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Tag: oil
BP profits hit by lower oil price
2016-07-26 10:09:58| BBC News | Business | UK Edition
Second-quarter profits at oil giant BP almost halve from a year earlier as the company suffers from lower oil prices and weak refining margins.
Are low oil prices good news for offshore wind?
2016-07-26 01:00:00| Power Technology
As costs fall and renewables become a higher global priority, big players in oil and gas are turning their attention to offshore wind. But will there be a market for them in the years to come?
Zargon Oil & Gas to sell Southeast Saskatchewan assets
2016-07-26 01:00:00| Hydrocarbons Technology
Canadian-based Zargon Oil & Gas has signed an agreement for the sale of all of its Southeast Saskatchewan assets in a transaction worth C$89.5m ($67.9m).
Oil prices fall as supply glut may continue
2016-07-26 01:00:00| Offshore Technology
Oil prices have dropped towards $44 a barrel due to fears that a prolonged rebalancing of the market may be delayed due to oversupply.
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Oil price drops to three-month low on oversupply fears
2016-07-25 21:59:13| BBC News | Business | UK Edition
Oil prices have fallen to a three-month low, hit by rising concerns that a global oversupply of both crude and natural gas will dampen prices.
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