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Month: August 2019

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Oil price Friday 30th of August 2019

RBOB Gasoline Physical Futures, Continuous Contract #1 (RB1) (Front Month) Historical Futures Prices: RBOB Gasoline Physical Futures, Continuous Contract #1. Non-adjusted price based on spot-month continuous contract calculations. Raw data from CME. Date Open High Low Last Change Settle Volume Previous Day Open Interest 2019-08-30 1.6828 1.6845 1.5985 1.6096 0.0713 1.6134 5512 4836 Crude Oil...

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Sodexo announces management changes

Sodexo announces management changes

Simon Seaton has been appointed Sodexo’s CEO, Energy & Resources Worldwide. Sodexo, world leader in Quality of Life Services, reported its revenues for the first quarter of Fiscal 2019. Companies joining forces are investing a combined total of over 1 billion USD in more than 50 current. He is also joining the Sodexo Group executive...

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IPAA endorses Trump administration’s natural gas and oil production regulatory revision

IPAA endorses Trump administration’s natural gas and oil production regulatory revision

EPA’s announcement of changes from the Obama-era methane regulations. The IPA Freedom to Publish Committee (FtPC) is responsible for picking the shortlist and final winner. The Geneva-based International Publishers Association (IPA) launches its call. It including the change of the regulated emission from methane to volatile organic compounds (VOC). The International Publishers Association welcomes the...

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Borr Drilling taps RigNet for managed communications services

Borr Drilling taps RigNet for managed communications services

RigNet has signed a multi-year agreement with Borr Drilling, a global offshore drilling contractor. Company has placed USD350 million of convertible bonds with a coupon of 3.875% per annum. The original ordering price of the rig was approximately USD240 million. Borr Drilling owns and operates jack-up rigs of modern. It’s operating revenues of $86.6 million,...

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BP focuses on deepwater, shale in historic shift south from Alaska

BP focuses on deepwater, shale in historic shift south from Alaska

BP has closed one chapter in its U.S. business, exiting Alaska decades. BP’s mergers and acquisitions (M&A) team is increasingly targeting new low carbon opportunities too. It’s developing a nationwide ultra-fast charging network is just the latest development for BP Chargemaster. The old BP discovered billions of barrels of oil on the country’s farthest frontier....

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Perupetro, Searcher Seismic agree on offshore Peru multi-client campaign

Perupetro, Searcher Seismic agree on offshore Peru multi-client campaign

Searcher Seismic has reached agreement with Perupetro to produce four new multi-disciplinary projects. Peru plans to lower the royalty payments it receives from oil companies. Three foreign oil companies that had originally signaled interest in Peru’s biggest oil. Confident interpretation, regional reconstruction and play level evaluation will be delivered to participants. Peru’s state agency for...

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Oil price Thursday 29th of August 2019

RBOB Gasoline Physical Futures, Continuous Contract #1 (RB1) (Front Month) Historical Futures Prices: RBOB Gasoline Physical Futures, Continuous Contract #1. Non-adjusted price based on spot-month continuous contract calculations. Raw data from CME. Date Open High Low Last Change Settle Volume Previous Day Open Interest 2019-08-29 1.7004 1.7032 1.6624 1.684 0.0023 1.6847 16481 13249 Crude Oil...

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Alaska is the biggest bet yet for Texas’ anti-shale oil billionaire

Alaska is the biggest bet yet for Texas’ anti-shale oil billionaire

Texas oilman Jeffery Hildebrand became a billionaire by shunning the shale revolution. Calmer winds and reinforcements from out of state have helped firefighting crews get a better handle. The Alaska State Fair will no longer have trains to carry fairgoers to. Now, he’s making his biggest bet yet Alaska just as shale producers run out...

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Oil price Wednesday 28th of August 2019

RBOB Gasoline Physical Futures, Continuous Contract #1 (RB1) (Front Month) Historical Futures Prices: RBOB Gasoline Physical Futures, Continuous Contract #1. Non-adjusted price based on spot-month continuous contract calculations. Raw data from CME. Date Open High Low Last Change Settle Volume Previous Day Open Interest 2019-08-28 1.6626 1.7 1.6546 1.7 0.0325 1.6824 18698 20218 Crude Oil...

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TechnipFMC to split, spinning off onshore, offshore segments

TechnipFMC to split, spinning off onshore, offshore segments

Company seeing the beginning of a shaping of industry. TechnipFMC announced that company will open a new facility in Speers, Pennsylvania. TechnipFMC recently partnered with Argentine oil and gas producer YPF S.A. TechnipFMC celebrated the first steel cut of the manifolds and subsea structures for CNOOC’s Liuhua 16-2 Oilfields development. TechnipFMC is preparing for the...

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