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Business and Finance
PV Drilling has signed a contract to supply the jack-up rig PV Drilling II to PVEP Song Hong Company Limited (PVEP Song Hong) in Ha Noi, Vietnam.
The importance of a good recruitment agency
Oil prices have fallen to their lowest level since 2003, sinking below $28 a barrel before recovering slightly on Monday.
The oil price has fallen below $28 a barrel amid fears the lifting of Western sanctions on Iran could worsen the existing oversupply problem.
ONGC Targets $10-$12 Bn Foreign Oil And Gas Investments
Iran Set To Enter Oil & Gas Market: How Will It Impact Oil Prices?
US Oil Settles Down 44 Cents, or 0.9%, at $46.66 a Barrel
Oil Rally Snaps Gas Price Stability
Walker Riverside-based firm reported a profit on sale of business of £230.4m after it was acquired by global oil player GE
Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its oil to China than it did to the U.S. China also made large investments in Saudi Arabia’s oil refining industry as well. But China’s oil investments didn’t stop there; they also pursued oil producing Canadian assets in 2011-12.
All oil & energy companies have high debts and low earnings and cash flow in the industry downturn, but some are worse than others.
International and domestic private sector participants were designated catalysts for rejuvenating Mexico’s oil and gas sector, after the country tore-up constitutional impediments – dating as far back as 1938 – barring their participation.
The fields, bought by the chemicals group from a Russian billionaire, provide 8% of the UK’s gas
Oil and gas companies have seen better days. As a consequence, many investors are leaving the sector in search of safer harbors to park their cash. But if you needed one good reason to hold on to some of your oil and gas stocks, this week’s chart has it...
Freeport-McMoRan Inc. has announced a strategic review of its oil and gas business, as it looks for the best response to the prevailing weakness in oil prices.
European oil companies are heading for the best weekly performance in seven years as they added about $74 billion in value following crude’s surge past $50 a barrel.
International oil benchmark Brent crude oil is on course for its biggest weekly gain in six years, as rising geopolitical tensions and signs of slowing output have brought buyers back to the market.
In a report released Thursday, state officials admit the Department of Conservation’s oversight of wastewater injection wells related to oil and gas has failed because of inadequate recordkeeping, understaffing, inconsistent enforcement, inaccurate permitting and poor monitoring.
Oil and gas (O&G) counters continued to extend gains after oil price rose to its highest in three months with Brent crude climbing to US$53.28 per barrel sealing analysts' positive feel on the sector's recovery in the final quarter of 2015.
Secret memo reveals King Salman imposing unprecedented austerity on public-sector budget as oil price languishes at under half of break-even level
Colorado's oil and gas companies, already reeling from low crude oil commodity prices, got their first good look today at draft rules from the state designed to calm years of controversy over big wells drilled in and around neighborhoods unused to such activity.
The full extent of the impact of slumping crude prices on Saudi Arabia’s public finances has been highlighted by the International Monetary Fund in a new report telling oil exporters to be braced for a prolonged period of disruption to their budgets.
Norway's oil and gas industry said Wednesday it was disappointed that no incentives to boost recovery rates had been announced by the government in its 2016 budget, and warned that a failure to do so in the future could ultimately lead to falling production.
Encana Corp. said Thursday that it had agreed to sell oil and gas assets in Colorado’s Denver Julesburg Basin for $900 million to a new joint venture majority owned by Canada’s biggest pension fund.
It was a week where oil prices fluctuated wildly to maintain status quo and natural gas plummeted to its lowest settlement since June 2012. On the news front, BP plc (BP - Analyst Report) will pay a record $20.8 billion as penalties for the deadly oil spill of 2010, while Suncor Energy Inc. (SU - Analyst Report) launched a hostile bid to acquire Canadian Oil Sands Ltd. for C$4.3 billion.
Deep Down, Inc., an oilfield services company serving the offshore exploration and production industry, has received an order valued at $13 million.
Pulse Structural Monitoring (Pulse) has been awarded a contract with National Oilwell Varco (NOV) Arendal in Norway to provide an acoustic mooring line subsea monitoring system to measure mooring line inclination and tension.
Prospects for Leading Personnel, Perimeter, Maritime & Cyber Security Companies in a Lower Oil Price Environment
Freeport-McMoRan may get rid of its oil and gas business.
LetterOne, the investment vehicle led by Russian billionaire Mikhail Fridman, is in taks to buy assets off the coast of Norway for $1bn