Commodities

Trump says Venezuelan oil will probably be used to refill U.S. Strategic Petroleum Reserve

(Bloomberg) – The U.S. plans to make use of its newfound assertion of management over billions of barrels of Venezuelan crude oil to refill the nation’s depleted emergency reserve, President Donald Trump stated...

Sapphire Gasoline Options acquires EDGE LNG, provides 200,000 gal/day liquefaction capability

(WO) — Sapphire Gasoline Options has acquired EDGE LNG from associates of Blue Water Vitality, including roughly 200,000 gal/day of LNG liquefaction capability to its distributed pure fuel operations. Texas-based EDGE gives LNG liquefaction,...

Venezuela weighs OPEC exit as producer group faces rising fragmentation

(Bloomberg) – OPEC’s decades-long affect over international oil markets is going through renewed strain as founding member Venezuela considers leaving the producer group, simply months after the United Arab Emirates withdrew. Officers from Caracas...

TDI-Brooks deploys Gravity CPT system for offshore Alaska survey

(WO) — TDI-Brooks has accomplished a geophysical and geotechnical survey for a marine...

Aker BP begins manufacturing from 120-MMboe Skarv Satellites in Norwegian Sea

(WO) — Aker BP has began manufacturing from the Alve Nord, Idun Nord and Ørn fields within the Norwegian Sea, bringing roughly 120 MMboe of recoverable sources on-line one yr forward of the...

bp awards Halliburton drilling companies contract for Bumerangue appraisal

(WO) — bp has awarded Halliburton an built-in drilling companies contract for the primary appraisal marketing campaign on the Bumerangue discipline offshore Brazil, because the operator strikes to additional consider its deepwater discovery. Underneath...

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