The Permian-Delaware Basin rig count should start falling as oil operators, large and small, are flat for 2019. Spending has been sharply reduced as supply now dominates the A.I. (Artificial Intelligence) used by many commodity traders in oil. The large or integrated oil companies have all the ...Petroleum Project Economics and Risk Management
This highly interactive and scenario-based training programme will enable you to apply a structured approach to project justification, investment appraisal and decision-making in the upstream petroleum business. What you will learn how to apply economic and risk management evaluation tools for ...MDT International - MDT International Ltd
Dubai Dubai AE 10 Mar 2019
Exploration & Production Accounting Level 3
This 5 day advanced, highly interactive workshop in which delegates work in small teams to explore and analyse wide-ranging financial scenarios based on the realistic, computer-based simulation of various international exploration and production activities. What you will learn how to carry out a ...MDT International - MDT International Ltd
London England GB 25 Feb 2019
Shell Bags License To Trade Oil Products In China’s Wholesale Market
Royal Dutch Shell plc (Shell), a renowned European multinational oil & gas company, has reportedly been awarded a trading license by the Chinese government that allows it to independently trade its oil products in China's wholesale market. Reports cite, the license signifies the Chinese government ...Iran Still Likely To Invest In Refinery Expansion, Says Indian Oil
India's largest oil and gas company Indian Oil Corporation Limited recently said that Iran could still invest in one of its subsidiaries for a refinery expansion project. Sanjiv Singh, chairman of Indian Oil stated that Iran has not ruled out its participation in the development at the Chennai Petr ...Australian businesses unite to urge government to abort energy policy
Some of the biggest energy & business groups in Australia have reportedly come together in an effort to urge the Australian government to forgo its Big Stick approach in the matter of energy legislation. Apparently, the businesses are warning the government that the divestiture powers it craves wo ...Comcast installs solar panels to power its headquarters in Manchester
Comcast has announced that it has completed a ground-mounted, 950-panel solar installation which would help in powering its Northeast Division headquarters located in Manchester, NH. Working with the solar energy firm Sunpower, Comcast has installed a solar array based on parking lot design, which w ...Ineos & ConocoPhillips Conduct Exclusive Talks for North Sea Assets
INEOS (Ineos), a UK-based multinational chemicals company, is reportedly in exclusive talks with ConocoPhillips, an American multinational energy firm, for the acquisition of ConocoPhillips' assets inside the North Sea. Reports cite, the deal could potentially transform the London-based chemicals ...ExxonMobil, Chevron Consider Mulling Dids for Endeavor Energy
Leading oil and gas giants Exxon Mobil Corporation and Chevron Corporation are reportedly among the companies considering first-round bids to acquire oil producer Endeavor Energy Resources LP. As per trusted sources, Endeavor is currently valued at around USD 15 billion including debt. Reportedly, ...ADB offers EESL $13M to Promote Efficient Energy Usage in India
The Asian Development Bank has recently announced that it will grant a loan worth $13 million to government-owned energy service company EESL. The investment, reportedly, is touted as an effort to promote efficient energy usage in India. As per trusted sources, Asian Development Bank (ADB) and EES ...Encana Corp to Acquire Newfield Exploration in an All-Stock Agreement
Encana Corporation, a Canadian natural gas company, has reportedly announced that it has signed an agreement to acquire Texas-based Natural gas liquids company Newfield Exploration in an all-stock offer worth over $5.5 billion. Reports cite, all Newfield shareholders would be receiving approximate ...Siemens Gamesa Bags 176.8 MW Wind Energy Contracts From ReNew Power
Reports confirm that Siemens Gamesa Renewable Energy SA has won contracts for building and equipping 176.8 MW of wind power projects in India for ReNew Power, an independent power producer (IPP). The company will establish a 100.8 Megawatt (MW) wind farm, in the Kutch district of Gujarat and a plant ...SIMEC Atlantis Enters French Joint Venture to Build New Tidal Project
U.K. headquartered SIMEC Atlantis Energy, the tidal energy projects developer, has reportedly entered into a new joint venture with the Development Agency for Normandy (AD Normandy) for developing a tidal power project in Raz Blanchard, Normandy. Regional investment fund Normandie Participations is ...SaskPower Inks Deal With Manitoba to Buy its Hydroelectricity Surplus
The Saskatchewan Crown Corporation is reported to have agreed on a term sheet which puts down the framework for Regina based electric utility SaskPower to purchase 190 megawatts (MW) of capacity from Manitoba Hydro, as well as an option to buy an additional capacity of 25 MW. The deal would supposed ...Saudi Aramco to Acquire Stakes in a Mega Oil Refinery in China
Saudi's Aramco is reportedly planning to buy a stake in an upcoming major Chinese refinery. It is the company's new investment in the world's largest oil market as it follows a strategy of procuring avenues for oil sales. Abdulaziz M Al-Judaimi, Senior Vice President of downstream operations at Ara ...
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