Crude oil prices dropped nearly $2/bbl for December delivery on the New York market Oct. 22 after a weekly US government report showed a larger-than-expected increase in crude oil inventories. The US Energy Information Administration estimated
Chevron Corp. has made an oil discovery on its Guadalupe prospect in the deepwater Gulf of Mexico. The company says the Keathley Canyon Block 10 Well No. 1 encountered oil pay in the Lower Tertiary Wilcox Sands about 180 miles offshore Louisiana
helm in early February, urged the US Department of Energy to begin reevaluating the US Strategic Petroleum Reserve as the Government Accountability Office recommended in an Oct. 20 report ( OGJ Online, Oct. 20, 2014 ). “The recent shale boom is having
Alaska’s Division of Oil and Gas awarded two Beaufort Sea leases pending since 2011 and published tract maps for Nov. 19 Beaufort Sea and North Slope lease sales that accurately reflect the Arctic National Wildlife Refuge’s western boundary following a thorough review.
to a subsidiary of Foster Wheeler AG’s global engineering and construction group for the upgrade of a resid unit at the company 's 320,000-b/d refinery in Antwerp, Belgium. Foster Wheeler has already completed a front-end engineering and design
partnership also agreed to supply as much as 1.5 million tpy of LNG from 2015 to 2033 to Indonesia’s state-owned electricity company PT PLN (Persero). Supply will initially be provided from Tangguh’s existing two LNG trains. The agreement commits 40
Convening after the sudden death of Chairman and Chief Executive Officer Christophe de Margerie, the board of Total SA has unanimously appointed Thierry Desmarest as chairman and Patrick Pouyanne as CEO and president of the executive committee.
Crude oil prices rebounded slightly on the New York market Oct. 21 as traders and analysts anticipated a build in US crude oil inventories for the week ended Oct. 17. Separately, a better-than-expected economic indicator from China also supported Oct. 21 oil prices.
reached a point where if a company official is known not ..... reported to someone in the government for a couple of days, it ..... through its own state oil company Oil & Natural Gas Corp ..... because the South Sudanese government didn’t want CNPC to be dominant ..... the point that many people believe it makes more
California’s Bay Area Air Quality Management District (BAAQMD), the public agency responsible for regulating stationary sources of air pollution in the nine counties that surround San Francisco Bay, has launched an aggressive plan to cut emissions from the region’s five refineries.