
Oil prices rise on US supply slowdown and bullish market sentiment
Oil prices have jumped again as cold weather causes US supply growth slowdown, in addition to an overall bullish market sentiment.
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Oil prices have jumped again as cold weather causes US supply growth slowdown, in addition to an overall bullish market sentiment.

The US$100 million announced under DOE’s Advanced Research Projects Agency-Energy programme aims to identify and help develop cutting-edge, innovative technologies needed to further reduce greenhouse gas emissions and tackle climate change.

Northern Solutions Alaska LLC will represent Tendeka in actively promoting sales, installation, and services of its completion products and technologies in the region.
Neil Bird will be responsible for the company's development and commercialisation of an alternative to traditional RSS tools.

The agreement provides LLOG access to Eni and Marubeni Oil & Gas (USA) LLC’s existing subsea infrastructure connected to the Williams-owned Devils Tower Spar in Mississippi Canyon 773 to optimise its development of the Taggart discovery.

Equinor is divesting its interests in the Bakken field to Grayson Mill Energy.

Sypris will provide specialty, high-pressure Tube Turns D-bolt closures that are rated up to 4885 psi for the Anchor Field development project in the Gulf of Mexico.

Hunting is providing convertible capital financing to support Well Data Labs' growth ambitions in the onshore technical well data analytics market.

Worldwide Facilities, a national wholesale insurance broker, has made Cudd Well Control its preferred well control provider to the global oil and gas industry.

Halliburton will maintain and expand digital solutions for Kuwait Oil Company's North Kuwait asset.

The company has reported a net annual loss of US$22.4 billion for 2020, on the write down and losses in oil production and refining, compared with a full-year profit of US$14.34 billion in 2019.

The Perfecta rock charge is designed to improve well stimulation and productivity, and prolong the lifespan of conventional wells.