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UAE's ADNOC To Split Huge Oil Concession, In Talks With Potential Partners

Abu Dhabi National Oil Co (ADNOC) says it will split its ADMA-OPCO offshore oil concession into two or more areas.c
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Greece Gets Six Expressions Of Interest In Gas Grid DESFA

Greece has received six expressions of interest in a 66% stake in its natural gas grid operator DESFA, the country's privatization agency says.
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Greece Launches New Offshore Oil And Gas Tenders

Greece launches two tenders for offshore oil and gas exploration and exploitation in the west and south of the country, the energy ministry says.
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Trump Might Start Trade War With Brazil Over Ethanol Imports

President Donald Trump's America First rhetoric is doing no favors for US ethanol producers, who are hoping to avoid a trade fight with fuel buyers in Brazil.
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Big Oil's Dream of $65 Billion Hidden Off Norway Is Fading Away

The oil industry has been salivating for years over Norway's Arctic Lofoten islands, which could hold billions of barrels of crude. It will likely have to keep dreaming.
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Uganda Picks GE for Group to Develop Oil Refinery Project

Uganda chose a group including General Electric Co. to build and operate a 60,000-barrel-a-day refinery that will process crude from fields being developed by Total SA and Tullow Oil Plc.
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From a Little-Known Shale Play in New Mexico, BP Gets a Gusher

BP may have just found a gem in a largely ignored corner of New Mexico.
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Energy Explorers Search Pakistani 'Wild Cat Areas' as Fields Dry

Pakistan's state-owned companies are spending record amounts on energy exploration, including in areas more known for separatist insurgency, as old fields start to dry up.
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Vintage Vid: The Cooper Bessemer GMV

Here at┬áCOMPRESSORtech2 we love to find interesting pieces of compressor industry history. Today, we found this promotional video Cooper Bessemer made for the GMV engine. It’s a must-watch.  

The post Vintage Vid: The Cooper Bessemer GMV appeared first on COMPRESSORtech2.

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Canceled LNG Project Casts Shadow Over Canada's Biggest Shale Play

Petronas' decision to cancel its Pacific NorthWest LNG project is a blow to the growth outlook for Canada's largest shale play.
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Shell Mulls German Refinery Upgrade To Meet 2020 IMO Sulphur Rules

Shell is considering expanding the capacity of one of its German refineries to make oil products that meet an upcoming cap on the sulphur content of fuels used in shipping.
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US Energy Agency to Take on $50 Billion Backlog as Senate Acts

The main US energy regulator can get back to the business of approving multibillion-dollar natural gas pipelines after the Senate moved to fill two of four vacancies at the long-crippled agency.
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Indian Oil Plans $2.4B Expansion Of Gujarat Refinery

Indian Oil Corp will spend $2.4 billion to increase capacity at its refinery in western India by about a third .
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Natref Refinery To Reach Full Output This Weekend After Disruption

South Africa's 108,000 barrel-a-day Natref refinery, operated by Sasol and Total will reach full output this weekend.
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Nigeria's Forte Oil In Talks On Refinery Deal To Boost Capacity

Nigeria's Forte Oil In Talks On Refinery Deal To Boost Capacity
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Kemp: Macroeconomic Risks For The Oil Industry

The global oil industry now appears to be in the early stages of a cyclical expansion which is likely to see prices rise over the next few years, slowly at first but then accelerating later.
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Shale Boom Slows as Investor Enthusiasm for Permian Fades

Oil explorers reduced rigs drilling in US oilfields this week, fueling optimism that a shale slowdown and OPEC production cuts will be enough to deflate a glut and strengthen crude prices.
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US Jobs Report: Mining and Oil, Gas Employment Unchanged in July

Jobs in mining remained steady in July, the US Bureau of Labor Statistics reveals.
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Russian Oil Giant Lends Support to Venezuela Oil Company

Russia's largest oil company disclosed another advance payment to Venezuela's state producer after the US sanctioned President Nicolas Maduro on Monday.
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Keystone Foes Duck Climate in Red State Oil Pipeline Battle

You won't hear climate coming from Keystone XL foes as they argue against TransCanada's push to get the final state approval needed to build the pipeline.
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