Business/economics
Crude benchmarks spiked amid concerns that the US-Iran ceasefire is collapsing as commercial shipping comes under renewed attack.
Schneider Electric says the deal advances its vision of creating intelligent industrial ecosystems that connect physical assets with digital insights across the asset life cycle.
The firm’s latest analysis puts the bulk of the blame on a fragmented supply chain.
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With a $100-million investment and submittal of its offshore Pecan field development plan to Ghana authorities, Aker Energy continues its positioning for an IPO later this year. -
ADNOC and CNOOC will explore multiple new opportunities for collaboration across the upstream and downstream sectors in the UAE and China.
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The reciprocating compression division manufactures and services compression and engine systems that are used in a variety of applications, including the transmission of natural gas across domestic and international pipelines.
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The Bureau of Safety and Environmental Enforcement reported about 14% of oil production and about 14% of natural gas production remains shut in following Tropical Storm Barry.
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Mexican President Andrés Manuel López Obrador is prioritizing investment in Pemex over foreign participation as a means to boost the country’s shrinking oil output.
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The acquisition will add to the group’s offerings aimed at environmental impact assessments and project approvals.
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The combined company will produce more than 100,000 BOE/D from the Permian Basin and Eagle Ford Shale and is switching its focus to “mega-pad” developments.
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Offshore personnel are reboarding Gulf of Mexico platforms, oil and gas production begins recovery.
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All 20 dynamically positioned rigs have returned to pre-storm locations. Operators' reports of evacuated personnel remain unchanged from yesterday.
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The Gulf of Mexico disturbance, Barry, made landfall today near Intracoastal City, Louisiana, and weakened to a tropical storm.
