Crude Prices Drop Below $65 for the First Time in 3 Months
Oil dropped over 5% as the Fed signaled a quicker move towards tighter monetary policy.
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Shell Won't Abandon Green Transition in Face of High Oil Prices
Shell is adhering to its energy transition strategy.
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Saipem Signs New Deal Worth Around $750MM
Saipem's latest deal is one of multiple several hundred million dollar contracts announced in November.
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Gazprom Reports Record 3Q Profit
Net income rose to 581.8 billion rubles ($7.8 billion) compared with a net loss a year ago.
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New Gas Discovery Offshore Malaysia
PTTEP commenced the drilling of Nangka-1 in June.
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BP Loads Out 1,000th Crude Oil Tanker From Black Sea Terminal
The BP-operated Western Route Export Pipeline has loaded out the 1,000th tanker at the Supsa terminal on the Black Sea.
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Flooded BC Extends Fuel Rationing Ahead of Storm
Parts of British Columbia are still struggling with damage from floods and landslides that closed highways and railways two weeks ago.
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Seadrill Gets More US Gulf Of Mexico Work
Seadrill has won more work for its rigs in the U.S. Gulf of Mexico which added to the $0.5 billion in backlog won after the end of the third quarter of 2021.
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Equinor Exits Ireland Following $434M Corrib Sale
Equinor has stopped having a business presence in Ireland following a decision to sell its non-operated equity position in the Corrib offshore gas project to Vermillion Energy.
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What Can We Expect From OPEC+?
OPEC+ is scheduled to meet in the coming days.