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Texo Engineering appoint new directors and open port of Blyth office
27 March, 2019
Texo Group, the technology-led Integrated Asset Services specialist,...
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Klaw appoints Norwegian distributor to enable local support
Thursday, January 24, 2019 by KLAW Marine Breakaway Couplings and Dry Disconnect Couplings can now be locally supplied, serviced and refurbished in Norway by its newly appointed distributor Fluid Control Service...

Iran Looks To Boost Oil, Gas Production Capacity With $1 billion Deals
Wednesday, January 23, 2019 by Subsidiaries of the National Iranian Oil Company (NIOC) signed on Tuesday agreements with Iran-based companies aimed at maintaining and increasing the production capacity of nine...

Opec+ Succeeds, What’s Next For Oil?
Monday, December 10, 2018 by Oil prices spiked on Friday on news from Vienna.

Aramco’s $500 billion Global Expansion
Tuesday, November 27, 2018 by Saudi Aramco will spend $500 billion over the next ten years to expand internationally, with a fifth of the total amount earmarked for petrochemical projects and $160 billion for...

What’s Behind The Continued Selloff In Oil?
Friday, November 02, 2018 by Investors are growing increasingly pessimistic about the direction that the oil market is heading in, and their negative outlook is helping to drag down crude oil prices.

Oil markets tremble as Chinese stocks crash
Monday, October 22, 2018 by China’s stock market fell sharply on Thursday, dragged down by a range of concerns that should offer a warning to the broader global economy.

Iran reports 46% drop in condensate exports
Tuesday, October 09, 2018 by Iran’s condensate exports fell by 46 percent over the first six months of the Iranian year, from March to September, says local news agency Isna reported

Why the Saudis can’t keep a lid on oil prices
Wednesday, October 03, 2018 by Saudi Arabia is incapable of offsetting all of Iran’s crude oil supplies, according to the latest oil market message shared by several analysts

Underwhelming Opec fuels oil price rally
Tuesday, October 02, 2018 by Oil prices rose on Monday on news that Opec only added a modest amount of additional supply to the market in September, contrary to previous expectations

The biggest risk in today’s oil markets
Wednesday, September 19, 2018 by The oil market is 'tightening up', but the Trump administration could still spoil oil prices if its aggressive trade war against China drags economic growth down

Petrobras aims to cut debt further, boost oil production In 2019
Tuesday, September 18, 2018 by Brazil’s state-run oil firm Petrobras plans to shave another US$10 billion off its huge net debt and increase oil production by as much as 10% to 2.3 million b/d in 2019, chief...

Can India afford to cut Iranian imports to zero?
Monday, September 17, 2018 by India is set to cut its imports of oil from Iran by half over the next two months, which will put a significant dent in Iran’s ability to find markets for its oil.

Say goodbye to cheap oil… for now
Wednesday, September 05, 2018 by Oil prices will be much higher over the next few years than previously thought, according to a new report from Barclays.

The biggest threat to the oil and gas industry
Monday, September 03, 2018 by Trump’s trade war is taking a toll on the oil and gas industry.

Oil rallies on flurry of bullish news
Friday, August 31, 2018 by Oil is on track for a second consecutive week of gains, after two months of losses. Oil prices have climbed 10% in the past two weeks, and the big question is whether or not the...

The Permian could soon have too much pipeline capacity
Tuesday, August 28, 2018 by The Permian could soon have too much pipeline capacity, a glut that will present problems for midstream companies.

All-time low spare capacity could send oil to $150
Thursday, August 16, 2018 by While the oil market and analysts are trying to guesstimate how much Iranian oil the US sanctions will stifle later this year, they all agree that the sanctions' return is the...

$90 oil is a very real possibility
Wednesday, August 08, 2018 by US sanctions on Iran could push oil prices up to $90 per barrel later this year.

Opec To Rule Oil Markets Till Peak Demand
Wednesday, July 18, 2018 by Opec will continue to play a key role in oil supply and prices in the global oil market through 2040, despite the relentless oil production in the Permian and expectations for...

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