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Oil production in the US is still in business but it has taken a hit. And while we as consumers benefit from falling prices at the gas pump, unless you live in an area where oil is a major employer, it’s not so easy to see the impact of price drops on employment.
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Traders flee U.S. oil as contract price plunges to negative $40 a barrel Buyers aren't willing to take delivery of oil; there is no place to put it
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OEE (Overall Equipment Effectiveness) is a “best practices” metric that identifies the percentage of planned production time that is truly productive. An OEE score of 100% represents perfect production: manufacturing only good parts, as fast as possible, with no downtime. As a benchmark it can be used to compare the performance of a given
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European shares rise as Italy eyes looser restrictions
European stocks finished the day comfortably in the green as Italy announced plans to gradually lift its lockdown US oil prices slipped more than 10pc despite production cuts The pound rose as
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Find new clients with Offshore Energy Today! Advertise with us! → Northern Endeavour FPSO to be kept in 'lighthouse mode' Australian government has hired Upstream Production Solutions to operate the Northern Endeavour FPSO following an February 17, 2024 read more → Transocean's contract backlog tops $10 billion.
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