OTC Asia 2026

America

      Brent crude oil steadies at $99 on hopes of OPEC output cut

      The price of Brent crude oil has steadied at $99 per barrel on Wednesday on expectations that the Organization of the Petroleum Exporting Countries...

      Oil trades below $98, recovering from two-year low

      The price of Brent crude traded at just below $98 a barrel on Tuesday, recovering from its decline to a two-year low; however, the...

      Brent declines below $97 on weak Chinese economic data

      The price of Brent crude oil traded below $97 per barrel on Monday amid weak Chinese economic data.   Reuters reported that October Brent...

      Shell starts oil production from Cardamom field in Gulf of Mexico

      Shell has started oil production from its Cardamom subsea development in the deepwater Gulf of Mexico.   Located in Garden Banks Block 427,...

      Statoil to shut down Huldra platform production in North Sea

        Norwegian oil and gas firm Statoil has decided to permanently shut down its Huldra platform in the North Sea following nearly 13...

      Technip wins contract to develop Kodiak field in Gulf of Mexico

      French engineering and construction firm Technip has secured a contract from Deep Gulf Energy II to develop the Kodiak field in the Gulf of...

      Technip wins EPIC contract for Juniper offshore gas project in Trinidad

      BP Trinidad and Tobago (BPTT) has awarded an engineering, procurement, installation and construction (EPIC) contract to Technip for the development of its Juniper offshore...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

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