Tuesday, February 20, 2018
PetroNeft, an E&P firm working within the Tomsk Oblast, Russian Federation, and 50% proprietor and operator of Licences 61 and 67, has supplied an replace on the S-375s delineation nicely at Sibkrayevskoye oil subject.Highlights:Testing of the S-375s nicely...
Brent crude closed at a 27-month excessive on Thursday because the market centered extra on feedback from Saudi Arabia about ending a worldwide provide glut as a substitute of an sudden improve in U.S. crude inventories and excessive...
Norway’s central financial institution determined to maintain its benchmark price unchanged at a file low to help an financial restoration because the nation exits the worst downturn in its oil trade in a technology.The central financial institution left...
The world’s prime power corporations will compete fiercely for deepwater oilfields Brazil will public sale on Friday and all eight pre-salt blocks are prone to be awarded, based on the pinnacle of state-run oil big Petroleo Brasileiro SA....
U.S. refineries from Ohio to Minnesota are capitalizing on entry to low cost crude from Western Canada and North Dakota oilfields, serving to their area break a historic dependence on gasoline from the Gulf Coast whereas redrawing oil...
Texas, dwelling to 2 of the nation’s busiest oilfields, now has a brand new means for the general public to trace in actual time what number of earthquakes are rattling the Lone Star State because the expanded use...
Hedge funds are discovering betting on West Texas Intermediate crude extra enticing once more, with whole positioning on the U.S. benchmark growing to the best in virtually a yr. The surge comes as oil costs have held regular...
As OPEC negotiates the extension of its oil manufacturing cuts till the tip of 2018, it’s additionally quietly began engaged on an exit technique in an effort to reassure traders it received’t flood the market as soon as...
The ethics watchdog for Norway’s $1 trillion sovereign wealth fund is reviewing allegations that U.S. pipeline operator Energy Transfer Partners could breach the fund’s funding tips.The Norwegian fund held $248 million of ETP company bonds on the finish...
Shell has submitted plans to develop the Fram fuel and fuel condensate area within the UK North Sea as a subsea tieback to the Shearwater platform. The venture, in Blocks 29/3a, 29/4c, 29/8a, 29/9c within the Central North...
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