CNOOC Achieves Eighth Field Startup this Year
CNOOC continues a flurry of production ramp-up in the South China Sea.
CNOOC continues a flurry of production ramp-up in the South China Sea.
Enbridge invited indigenous communities in Canada to discuss a financial partnership similar to an earlier $809 million sale of a stake in some of its pipelines to such groups.
Oil prices climbed after last week's decline, driven by Middle East tensions and China's economic stimulus, with WTI settling above $70 and Brent over $74 a barrel.
The decisions end a more than two-year delay to the conclusion of Exxon's $1.3 billion deal, but stymies Shell's plans for the West African nation.
The DOE agreed on a $861.3 million loan guarantee for two PV generation projects in Puerto Rico with an aggregate capacity of 200 MW.
In a report sent to Rigzone today, Bjarne Schieldrop, the Chief Commodities Analyst at SEB, highlighted that the oil market is 'battling' between two things.
Petrofac's creditors have again agreed not to pursue legal action over the company's failure to pay interest on $29 million bonds.
Benchmark futures rose as much as 2.2 percent on Monday, following moves in oil and offsetting Friday's losses.
The Wressle consortium decided not to put up a legal challenge against the expected nullification of a planning consent for the field's extension project, after the UK Supreme Court ruled that regulators must consider Scope III emissions in EIAs.
'We project global oil consumption to increase by 7.1 million barrels per day between 2023 and 2035'.