Maersk Urges Better Military Response to West Africa Piracy
The Gulf of Guinea accounted for 95% of hostages taken in 22 separate instances in 2020.
The Gulf of Guinea accounted for 95% of hostages taken in 22 separate instances in 2020.
Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
Oil slid by the most in three weeks as a stronger dollar and weak US economic data stoked concerns over an economic rebound.
The Trump administration blacklisted China's third-biggest oil company over its drilling in the South China Sea.
Oil declined from a 10-month high as the dollar strengthened, taking the steam out of a recent rally.
Oil rose to a new 10-month high in New York.
Equinor (NYSE: EQNR) has been selected to provide New York State with offshore wind power in what is being described as one of the largest renewable energy procurements in the U.S. to date.
Oil in New York was steady after a rally that pushed prices to the highest level in 10 months ran out of steam as a rise in U.S. fuel stockpiles added to concern over a shaky demand outlook.
Oil's red-hot rally took a breather as a stronger dollar and rising refined products supplies offset shrinking US crude inventories.
The U.S. Energy Information Administration has raised its Brent spot average and West Texas Intermediate spot average prices for 2021.