NEW YORK, Sept. 5 (Xinhua) -- Oil prices surged on Tuesday as refineries sidelined by Hurricane Harvey began to restart. The West Texas Intermediate for October Delivery added 1.37 dollar to.........
see more >>ABERDEEN -- Cohort plc company SEA is showcasing an enhanced secure voice and data communications system for remote applications such as offshore ships and platforms at Offshore Europe 17. S.........
see more >>NEW YORK (Bloomberg) --Houstons devastating floods have slowed but not stopped work by MA bankers at the epicenter of U.S. energy-sector deals. Texans are a resilient lot,said Tim Perry, glo.........
see more >>NEW ORLEANS -- Offshore oil and gas operators in the Gulf of Mexico are reboarding platforms and rigs and restoring normal operations following Tropical Storm Harvey. The Bureau of Safety an.........
see more >>NEW YORK, Aug. 31 (Xinhua) -- Oil prices strongly rebounded from recent losses on Thursday, but U.S. crude oil prices posted steep monthly loss in August due to the Hurricane Harvey. The Wes.........
see more >>LONDON (Bloomberg) --World energy markets, from butane in Asia to diesel in Europe and gasoline in Latin America, are feeling the ripple effect of Texass deadly storm, highlighting the growi.........
see more >>KUWAIT -- Kuwait Foreign Petroleum Exploration Company k.s.c. (KUFPEC) announced today that its wholly-owned subsidiary KUFPEC Norway AS has reached agreement to acquire a 15% interest in th.........
see more >>NEW YORK, Aug. 24 (Xinhua) -- Oil prices fell on Thursday as some U.S. refineries shut operations ahead of Tropical Storm Harveys landfall. The West Texas Intermediate for October Delivery l.........
see more >>NEW YORK, Aug. 18 (Xinhua) -- Oil prices rose on Friday as a weak dollar spurred market appetite for the dollar-priced oil. The West Texas Intermediate for September Delivery added 1.42 doll.........
see more >>NEW YORK, Aug.16 (Xinhua) -- Oil prices declined on Wednesday after the release of key oil inventory data. The West Texas Intermediate for September Delivery erased 0.77 dollar to settle at .........
see more >>HOUSTON -- The U.S. Gulf of Mexico region wide Lease Sale 249 was held today, Aug. 16, 2017. It attracted 99 bids from 27 participating companies, with high bids totaling $121 million. Activ.........
see more >>NEW YORK, Aug. 14 (Xinhua) -- Oil prices declined on Monday as a stronger dollar spurred market sentiment for dollar-priced oil. The West Texas Intermediate for September Delivery erased 1.2.........
see more >>NEW YORK, Aug. 11 (Xinhua) -- Oil prices edged up on Friday as dollar weakened, but posted second straight weekly lost as global glut persists. The West Texas Intermediate for September Deli.........
see more >>RIYADH, Aug. 10 (Xinhua) -- Saudi Arabia and Iraq have affirmed their full commitment to reducing oil production to ensure oil market stability, local media reported Thursday. Saudi Crown Pr.........
see more >>HOUSTON -- Patterson-UTI Energy has reported that for the month of July 2017, the company had an average of 162 drilling rigs operating, including 159 in the U.S. and three rigs in Canada. F.........
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