Energy Update
(Tue, 06 Dec 2016) U.S. crude oil production averaged 9.4 million barrels per day (b/d) in 2015, and it is forecast to average 8.9 million b/d in 2016 and 8.8 million b/d in 2017.
SYDNEY, Dec 6 (Reuters) - Adani Enterprises' $16
billion Carmichael mine in Australia's Queensland state is "back
on track", with early construction work due to start in June or
July next year, Adani Australia chief executive Jeyakumar
Janakaraj said on Tuesday.
MEXICO CITY, Dec 5 (Reuters) - Mexico on Monday auctioned
eight out of ten deep water oil and gas blocks up for grabs in
the Gulf of Mexico, and scored a joint venture for a major crude
field in the most hotly-anticipated round of the country's
energy opening so far.
SYDNEY, Dec 6 (Reuters) - Australia's top power and gas
retailer Origin Energy said on Tuesday it will spin off
its interests in conventional oil and gas fields in an initial
public offering expected to be worth at least A$1 billion ($750
million), helping it cut debt.
Tieto has been awarded a contract with Technip to implement a new document management solution across its global Subsea business segment.
Delek Refining has selected Honeywell's new Industrial Internet of Things (IIoT)-based Connected Performance Services (CPS) offering to improve the performance of its refinery in Tyler, Texas.
SNC-Lavalin has been awarded a $100m contract for the engineering, procurement, construction (EPC) and operations of multiple gas compression and dehydration facilities in the Permian Basin, US with an approximate value of from Crestwood Equity Partners.
SAO PAULO, Dec 5 (Reuters) - A Brazilian federal court
issued an injunction to block the sale of the fuels distribution
unit of state oil company Petroleo Brasileiro SA (Petrobras)
after a request by workers, according to the court's press
office.
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