Chevron begins to restart its Gorgon liquefied natural gas export facility in Australia following its unplanned shutdown in April.
Source: Offshore
Australia's Gorgon LNG Export Facility Restarting Operations
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Oil demand in 2016 will stay strong, supporting prices, but the market is unlikely to rebalance by the year end, says Total’s Chief Executive.
Source: Offshore
Total CEO: Oil Demand Strong, Year End Too Early For Rebalancing
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Israel and Egypt are close to a compromise that would sweep away a major obstacle to a multibillion-dollar natural gas deal.
Source: Offshore
Israel, Egypt Said Nearing Compromise on Natural Gas Dispute
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China appears to be stockpiling crude oil at a faster pace than the market had expected, taking advantage of low prices but perhaps also pulling forward its demand for imported crude.
Source: Offshore
Russell: China's Surging Crude Oil Imports For Storage May Ease
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Difficult decisions are needed to tackle challenges in the current market as the number of deepwater projects dropped 42 percent in the past year to 122.
Source: Offshore
Industry Needs to Make Tough Call on Deepwater Projects in Challenging Time
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CGGVeritas Services de Mexico S.A becomes one of only “a small number of companies” to be registered by Mexico’s NHC as an independent third party qualified to audit and certify Mexico’s reserves.
Source: Offshore
CGG Qualifies as Mexican Reserves Auditor
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BP’s head of exploration Richard Herbert is leaving the British oil major after slightly more than two years in the job, a period in which the company slashed spending on the search for new deposits.
Source: Offshore
BP Exploration Boss Leaves in Reorganization
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Circle Oil plc flows oil from the AASE-24 well on the North West Gemsa field in Egypt.
Source: Offshore
Circle Flows Oil From AASE-24 Well in Egypt
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After intense lobbying, Oklahoma’s oilmen scored a victory two years ago. State lawmakers voted to keep in place some of lowest taxes on oil and gas production in the United States – a break worth $470 million in fiscal year 2015 alone. Source: Offshore As Oil Boom Goes Bust, Oklahoma Protects Drillers and Squeezes Schools…
DetailsEnergy companies in Japan are slashing investments by more than one-third following the collapse in commodity prices, increasing pressure on Prime Minister Shinzo Abe’s government to supplement exploration budgets.
Source: Offshore
Japan Energy Spending Cuts Add Urgency to Securing Future Supply
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