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BP Posts Around 100 Offshore Wind Job Vacancies

BP, which just recently entered the offshore wind market, has posted around 100 job vacancies looking for talent to support its growing offshore wind business….

ERIELL Wins Uz-Kor Contract for New Works in Aral Sea

ERIELL Group is pleased to announce it has won a tender from Uz-Kor Gas Chemical and signed a contract to work on 150 wells at…

US pipeline operator shuts down network after cyber-attack

Top U.S. fuel pipeline operator Colonial Pipeline has shut its entire network after a cyber-attack, the company said in a statement on Friday, Report informs, referring to Reuters….

Oil overproduction by OPEC+ participants reaches 3.316M bpd

OPEC and its allies have overproduced their quotas by a cumulative 3.316 million b/d through the end of March, with Russia and Iraq the most…

Shell Sells Washington Refinery

Royal Dutch Shell’s (NYSE: RDS.A) subsidiary, Equilon Enterprises LLC d/b/a Shell Oil Products U.S., has reached an agreement for the sale of its Puget Sound…

Oil Slides Amid Uneven Consumption Recovery

Oil slipped below $69 a barrel as traders assessed an uneven recovery in global demand. Global benchmark Brent has struggled for momentum after failing to…

Saudi Aramco increases net profit by 30%

In the first quarter of 2021, Saudi Aramco, one of the world’s largest oil companies, received a net profit of $21.7 billion, which is 30% more than in the…

Gas price has risen to record in Europe

The price of gas in Europe has risen at a record since mid-January of this year.  Prices at the main hub of Europe TTF in…

Oil Trading Giant Looks To Enter The Permian Through Major Asset Sale

Commodity trading major Vitol is reportedly negotiating a deal to acquire the oil wells of Hunt Oil Co. in the Permian Basin. According to Bloomberg, which…

Chesapeake Considering Texas Asset Sale

Chesapeake Energy plans to sell its producing oil assets in South Texas in the hopes of pocketing some $2 billion, Reuters has reported, citing two anonymous…

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