News

Drilling waste management specialist, TWMA*, has been awarded a contract with bp to provide drilling waste management services in the UK North Sea. This agreement reinforces TWMA’s position as a trusted provider of innovative solutions […]

(Bloomberg) – The drilling unit of the United Arab Emirates’ biggest oil company expects to make three acquisitions in the second half of this year totaling about $500 million, as it expands in […]

(Bloomberg) – Oil rose as algorithmic traders fled short positions amid renewed optimism about trade talks between the U.S. and China this weekend. West Texas Intermediate climbed 1.9% to settle near $61 a barrel, the […]

(Bloomberg) — Kazakhstan, which has created tensions within OPEC+ by consistently breaching its production limit, has no plans to cut oil output in May, the country’s Energy Ministry said. Central Asia’s largest oil […]

(Bloomberg) – Thailand said it’s interested in co-developing a massive gas pipeline project in Alaska backed by President Donald Trump, as the Southeast Asian nation explores ways to cut its $46 billion trade surplus with […]

(Bloomberg) – Oman is looking to sell a stake in natural gas assets valued at about $8 billion, according to people familiar with the plan, as the sultanate seeks to raise cash to shore up […]

ConocoPhillips CEO Ryan Lance (Bloomberg) — ConocoPhillips became the latest U.S. oil explorer to cut spending after a drop in crude prices below $60 a barrel this year. The Houston-based oil giant cut […]