Commodities

Petrobras awards $180 million subsea robotics contract to Oceaneering

Oceaneering's Brazilian subsidiary, Marine Manufacturing Techniques (MPS), has secured a number of subsea robotics contracts with Petrobras. The anticipated income of the contracts is roughly $180 million.  ...

🛢️ Oil Recap XTIUSD

U.S. crude inventories fell by 2.4M barrels final week (vs -1.9M anticipated), often a bullish signal for costs. But, WTI nonetheless dropped ~2%, weighed down by tariff...

Petrobras to re-enter Nigeria 5 years after halting JV operations

Throughout a state go to to Brasilía this week, Nigerian President Bola Tinubu centered on deepening financial cooperation and unlocking strategic partnerships, and welcomed Petrobras’s deliberate re-entry into the Nigerian market. The 2...

Who Owns the Gold? World Reserves, Central Banks, & BRICS

The Strategic Significance of Gold Gold remains to be an economically strategic asset on this planet, with central governments and traders impacting its provide, demand, and worth. America accounts for many world gold reserves...

How NY Fed Protects US & International Gold

US Gold Possession and the Federal Reserve America has maintained important gold reserves for many years, however the gold is held by the US Treasury—not the Federal Reserve. The Federal Reserve’s FAQ web page...

EnQuest, companions ink take care of Indonesia for offshore exploration

EnQuest together with its three way partnership companions and the Authorities of Indonesia have signed Manufacturing Sharing Contracts (PSCs) for the Gaea and Gaea II exploration blocks, situated in Papua Barat, Indonesia.  ...

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