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ADNOC signs ultra-sour gas concession with Eni

12 hours ago DieselGasoil Comments Off on ADNOC signs ultra-sour gas concession with Eni
11/13/2018 Abu Dhabi — The Abu Dhabi government and the Abu Dhabi National Oil Company (ADNOC) have signed the first of a series of concession agreements with Italy’s multi-national oil and gas company, ENI, awarding it a 25% stake in its offshore ultra-sour gas mega project. The Ghasha Concession consists of the Hail, Ghasha, Dalma Read More

ADNOC signs First Hail, Ghasha and Dalma ultra-sour gas concession with Italy’s Eni

13 hours ago DieselGasoil Comments Off on ADNOC signs First Hail, Ghasha and Dalma ultra-sour gas concession with Italy’s Eni
11/13/2018 Abu Dhabi — The Abu Dhabi government and the Abu Dhabi National Oil Company (ADNOC) have signed the first of a series of concession agreements with Italy’s multi-national oil and gas company, ENI, awarding it a 25% stake in its offshore ultra-sour gas mega project. The Ghasha Concession consists of the Hail, Ghasha, Dalma Read More

Trump's steel tariffs create big profits but few new jobs

21 hours ago DieselGasoil Comments Off on Trump's steel tariffs create big profits but few new jobs
SEDALIA, Missouri (Reuters) – Nucor Corp, America’s largest steelmaker, planned a new plant in Sedalia, Missouri, long before U.S. President Donald Trump imposed tariffs to protect the industry – and it does not need them to make money. Residents sit on their porch in Sedalia, Missouri, U.S., October 3, 2018. Picture taken October 3, 2018. Read More

ADNOC CEO says oil and gas industry a critical enabler of economic growth in 4th industrial age in ADIPEC keynote address

1 day ago DieselGasoil Comments Off on ADNOC CEO says oil and gas industry a critical enabler of economic growth in 4th industrial age in ADIPEC keynote address
11/12/2018 Photo: His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and Group CEO, ADNOC. Abu Dhabi — The global oil and gas will be a critical enabler of economic growth in the 4th Industrial Age, according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and Group CEO of Read More

Fluid Delivery Solutions, LLC appoints executive chairman

2 days ago DieselGasoil Comments Off on Fluid Delivery Solutions, LLC appoints executive chairman
11/12/2018 Fort Worth, Texas – Fluid Delivery Solutions, LLC (FDS), a leading oilfield water management company with operations across the Permian, Eagle Ford, Eaglebine, Marcellus and Utica basins, has announced the appointment of Richard “Dick” J. Alario as executive chairman of the board of directors. Mr. Alario has a distinguished career in both domestic and Read More

OPEC and Russia weigh need for crude production cuts at Abu Dhabi meeting

4 days ago DieselGasoil Comments Off on OPEC and Russia weigh need for crude production cuts at Abu Dhabi meeting
New York — Prompt NYMEX WTI futures matched the all-time longest string of consecutive declines in contract history after prices fell for a 10th straight day Friday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX December WTI settled down 48 cents at $60.19/b, its lowest since March. WTI Read More

UPDATE – Seismic Technologies Business of Fairfield Geotechnologies to be Acquired by Magseis

4 days ago DieselGasoil Comments Off on UPDATE – Seismic Technologies Business of Fairfield Geotechnologies to be Acquired by Magseis
HOUSTON, Nov. 09, 2018 (GLOBE NEWSWIRE) — Fairfield Geotechnologies (“Fairfield”) today announced that it has entered into a definitive agreement with Magseis ASA (“Magseis”) whereby Magseis will acquire the Seismic Technologies business from Fairfield comprising data acquisition, nodal and system sale & rental activities, including all shares in Fairfield’s wholly owned UK subsidiary WGP Group Read More

NYMEX WTI crude plumbs 2018 lows, ties longest-ever downswing

4 days ago DieselGasoil Comments Off on NYMEX WTI crude plumbs 2018 lows, ties longest-ever downswing
New York — Prompt NYMEX WTI crude futures matched the all-time longest losing string of consecutive declines in contract history after prices fell for a 10th straight day Friday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX December WTI settled down 48 cents at $60.19/b, its lowest since Read More

Austria's OMV creates JV SEB Upstream with Malaysia's Sapura

5 days ago DieselGasoil Comments Off on Austria's OMV creates JV SEB Upstream with Malaysia's Sapura
Highlights Deal underpins 500,000 boe/d output target 50:50 venture questioned by some analysts Malaysia gas discoveries to boost output London — Austria’s OMV and Malaysian group Sapura Energy signed a deal Friday to create an upstream joint venture, SEB Upstream, or SUP, intended to tap into opportunities in Malaysia and the Asia-Pacific, as well as Read More

India's Royal Enfield targets tripling of U.S. sales this year

5 days ago DieselGasoil Comments Off on India's Royal Enfield targets tripling of U.S. sales this year
(Reuters) – India-based motorcycle brand Royal Enfield expects sales in its new North American business to almost triple this year and is aiming to dominate the market for middleweight bikes into which Harley-Davidson Inc (HOG.N) has just shifted in a bid to revive sales. The logo of Royal Enfield is pictured on a bike at Read More