US crude futures fall more than 1% after a surprise build in stockpiles while gasoline rallied on bets for strong fuel demand through the peak summer driving season.
Source: Offshore
US Crude Falls More Than 1% On Surprise Stockpile Build
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Tap Oil provides the latest independent reserve estimates for the Manora oil field in the Gulf of Thailand.
Source: Offshore
Tap Oil Provides Independent Reserve Estimates for Thailand's Manora Field
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Azonto Petroleum plans to sell its 35% stake in Vioco Petroleum Limited to Vitol E&P Limited.
Source: Offshore
Azonto Petroleum to Sell 35% Vioco Petroleum Stake
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The EMAS AMC-Larsen & Toubro Hydrocarbon Engineering joint venture signs a six year long term agreement with Saudi Aramco for offshore projects in Saudi Arabia.
Source: Offshore
EMAS AMC-LTHE JV Signs 6 Year Deal with Saudi Aramco for Offshore Work
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Two workers died at a construction project at a Brazilian oil terminal operated by Petrobras, a union representing oil workers says in a statement.
Source: Offshore
Union: Two Die At Petrobras Terminal; Fire Hits Offshore Platform
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MacGregor bags contracts to supply Merkers Offshore with four lattice boom cranes for two maintenance liftboats being constructed at Jiangsu Dajin Heavy Industries yard in China.
Source: Offshore
MacGregor Bags LBC Crane Contracts from Merkers Offshore
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A power outage in North Dakota’s capital brought down computer servers that provide data used to track myriad output statistics across the second-largest US oil producing state.
Source: Offshore
Power Outage In North Dakota's Capital Delays Drilling Rig Data
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A Republican-led House committee subpoenas US Secretary of State John Kerry for documents relating to his department’s review of the Keystone XL pipeline.
Source: Offshore
House Panel Subpoenas State Department for Keystone XL Documents
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Empyrean Energy reports a major upgrade to reserves and resources at its Sugarloaf AMI asset in the Eagle Ford Shale, Texas.
Source: Offshore
Empyrean Sees Upgrade to Eagle Ford Shale Asset
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Brazil’s government, aiming to win back investors and stave off a ratings downgrade, may back as much as $6.3 billion in IPOs by state-run companies this year.
Source: Offshore
Brazil Fire Sale From Petrobras to Vale Seen Driving IPO Revival
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