Energy Update
The longer China delays publishing its detailed trade data for April, the more it is feeding speculation about the possible ulterior motives behind withholding the numbers, and hurting credibility.
(Fri, 15 Jun 2018) In the June 2018 update of its <em>Short-Term Energy Outlook</em> (STEO), EIA forecasts Brent crude oil prices will average $71 per barrel (b) in 2018 and $68/b in 2019. The updated 2019 forecast price is $2/b higher than in the May STEO. Brent crude oil spot prices averaged $77/b in May, an increase of $5/b from April and the highest monthly average price since November 2014.
Attendance was greater than ever at the IATA Fuel Forum in London. Ease of location was no doubt a factor, with fuel procurement teams flying in to London from all over the world. However, another factor is the current robust health of the airline industry... for now at least.
In commemoration of Flag Day, PennWell Corp. is partnering with the Folds of Honor Foundation to raise money for military families. The effort is in conjunction with PennWell’s Wall of Honor, a traveling wall highlighting the names of our military service personnel (past and present) and displayed at all PennWell power generation events in North America. The wall displays the branch, the company and the name of each person honored.
The Asia-focused resource development firm said that it has started the necessary farm-in activities of the Kochang JV agreement with Southern Gold. Bluebird Merchant Ventures CEO Colin Patterson
Financial terms of the deal were not revealed by Golden Share and Forum, which had equally funded the acquisition with a plan to form a 50:50 joint venture.
The post Golden Share, Forum acquire mineral claims in Afton Vanadium Deposit appeared first on Compelo.
The funding will support development of a next-generation molten salt pump that meets the performance requirements for use in Terrestrial Energy’s Integral Molten Salt Reactors (IMSR) and other
The program will include multiple holes focused on high-priority targets within a 700m mineralized corridor identified during the previous drill program. With its proximity to nearby very large
The post Fission 3.0 unveils drill program on PLN project in Canada appeared first on Compelo.
The expansion project involves construction of two natural gas liquids (NGL) fractionators each with a capacity of 150,000 barrel per day (bpd) at the Sweeny Hub, as well
Catalyst also announces that it has signed a contract to secure the Transocean Leader to drill the well on Agar Plantain in Q3 2018. Cairn will join Catalyst
The post Azinor Catalyst farms-out Agar Plantain to Cairn Energy appeared first on Compelo.
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