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File Image (CREDIT: AdobeStock / (c) scanrail) As U.S. oil output is poised to overtake Saudi Arabia, Venezuelan oil output…
Thursday, 25 January 2018 08:00

Oil Hits $71 for First Time Since 2014

File Image (CREDIT: AdobeStock / (c) scanrail) Brent reaches $71.20, highest since December 2014; U.S. crude inventories fall for a record…
Tuesday, 04 September 2018 13:42

Transocean to Buy Ocean Rig in $2.7 Bln Deal

Offshore oil driller Transocean Ltd said on Tuesday it would buy peer Ocean Rig UDW Inc in a $2.7 billion…
© Zhu Difeng / Adobe Stock Pay attention to what traders actually do, not what they say, is one of…
Published in OE Daily: 2018 / May
File Image (CREDIT: AdobeStock / © scanrail) U.S. crude, gasoline inventories rise unexpectedly as Brent-WTI spread nears widest margin in…
Published in OE Daily: 2018 / May
Tuesday, 15 May 2018 10:33

Rising Oil Prices Boost US Economy

© Sergiy Serdyuk / Adobe Stock U.S. net petroleum imports have fallen to the lowest level in more than half…
Published in OE Daily: 2018 / May
Monday, 23 April 2018 13:44

Subsea 7 Makes Hostile Bid for McDermott

File Image: A Subsea 7 offshore support vessel. CREDIT: Subsea 7 Offshore oil services firm Subsea 7 has made an…
Published in OE Daily: 2018 / April
File Image (CREDIT: AdobeStock / (c) Gear STD) By restraining production, OPEC and its allies have succeeded in eliminating excess…
Published in OE Daily: 2018 / March
Friday, 02 February 2018 08:04

Brent Crude Nears $70 on OPEC Cuts, Demand

File Image (CREDIT: AdobeStock/ (c) Kasto) UBS sees upside for demand growth in 2018. Reuters survey shows strong compliance with output…
Thursday, 01 February 2018 08:00

Oil Rises as OPEC Compliance Eclipses US Output

File Image (CREDIT: AdobeStock / (c) scanrail) U.S. production tops 10 mln bpd for first time since 1970 as U.S. inventories…
Just like other oil and gas provinces, the global deepwater industry is adjusting to the new normal of low oil…
Published in OE Exclusive
Thursday, 01 June 2017 05:00

The new business of deepwater

Deepwater is ready for a comeback. Operators at this year’s Offshore Technology Conference sang the praises of a new below…
Published in OE: 2017 / June
A recent Wood Mackenzie survey finds that 80% of oil and gas operators expect oil prices to reach the US$50-$60/bbl…
Published in OE Press: 2017 / May
Wednesday, 10 May 2017 16:06

WGEG predicts bright global outlook

In Westwood Global Energy Group’s (WGEG) eighth annual State of Exploration Report, the private equity firm expects a brighter outlook with…
Published in OE Press: 2017 / May
Saturday, 01 April 2017 05:00

Tiebacks by the numbers

With large-scale projects on hold, subsea tiebacks are accounting for 75-80% of sanctioned projects. Will it last? Elaine Maslin shares…
Published in OE: 2017 / April
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2018-11-20 06:10:21am