Wednesday, December 9, 2020
National Oil Corporation (NOC) and Eni announce that Mellitah Oil & Gas, Eni and NOC three way partnership firm (50/50), has began manufacturing from the primary nicely of the offshore Bahr Essalam Phase 2 venture. This comes simply three...
North Sea oil employees are to stage a collection of strikes in a dispute over pay and dealing time.Members of Unite engaged on the Alwyn, Dunbar and Elgin oil and fuel platforms operated by Total E&P will stroll out...
Oil traders could remorse urging firms to cough up money now as an alternative of investing in progress for later because the dearth of exploration is setting the stage for an unprecedented crude value spike, in accordance with Sanford...
Tehran is threatening to dam the Strait of Hormuz, a vital artery for oil shipments from the Middle East, if Iranian exports are hampered. This will lead to an enormous lack of world crude provide and hovering costs.Most of...
The Islamic Republic’s OPEC governor, Hossein Kazempour Ardebili, mentioned tweets by Iran’s nemesis within the White House are backfiring, by sending costs increased, and undermining U.S. allies.“Your tweets have pushed the costs up by at the very least $10/bbl,”...
Lundin Petroleum AB has introduced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has efficiently accomplished the PDO improvement drilling program at its operated Edvard Grieg subject on the Utsira High, within the Norwegian North Sea. A...
Mexico’s new authorities will most likely proceed hedging the nation’s oil output in what's the world’s largest annual oil deal, in accordance with an financial adviser to president-elect Andres Manuel Lopez Obrador.The nation’s annual sovereign oil hedge and that...
Seven climbers have rappelled from Vancouver’s Ironworkers Memorial Bridge and are blocking the trail of a tar sands oil tanker, Serene Sea, at present docked at Kinder Morgan’s Trans Mountain pipeline terminal. The tanker was scheduled to depart port...
Piper Alpha was an oil manufacturing platform within the North Sea operated by Occidental Petroleum (Caledonia) Limited. It started manufacturing in 1976, however on July 6, 1988 it was the positioning of the world's most deadly offshore catastrophe.An explosion...
FRENCH oil and fuel firm Total SA, is facilitating the completion of the Engie Liquefied Natural Gas (LNG) acquisition, a deal that can give it 10 per cent of the world’s LNG market, from current six per cent.On completion...
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