DSME gets $50 mn from clients to dismantle canceled order for offshore structure

South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (DSME) reached out-of-court settlement with its...

Shale Drilling Is on a Roll as OPEC Cuts Keep Oil Above $50

Shale wildcatters pushed ahead on the biggest surge in U.S. oil drilling since 2012 as the explorers take advantage of prices above $50 for more than two months.