Baker Hughes Books 1.3 GW Gas Turbine Order from Dynamis
The turbines include a new offering that represents 'the oil and gas industry's highest reported mobile power density (MW per square foot) to date'.
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Sasol Chief Exec Sees Chem Business Potentially Listing by 2028
Sasol Ltd. Chief Executive Officer Simon Baloyi said the South African company may spin off its international chemicals business as soon as 2028.
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Oil Slides on Peace Deal Pressure
Oil fell as traders priced in a potential Ukraine-Russia peace plan that could boost supply.
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Reliance Stops Using Russian Oil in Part of Jamnagar
India's Reliance Industries Ltd. said it would stop processing Russian oil at part of its giant Jamnagar oil refinery.
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Lukoil Dissolves International Board
Russian energy giant Lukoil PJSC dissolved the supervisory board of its international business.
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StanChart Flags 'Fragility of Russian Supply'
In a market that continues to be dominated by bearish supply sentiment, one of the few bullish drivers is the fragility of Russian supply, Standard Chartered Bank Energy Research Head Emily Ashford said.
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ExxonMobil to Acquire 40 Percent of Bahia NGL Pipeline
Enterprise and ExxonMobil plan to raise Bahia's capacity to transport Permian NGLs to Enterprise's Mont Belvieu fractionation complex to one million bpd.
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Oil Prices Have Fallen Sharply
Crude oil prices have fallen sharply, Nadir Belbarka, an analyst at XMArabia, said in a statement sent to Rigzone on Friday.
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Norway Gas Output Hits Six-Month High
Norway produced 336.76 million standard cubic meters a day of natural gas in October, its highest over the last six months, according to preliminary official monthly production figures.
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USA Crude Oil Stocks Drop by 3.4 Million Barrels WoW
The EIA's latest weekly petroleum status report showed that crude oil stocks, not including the SPR, stood at 424.2 million barrels on November 14.