Sunday, May 11, 2025
Tenaris completes acquisition of IPSCO Tubulars from TMK - Will strengthen our Rig Direct® -oilandgas360

Tenaris completes acquisition of IPSCO Tubulars from TMK

Tenaris Together, we are uniquely positioned to serve the U.S. oil and gas industry, with an extensive geographic deployment throughout North America and an unmatched product range,” said Paolo Rocca, Chairman and CEO of Tenaris. Tenaris S.A. (NYSE, Mexico: TS and MTA Italy: TEN) announced today the completion of its previously announced acquisition of IPSCO Tubulars, Inc., a U.S. manufacturer of steel pipe, from

OPEC to maintain output quota as oil prices slide to $65 per barrel -oilandgas360

OPEC to maintain output quota as oil prices slide to $65 per barrel

Energy Mix Oil prices yesterday dropped lower than the week’s opening price, as Brent slipped to $64.63 and WTI, $58.80 while Nigeria’s Bonny Light was $67.58 as at 4.27pm GMT. The Organisation of the Petroleum Exporting Countries (OPEC), trimmed its crude oil production by 100,000 barrels daily (b/d) in December, the latest S&P Global Platts survey finds, putting the bloc