Oil futures rose Thursday after US Energy Information Administration data showed an unexpected draw in crude stocks last week, lifting NYMEX April crude $1.09 to $62.77/b.Crude stocks fell 1.616 million barrels to 420.479...

zoom Nautilus Minerals has appointed Wayne Knott to the role of chief operating officer (COO), effective March 19, 2018. Knott is a metallurgist with over 30 years of mining industry experience,...

zoom Schlumberger has received an engineering and supply contract from Noble Energy for a two-thousand-ton single-lift process module to be installed on the Leviathan Platform in the Eastern Mediterranean. The scope...

Dutch deep-sea energy prospector Fugro expects revenue to stabilise in 2018 as a result of the steadying oil and gas market. Source link

zoom Tullow Oil and partner Eco Atlantic have identified leads on the Orinduik block offshore Guyana with the potential to contain more than one billion barrels of oil equivalent. Tullow is...

Source: U.S. Energy Information Administration, based on Strategic Petroleum ReserveNote: Volumes sold in fiscal years 2017 through 2020 under the Bipartisan Budget Act of 2015 Section 404 are estimates based on...