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Oil oscillated between gains and losses as an uncertain economic outlook overshadowed signals of a tighter crude market with Iraq pledging to make extra output cuts this month.
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BP has gone further than any oil company but there are areas of concern.
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Exxon Mobil Corp. warned that low energy prices may wipe as much as one-fifth of its oil and natural gas reserves off the books.
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CGG has entered into a sale and purchase agreement with Xcalibur Group for the sale of its multi-physics business.
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Industry body Oil & Gas UK has partnered with Skills Development Scotland to signpost support for oil and gas workers impacted by redundancy.
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NOPSEMA has accepted an Offshore Project Proposal from Shell Australia to develop the Crux gas field in the Browse Basin.
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Oil extended gains after closing near a five-month high in New York on Wednesday.
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2020 president hopeful Joe Biden unveiled his clean energy plan in July.
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The Dakota Access oil pipeline again staved off what would have been an unprecedented shutdown.
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A government report showed a decline in US crude inventories yet an increase in refined product supplies.
