Norwegian oil and gas company Equinor is progressing oil spill recovery at the South Riding Point terminal in the Bahamas after the impact of Hurricane Dorian. Source: Equinor In the afterma... Read more
Embattled Hong Kong leader Carrie Lam Cheng Yuet-ngor dropped a bombshell on Wednesday, announcing she would formally withdraw the hated extradition bill that sparked the city’s protest cris... Read more
Following a recent oil discovery at the Jethro well offshore Guyana, oil firm Tullow is set to spud the second well, Joe-1, within days. The Stena Forth drillship / Image source: Stena Drill... Read more
Oil prices fell on Tuesday on persistent concerns over future demand, but losses were capped by optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus meas... Read more
Italian oil and gas company Eni saw its profit drop by 66% in the second quarter 2019 when compared to the same period last year. Claudio Descalzi, Eni CEO; Source: Flickr/Eni Eni reported o... Read more
Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy. Front-month Brent crude futures, the int... Read more
Saudi Arabia indicates that OPEC and other oil producers will continue managing global crude supplies to avoid a surplus. Oil claws back some gains after last week’s heavy losses as deepenin... Read more
Oil prices were mixed on Tuesday as prices were caught between concerns over global supply and fears that the U.S.-Chinese trade conflict will hurt demand. Brent crude fell by 15 cents, or 0... Read more
Oil and gas took center stage Thursday with the visit of several high-ranking foreign officials, including Greek President Prokopis Pavlopoulos and the Cypriot foreign and energy ministers.... Read more
Oil prices slipped Wednesday morning, interrupting a recent rally with news of sharply increased U.S. crude stockpiles released by the American Petroleum Institute Tuesday night. But it... Read more
