Oil prices climbed to their highest level in 3 weeks as tension in the Middle East and the possibility of further falls in Venezuelan output helped offset the impact of growing US crude production.
Source: Offshore
Oil Rises To 3-Week High On Mideast Tensions, Venezuela Concerns
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US Agriculture Secretary Sonny Perdue hopes the Trump administration can make the nation’s biofuel laws more affordable for oil refiners.
Source: Offshore
Perdue: US Biofuel Reform Possible Without Cap On RIN Prices
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Moody’s said that the launch of a movable collateral registry by Egypt’s Financial Regulatory Authority is credit positive for Egyptian banks which have been mandated to improve lending to risky small and midsize enterprises
Source: African Review
Moody’s says Egypt’s movable collateral registry credit positive for banks
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The African Development Bank (AfDB) has undertaken a mission to hold further discussions on Nigeria’s Power Sector Recovery Programme (PSRP) with several stakeholders in Abuja from 14-16 March 2018
Source: African Review
AfDB undertakes high power sector mission in Nigeria
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Total S.A signs 2 new 40-year concession agreements with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company.
Source: Offshore
Total Signs 40-Year Offshore Concession Agreements for .4B
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There are ‘real signs’ that the upturn the industry has been anticipating is materializing.
Source: Offshore
'Real Signs' Industry Upturn is Materializing
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Petrofac Limited signs binding letter of intent for a contract worth around $580 million with a GCC National Oil Company, for the engineering, procurement and construction of a ‘major’ project.
Source: Offshore
Petrofac Secures 0MM EPC Contract for 'Major' Project
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Fara Holdco Limited, the owners of the Bibby Offshore group of companies, announces a merger with Rever Offshore AS.
Source: Offshore
Bibby Offshore Group to Merge with Rever Offshore
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The service companies that map underground pockets of oil, drill the wells and lift crude from miles below are generating vast new amounts of data they never before realized could be valuable.
Source: Offshore
'Netflix for Oil' Setting Stage for Trillion Data Battle
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The heads of the US Environmental Protection Agency and Agriculture Department are scheduled to meet on Tuesday.
Source: Offshore
Sources: Trump Administration Preparing List Of Possible Biofuels Tweaks
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