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Tag: oil
BP's Clair oil platform shut down after leak
2016-10-02 21:27:14| BBC News | Business | UK Edition
BP shuts down one of its oil platforms, about 75 km to the west of Shetland, because of a leak.
Oil Markets
2016-09-30 23:42:14| BBC News | Business | UK Edition
The oil producers' group OPEC agreed a preliminary deal on Wednesday to reduce supply. The decision at a meeting in Algiers marks the first time in eight years that OPEC's members have agreed to cut production, and oil prices rose on the news. But will the deal hold?
Tags: oil
markets
oil markets
markets oil
Oil slump causes Indian workers to leave Saudi Arabia
2016-09-30 17:31:50| BBC News | Business | UK Edition
The closure of companies in Saudi Arabia has left thousands of Indian workers without jobs.
Tags: leave
oil
workers
indian
Baker Hughes releases Kymera Xtreme drill bits for oil and gas operators
2016-09-30 01:00:00| Hydrocarbons Technology
US-based oilfield services provider Baker Hughes has released its line of Kymera Xtreme (XT) hybrid drill bits for oil and gas operators.
Report: Global oil and gas contract activity concentrated in the EMEA region in August
2016-09-30 01:00:00| Offshore Technology
A monthly review of worldwide oil and gas contract activity in August has revealed that majority of the contracts were focused in the EMEA region, according to a report by GlobalData.
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