
Weatherford: The worst is over for the oil sector
Mirroring sentiments expressed by its peers, oilfield services company Weatherford said the market, particularly in North America, has bottomed out. ... more
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Fire-damaged Canadian municipality lent a hand
The municipality of Wood Buffalo said it was getting a support package from the provincial government of Alberta two months after fires shut in oil production. ... more
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Rover discovers more building blocks of life on Mars
Blue Origin probing rocket's failure to deliver satellite
CACI Wins 231 Million Dollar Task Order for Tactical Satellite Communications to US Special Operations Command
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Statoil pays $2.5 billion to move deeper into Brazil
After a dismal earnings report, Norwegian energy company Statoil said it secured a stake in an oil basin off the coast of Brazil from the nation's oil company. ... more
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European gas pipeline group defends record
A report calling for European scrutiny over a pipeline slated to run through southern Europe is riddled with inaccuracies, a gas pipeline consortium said. ... more
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Oil prices lower on U.S. GDP figures
A low estimate of U.S. gross domestic product and steep losses from some of the world's biggest energy companies sent crude oil prices down early Friday. ... more
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Airbus DS launches satellite tasking service for oil, gas and mining users
Airbus Defence and Space launched its latest development in satellite imagery acquisition and distribution, One Tasking. Representing a major step change, One Tasking offers customers working in oil ... more
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DNO makes offer for Kurdish rival, Gulf Keystone
DNO, a Norwegian oil and gas company with strong Iraqi assets, said Friday it made a $300 million bid for Gulf Keystone Petroleum, which is restructuring debt. ... more
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