By Jill R. Shah on 6/17/2021 click to enlarge (Bloomberg) –Oil slumped as a rising dollar pushed financial investors, who had piled into commodities to guard against inflation, toward […]
News wire — Africa-focused Tullow Oil said on Wednesday it was increasing the volume of oil it protects with hedging to 75% of the company’s output for the next two years, with plans for a […]
6/17/2021 Terra Nova FPSO CALGARY – Suncor advised that the co-owners of the Terra Nova FPSO facility and associated Terra Nova Field have reached an agreement in principle […]
By Javier Blas on 6/16/2021 Saudi energy minister Abdulaziz bin Salman (Bloomberg) –A new supercycle in global oil prices could be triggered by a lack of new investments in […]
New York — Oil prices rose on Wednesday for a fifth day, climbing toward $75 a barrel as U.S. refiners drew more crude inventories to ramp up activity and meet recovering demand. Crude inventories fell […]
Lagos — Seven people have been reported dead in a tanker explosion in Nigeria’s south western border town of Idiroko in Ogun State. The explosion occurred after a commercial bus collided with a petrol tanker […]
Milan — Italy’s justice ministry ordered an inquiry on Tuesday into the conduct of two prosecutors in a corruption case involving energy groups Eni and Shell in Nigeria. Milan prosecutors Fabio De Pasquale and Sergio […]
By Allison McNeely on 6/15/2021 Transocean Enabler semisubmersible (Bloomberg) –Transocean Ltd. is planning to raise cash and cut debt by selling new shares, taking advantage of a surge in […]
Port Harcourt — The Shell Petroleum Development Company of Nigeria Limited, SPDC, recorded 51 oil spills from its oil production activities in the Niger Delta this year.. Data obtained from the company shows that 44 of these […]
6/14/2021 National Ocean Industries Association President Erik Milito WASHINGTON, D.C. – National Ocean Industries Association President Erik Milito issued the following statement after NOIA submitted comments to the U.S. […]
Copyright © 2020 | MyPetroCareer.com