On 29 May 2026, Vantage Drilling International and Eldorado Drilling signed a merger agreement under which Eldorado will acquire Vantage, making it a wholly owned subsidiary. As part of the transaction, Vantage shareholders will receive $19 per share i…
Eldorado-Vantage Merger Signals Continued Offshore Drilling Consolidation Read More »
Outlook for Ebit flips from red to black
Maersk hikes profit forecast by more than $3bn Read More »
U.S. natural gas futures fell for a second straight session on Monday, as ample supplies kept pressure on the market despite forecasts for hotter weather in the coming weeks. On its first day as the front-month, gas futures for August delivery on the N…
US Natural Gas Prices Fall With Ample Supply Maintaining Pressure on Market Read More »
Oil prices gained more than 1% on Monday after attacks by the U.S. and Iran underscored the fragility of their interim peace deal, while cautious hopes of a continued recovery in energy shipping through the Strait of Hormuz limited gains.Iranian and U….
Oil Prices Rise After US, Iran Attacks and Amidst Hopes of Hormuz Shipping Recovery Read More »