Commodities

Pemex considers job cuts, restructuring in technique to avoid wasting $540 million

(Bloomberg) – Mexico’s state oil firm Petroleos Mexicanos is discussing plans to slash over 3,000 jobs in a proposed company restructuring that's anticipated to avoid wasting the corporate thousands and thousands because the...

Is anybody watching Load development in ERCOT?

ERCOT launched an up to date load development forecast in April together with projections from Transmission Service Suppliers, and the numbers are truthfully type of wild. Curious...

Trump criticizes UK North Sea tax for discouraging drilling

(Bloomberg) – U.S. President Donald Trump criticized the UK’s strategy to taxing North Sea oil and fuel, saying it discouraged drilling and raised power costs.  Britain ought to cease utilizing “pricey and unpleasant windmills”...

Expro lands multi-year TRS contracts with two super-major operators in U.S. Gulf

Expro has been awarded multi-year Tubular Working Providers (TRS) contracts by two main Tremendous-Main operators within the Gulf of America/Gulf of Mexico, protecting each deepwater drillships and platform rigs. Collectively valued at over $80...

One lacking after Chevron Angola deepwater platform fireplace

(Bloomberg) -- Chevron Corp. and native authorities in Angola are looking for a...

ABS approves new multi-purpose deepwater LNG floating asset from SHI

ABS issued an approval in precept (AIP) to Samsung Heavy Industries (SHI) for its design of a multi-purpose liquefied pure gasoline (LNG) floating facility for deep water. ...

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