The government of Uganda has resumed negotiations with SK Engineering & Construction, Seoul, for construction of a grassroots refinery after ending talks with a Russian company, according to press reports. Source: News
Unipetrol secures long-term crude supplies for Litvinov refinery
Unipetrol RPA SRO, the marketing arm of Unipetrol AS, and parent company Polski Koncern Naftowy SA (PKN Orlen) have signed separate agreements with OJSC Rosneft Oil Co. and PJSC Tatneft to supply Russian crude oil through mid-2019 to subsidiary Ceska Rafinerska AS’s 5.4 million-tpy refinery in Litvinov, Czech Republic. Source: News
Reith becomes Solomon Associates president
Charles Reith has become president of Solomon Associates, Dallas. Source: News
Reith becomes Solomon Associates president
Charles Reith has become president of Solomon Associates, Dallas. Source: News
McCollum returns to post of Halliburton chief financial officer
Mark McCollum will resume his role as executive vice-president and chief financial officer of Halliburton Co. effective immediately. He’ll continue to report to Dave Lesar, chairman and chief executive officer, and will remain a member of the company’s executive committee. Source: News
Libya’s NOC rival leaders reach unification agreement
The chairman of Libya’s National Oil Corp. and his counterpart appointed by the government in Bayda agreed to unify the state company under a single management in an attempt to end a conflict about who controls Libya’s crude oil exports and oil revenues. Source: News
Libya’s NOC rival leaders reach unification agreement
The chairman of Libya’s National Oil Corp. and his counterpart appointed by the government in Bayda agreed to unify the state company under a single management in an attempt to end a conflict about who controls Libya’s crude oil exports and oil revenues. Source: News
Delek Group to drill Tamar-8 well offshore Israel
Delek Drilling LP and operator Noble Energy Mediterranean Ltd. have announced that the Tamar-8 development well will spud in this year’s fourth quarter with 4 months planned for drilling, completion, and tie back. The well is 100 km west of Haifa offshore Israel in 1,670 m of water. Tamar-8 will target Miocene Tamar sands and […]
Delek Group to drill Tamar-8 well offshore Israel
Delek Drilling LP and operator Noble Energy Mediterranean Ltd. have announced that the Tamar-8 development well will spud in this year’s fourth quarter with 4 months planned for drilling, completion, and tie back. The well is 100 km west of Haifa offshore Israel in 1,670 m of water. Tamar-8 will target Miocene Tamar sands and […]
MARKET WATCH: Oil prices rise modestly on New York, London markets
Light, sweet crude prices for August delivery gained modestly in light trading on the New York market July 1 before trading was closed July 4 for Independence Day holiday weekend in the US. Prices fell to under $48/bbl in early July 5 trading. Source: News