Economics/Statistics
News
November 26, 2019
One of the world’s sludgiest crudes is getting a curious price boost just weeks before the introduction of ship-fuel rules that were expected to sap demand for heavier oil.
News
November 25, 2019
Indonesian President Joko Widodo ordered an overhaul of the management of state-owned oil giant PT Pertamina, as the former OPEC member seeks to reduce crude oil imports to rein in the current-account deficit.
News
November 25, 2019
Gunvor Group Ltd. agreed to double the maximum amount of liquefied natural gas it plans to buy from a $4 billion export project in Louisiana and said it will recruit additional customers for the terminal.
News
November 25, 2019
Marine & Offshore has been awarded a three year Enterprise Frame Agreement with Shell Tunisia Upstream Ltd to provide asset integrity management support services.
News
November 25, 2019
Ardyne has enhanced its relationship with Equinor through a frame agreement for fishing services covering all of the operator’s assets on the Norwegian Continental Shelf.
News
November 25, 2019
Oil steadied near $58/bbl as China made a concession that could help resolve trade tensions with the U.S. that have weighed on the global economy and fuel demand.
News
November 25, 2019
Qatar, the world’s biggest supplier of liquefied natural gas, plans to boost output capacity by almost two thirds after it adds production facilities to exploit recently discovered reserves.
News
November 22, 2019
Canada’s oil patch will start feeling the full force of Canadian National Railway Co.’s worker strike by as early as Sunday, with two crude-by-rail terminal operators unable to receive any more oil deliveries.
News
November 22, 2019
Algeria’s natural gas pipeline exports to Europe are getting squeezed by cheaper Russian supplies and a global abundance of the liquefied form of the fuel.
News
November 22, 2019
Banks have begun trimming back the credit lines of America’s shale producers, further undercutting a beleaguered industry that’s been struggling to rebuild investor confidence.
News
November 22, 2019
By combining these businesses, SPL will provide customers with expanded laboratory testing, inspection, and measurement capabilities, enhanced by cloud-based digital compliance solutions, to help them make more accurate real-time decisions.
News
November 21, 2019
Four liquefied natural gas export projects were cleared by the top U.S. energy regulator in a single day as a global supply glut casts doubt on whether they all will actually be built.
News
November 21, 2019
Under the terms of a 10-year partnership agreement, ADNOC will utilize Honeywell’s state-of-the-art asset monitoring and predictive analytics platform to maximize asset efficiency and integrity across ADNOC’s upstream and downstream operations.
News
November 21, 2019
This is the fourth large moorings project Maersk Supply Service is delivering following its announcement to expand, adding project management and engineering on top of its in-house fleet of more than 40 vessels.
News
November 21, 2019
OPEC may have no appetite to cut oil production deeper when it meets next month, but flaring political crises across the group are once again threatening supply.
News
November 20, 2019
Total investment in Ohio’s resource rich shale energy sector has reached $78 billion since tracking began in 2011, according to a Cleveland State University (CSU) study.
News
November 20, 2019
The price of Canadian heavy crude weakened Tuesday as a worker strike at the nation’s largest railway curbed oil shipments, exacerbating a supply glut that’s crippled Canada’s oil industry.
News
November 20, 2019
Honoring the global energy industry's most successful firms, projects and innovations, Petroleum Economist has announced the winners of its 2019 Petroleum Economist Awards in 10 categories. Additionally, five awards were given to outstanding individuals for their industry contributions.
News
November 20, 2019
The bolt-on acquisition is in line with Petrofac's stated strategy to position its Engineering & Production Services for growth by diversifying into new markets and geographies.
News
November 20, 2019
The new Digital Partner Program streamlines industrial IoT implementations by connecting customers to digital expertise and solutions from market leaders.
News
November 20, 2019
The oil major’s credit metrics will probably weaken over the next few years as it pursues a rebuild of its upstream portfolio, as well as new chemical facilities and refinery upgrades, Moody’s said in a statement Tuesday.
