Aker Bags Equinor Deal

Aker Solutions has won a framework agreement with Equinor (NYSE: EQNR) to provide maintenance and modifications services at the Peregrino field, offshore Brazil.

China to Take US Oil Refining Crown

America has been top of the refining pack since the start of the oil age in the mid-nineteenth century, but China will dethrone the U.S. as early as next year, according to the International Energy Agency.

Oil Up on US Vaccination Optimism

Oil pushed higher after closing at the strongest level since early September as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved the demand outlook.