Oslo — Norway’s largest oil services firm Aker Solutions said on Friday it had laid off workers and scaled back…
Browsing: Oil
Mexico City — Mexico’s government will likely prop up state oil firm Petroleos Mexicanos (Pemex) due to its vulnerability to…
London — Traders have chartered at least five supertankers in the past day with options to store oil at sea…
News wire — US energy firms cut the most oil rigs in a week since April 2015, removing rigs for…
Singapore — Oil refiners from Texas to Thailand are bracing for deeper output cuts, bruised by an unprecedented demand shock…
News wire — Saudi Arabia held firm on its position in the price war with Russia, saying on Friday that…
Ike Amos Abuja — The Nigerian National Petroleum Corporation (NNPC), Total, ExxonMobil, Shell and 30 other oil and gas companies…
London — Some crude traded on a spot basis to China on Friday while the demand outlook in Europe and India, a…
News wire — Only the old hands at the Coffeyville oil refinery could remember anything like the prices posted this…
London — Brent oil futures may be trading at $27 per barrel but oil producers are selling their crude in…