Archives for 2018
Equinor touts offshore wind to power oil and gas platforms
Norway’s Equinor said it’s investing in new offshore wind projects that could power its oil and gas fields in the North Sea. Source: FuelFix
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Pemex insider destined for key post under Lopez Obrador
Mexico President-elect Andres Manuel Lopez Obrador will name Fluvio Ruiz Alarcon as Petroleos Mexicanos’s next exploration and production chief, according to two people with knowledge of the plans. Source: FuelFix
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Analyst: Shell, Pemex partnership in Deer Park is a win-win
The 25-year partnership between Royal Dutch Shell and Mexico’s state oil company in Deer Park is now extended at least until 2033, ensuring Shell guaranteed supplies of heavy crude and Pemex a strong refining presence...
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Oil near two-week high as U.S., Mexico near trade deal
Oil traded near the highest closing level in more than two weeks on estimates that U.S. crude inventories fell and as the prospect of a new U.S.-Mexico trade pact spurred wider financial-market optimism. Source: FuelFix
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Big oil's exit turns into revival for Norway's aging North Sea
Two of offshore fields, Draugen and Valhall, are in the hands of smaller, local companies, and they’re now expected to keep producing well into the 2040s. Source: FuelFix
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