Category: Oil News

Transocean Ltd. Announces Agreement to Acquire Ocean Rig

Posted on September 5, 2018 by tradequipintl

Enhances Transocean’s position as the leader in ultra-deepwater and harsh environment drilling; Adds nine high-specification ultra-deepwater drillships, two harsh environment

BP Considers Sale Of Oil, Gas Assets After BHP Acquisition

Posted on August 28, 2018 by tradequipintl

BP is considering the offloading of some older oil and gas production assets after it bought the shale business of

Oil Slips 3 Cents, Settling at $67.83, as Trade Dispute Offsets US Stockpile Drop

Posted on August 24, 2018 by tradequipintl

Oil prices slip after Wednesday’s surge, as the trade dispute between the United States and China deepens. The United States

Tiger Capital Group Provides Capital Infusion to Commander Oilfield Services

Posted on August 21, 2018August 21, 2018 by tradequipintl

Tiger Capital Group announced that it has provided Commander Oilfield Services, LLC (“Commander”) with a $5 million capital infusion that allows the company

Can China Afford To Slap Tariffs On U.S. Oil?

Posted on August 15, 2018August 15, 2018 by tradequipintl

Chinese refiners and the U.S. oil industry welcomed a decision by Beijing last week to exclude crude oil exports from

The Oil And Gas Boom Sends U.S. GDP Soaring

Posted on July 31, 2018 by tradequipintl

Higher oil prices this year boosted U.S. oil production, and the U.S. oil industry played a large part in America’s

Maersk Drilling Secures Two Contract Extensions in the North Sea

Posted on July 25, 2018July 25, 2018 by tradequipintl

Maersk Drilling has been awarded contract extensions for the high-efficiency jack-up rigs Maersk Resolute and Maersk Resolve by Petrogas E&P

Petron to Expand Its Limay Refinery with Technologies from Honeywell

Posted on July 24, 2018 by tradequipintl

Upgrades will increase production of motor fuels and aromatics in the Philippines DES PLAINES, Ill., – Honeywell (NYSE: HON) announced today that Petron

Talos Energy Announces Early Production Start Of Mt. Providence Well Near The Top Of Production Guidance Range

Posted on July 19, 2018 by tradequipintl

Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced that the Mt. Providence well began producing on July

Titan Launches Oil & Gas Production Equipment Business

Posted on July 11, 2018 by tradequipintl

HOUSTON–(BUSINESS WIRE)–Titan Production Equipment has officially opened for business, completing its acquisition of Exterran Corporation’s North American production equipment