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Iran Oil Chief Shakes Up Oil Firm in Bid to Strike Pre-election Deals

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Oil minister Bijan Zanganeh has handed the running of Iran's national oil company to a trusted ally in a push to agree long-awaited deals...

National Parks, low gas prices fuel summer travel

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Low gas prices and interest in the National Park Service's 100th birthday are fueling summer travel this year, according to an expert from BJ's...

Norwegian Unions Say 755 Oil, Gas Workers Could Strike

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About 755 Norwegian workers on seven oil and gas fields could go on strike from Saturday, hitting output from western Europe's top producer, if...

Wärtsilä supplies 161 MW Flexicycle power plant to Saudi Arabia

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Wärtsilä has signed a major contract to supply a 161 MW Flexicycle (combined cycle) power plant to Yamama Cement Company in Saudi Arabia. Wärtsilä...

Modi’s $27B Oil Quest Gives Services Firms A Lifeline

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India is offering global oilfield service providers starved of new contracts a $27 billion lifeline as the government’s ambition to cut fuel imports drives fresh...

Brexit – What’s next for investors?

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A nation voted. With a 72.2% turnout, 17.4 million (51.9%) votes were cast to leave the EU, compared with 16.1 million (48.1%) to remain,...

Vos Prodect contracted for cable hang-off testing

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Vos Prodect Innovations has recently been contracted by Siem Offshore Contractors GmbH, regarding testing and delivery of sealed cable hang-off systems for the 2...

Canada Oil Output to Fall This Year on Wildfires, Low Prices

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Canadian oil output is forecast to decline this year for the first time since 2009 after a wildfire in northern Alberta curtailed more than...

US Oil Drillers Cut Rigs After 3 Weeks of Additions

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U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report...

Greater Enfield oil development approved

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Woodside advises that with Joint Venture participant Mitsui E&P Australia, the Greater Enfield Project has been approved for development. Located 60 km off Exmouth in...

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