Energy Update
Petrofac’s differentiated approach to decommissioning, in support of Tullow Oil’s well plugging and abandonment campaign in the Southern North Sea (SNS), has delivered significant results and saved $2.5m compared to traditional approaches.
MOSCOW, Sept 25 (Reuters) - Reaching an agreement to
stabilise global oil prices, including a possible deal to freeze
output, is "non-critical" for Russia, its Energy Minister
Alexander Novak was quoted by Russian news agencies as saying on
Sunday.
AMMAN, Sept 25 (Reuters) - Warplanes bombed a strategic camp
on the northern edge of Aleppo on Sunday as Syrian government
and rebel forces battled for control of the high ground in a
Russian-backed offensive that has left Washington's Syria policy
in tatters.
ALGIERS, Sept 25 (Reuters) - All options are possible for
OPEC concerning an output cut or freeze with producers agreed on
the need to stabilize the market, Algerian Energy Minister
Noureddine Bouterfa said on Sunday.
ALGIERS, Sept 25 (Reuters) - All options are possible for
OPEC concerning a cut or freeze of output with oil producers
agreed on the need to stabilize the market, Algerian Energy
Minister Noureddine Bouterfa said on Sunday.
AMMAN, Sept 25 (Reuters) - Russian and Syrian forces bombed
a strategic camp on the northern edge of Aleppo on Sunday after
losing control of it overnight, both rebels and the Syrian army
said.
ALGIERS, Sept 25 (Reuters) - Algeria plans to allow its
dominant state banks to list on the local stock exchange to help
develop its financial markets and diversify sources of funding
after the oil price slide, a senior financial official said.
MEXICO CITY, Sept 24 (Reuters) - A fire broke out on an oil
tanker of Mexican state oil company Pemex in the Gulf of Mexico
on Saturday, forcing all the crew to be evacuated in the latest
accident to plague the struggling firm.
QUITO, Sept 24 (Reuters) - Ecuadorean President Rafael
Correa said on Saturday he hopes OPEC countries will reach an
agreement to stabilize the oil market at the upcoming meeting in
Algeria, warning of "serious risks" for the group if they do
reach a deal.
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