February 14, 2017

Saudi Arabia Cuts Oil Output by Most in Eight Years

Published in Oil Industry News on Tuesday, 14 February 2017 Saudi Arabia told OPEC that it cut oil production by the most in more than eight […]
February 14, 2017

BP Completes Purchase of Zohr Field Stake

Published in Oil Industry News on Tuesday, 14 February 2017 BP has completed the purchase of a 10% stake from Eni, in the Shorouk Concession of […]
February 14, 2017

Weatherford UK Secure Drilling Services Facility Achieves API Q2 Certification

Published in Oil Industry News on Tuesday, 14 February 2017 Weatherford International plc announced today that its Secure Drilling Services facility in Aberdeen, Scotland, received API […]
February 14, 2017

Oil Steadies as OPEC-Led Output Cuts Trim Oversupply

Published in Oil Industry News on Tuesday, 14 February 2017 Oil steadied on Tuesday, supported by an OPEC-led effort to cut output while rising production elsewhere […]
February 14, 2017

OPEC Reports Big Saudi Oil Cut, Boosting Compliance with Deal

Published in Oil Industry News on Tuesday, 14 February 2017 Top OPEC oil producer Saudi Arabia made a large cut in its crude output in January […]