Finance

Oceaneering International, Inc. (NYSE: OII) reports record earnings for the third quarter ended September 30, 2014. On revenue of $973.1 million, Oceaneering generated net income ...

Platts – U.S. oil prices would have to fall another 20% or so before one of the leading American shale oil producers, Continental Resources, would ...

States and International Oil Companies (IOCs) are banking on the Arctic as a major source of future oil and gas production, but the high costs ...

NYC-based PIRA Energy Group believes that cyclical strengthening is currently underway in the global economy with the U.S. in a better position to support global ...

NYC-based PIRA Energy Group believes that falling crude prices and the resulting pressure on margins seen by producers may directionally provide less headroom for regulators ...

Singapore has traditionally been regarded as the clear leader in the construction of jack-up rigs, accounting for 55% of global deliveries between 2000 & 2010. ...

The Khurais and Manifa projects in Saudi Arabia have the most recoverable reserves among the world’s top 100 upstream developments, with approximately 19.4 billion barrels ...

NYC-based PIRA Energy Group reports that PIRA’s restructured U.S. gasoline balances provide greater clarity and insight. In the U.S., large crude stock build, small product ...

Deals decrease as operators wait for clarity over the future of the UKCS Oil and gas operators may be sitting on new investment decisions until ...

NYC-based PIRA Energy Group reports that midcontinent differentials strengthen. In the U.S., first large stock decline since early August. In Japan, crude runs decline with ...

Since the first successful oil well was drilled by Shell-BP in 1956 at Oloibiri, Nigeria has acclaimed the status of Africa’s largest oil producer and ...