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.
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HAL Electric Frac First and More
Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...
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Oil Prices Slide Again
Oil slid by the most in three weeks as a stronger dollar and weak US economic data stoked concerns over an economic rebound.
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US Targets CNOOC in Late Anti-China Push
The Trump administration blacklisted China's third-biggest oil company over its drilling in the South China Sea.
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Oil Retreats as Stronger Dollar Dents Rally
Oil declined from a 10-month high as the dollar strengthened, taking the steam out of a recent rally.
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Oil Futures Gain Amid $2T Stimulus Hopes
Oil rose to a new 10-month high in New York.
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Equinor Bags Largest Ever US Offshore Wind Award
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.
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Oil Pauses as Rising Fuel Supplies Threaten Rally
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.
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Oil Prices Falter Amid Fuel Build
Oil's red-hot rally took a breather as a stronger dollar and rising refined products supplies offset shrinking US crude inventories.
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EIA Raises 2021 Oil Price Forecasts
The U.S. Energy Information Administration has raised its Brent spot average and West Texas Intermediate spot average prices for 2021.