Tag: activity
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Oil and gas in America… disappointment in exploration and production activity (article)
Read in this article The US activity is far from the expectations announced by many specialists Great discipline of oilfield services capital leads to higher costs The federal government shows no signs of cutting spending to ease inflationary pressures The availability of labor affects the ability of employers to expand the activity All uncertain economic…
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The largest oil traders in the world are hinting at their return to the activity of selling Moscow crude and its derivatives
The world’s largest oil trader is considering re-expanding the sale of Russia’s crude and oil derivatives again, after a year and more of restricting trade during it due to the Ukrainian war. The CEOs of the Vitol and Trafigura groups revealed their study of resuming extensive commercial dealings in Russian oil and derivatives, without specifying…
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The largest US refineries are regaining their activity, and the rest are still suffering (report)
The largest US refineries are preparing to return to normal activity after the wave of severe storms that disrupted their production subsided over the past weeks, but other refineries are still suffering, prompting Canadian crude to search for new buyers in Asia. The Port Arthur refinery in Texas is preparing to announce the regularity of…