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Silixa announced the launch of Carina CarbonSecure, its distributed acoustic sensing based solution for continuous or on-demand monitoring of all stages of carbon capture and storage operations. Source
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The Real Reason Oil Prices Went Negative In April | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Nov 24, 2020, 10:00 AM CST Unusually high open interest in West Texas Intermediate was one of the two causes for the benchmark plunging into negative territory in...
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Iraq Wants A 5 Year Prepayment For Oil | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Nov 24, 2020, 9:30 AM CST Iraq is working on its first-ever deal to sell oil...
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The API Will Do Everything In Its Power To Fight Biden’s Fracking Ban | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Nov 24, 2020, 9:00 AM CST The American Petroleum Institute will...
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Saudi Arabia condemned the strike, saying “terrorist and sabotage acts committed against vital installations target the security and stability of energy supplies to the world,” the official Saudi Press Agency reported. Source
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“There is a creeping politicization of the banking industry that has the propensity to be very, very dangerous,” Acting Comptroller of the Currency Brian Brooks told reporters Friday in a call about the rule, which would affect lenders with more than $100 billion in assets. Source
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Venture Global LNG announced that KBR has been awarded the engineering, procurement and construction contract as lead contractor for Phase 1 of the Plaquemines LNG export project currently under development in Plaquemines Parish, Louisiana. Source
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The campaign is expected to commence in early 2021, with an estimated firm combined duration of 500 days. The estimated firm total contract value is approximately USD $100MM, including rig upgrades and integrated services provided. Source
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The nation is grappling with a crisis brought to a head by low oil prices and OPEC+ output cuts. As state coffers dwindle and school teachers go unpaid, the country risks a repeat of upheaval last year that brought down the government and saw hundreds of protesters killed. Source
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In releasing the highly anticipated document Monday, the Commodity Futures Trading Commission conceded that it might fall short of expectations. But CFTC chairman Heath Tarbert said the agency was trying to be as forthcoming as possible in disclosing what it knows now, calling it an “interim report.” Source
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