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Total to acquire Maersk Oil for $7.45bn
2017-08-22 01:00:00| Offshore Technology
French oil and gas company Total has agreed to acquire 100% of the equity of Maersk Oil and Gas, a wholly owned subsidiary of AP Mller Mrsk, for $7.45bn.
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Oil prices climb high on signs of market rebalancing
2017-08-22 01:00:00| Offshore Technology
Oil prices have improved significantly on signs that supply is gradually tightening globally, especially in the US where crude stocks fell by nearly 13% from March to 466.5 million barrels.
ORNL-led team uses carbon material derived from tire waste to convert used cooking oil to biofuel
2017-08-21 11:55:39| Green Car Congress
Tracking oil leaks in real time
2017-08-21 08:00:00| Offshore Technology
A new method to precisely measure hydrocarbons in the waters around oil wells has been developed by the Norwegian Geotechnical Institute (NGI) in cooperation with Kjeller Innovation. Will this make undetected leaks a thing of the past?
Oil prices drop marginally on rising output in US
2017-08-21 01:00:00| Offshore Technology
Oil prices have slipped on indications of rising US output, though crude stocks dropped by nearly 13% in the US.
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