(Reuters) – BP said on Monday it has made its largest oil and gas discovery in 25 years in Brazil’s Santos basin, a so-called pre-salt area in deep water offshore which is believed to be a large reservoir of oil and gas. BP returned its focus to fossil fuels last year to regain investor confidence and revive …
BP Strikes Major Oil Discovery Offshore Brazil, Its Largest in Decades Read More »
Clyde Russell (Reuters) – A couple of months ago it would have been a brave call to say that OPEC+ would be able to bring back 2.5 million barrels per day of crude production and still keep oil prices anchored around $70 a barrel. But this is exactly what has occurred, with the eight members …
OPEC+ Gets Lucky as it Brings Back Oil Output Amid Uncertainty Read More »
By Microwatt Controls. For over four decades, Microwatt has proudly stood at the forefront of industrial safety, gas detection, and automation solutions. We’ve been trusted partners to organizations across Western Canada, helping shape safer, smarter, and more connected industrial environments. As we celebrate our 41st year, we’d like to thank our customers and partners for …
41 Years of Innovation-Powered by Your Trust – MicroWatt Controls Read More »
Client: Major Petrochemical Operator – Alberta Scope: Pigtail (small-bore) welds beneath legacy hydrogen furnace Conditions: Catalyst remained in tubes, requiring extreme caution and minimal heat spread Problem with Traditional Method: Rigid ceramic elements obstructed the weld area, required excessive insulation, and posed a risk of heat bleed Challenge: A critical maintenance scope called for welding …
CASE STUDY: Innovating Small-Bore Welding on a Hydrogen Furnace with CooperCoil™ Read More »
(Reuters) – At least two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new U.S. sanctions, trade sources said, and LSEG trade flows showed. The U.S. Treasury Department this week imposed sanctions on more than 115 Iran-linked individuals, entities, and ships, some of which are involved in transporting …
US Sanctions Force Vessels With Russian Oil to Divert From India, Sources Say Read More »
Summary Verdict could lead to more lawsuits, experts say One died, one injured in Model S crash in 2019 Tesla to appeal, blames driver Tesla shares down 1.8% on Friday, 25% this year (Reuters) – A Florida jury on Friday found Tesla liable to pay $243 million to victims of a 2019 fatal crash of an …
Tesla Ordered by Florida Jury to Pay $243 Million in Fatal Autopilot Crash Read More »
(Reuters) – Four Democratic U.S. senators on Friday slammed last month’s directive by Interior Secretary Doug Burgum requiring his office to review decisions on every wind and solar power project on federal lands, saying it will lead to delays and discourage private investment as power demand rises. The lawmakers said the directive creates a bottleneck that will …
Democrats Decry Extra US Scrutiny of Solar, Wind Projects on Public Lands Read More »
Summary Sept hike of 548,000 bpd agreed, sources say ahead of meeting Virtual meeting starts at 1100 GMT on Sunday Oil supported by US demands for India to stop buying Russian oil (Reuters) – OPEC+ has reached a preliminary deal to increase oil production by 548,000 barrels per day from September, three sources said on …
OPEC+ Agrees in Principle to Another Large Oil Output Hike, Sources Say Read More »
Indian officials have said they would keep purchasing oil from Russia despite the threat of penalties that U.S. President Donald Trump said he would impose, the New York Times reported on Saturday. Reuters could not immediately verify the report.The White House, India’s Ministry of External Affairs and the Ministry of Petroleum and Natural Gas did …
India Will Buy Russian Oil Despite Trump’s Threats, NYT Reports Read More »
(Reuters) – A look at the day ahead in European and global markets from Stella Qiu: It is tariff deadline day and President Donald Trump delivered by slapping fresh levies on imports from dozens of countries, including those that do not have a trade deal yet. Rates were set at 35% for Canada, 25% for …
COMMENTARY: ‘Tariffs – Use This Version, Please’ Read More »
