Nasdaq LONDON – Royal Dutch Shell RDSa.L said on Friday it had agreed to acquire BP’s BP.L 27.5% stake in the Shearwater North Sea gas field, raising its stake in the field to 55.5%. Shell, which operates the Shearwater hub, exercised its right of first refusal to the stake after BP agreed last month to sell its stake to Tailwind, a private
Reuters LONDON – Global oil consumption is set to return to pre-pandemic levels by the first quarter of 2022, driven by a strong expansion in global manufacturing and freight transport as well as the gradual re-opening of major economies. Booming consumption from miners, manufacturers, shipping and trucking firms, as well as private motorists, is expected to offset the continued loss
June 25, 2021 SBM Offshore is pleased to announce it has completed the project financin…
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DHT Holdings Inc. (NYSE:DHT) traded at a new 52-week high today of $6.84. Approximately 6…
Shares of Callon Petroleum Company (NYSE:CPE) traded at a new 52-week high today of $59.8…
Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had no increase over last week, resulting in a total count of 470 rigs. Canada had an increase of 9 over last week, resulting in a total Canadian count of 126 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Cana Woodford region
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