News
- Home
- News
Spooltech News
Industry Trends
Oil Rally Continues as US Inflation Cools
Growing confidence in China’s recovery and mounting evidence of cooling US inflation buoyed crude prices for a sixth day.
Gasoline and Diesel Prices Expected to Fall
Gasoline and diesel prices will fall in 2023 and 2024, according to the EIA.
TechnipFMC Wins Dvalin North Subsea Deal From Wintershall Dea
TechnipFMC has been awarded a significant EPCI contract by oil and gas company Wintershall Dea for its Dvalin North project.
Public Shale Drillers Best Private Rivals in Race to Deploy Rigs
Publicly traded oil explorers have taken the lead in expanding shale drilling.
Five Major Energy And Resources Trends To Look Out For In 2023
The year ahead carries many trends that should be closely watched and Wood Mackenzie has listed the 5 most important ones for energy and natural resources.
Analysts Flag Short Term Oil Price Upside
There is now short-term upside of $5-10 per barrel in the oil price.
US Oilfield Services Jobs Top 650,000, Nearing Pre-Pandemic Levels
Employment in the U.S. oilfield services and equipment sector rose by an estimated 4,677 jobs to 650,587 in December, according to the Bureau of Labor Statistics.
Oil Edges Up Amid Broader Risk On Sentiment
Oil crept higher as broader risk-on sentiment helped traders overlook fears of tighter monetary policy from the Federal Reserve.
Neptune Brings Online Romerberg 6 Well In Germany
Neptune Energy has started producing oil at its Romerberg 6 well in Speyer, southwestern Germany.
-
Oil Rises on Weaker US Dollar
Oil erased earlier losses to top $83 a barrel as a weaker dollar boosted commodities priced in the currency.
-
BOEM, BSEE Finalize Rules for USA Offshore Wind
The final rule 'increases certainty and reduces the costs associated with the deployment of offshore wind projects'.
-
Avangrid Posts Higher Q1 Profit
Avangrid posted $351 million in net income.
-
Canada Gas Firm Bags Venezuela Contracts but Stumbles on US Sanctions
LNG Energy Group said it intends to comply with the reimposition of U.S. sanctions against Venezuela.
-
Texas LNG Inks 2nd HOA with EQT
The second HOA is for natural gas liquefaction services for an additional 1.5 million tons per annum.