Transocean Drillship Gets Another Drilling Job in Gulf of Mexico
Wedoany.com Report-Oct 18, Switzerland-based offshore drilling contractor Transocean has secured a new long-term ultra-deepwater drillship assignment with an undisclosed operator in the U.S. Gulf of M...
ABS Brings Swiss Player on Board FPSO Project Being Undertaken for Petrobras
Wedoany.com Report-Oct 18, The American Bureau of Shipping (ABS), a classification society, has hand-picked Switzerland-headquartered structural performance management software solutions provider Akse...
China’s September Refinery Output Falls for the Sixth Straight Month
Chinas refinery output fell 5.4% last month versus a year earlier, official data showed on Friday, declining for a sixth consecutive month even with the start-up of a new plant as weak fuel consumptio...
Eurozone Industry Makes Gains Ahead of ECB Meeting
Eurozone industry rebounded in August, offering a ray of optimism for the beleaguered factory sector as European Central Bank policymakers prime to cut interest rates again. Industrial production incr...
U.S. Crude Oil Stockpiles Fall Unexpectedly
U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record level, according to data released Thursd...
Energy & Utilities Roundup: Market Talk
1506 ET – Oil futures settle higher in a day of ups and downs. The EIA reported an unexpected weekly crude stock draw, with lower imports offsetting an increase in U.S. production. News that Isr...
Totalenergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
TotalEnergies TTE 0.76%increase; green up pointing triangle said continued pressure on refining margins would take a toll on its downstream results for the third quarter, while hydrocarbon production ...
FPSO Offshore Brazil Sees First Oil Sooner Than Planned
Wedoany.com Report-Oct 17, While the start of production was initially scheduled for 2025, the FPSO Maria Quitéria working in the Jubarte field produced its first oil on October 15. After a nam...
Phillips 66 to Shut Oil Refinery, End Gasoline Output in Los Angeles
Wedoany.com Report-Oct 17, Phillips 66 (PSX.N), said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to Californias fuel supply amid complaints about the states ...
WinGD Launches LPG-Ready Option for Ammonia-Fueled Engine
Named X-DF-P for the propane that is LPG’s primary component, the solution will be released to enable first engine deliveries in 2027. By that time, operators are expected to closely evaluate th...