News
Market Currents: Saudi, UAE increasing product exports
It is quadruple witching day in the markets today, and accordingly, oil prices are scared stiff, hardly budging. Despite it being St. Patrick’s Day, prices are struggling to stay in the green, as market participants...
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Spanish company wins bid to build offshore wind farm near North Carolina
The U.S.-based subsidiary of a Spanish utility company has offered $9 million in a bid to develop an offshore wind farm off the coast of Kitty Hawk, North Carolina. The company, Avangrid Renewables, bid for rights...
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Drillers, service firms could launch surge of IPOs this year
Oil companies could kick off a series of initial public offerings this year as the U.S. shale industry gains purchase on Wall Street again. Credit Suisse believes around 30 privately held drillers, oil field service...
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Market Currents: Oil wobbles on OPEC scrutiny
Oil has got the wobbles after yesterday’s rally, giving up gains as the dollar bounces from its lows. As OPEC compliance comes under scrutiny once more, hark, here are five things to consider in oil...
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Is the boom back? Drillers to spend $25 billion more in 2017
Oil and gas companies are loosening their purse strings and preparing to pump more oil and gas. Producers expect to spend $25 billion more this year on capital projects than they did last, an increase...
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