Finance

Aberdeen head-quartered Ashtead Technology has announced a 23% rise in turnover and almost 40% increase in profits for the year ended April 2014. The subsea ...

With oil prices having fallen more than 50% in less than six months, the OPEC group’s reluctance to cut production in order to stabilize prices ...

NYC-based PIRA Energy Group believes that low oil prices and cheap money will lead to stronger global economic growth and much stronger oil demand. In ...

The recent oil price downturn is expected to have a significant impact on the global land rig market in 2015, as operators announce planned cuts ...

NYC-based PIRA Energy Group reports that the outlook for 2014 global oil demand growth was revised down significantly. In the U.S., stocks built this past ...

In their January Oil Monthly Report, the IEA noted “A price recovery – barring any major disruption – may not be imminent, but signs are ...

With Mexican oil open to private investment for the first time, the country’s initial bidding round is expected to remain competitive despite low oil prices, ...

the past 12 years, Quest Offshore’s consulting division has been commissioned by leading energy companies, industrial conglomerates, tier one OEMs, the finance industry and other ...

NYC-based PIRA Energy Group reports that federal activity to regulate fracking has picked up in December and so far in 2015. In the U.S., record ...

Companies in the deepwater drilling market have lost more than half of their value over the last year; Transocean, Seadrill, ENSCO and Diamond are currently ...

Cal Dive International, Inc. (OTCMRKTS: CDVI) is a marine contractor that provides manned diving, pipelay and pipe burial, platform installation and platform salvage services to ...

NYC-based PIRA Energy Group reports that Cushing crude stocks build on tight LLS-WTI spread. In the U.S., there was a rare December stock build. In ...