Offshore - Oil & Gas

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Tatweer board reviews achievements

Tatweer Petroleum’s oil production achievements this year were reviewed during the company’s board of directors and management committee meetings chaired by Bahrain’s Energy Minister Dr Abdulhussain Mirza.

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U.S. shale oil producers pummeled after OPEC decision

Fears low oil prices will persist for years sent shares of U.S. crude producers tumbling Friday after OPEC failed to agree on a unified output cap, effectively letting its 13 members pump at will under a policy aimed in part at squeezing out U.S. rivals.

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