Oil & gas news

Fitch Ratings have said that there is a broad cross sector impact evident in sustained US$50/bbl oil price scenario.

Respol’s strong performance was supported by the start of production in strategic projects and by the good result of the downstream unit.

Some of the latest announcements from the global oil and gas sector.

MOU to contract for a land-based oil and gas rig with deep drilling capacity and certain other oilfield services.

New coverage of the emerging gas market in Australia will be published weekly within the ICIS LNG Markets Daily report.

Cordant Technical & Engineering has opened an office in Aberdeen to meet growing demand among oil and gas companies.

SPX Bolting Systems wins US$1.2 million order for Qatar maintenance project.

Proscient plays a key role in improving operations and safety management systems.

McPhy Energy and the Italian De Nora group have announced a technology partnership agreement.

With low oil prices, the oilsands region's cash flows will fall by US$23 billion in 2015 and 2016 combined, according to Wood Mackenzie.