Expro Group and Frank’s International announced a definitive agreement under which the companies will combine in an all-stock transaction. Upon the closing of the transaction, Expro shareholders will own approximately 65% of the combined entity, with Frank’s shareholders owning approximately 35%. SourceContinue Reading
Saudi Minister: OPEC Wants “Fair” Price For Its Oil | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Mar 11, 2021, 9:00 AM CST The Organisation of Petroleum Exporting Countries is looking for...Continue Reading
The Organization of Petroleum Exporting Countries trimmed estimates for the amount of crude it will need to pump in the second quarter by 690,000 barrels a day, amid a weaker picture for demand and stronger growth in rival supply. SourceContinue Reading
Futures in New York climbed above $65 a barrel, while the U.S. currency was trading lower. Gasoline inventories have declined more than 25 million barrels in the last two weeks, while a measure for consumption expanded last week to the highest level since November. SourceContinue Reading
Last year BP said it would restructure the company to focus on cleaner energy and shrink its hydrocarbon business by 40% over the coming decade. Since announcing its strategy shift, the major has sold a string of oil and gas assets while making big investments in offshore wind. SourceContinue Reading
Why U.S. Shale Production Remains Stubbornly High | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Mar 10, 2021, 7:00 PM CST I have written on shale...Continue Reading
Saudi Oil Exports Holding Strong Despite Production Cut Commitment | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Mar 10, 2021, 6:30 PM CST Saudi Arabia’s crude oil exports fell just slightly...Continue Reading
Biden Is Playing A Dangerous Game In The Middle East | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently, he holds several advisory positions with international think tanks in the Middle… More Info Premium Content By Cyril Widdershoven – Mar 10, 2021, 6:00 PM CST Washington’s new...Continue Reading
Saudis Vow To Protect Oil Facilities And Global Supply After Latest Attacks | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Related News By Tsvetana Paraskova – Mar 10, 2021, 5:30 PM CST Saudi Arabia will take...Continue Reading
Iran Pushes Development Of Major Oil Region Under 25-Year China Deal | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Mar 10, 2021, 5:00 PM CST Whether...Continue Reading