RIG COUNT: Oil and natural gas rig count drops by 7 to 868 June 8, 2015 // 3 Comments HOUSTON – Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the [...]
Opec unlikely to lose oil influence to US shale June 8, 2015 // 2 Comments Opec’s announcement that it is keeping crude output levels unchanged again, despite a collapse in oil prices, reflects [...]
Global Offshore Rig Construction Market Outlook to 2018 June 5, 2015 // 2 Comments The report titled “Global Offshore Rig Construction Market Outlook to 2018 – Rising Energy Demand & [...]
Shell responds to state’s oil rig concerns, might avoid city fines June 4, 2015 // 4 Comments SEATTLE — Shell sent a response Monday to the Washington State Department of Natural Resources, which raised concerns [...]
Total Petrochemicals chooses PA as site for new ethane cracker June 4, 2015 // 1 Comment Total Petrochemicals and Refining USA has chosen Port Arthur as the site for its proposed new ethane cracker with a capacity [...]
Oman to invest US$7 bln in refining, petrochemicals complex in Indonesia June 3, 2015 // 3 Comments Oman has committed to invest US$7 bln to build oil storage facilities, a petrochemical plant and a refinery in [...]
Ferguson Group Singapore offers chemical tanks to region June 2, 2015 // 2 Comments Ferguson Group Singapore, global specialists in the provision of offshore DNV 2.7-1 / EN12079 containers, mud skips, [...]
US oil production hits 43-year high ahead of OPEC June 2, 2015 // 2 Comments U.S. oil production surged to a 43-year high, despite a price war that resulted in a more than 50 % reduction in active U.S. [...]
Active oil rigs in U.S. falls for 25th straight week June 1, 2015 // 1 Comment West Texas Intermediate futures soared on Friday, with weekly drops in U.S. crude supplies and active oil rigs helping [...]
Iran’s petrochemical production to hit 180mn tonnes despite sanctions June 1, 2015 // 3 Comments An Iranian deputy minister of petroleum says the country’s petrochemical production capacity will reach 180 million [...]