Summary Lukoil refinery struggles to repair gasoline unit U.S. firm UOP says not helping Lukoil All Russian refineries use Western technology, software Ukrainian drones damage dozens of Russian plants (Reuters) – When engineers at Russian oil firm Lukoil discovered a turbine had broken at their largest refinery on January 4, they quickly realised the problem …
U.S. Sanctions Hamper Russian Efforts to Repair Refineries Read More »
(Reuters) – Oil prices were steady on Thursday, shored up by concerns about lower supply as major producers keep output cuts in place and on signs of stronger economic growth in the U.S., the world’s biggest oil consumer. Brent futures for June fell 5 cents to $89.30 a barrel at 0919 GMT. U.S. West Texas …
The acquisition of ChampionX vaults SLB’s chemical production business to No. 1 globally and orients SLB’s business toward resource recovery that is less tied to price volatility.
The acquisition of ChampionX vaults SLB’s chemical production business to No. 1 globally and orients SLB’s business toward resource recovery that is less tied to price volatility.
Nye Oil LLC has retained EnergyNet for the sale of a 27 property package in Frio and La Salle counties, Texas.
Outpost Energy has retained Sayer Energy Advisors for a corporate sale process on properties in Alberta.
Consolidation will result in less oil production, and therefore less associated gas, as fewer wells are produced, an energy analyst says.
Prior to joining TC Energy, O’Donnell worked with Quantum Capital Group for 13 years as an operating partner and served on the firm’s investment committee.
TGS said the Ramform Sovereign survey vessel was dispatched to the Penyu Basin in March.
U.S. oil production dropped sharply at the start of the year as exceptionally cold weather for ten days in the middle of January caused widespread freeze offs at oil wells. Nationwide crude and condensates output was down by almost 24 million barrels or 0.8 million barrels per day (b/d) in January 2024 compared with December …
U.S. Oil and Gas Output was Severely Hit by Winter Storm: John Kemp Read More »
