Happy Oilman's Day!
Please allow me to congratulate you all on our professional holiday - "The day of the worker of the Oil, Gas and Fuel Industry" This...
JPMorgan Says Stay With Oilfield Services Leaders for the Rest of 2017
With oil trying to push back through the psychological $50 a barrel level, it’s becoming increasingly apparent that many of the...
Russia calls for tighter compliance with oil output cuts
MOSCOW (AP) — Major oil producers need to show greater discipline in sticking to output cuts aimed at raising the price of crude,...
Schlumberger buys Eurasia Drilling stake
es MOSCOW, July 21 (Reuters) - U.S. oilfield services giant Schlumberger NV has agreed to buy a 51 percent stake in Russian peer Eurasia...
Leonardo to supply helicopter for Russian oil & gas operations
Italian aerospace player Leonardo will provide an AW189 super medium helicopter to Aviashelf to perform transport operations from...
Brent and WTI crude oil prices expected to average about $50 per barrel through 2018
EIA now forecasts Brent crude oil spot prices to average $51 per barrel (b) in 2017 and $52/b in 2018. West Texas Intermediate (WTI)...
Wasco starts coating Nord Stream 2 pipes in Germany
After starting the concrete coating work on the North Stream 2 pipes in Finland, Wasco Coatings has now begun concrete weight coating...
Lukoil’s Vladimir Filanovsky reaches 3 million tonnes of oil produced
Lukoil, Russia’s largest privately-held oil company, has reached a milestone of three million tonnes of oil produced at the Vladimir...
Russia's Lukoil Wins Right to Develop Mexican Offshore Oil Block
Lukoil International Upstream Holding, a subsidiary of Russian oil giant Lukoil, won the right for an oil block in the coastal waters of...
GaspromNeft begins exploratory drilling at the Ayshsky block in the sea of Okhotsk
Gazpromneft Sakhalin (a subsidiary of Gazprom Neft) has begun drilling the first exploratory well at the Ayashsky licence block, located...
