Rystad Energy has cut its 2020 Brent crude oil price forecast from nearly $60 per barrel to around $56 per barrel.

Additional equipment, materials, and workers will be deployed to the site to expedite completion.

This photo shows Dolphin's CEO, Bjørnar Iversen. PHOTO SOURCE: Dolphin Drilling

The pipeline will have initial capacity of 600,000 barrels of oil per day and is expected to be in full service on April 1.

The candidate's experience leading during organizational transformations made him a natural fit for the role.

NASDAQ originally provided 180 days following receipt of the notice to meet the standard and regain compliance.

Keppel contends that it delivered the world's fastest brownfield FPSO modification and upgrading project for the FPSO Abigail-Joseph. PHOTO SOURCE: Keppel Corp.

Above is a rendering of the Plaquemines LNG facility. IMAGE SOURCE: Venture Global LNG, Inc.

Weir Group plc has announced that its focus is now on becoming a mining technology pure play.

BP will drop three U.S.-based trade associations following a review examining climate-related policy and activity alignment.

Oil extended losses after closing at a 13-month low as more new coronavirus cases were reported outside China than within.

Chevron Corp. asked traders and other staff at its Canary Wharf office in London to work from home as a precaution after an employee was tested for the coronavirus, according to a person familiar with the matter.

The underlying risk adjusted return for the project has dwindled so much that further development is no longer supported.

There is now the potential to continue to significantly improve this already large gas and condensate accumulation.

Bedard is succeeded by Dan Campbell, a twenty-year executive with extensive experience in the midstream industry.

Saipem has signed an MOU with Abdel Hadi Abdullah Al Qahtani & Sons Co. (AHQ).

Saudi Aramco has signed 66 Memoranda of Understanding and strategic and commercial collaborations worth more than $21 billion.

Royal Dutch Shell is pushing ahead on its massive deepwater drilling plan in Mexico.

Triangle Energy has confirmed that production at the Cliff Head Alpha Platform has been suspended as a result of an electrical fault.

The American Chemistry Council reported Tuesday that one of its economic indicators suggests a growth trend for the broader US economy for much of this year.