Tag Archives: International Companies

New Mexico may have cheaper prices and costs. but it also has some takeaway capacity and oilfield infrastructure constraints.

Mitsubishi Heavy Industries Group will integrate and expand the product and technology lineup of its energy and oil and gas business to meet market needs.

The two companies plan to cooperate in refining. petrochemicals and crude trading.

Leader in electricity consumption. leader in solar power and in future EV sales according to most observers.

Baker Hughes reported on Friday that the number of U.S. rigs drilling for oil was unchanged at 738. having risen by nine the previous week.

Saudi Aramco has been building refineries integrated with chemicals to boost their economics by adding high value products to the supply chain.

OPEC and allied oil producers should extend their production cuts beyond March to help rebalance the market.

OPEC and Russia are likely to apply a supply curb deal beyond its March 2018 expiry.

The Norwegian government supports R&.D with financial incentives.

One source said the facility would be mothballed.