Two Welsh businesses, which provide specialized geological services for the oil exploration industry around the globe, have formed a new joint venture company.
Source: Offshore
Welsh Businesses Team Up to Form New Company
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Africa focused Tullow Oil Plc refinances $2.5 billion of loans borrowed against its oil and gas reserves.
Source: Offshore
Tullow Oil Refinances .5 Billion Credit Line
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A total of $22 billion is forecast to be spent on decommissioning on the UKCS from 2017 to 2025.
Source: Offshore
UKCS Decom a B Industry to 2025
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Pemex declares force majeure on the loading of Isthmus crude, two sources with knowledge of the matter say.
Source: Offshore
Sources: Mexico's Pemex Declares Force Majeure On Isthmus Crude Oil
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Oil prices dipped in a volatile session buffeted by conflicting statements from oil ministers a day ahead of OPEC’s meeting.
Source: Offshore
Oil Drops For Third Day, Awaiting OPEC Decision
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Iraq is planning to increase production from the giant Rumaila oilfield to about 1.5 million barrels per day (bpd) in 2018.
Source: Offshore
Iraq Aims To Raise Rumaila Oilfield Output To 1.5 MMBpd In 2018
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The UK government has lent its support to the UK’s shale gas industry in a recently published white paper.
Source: Offshore
UK Government Issues Support for Shale Industry
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Israel’s Oil Refineries (ORL), the country’s largest refining and petrochemicals group, appoints Yashar Ben Mordechai as its new chief executive.
Source: Offshore
Israel's Oil Refineries Names Yashar Ben Mordechai As CEO
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US crude oil stocks fell last week, led by the biggest fall in inventories at the Cushing, Oklahoma storage hub in eight years.
Source: Offshore
EIA: US Crude Stocks Fall, But Gasoline, Distillates Up
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The Manufacturing Circle, a voice for South African manufacturing sector, has launched its ‘Map to a Million New Jobs in a Decade,’ which contains realistic, constructive and actionable plans to ensure job creations and thrive manufacturing in the country
Source: African Review
Manufacturing Circle launches plan to create new jobs in the next decade
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