
Georgia to build $2.5-bln Black Sea port on China's Silk Road
Georgia on Monday announced plans to build a new deep-water Black Sea port in a $2.5-billion project that aims to boost trade between China and Europe along the historic Silk Road route. ... more
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North Dakota continues shedding rigs
Lower crude oil prices continued to pressure upstream operations in North Dakota as the state shed two rigs since last week, state data show. ... more
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Beijing company sets new thrust record in rocket engine test
China deploys Yaogan 45 satellite on Long March 7A rocket
The 10-Point Seasonal HVAC Checklist Every Homeowner Should Follow (and Why Each Item Matters)
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Rig contract cancelled for Transocean
Rig company Transocean said Monday its contract for the Discoverer Deep Seas rig in the Gulf of Mexico was canceled nine months early. ... more
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Mexican rig fire leaves three dead
Three rig workers died as a result of an accident at the Abkatun-A offshore drilling platform in the Gulf of Mexico, the state oil company in Mexico confirmed. ... more
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Oil falters on low prospect of output cuts
Crude oil prices moved lower in early Monday trading after OPEC members offered few signs of lowering production to alleviate the lingering glut. ... more
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Total gas moves in North Sea praised
A move by French energy company Total to start gas production from the North Sea is welcome news for an industry under pressure, Oil & Gas U.K. said Monday. ... more
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DNO, Genel paid for Kurdish oil exports
Two partners working in the Kurdish north of Iraq, DNO International and Genel Energy, said they received their regular payments for crude oil exports. ... more
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