Commodities

Oil majors compete for Libya’s first exploration tender since 2011 battle

(Bloomberg) – Chevron Corp. and TotalEnergies SE are competing in Libya’s first power exploration tender for the reason that 2011 battle, the nation’s state-run oil agency stated, because the OPEC member appears to...

A President Who Did not Need the Job-A Legacy of Selflessness

Reflecting on True Management This Independence Day As we strategy Independence Day, I’ve been reflecting on one thing exceptional about our first president that appears virtually unattainable to think about at the moment: George...

Equinor, companions greenlight $1.3 billion funding for Johan Sverdrup Section 3

Equinor and its companions are investing NOK 13 billion within the third section of Johan Sverdrup, one of many world’s most carbon-efficient oil fields. New subsea infrastructure will improve restoration by 40–50 million...

Fugro awarded $340 million in Petrobras contracts for Brazil subsea inspections

Petrobras has awarded Fugro 4 important multi-year contracts for the inspection and monitoring of essential subsea infrastructure in Brazil. The contract wins strengthen Fugro’s decades-long partnership with Petrobras, constructing on a historical past of...

Shale drilling drops for longest stretch since 2020 as rig rely slips once more

(Bloomberg) — The variety of rigs drilling for crude within the U.S. declined for the longest weekly streak in about 5 years as shale explorers shrugged off a latest soar in crude costs. The...

Colombian companies brace for gasoline crunch as deficit seen widening

(Bloomberg) - Colombian companies are bracing for a deepening shortfall in pure gasoline provide that threatens to shutter some operations. Provides of gasoline are anticipated to fall a minimum of 10% wanting demand subsequent...

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