June 30, 2017

OpEd: OPEC Production Cuts Fail, Markets Pay for Underestimating US Shale

Crude oil prices have plummeted 20 percent since February, the most dramatic first-half slump since 1997, and inventory remains about 340 million barrels above the five […]
June 30, 2017

Workers Sense Skills Shortage in Industry

Oil and gas workers believe there is a skills shortage in the industry, according to a new report from Petroplan released Tuesday. Twenty-two percent of respondents […]
June 26, 2017

Wood Group Pens Deal Which Will ‘Improve the Worker’s Day’

Wood Group has signed an extension to its collaborative agreement with Canadian technology company Librestream Technologies to continue its digital solutions partnership. “Empowering workers with digital […]
June 26, 2017

What Are the Qualifications to Become a Welder?

As the American Welding Society observes, the demand for welders is growing. Do you think you have what it takes to become a welder? Welders work […]
June 20, 2017

Mexico Whets Foreign Oil, Gas Appetite: Awards 10 Shallow Water GOM Blocks

Mexico’s Gulf of Mexico shallow water auction June 19 awarded 10 of 15 blocks to the likes of Eni, Royal Dutch Shell and Total – suggesting […]
June 19, 2017

Industry to Benefit from Tech Talk Events

Industry Technology Facilitator (ITF) is launching a series of tech talk events to support and promote the developer community and increase interaction with oil and gas […]
June 19, 2017

Scottish Unemployment Figures Change Amid Growing Sector Confidence

Scotland’s unemployment fell to its lowest rate since the recession over the last quarter, amid growing oil and gas contractor confidence on the UK Continental Shelf. […]
June 15, 2017

BP’s Dudley Seen Reigning For Years To Restore Major’s Might

LONDON, June 15 (Reuters) – When BP boss Bob Dudley clinched a final deal to settle litigation over the deadly Deepwater Horizon disaster, many oil industry executives and […]
June 15, 2017

Op-Ed: $1 Trillion on the Line, and Saudi Aramco IPO Riddled with Risk

Around the world, investment bankers rub their hands together, giddy with visions of barrels full of cash accompanying Saudi Arabian Oil Co.’s initial public offering (IPO). […]