Even if Joe Biden secures a pledge for more oil when he visits Saudi Arabia this week, it may do little to drive down the high fuel prices roiling the global economy. SourceContinue Reading
Petrobras has awarded Tenaris a four-year contract for the supply of a comprehensive package of products and services for its flagship Buzios deepwater project. SourceContinue Reading
TechnipFMC will continue to provide a wide range of engineering, studies and technical services to Neptune Energy, including installation work and operational support for Neptune’s development projects and producing fields. SourceContinue Reading
Nigeria’s state energy company won a court decision temporarily blocking Exxon Mobil Corp. from selling assets in the country to Seplat Energy Plc. SourceContinue Reading
Suncor Energy Inc.’s chief executive officer stepped down on Friday after a series of fatalities at the company’s oil sands sites shook confidence in its management. SourceContinue Reading
National Ocean Industries Association President Erik Milito said Interior has had 16 months to fulfill its statutory obligation to develop and maintain an offshore oil and gas leasing program and it has failed. SourceContinue Reading
Employment in the U.S. oilfield services and equipment sector rose by an estimated 4,999 jobs to 633,198 in June, according to preliminary data. SourceContinue Reading
This year, the number of new petroleum-engineering graduates in the U.S. is expected to total about 400 — an 83% decline from 2017, when they peaked at more than 2,300. SourceContinue Reading
The heart of the U.S. physical oil markets is screaming for supplies even as headline prices swing due to worries about a global recession. SourceContinue Reading
In response to high interest from submitting authors, the new deadline to submit abstracts is August 8, 2022. The Congress will take place from September 17-21, 2023, in Calgary, Alberta. SourceContinue Reading