US drillers added oil rigs for a 14th week in a row, extending an 11-month recovery. Source link

Israel's Delek Group says its offer to take over North Sea oil producer Ithaca Energy has been accepted by Ithaca's shareholders. Source link

Oil priceA bit of a tumble for crude yesterday which was mainly down to the EIA inventory stats. Whilst crude drew 1m barrels which was close enough to the whisper, it...

Boston gasoline cargoes felt downward pressure in Thursday morning trade due to an abundance of gasoline supplies, according to a New England based trade source. The trade source said that Boston...

zoom Rolls-Royce has been chosen by Norway-based Kvaerner to provide a mooring system for Statoil’s oil platform Njord A. Njord A is being upgraded by Kvaerner and Rolls-Royce has been chosen...