BOURBON: Press release – Update on the research operations fo the Bourbon Rhode crew

Marseilles, October 8, 2019                                                                       Update on the search operations of the Bourbon Rhode crew Following reports by two seafarers onboard the Alp Striker during the night of Sunday to Monday, of signals that they interpreted as potentially emanating from a distress flare, the vessel immediately set a course for the [Read more]

Source: BOE Report

OPEX Group Supports New Data Science Graduate Apprenticeship

OPEX Group, an Aberdeen-based provider of data science and predictive analysis services, has shown commitment to attracting fresh talent into the oil and gas industry by supporting Robert Gordon University’s (RGU) newly launched Graduate Apprenticeship in Data Science.

Demand for data science and data analysis skills across all industries has grown significantly in recent years, with the European Commission forecasting ...

Source: Oil and Gas Technology’s News Feed

World stocks run out of steam amid trade jitters

A two-day global stocks rally ran out of steam on Tuesday while major bond yields came under pressure and the dollar was on the back foot as concerns over China-U.S. trade talks and disappointing European earnings doused investors' optimism. The pan-European STOXX 600 index slipped 0.4%. Germany's trade-sensitive DAX declined 0.5%, with data showing an [Read more]

Source: BOE Report

U.S. REFINERY FILING – SHELL MARTINEZ REFINERY

(This item is an automated alert generated directly from a government database of environmental notices filed by energy companies. It may be followed by a news story depending on the severity of the incident's impact on operations.) REFINERY FILING – SHELL MARTINEZ REFINERY Description: fLARING EVENT, process unit shut down, stopped, unit shut down, de [Read more]

Source: BOE Report

Occidental Pays Record Rate To Ship Oil As Supertanker Rates Soar

Occidental Petroleum has chartered the Very Large Crude Carrier Maran Andromeda to carry oil to South Korea for a record-setting price of $13.25 million, Reuters sources said on Monday. The crude oil is set to leave the United States on November 20. Freight rates to Asia have climbed to new heights after the United States sanctioned several Chinese tanker ...

Source: Oilprice.com

It’s All Or Nothing For Oil As Trade Talks Restart

The stakes are high for the global economy as U.S. and Chinese negotiators restart trade talks this week after months of silence and tit-for-tat tariff increases. As economic growth continues to slow, both China and the U.S. have motivations to reach some sort of accord that eases the trade war. In recent weeks good-will gestures raised hopes that ...

Source: Oilprice.com

Brimming Storage And No Buyers: Venezuela’s Oil Production Tanks

Venezuela’s oil production took another hit in recent days, as the country struggles with brimming storage tanks and no buyers. PDVSA slashed output in the Orinoco Belt to just 200,000 bpd, according to Bloomberg, after averaging roughly double that for much of this year. The lack of space in storage forced production cuts, including at joint venture projects, where output ...

Source: Oilprice.com

Biloxi Marsh Lands Corporation Announces Release of Comprehensive and Innovative Report Covering the Biloxi Marsh Complex located in St. Bernard Parish, Louisiana

METAIRIE, La.–(BUSINESS WIRE)–Biloxi Marsh Lands Corporation (PINK SHEETS:BLMC), in conjunction with Lake Eugenie Land & Development, Inc., has compiled and released its report; New Information Supporting the Stabilization and Restoration of the Biloxi Marsh Complex: A Unique and Distinct Ecosystem. The study verifies that the Biloxi Marsh Complex (BMC) mainly suffers from peripheral and internal [Read more]

Source: BOE Report