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Oil prices remain weak due to fuel oversupply

2016-08-03 01:00:00| Offshore Technology

Oil prices have remained weak as fuel oversupply and faltering economic growth weighed on markets.

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Fracture ID unveils new low cost solution for oil and gas companies

2016-08-02 01:00:00| Hydrocarbons Technology

US-based oil and gas technology company Fracture ID has unveiled a new low cost solution for engineered completions.

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Oil prices rise after US crude broke below $40

2016-08-02 01:00:00| Offshore Technology

Oil prices have risen after US crude stocks fell below $40 per barrel the previous session.

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The clean-up: how small oil spills harm seabirds

2016-08-01 01:00:00| Offshore Technology

Researchers at York University in Toronto, Canada have been looking at how oil companies in Newfoundland counter the impacts of small-scale oil spills, which can have detrimental effects on seabirds. Despite this, offshore operators are failing to mo

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Oil prices fall due to high-output from OPEC and rise in US drilling

2016-08-01 01:00:00| Offshore Technology

Oil prices have dropped as a result of factors such as rising production from the Organization of the Petroleum Exporting Countries (OPEC), an increase in US drilling, and weak Asian economic data.

Tags: us due prices fall

 

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