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Brent Oil - Enpro Subsea enables safe removal of ‘attic’ oil from Brent Bravo’s concrete cells
Brent Bravo concrete structure was completed with no safety incidents, ahead of schedule and within budget. Enpro’s patented technology enabled the safe access and removal of ‘attic’ oil from concrete ...
Oil slips, dollar sends gold lower
Oil markets were long and wrong Oil markets fell to earth overnight, with both Brent crude and WTI suffering heavy losses after the official US crude inventory data. Although crude inventories fell as ...
Oil struggles to recover after U.S. gasoline stocks build
Oil prices ticked up on Thursday but struggled to fully recover from the previous session's losses when a build in U.S. gasoline inventories signalled a deteriorating outlook for fuel demand as ...
Oil Holds After Falling on Surprise Stockpile Gain
Oil held near 40 a barrel in New York after slumping on a surprise jump in U.S. gasoline stockpiles and slowing demand.
End of an era approaches as peak oil demand dries up
The oil industry was hit hard by a collapse in demand triggered by Covid-19, as drivers, commuters and holidaymakers around the world stayed at home. Partly as a consequence, the ...