Archives for 2016
Cobalt taps BHP Billiton exec for CEO role
HOUSTON — Deep-water oil producer Cobalt International Energy says it hired as chief executive the man who ran BHP Billiton’s U.S. oil business. BHP Billiton executive Tim Cutt left the Australian mining giant after several...
Click here 0 7,553
Market Currents: Chinese oil imports driven higher by ‘teapots’
One hundred and fifty-seven years after Big Ben was started, and the oil market is counting down the clock to an onslaught of economic data from the ringing in of a new month, as well...
Click here 0 7,270
Gasoline prices hit highest point of 2016 as demand spikes
Despite the recent spike, gasoline costs are still much lower than recent averages, including 40 cents cheaper per gallon than this time a year ago and $1.35 lower than in 2014. Source: FuelFix
Click here 0 7,195
Battered by crude rout, Norway now faces risk of oil strikes
The failure shows the width of the gap that will need to be bridged in state-backed mediation if Norway, western Europe’s biggest producer of oil and gas, is to avoid strikes that would deepen the...
Click here 0 7,316
BP turns to technology while job cuts grow
With the argument that technology is more important than ever when times are tough, BP is relying more on automation and data analytics to produce oil and gas with fewer people on the payroll. As...
Click here 0 6,049
