Commodities

Metatek wins Philippines contract for 40,000-km² vitality exploration survey

(WO) — UK geophysical firm Metatek has secured a contract from the Philippines Division of Vitality (DOE) to conduct an preliminary 40,000-km² airborne geophysical survey geared toward figuring out areas with potential for...

Diversified Vitality in preliminary talks to amass Birch Sources

(WO) — Diversified Vitality has confirmed it's in preliminary discussions concerning a possible acquisition of Birch Sources, following current media hypothesis a few potential transaction.  ...

Shell loses South Africa courtroom battle over offshore exploration rights

(Bloomberg) – Shell Plc misplaced the most recent spherical of a five-year authorized battle with environmental activists over a South African oil-exploration marketing campaign that went all the way in which to the...

Emerson wins bp automation contract for $2.9 billion Shah Deniz mission

(WO) — bp has awarded Emerson a multi-million-dollar contract to supply automation applied sciences for the $2.9 billion Shah Deniz Compression mission offshore Azerbaijan, supporting elevated gasoline restoration from the Caspian Sea subject.  ...

Saudi crude manufacturing rebounds by greater than 1 MMbpd in July

(Bloomberg) – Saudi Arabia reported to OPEC that it elevated crude oil manufacturing by simply over 1 million barrels a day (MMbpd) final month, a mirrored image of the restoration amongst Persian Gulf...

Emerson expands industrial edge AI capabilities with PACEdge 3.0

(WO) — Emerson has launched PACEdge 3.0, an up to date industrial web of issues (IIoT) software program platform designed to deliver synthetic intelligence (AI), machine studying and superior analytics nearer to industrial...

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