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Chevron seeks to turn Canada LNG plan into all-electric design

13 hours ago DieselGasoil Comments Off on Chevron seeks to turn Canada LNG plan into all-electric design
By Natalie Obiko Pearson on 7/15/2019 VANCOUVER (Bloomberg) — Chevron Corp. is seeking approval to modify its plans for a liquefied natural gas export facility on Canada’s Pacific Coast to an all-electric design that it says will result in the lowest greenhouse-gas emissions per ton of LNG of any large project in the world. Chevron Read More

Expro awarded subsea contract by Pacific Santa Ana, offshore Mauritania

18 hours ago DieselGasoil Comments Off on Expro awarded subsea contract by Pacific Santa Ana, offshore Mauritania
7/15/2019 ABERDEEN — International oilfield services company Expro has been awarded a contract by Pacific Drilling LLC’s subsidiary, Pacific Santa Ana, Ltd., for the provision of an Intervention Riser System (IRS) for Petronas’ Chinguetti Field Phase II plug and abandonment (P&A) contract, offshore Mauritania. Expro’s IRS. The contract, valued at $20 million, will see Expro Read More

Callon to acquire Carrizo in $3.2-billion stock transaction

20 hours ago DieselGasoil Comments Off on Callon to acquire Carrizo in $3.2-billion stock transaction
7/15/2019 HOUSTON — Callon Petroleum Company and Carrizo Oil & Gas announced that their boards of directors have unanimously approved a definitive agreement under which Callon will acquire Carrizo in an all-stock transaction valued at $3.2 billion. This highly complementary combination will create a leading oil and gas company with scaled development operations across a Read More

China second quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen

1 day ago DieselGasoil Comments Off on China second quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen
BEIJING (Reuters) – China’s economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting U.S. trade pressure. FILE PHOTO: Workers are seen at a production line manufacturing tyres at a factory in Nantong, Jiangsu province, China Read More

Norwegian Petroleum Directorate reports high activity in the first six months of the year

2 days ago DieselGasoil Comments Off on Norwegian Petroleum Directorate reports high activity in the first six months of the year
7/14/2019 STAVANGER — Production on the Norwegian shelf is holding steady at a high level. Many projects are in the development or planning phases. Many exploration wells are being drilled. There have been few discoveries in the first half of the year. Total petroleum production in the first half of 2019 is about 109,6 million Read More

Interview: Corpus Christi aims to rival Houston with 4 million b/d crude export capacity

4 days ago DieselGasoil Comments Off on Interview: Corpus Christi aims to rival Houston with 4 million b/d crude export capacity
Highlights Port CEO wants Corpus to be ‘Cushing of the coast’ Export market crowded with deepwater, onshore proposals Corpus Christi studies 75-foot-deep shipping channel Washington — The Port of Corpus Christi aims to become the “Cushing of the coast” by drawing more and more North American crude oil barrels with 4 million b/d of export Read More

Step Energy Services Ltd. to Announce Second Quarter Results and Host Conference Call; Appoints Rob Kukla as Director, Corporate Development

4 days ago DieselGasoil Comments Off on Step Energy Services Ltd. to Announce Second Quarter Results and Host Conference Call; Appoints Rob Kukla as Director, Corporate Development
CALGARY, Alberta, July 12, 2019 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (“STEP”) intends to release its 2019 second quarter results on Thursday, August 8, 2019 before markets open and will host a conference call at 8:00 a.m. MT (10:00 a.m. ET) on the same morning. To access the conference call in North America, dial Read More

Iran-UK tanker row escalates in Strait of Hormuz standoff

5 days ago DieselGasoil Comments Off on Iran-UK tanker row escalates in Strait of Hormuz standoff
Singapore — A diplomatic row between Iran and the UK involving oil tankers escalated Thursday after a standoff in the world’s biggest oil shipping artery raised fresh concerns over global energy security which have also spiked insurance costs for ships transiting the Middle East. Not registered? Receive daily email alerts, subscriber notes & personalize your Read More

Fiat bets on electric ‘500’ as it moves on from Renault

5 days ago DieselGasoil Comments Off on Fiat bets on electric ‘500’ as it moves on from Renault
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook TURIN, Italy (Reuters) – Fiat Chrysler (FCHA.MI) plans to invest 700 million euros ($788 million) in an electric makeover of its iconic Fiat 500, a top executive said on Thursday, as Read More