The 14th Shanghai International Petrochemical
Technology and Equipment Exhibition
Opening Countdown:
Days
Norwegian maritime technology group Kongsberg Maritime has updated 19 Safety and Automation Systems (SAS) controllers on a floating, production, storage and offloading (FPSO) vessel operating off Norway for Aker BP. Kongsberg Maritime repor......【More】
2021-12-20ABS has awarded Wison Offshore Marine (WOM) Approval in Principle (AIP) for its w.semi platform supporting floating wind turbines. Source: WOM Designed for use in the South China Sea to support the emerging Chinese offshore wind industry, a......【More】
2021-12-17The Abu Dhabi National Oil Company (ADNOC) announced record investments worth up to almost $6 billion to enable drilling growth as it boosts its crude oil production capacity to 5 million bbl/day by 2030 and drives gas self-sufficiency for......【More】
2021-12-15LONDON (Bloomberg) --OPEC expects that oil stockpiles released by consuming nations could massively swell the surplus in global markets. The projections from OPECs advisory body -- the Economic Commission Board -- come a week before the gro......【More】
2021-11-26(Bloomberg) --Oil posted a monthly gain of 11% on signs that consumption is outpacing supply and draining stockpiles. Futures in New York rose 0.9% on Friday. Oils advance this month shows the impact of an ongoing shortage of natural gas, w......【More】
2021-11-02OSLO (Bloomberg) --Equinor ASA is boosting natural gas exports to ease Europes supply crunch, sacrificing some oil production in the process. The Norwegian giant has halted the re-injection of gas that had been used to boost oil output at t......【More】
2021-10-28(Bloomberg) --Oil rallied after a U.S. industry report showed another big draw in crude inventories, pointing to a tightening market, and Chinas central bank added liquidity to quell concern about a major developers debt woes. West Texas In......【More】
2021-09-23(Bloomberg) --Oil headed for a fourth weekly gain supported by signs of a tighter market and a wider rally in energy prices. West Texas Intermediate, which dipped on Friday, has still climbed about 4% this week. Investors have been tracking......【More】
2021-09-18LONDON (Bloomberg) - BP and PetroChina formed a joint venture to manage the giant Rumaila field in Iraq, an operating structure the British oil major has adopted in other parts of the world as it focuses on the energy transition. BP is at t......【More】
2021-08-26MEXICO CITY (Bloomberg) --Pemex left investors with more questions than answers after it announced in late July that it would be disclosing its greenhouse gas emissions on a more regular basis then refused to discuss why theyd soared by dou......【More】
2021-08-25
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