Oil&Auto

The FINANCIAL -- HOUSTON – ConocoPhillips announced that it has entered into an agreement to sell a ConocoPhillips subsidiary to BP for an undisclosed price. The subsidiary will hold a 16.5 percent interest in the BP-operated Clair Field, with ConocoPhillips retaining a 7.5 percent interest in the field. The sale is subject to regulatory ...

The FINANCIAL -- The 147-metre Johan Sverdrup drilling platform has been a highly visible landmark in the Haugesund townscape for the last nine months. Today, 31 May, it’s good-bye. In the ...

The FINANCIAL -- In 2017 global energy demand grew by 2.2%, above its 10-year average of 1.7%. This above-trend growth was driven by stronger economic growth in the developed world and a slight ...

The FINANCIAL -- Rolls-Royce Marine has signed a contract with Thoma-Sea Marine Constructors, L.L.C. in Louisiana, USA, for the development of a state-of-the-art pelagic trawler. The 100 meter-long ...