Your Research Tool and News Aggregator for Oil and Gas Business.
October 18, 2017 10:27 am

North Sea hit by fall in oil price | FT Business

Oil Near $52 After Industry Data Shows Crude Stockpile Draw

Oil was little changed after an industry report was said to show US crude stockpiles fell, while supplies of products gained.

Read more

China’s CEFC Eyes Big League With Rosneft Oil Offtake Deal

For China, the world’s top crude importer, having access to Russian oil would be a big step towards its ambition to create a globally integrated oil supply chain.

Read more

Emerson Expands Technology Footprint, Acquires Paradigm

Emerson has agreed to acquire Paradigm, a leading provider of software solutions for the oil and gas industry.

Read more

Capline Owners Gauge Interest in Pipeline Reversal

Marathon Pipe Line, Plains All American, BP may convert crude pipeline’s flow from northbound to southbound.

Read more

Avenue Capital Urges Ocean Rig To Hire Advisers

Ocean Rig UDW’s fifth-biggest investor Avenue Capital Group urged the offshore driller to hire advisers to review ‘opportunities.’

Read more