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Saudi Aramco has signed 66 Memoranda of Understanding and strategic and commercial collaborations worth more than $21 billion.
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Royal Dutch Shell is pushing ahead on its massive deepwater drilling plan in Mexico.
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Triangle Energy has confirmed that production at the Cliff Head Alpha Platform has been suspended as a result of an electrical fault.
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The U.S. Bureau of Safety and Environmental Enforcement has revealed that its BSEE!Safe text notification service now has over 5,300 subscribers.
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Oil extended losses below $50 a barrel after plummeting more than six percent over the previous two sessions on fears the fast-spreading coronavirus will take a major toll on global economic growth.
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The American Chemistry Council reported Tuesday that one of its economic indicators suggests a growth trend for the broader US economy for much of this year.
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A slump in spot prices and abundant production have created opportunities for cheaper supply.
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The slump in prices comes as the OPEC and allied producers prepare to meet in Vienna next week.
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However, four of its five operating segments recorded sequential improvements in operating results.
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Indonesian state-owned oil and gas company Pertamina has awarded Halliburton Co. a multiyear digital transformation contract, Halliburton reported late Monday.
