

Stocks in the oil producing and oil services sectors were hit by renewed selling pressure on Wednesday as crude prices dropped to fresh five-year lows...


Oil services group Lamprell is off-loading a non-core Middle East service business for $3m. Lamprell is selling Litwin PEL, an engineering and contrac...


Oil-related stocks were continuing to feel the impact from a recent plunge in crude prices on Friday, though companies in the energy-services sector w...


A profit warning from blue-chip oilfield services group Petrofac rattled the oil services, equipment and distribution sector in London on Monday, with...


** More shorts could be squeezed out as M&A buzz around OFS cos hots up ** Some short covering has already been at work since announcement of Hallibur...


Nov 12 (Reuters) - British rig maker Lamprell Plc received a new contract worth about $365 million from Abu Dhabi's National Drilling Co for two jack...