Commodities

CNOOC confirms over 100 Bcm in “world first” Lingshui 36-1 gasoline subject offshore China

(WO) – CNOOC Restricted introduced that the Chinese language authorities have accepted the proved gasoline in-place of Lingshui 36-1 gasoline subject, which stands at over 100 Bcm. It's the first large-size, ultra-shallow gasoline...

Topside, jacket for North Sea’s first electrified fuel manufacturing platform efficiently sails, HSM Offshore Power studies

(WO) — HSM Offshore Power introduced the profitable load out and sail away of the N05-A topside and jacket for ONE-Dyas at its Schiedam yard within the Netherlands. ...

Libya’s greatest oil area Sharara absolutely halts manufacturing in alleged “political blackmail” stunt

(Bloomberg) – Libya’s greatest oil area halted manufacturing Monday after the operator was compelled to regularly lower output over the weekend, in response to two individuals accustomed to the operations. ...

Chevron to relocate from California to Houston, Texas, following “adversarial” laws

(Bloomberg) – Chevron Corp. is relocating headquarters to Houston, Texas, from California after repeatedly warning that the Golden State’s regulatory regime was making it a troublesome place to do enterprise. ...

A number of U.S. shale producers enhance 2024 oil and fuel manufacturing forecasts following sudden Permian success

(Bloomberg) – Some main U.S. shale producers are planning to pump extra oil this 12 months than initially projected, an indication nationwide provide might exceed the modest development expectations many firms had pledged. ...

Petrobras enlists SLB to deploy pre-salt subsea manufacturing system throughout Atapu, Sepia fields offshore Brazil

(WO) — SLB has introduced a serious offshore contract award by Petrobras, following a aggressive tender, to its OneSubsea three way partnership for his or her standardized, pre-salt subsea manufacturing methods and associated...

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