Thursday, September 20, 2018
OPEC must preserve working with different oil producers to handle world provides as demand for crude faces “headwinds,” the pinnacle of the group stated.The historic provide deal between Saudi Arabia, Russia and different producers reached in late 2016 must...
Oil big Shell is scrapping its unpopular rota which retains North Sea staff offshore for three-week stretches.It follows a overview of its offshore working mannequin, which the corporate mentioned was designed to "drive offshore productiveness".From spring 2019, round 800...
Two of the world’s greatest oil firms are stepping up shopping for and promoting of West African crude concurrently a brand new regional swaps market has emerged, as retailers search new methods to eke out income in a troublesome...
The U.S. Department of the Interior's Bureau of Land Management (BLM) has introduced a closing rule that revises the 2016 Waste Prevention Rule (also referred to as the Venting and Flaring Rule). The new rule, which included a 60-day...
Oil capped current positive aspects as worldwide provide considerations have been overshadowed by a looming demand drop.Futures superior as a lot as 1.1% in New York on Monday. Iranian exports of crude and a key byproduct plunged to a...
The U.S. warned Russia that it might comply with via on sanction threats over the development of a serious pure fuel pipeline to Germany.Asked if the U.S. would possibly impose punitive measures towards Nord Stream 2 and different initiatives,...
Royal Dutch Shell introduced on Monday plans to restrict leaks of methane, a potent greenhouse fuel, throughout its oil and fuel operations because it tries to sharply curb carbon emissions.Shell goals to keep up methane emissions under zero.2 p.c...
The rise in oil costs introduced concerning the restoration of Norway’s oil trade, with corporations lining up plans to put money into boosting oil manufacturing on the Norwegian Continental Shelf (NCS)—absolutely most welcome information for Western Europe’s largest oil...
Offshore strikes in Norway and the UK have made summer season 2018 a season of discontent for the trade. What are the manufacturing impacts of strikes similar to these in mature hydrocarbon areas, and the way can the trade...
Saudi Arabia is taking no probabilities with the longshot "NOPEC" invoice, hiring former Solicitor General Ted Olson as a lobbyist to marketing campaign in opposition to the act.The Saudi embassy contracted with Olson’s legislation agency, Gibson, Dunn & Crutcher...
- Advertisement -

RECENT POSTS