Trump’s latest executive orders could be a detriment to oil

Oil-services giant Halliburton Co. told employees to stay put. An oil trade group is concerned by the proposed border tax. Another global oil company is reconsidering whether to place a crude trader in Houston. And universities that train energy workers across the country estimated that hundreds of students may be affected. More »

West African oil floods to Asia in latest sign of OPEC’s impact

West African oil producers will next month send the most crude to Asia in at least five years, the latest sign of how refineries in the world’s biggest demand region are scouring the world to replace supplies cut by OPEC’s Middle East producers. More »

Kalnin Ventures closes on second acquisition of Marcellus shale assets

Kalnin Ventures LLC today announced it has closed on its second acquisition of a non-operating portfolio in the northeast Marcellus shale play of Pennsylvania, on behalf of its investor Banpu Pcl. More »

Lloyd’s Register launches global subsea inspection service

Lloyd’s Register (LR) announced it has launched a subsea inspection services to support underwater inspections of subsea pipelines, assets and facilities to energy companies operating offshore. Services include project management, consultancy, personnel, quality control, data processing and data management, applicable to ROV, AUV and diver projects. The service will aim to provide operators with greater efficiency and improved confidence in the performance of their offshore and subsea operations. More »

Bibby Offshore extends charter agreement for Bibby Topaz

Bibby Offshore has announced the long-term extension to the charter of its dive-support vessel (DSV) Bibby Topaz, owned by Volstad Maritime. More »

Exxon misses estimates as $2-billion writedown erodes cash

More »