Upstream news

Jonathan Markham, Oil & Gas Analyst at GlobalData, offers his view on the key aspects of this transaction.

Highlights include crude oil price movements, world oil supply and stock movements.

The event will be declared open by His Majesty King Felipe VI of Spain in the opening ceremony on Monday 17th September.

The Alliance supports acting EPA Administrator Andrew Wheeler's efforts to "alleviate unnecessary and duplicative red tape," and reduce compliance costs for the oil and gas industry.

In February, US crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the US surpassed Russia in crude oil production for the first time since February 1999.

After signing a multi-year agreement with CGG, Terrafirma has become one of the first UK companies to include the latest-generation MotionMap UK data.

Ashley Kelty, oil & gas research analyst at Cantor Fitzgerald Europe, comments on the impact of Hurricane Florence on oil prices.

The company has announced that its Mexican subsidiary, IEnova has signed a long-term contract with British Petroleum for the remaining 50% of the initial capacity of the proposed Baja Refinados liquid fuels marine terminal in Baja California, Mexico.

The company has successfully supplied three ProSalt™ units to Equinor for the Johan Castberg field development project.

The company has been awarded a 2017 American Equity Underwriters, Inc. Safety Award for its strong commitment to safety in the workplace.