Archive for News analysis

Hess Named to Dow Jones Sustainability Index (DJSI) N. America

Hess Named to Dow Jones Sustainability Index (DJSI) N. America

September 17, 2019 No Comments

Hess has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the tenth consecutive year. The index, which recognizes public companies for outstanding performance across economic, environmental and social factors, is used as a reference by shareholders who consider sustainability when making investment decisions. Only the most sustainable companies in […]

Etihad Stadium leading the way toward greener future

Etihad Stadium leading the way toward greener future

September 16, 2019 No Comments

A new study from FOOTY.com has named the Etihad the greenest stadium in the world. The study, which scored the stadiums of domestic winners for their eco-incentives, found the UK’s Man City ground to be doing the most to make the world a more environmentally friendly place. Out of a possible score of 90, the […]

Crude prices Rise

Crude prices Rise

September 16, 2019 No Comments

The price of OPEC basket of fourteen crudes stood at $60.02 a barrel on Friday, compared with $60.51 the previous day, according to OPEC Secretariat calculations. Oil prices surged Monday after an attack on Saudi Arabia’s largest oil processing plant halted output of more than 5.7 million barrels of crude a day. WTI U.S. crude […]

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Drone attack on Saudi Arabia is a ‘turning point’ for world fuel supplies

Drone attack on Saudi Arabia is a ‘turning point’ for world fuel supplies

September 16, 2019 No Comments

The drone attacks on a refinery and an oil field in Saudi Arabia disrupted the supply of some 5.7million barrels per day, or 5 per cent of global supply, with experts warning that petrol prices could rise by up to 24 cents per gallon in the US and four pence per litre in the UK […]

Shale Slowdown Affects U.S. Oil & Gas Jobs

Shale Slowdown Affects U.S. Oil & Gas Jobs

September 16, 2019 No Comments

The US economy is rapidly deteriorating and currently experiencing a growth rate cycle downturn in employment, industrials, and inflation. One reason for the slowdown could be due to the oil and gas industry. Reuters reports oil and gas employment has declined as producers and service firms quickly cut back on operations due to a sharp […]

Japan Minister wants to scrap nuclear power

Japan Minister wants to scrap nuclear power

September 16, 2019 No Comments

Japan’s newly appointed environment minister has said he wants to “scrap” nuclear power plants, warning of the need to avoid a repeat of the 2011 Fukushima nuclear disaster. The comments from Shinjiro Koizumi, a rising political star and son of former Prime Minister Junichiro Koizumi, are his first on the controversial issue since he was […]

Court Orders Dome to Transfer Final 20% of Reid’s Dome Project PL 231 to State Gas

Court Orders Dome to Transfer Final 20% of Reid’s Dome Project PL 231 to State Gas

September 16, 2019 No Comments

Brisbane-based gas developer State Gas Limited (ASX:GAS) is pleased to advise on the outcome of proceedings in the Supreme Court of Queensland in respect of its acquisition of the final 20% interest in PL 231 and the Reid’s Dome Joint Venture. Highlights State Gas Limited successful in Supreme Court action to acquire final 20% interest […]

Houthi drone attacks on Saudi oil facilities

Houthi drone attacks on Saudi oil facilities

September 15, 2019 No Comments

Officials at Saudi Press Agency said on Saturday the blazes at the facilities in Abqaiq, which has a estimated crude oil processing capacity of 7 million barrels per day (bpd) and Khurais were under control. “At 4.00am (01:00 GMT) the industrial security teams of Aramco started dealing with fires at two of its facilities in […]

Xenophobia:, Nigerians repatriated from South Africa after attacks

Xenophobia:, Nigerians repatriated from South Africa after attacks

September 12, 2019 No Comments

Nigerian airline to return more than 600 nationals Nigeria began repatriating more than 600 of its citizens from South Africa following a wave of deadly xenophobic attacks that soured relations among neighbouring nations.Nigerians, Ethiopians, Congolese, and Zimbabweans were attacked, according to local media. Private Nigerian airline Air Peace volunteered to fly people for free back […]

Nigeria FG to Deliver Four FIDs

Nigeria FG to Deliver Four FIDs

September 12, 2019 No Comments

The Federal Government has revealed plans to deliver Final Investment Decisions (FIDs) on at least four key projects within the nation’s oil and gas industry by the end of last quarter this year. Minister of State for Petroleum Resources, Chief Timipreye Sylva, who represented the President of the Federal Republic of Nigeria disclosed this while […]

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