Commodities

Petrodec’s OBANA advances North Sea decommissioning program

(WO) - Petrodec has mobilized its OBANA jackup to start a brand new...

Shell to amass ARC Assets in $13.6-billion deal to spice up Canadian shale output

(WO) - Shell plc has agreed to amass ARC Assets Ltd. in a deal valued at roughly $13.6 billion, or roughly $16.4 billion together with debt. The deal considerably expands Shell's place in...

Africa targets regional power hubs to unlock oil and fuel funding

(WO) - The African Petroleum Producers Group is advancing plans to develop regional power hubs aimed toward bettering infrastructure connectivity and scaling oil and fuel funding throughout Africa. The technique focuses on linking pipelines,...

SLB acquires S&P International upstream software program, advancing AI-driven subsurface technique

(WO) - SLB has agreed to amass the upstream geoscience and petroleum engineering software program portfolio of S&P International’s power division, increasing its digital subsurface capabilities and presence in U.S. unconventional workflows.  ...

How I traded the Strait of Hormuz escalation on crude oil

https://preview.redd.it/tjqp5dexhzwg1.png?width=1794&format=png&auto=webp&s=774e63a42d19ae63cbd7b0fc3051f326b0666c4c Think about waking up after resting from the US and Iran talks, and the very first thing you hear is that the conflict is escalating, as...

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