trends

(Bloomberg) – Equatorial Guinea says it held talks with Trafigura Group for the possibility of $2 billion in financing from the commodity trader to support development of the nation’s oil and gas sector. […]

(Bloomberg) – The selloff in global oil markets on perceived bad economic news was overdone because demand remains strong, according to top crude exporter Saudi Aramco. Aramco CEO Amin Nasser Brent crude dropped […]

(WO) – Digitising Reality announced its recent approval by DNV for using Remote Inspection Techniques (RIT) for close-up survey of structures, in accordance with Class Programme DNV-CP-0623. This approval allows Digitising Reality to carry out […]

(Bloomberg) – Shell Plc reported second-quarter earnings that beat estimates and confirmed another $3.5 billion of share buybacks. Alongside the steady pace of shareholder returns, the company made more progress in strengthening its […]

(WO) – Salunda, the global leader in digitized solutions for safety critical industries, has secured an agreement to provide bp with its Crew Hawk Red Zone monitoring solution for use across the operator’s North Sea […]

(Bloomberg) – Exxon Mobil Corp. exceeded profit expectations after the $63 billion acquisition of Pioneer Natural Resources Co. pushed oil and gas production to a record. ExxonMobil CEO Darren Woods Exxon earned $2.14 […]

(Bloomberg) – Chevron Corp. is relocating headquarters to Houston, Texas, from California after repeatedly warning that the Golden State’s regulatory regime was making it a tough place to do business. The move announced […]

(Bloomberg) – Some leading U.S. shale producers are planning to pump more oil this year than originally projected, a sign national supply could exceed the modest growth expectations many companies had pledged. EOG […]

(Bloomberg) – Some leading U.S. shale producers are planning to pump more oil this year than originally projected, a sign national supply could exceed the modest growth expectations many companies had pledged. EOG […]

(WO) — SLB has announced a major offshore contract award by Petrobras, following a competitive tender, to its OneSubsea joint venture for their standardized, pre-salt subsea production systems and related services. The scope covers the […]