From Reuters French energy group Total (TOTF.PA) is not looking at investing in the U.S. shale oil industry, the company’s chief executive said on Monday. Patrick Pouyanne made the comment when asked whether peer BP’s (BP.L) $10.5 billion acquisition of U.S. shale assets from BHP Billiton (BLT.L)(BHP.AX) had made the sector more attractive. “It’s first quite expensive, second we don’t have
From Madison.com Domestic drilling for oil and natural gas is expected to drive “extreme” demand for the frac sand prevalent throughout western Wisconsin. The value of proppant sand will exceed $4 billion this year and is expected to grow to nearly $6 billion over the next five years, according to the report from IHS Markit. That’s more than 4.5 times
From Reuters Saudi Arabia’s decision to shelve what was billed as the biggest share sale ever is a major blow to the credibility of Crown Prince Mohammed bin Salman but there are other ways to finance reforms to strengthen the economy, bankers and investors say. The initial public offering (IPO) of 5 percent of state-owned oil giant Saudi Aramco was a
From UPI The U.S. Navy’s 5th Fleet is deployed in the Persian Gulf, with aircraft carriers, ships and aircraft. On average there have been 2.5 interactions per month between January 2016 and August 2017 with Iranian navy forces, the U.S. Navy said. The United States also has military personnel stationed in Saudi Arabia, Kuwait, Bahrain and Turkey. Aug. 27 (UPI)
From the Los Angeles Times The Trump administration has reached a deal with Mexico on a rewrite of the North American Free Trade Agreement, but the two sides now need a quick buy-in from Canada, which is expected to return to the bargaining table but still has significant issues with some of President Trump’s demands. The preliminary agreement with Mexico,
From The Wall Street Journal Egypt’s government is taking an unconventional approach toward becoming the Middle East’s next big energy exporter: Its own citizens are footing the bill. President Abdel Fattah Al Sisi’s government has coaxed some big oil companies back to Egypt in part by paying foreign companies more for natural gas and by raising the price of electricity and
NRC Holds First Public Meeting for X-energy’s Proposed TRISO-X Fuel Fabrication Facility
Hess to Participate in Barclays CEO Energy-Power Conference… Username or E-mail Password Remember Me Forgot Password
From FreightWaves The expanded Panama Canal, which can now accommodate larger ships in greater numbers, has altered trade flows on the North American continent. The expansion, completed on June 26, 2016, doubled the capacity of the Panama Canal. East Coast ports invested billions of dollars dredging their harbors so larger vessels could make calls and adding cranes to accelerate the
Bracewell Represents AP Energy Holdings and South Field Energy in $1.3 Billion Electric Generating Facility
Global EV Li-ion Battery Market 2018-2022 – EV Charging with V2G Technology Gaining Momentum – ResearchAndMarkets.com
From Bloomberg Back in 2015, Royal Dutch Shell Plc and BP Plc cast doubt over the future of aging oil fields offshore Norway. A crash in crude prices and high operating costs threatened to shut them early, leaving millions of barrels in the ground. Two of the fields, Draugen and Valhall, have since fallen into the hands of smaller, local companies, and they’re now
