Russia calls for tighter compliance with oil output cuts
MOSCOW (AP) — Major oil producers need to show greater discipline in sticking to output cuts aimed at raising the price of crude,...
Schlumberger buys Eurasia Drilling stake
es MOSCOW, July 21 (Reuters) - U.S. oilfield services giant Schlumberger NV has agreed to buy a 51 percent stake in Russian peer Eurasia...
Leonardo to supply helicopter for Russian oil & gas operations
Italian aerospace player Leonardo will provide an AW189 super medium helicopter to Aviashelf to perform transport operations from...
Brent and WTI crude oil prices expected to average about $50 per barrel through 2018
EIA now forecasts Brent crude oil spot prices to average $51 per barrel (b) in 2017 and $52/b in 2018. West Texas Intermediate (WTI)...
Wasco starts coating Nord Stream 2 pipes in Germany
After starting the concrete coating work on the North Stream 2 pipes in Finland, Wasco Coatings has now begun concrete weight coating...
Lukoil’s Vladimir Filanovsky reaches 3 million tonnes of oil produced
Lukoil, Russia’s largest privately-held oil company, has reached a milestone of three million tonnes of oil produced at the Vladimir...