Mexico has made significant progress on hedging next year's expected crude oil output, a Mexican finance ministry official said on Friday.
Mexico's oil hedging program,
Energy companies have reduced the number of rigs drilling for oil in the United States to the lowest since August, shifting more rigs in favor of natural gas as crude prices dive,
Brent falls 9 pct in October, WTI down 12 pct; Bank of Japan stimulus boost lifts U.S. dollar.
Oil's losing streak continued for the fourth consecutive month on Friday,
Top U.S. oil producers, which already were reining in spending before crude prices started to slip in June, are now looking to trim more fat from their budgets
Danish wind turbine manufacturer Vestas Wind Systems said on Friday it had received a 66 megawatt turbine order for a wind project in Turkey.
The order was for 20 units of the V126-3.
The recent slide in crude oil prices has not affected Exxon Mobil Corp's plans to spend a little less than $37 billion over the next several years, an executive told investors on Friday.
BMT Scientific Marine Services (BMT) was selected by Saipem to supply the riser integrity monitoring systems for the Total Egina development located 150km off the coast of Nigeria.
Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured a contract from BOT Lease Co., Ltd (BOTL), an
First major public appearance of new Total head; he challenges European politicians to fight US ban.
The new head of French energy major Total challenged Europe to fight Washington over the U.
Brent falls 10 pct in October, WTI down 11 pct; Dollar strong after U.S. GDP data.
Brent crude oil fell more than a dollar towards $85 a barrel on Friday as
Gasoline prices in all parts of the United States are tied to Brent rather than the domestic crude oil benchmark WTI, according to a detailed study published on
Ensco plc today reported earnings per share from continuing operations of $1.93 in third quarter 2014, up 16% from $1.66 in third quarter 2013. Adjusted for a $0.
A consortium has been participating in an experimental offshore floating wind farm project sponsored by the Ministry of Economy, Trade and Industry since March 2012.
ClassNK has launched a feasibility study for a new marine renewable energy testing facility to be built in Singapore.
The announcement was made at the 2014
A group of offshore companies, including Bluewater, Damen and Van Oord among others, has partnered for a floating tidal energy platform a project to generate clean electricity,
Statoil together with co-owners in the Stampede development in the Gulf of Mexicohas sanctioned the Stampede project in the U.S. Gulf of Mexico. Statoil said it will invest $1.
Kongsberg Maritime Embient, with Kongsberg partner company Contros Systems and Solutions, has been selected to develop and deliver technologies and strategies for
Launched in March 2012, the Fukushima experimental offshore floating wind farm project sponsored by the Ministry of Economy, Trade and Industry is nearing the installation
Nordic American Offshore Ltd. has declared a dividend of $0.45 per share for 3Q2014, as previously announced. This is the same dividend as for the previous two quarters.
National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a 10 percent rise in quarterly profit as its rig systems business readied more oil and gas wells for production.