By hellenicshippingnews.. From Exxon Mobil Corp. to Total SA, the world's largest listed oil companies have sent a message to skeptical investors and rivals at OPEC: we can get by in a world of $50 a barrel crude. Big Oil generated a gusher of cash in the first quarter. The surge shows how a mix […]

Read full story › Source:: FT.com Oil and Gas       

WTI oil prices plunged to almost $45 per barrel yesterday (Figure 1). That was a downward adjustmen ... Read full story › Source:: Oil Voice       

By hellenicshippingnews.. The oil industry's top equipment and services suppliers this week are hawking vastly cheaper ways of designing and equipping subsea wells, aiming to slash the cost of offshore projects to compete with the faster-moving shale industry. At the Offshore Technology Conference, the industry's annual gathering of floating rig and subsea well suppliers, sales […]