Nexen Energy ULC reported it will idle the Long Lake oil sands upgrader in Fort McMurray, Alta., by putting it into cold-stack mode. No date was given for when the upgrader would be returned to service. Source: News
Interests, roles shifting in Argentina block
Holders of interests in the Coiron Amargo Block in Argentina’s Nequen basin and a unit of Royal Dutch Shell PLC have entered a series of agreements that would subdivide the southern part of the 100,000-acre tract and adjust holdings and roles. Source: News
Interests, roles shifting in Argentina block
Holders of interests in the Coiron Amargo Block in Argentina’s Nequen basin and a unit of Royal Dutch Shell PLC have entered a series of agreements that would subdivide the southern part of the 100,000-acre tract and adjust holdings and roles. Source: News
Rawson, Beach bring small Cooper basin gas field on stream
Rawson Resources Ltd., Sydney, has reported that Udacha natural gas field in South Australia’s Cooper basin retention lease PRL 26 has been brought on stream. Source: News
Rawson, Beach bring small Cooper basin gas field on stream
Rawson Resources Ltd., Sydney, has reported that Udacha natural gas field in South Australia’s Cooper basin retention lease PRL 26 has been brought on stream. Source: News
Woodside lets upgrade contract for Greater Enfield FPSO
Woodside Energy Ltd. has let a contract to Keppel Offshore & Marine, Singapore, for the modification and upgrade of the Ngujima-Yin floating production, storage, and offloading vessel, which will support the Greater Enfield oil development offshore Western Australia. Source: News
EIA: US crude inventories fall 2.5 million bbl
US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, fell 2.5 million bbl during the week ended July 8 compared with the previous week’s total, according to the US Energy Information Administration’s latest Petroleum Status Report. Source: News
EIA: US crude inventories fall 2.5 million bbl
US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, fell 2.5 million bbl during the week ended July 8 compared with the previous week’s total, according to the US Energy Information Administration’s latest Petroleum Status Report. Source: News
MARKET WATCH: Crude oil prices rebound by $2/bbl on OPEC forecast
The light, sweet crude oil price for August delivery rallied by more than $2/bbl on July 12 as did the Brent crude oil price on the London market. The Organization of Petroleum Exporting Countries issued a report July 12 saying non-OPEC production will fall more than OPEC previously expected. Source: News
MARKET WATCH: Crude oil prices rebound by $2/bbl on OPEC forecast
The light, sweet crude oil price for August delivery rallied by more than $2/bbl on July 12 as did the Brent crude oil price on the London market. The Organization of Petroleum Exporting Countries issued a report July 12 saying non-OPEC production will fall more than OPEC previously expected. Source: News