Archives for February 2017
Transocean, Atwood cut 200 offshore Gulf jobs
Transocean and Atwood Oceanics eliminated about 200 combined jobs for offshore energy workers in the Gulf of Mexico as drilling rigs are either relocated or put out of work. Switzerland-based Transocean, which operates out of...
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Oil & gas, a Super Bowl party, and a 12-foot-tall meat smoker
Super Bowl Live, the public party on downtown Houston’s Discovery Green, was crammed full of science and technology exhibits over the weekend: A virtual reality game from Royal Dutch Shell. A tower drop ride by...
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Market Currents: OPEC oil exports dropping to U.S.
Rather than rallying like Tom Brady and the New England Patriots, oil today is instead dropping faster than Lady Gaga’s mic, ushered lower by a stronger dollar and ongoing expectations of an amply-supplied market. Hark,...
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Energy CEOs speak their mind, laud ‘Trump euphoria’
Energy executives, after avoiding presidential politics for months, have finally begun speaking out on the nascent administration of President Donald Trump. During earnings calls over the past few weeks, several have applauded moves to strip...
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OPEC meets 91 percent of promised output cuts in January
OPEC slashed oil production last month by nearly as much as it promised in November, when the cartel struck its first deal to curb global supply in eight years, an S&P Global Platts survey released...
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