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Although CB&I operates worldwide, more than 70 percent of its engineering and construction revenues in 2016 will come in the U.S., the company announced Tuesday during an investor day in New York.
Fifty-seven years after the birth of founding member Lol Tohurst, and the crude complex is still exploring whether ‘The Cure’ for low oil prices is…low oil prices. Last night’s API report had a considerably bearish tilt, yielded a solid build of 3.8 million barrels to crude stocks, while Cushing stocks edged up also. It was […]
Nigeria’s oil minister, speaking on a panel at the World Economic Forum in the Swiss resort, said the Organization of Petroleum Exporting Countries needs to meet soon as crashing prices force the group to reconsider its current laissez-faire policy.
State-run National Oil Corporation’s spokesman, Mohammed al-Hariri, and Osama al-Hadairi, the spokesman for the oil facilities’ security unit, say the attack took place early Wednesday.
One hundred and six years after the birth of Luise Rainer, and oil continues in its enthralling escapade – trying to muster a bounce for the first time in 2016 and escape the clutches of twenty-dollardom. The crude complex is pushing higher for now, buoyed by a brighter mood in US and European equity markets […]
Militants attacked an oil tank in Es Sider on Tuesday, setting it on fire, according to a statement on the NOC website.
Libya, with Africa’s largest oil reserves, pumped about 1.6 million barrels a day of crude before the 2011 rebellion that ended Muammar Qaddafi’s 42-year rule.
Activists said the ruling sets a landmark legal precedent that clears the way for Dutch-based companies to be sued for alleged negligence of their subsidiaries elsewhere in the world.
The largest oil and gas project ever developed in the Republic of Congo has started production, multinational oil giant Chevron confirmed Friday morning.
Libya, with Africa’s largest oil reserves, pumped about 1.6 million barrels a day of crude before a 2011 rebellion ended Muammar Qaddafi’s 42-year rule.