CGG has completed a multiclient geophysical study of a sparsely explored area offshore the Philippines. Source: News

US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, declined 200,000 bbl during the week ended Mar. 10 compared with the previous week’s total, according to according to the US Energy Information Administration’s Petroleum Status Report. Source: News

Total SA started production at Moho Nord field 75 km offshore Pointe-Noire, Congo (Brazzaville). The project was designed with a production capacity of 100,000 boe/d. Source: News

Light, sweet crude oil for April declined moderately on the New York market to close under $48/bbl Mar. 14 while Brent crude oil for May also fell on the London market to below $51/bbl. Oil prices were rising Mar. 15 pending release of the weekly US oil and product inventory report. Source: News

US Environmental Protection Agency Administrator Scott Pruitt signed an administrative stay to delay the agency’s chemical plant risk management rule’s effective date until June 17. Source: News

Iran’s state-owned Ahdaf Management Services Development Co. PLC has let contracts to Hyundai Motor Group of South Korea subsidiaries Hyundai Engineering Co. Ltd. and Hyundai Engineering & Construction Co. Ltd. to jointly build the second phase of Kangan Petro Refining Co.’s (KPRC) South Pars 12 petrochemical project in Pars Special Economic Energy Zone, Tonbak, Boushehr […]

The Trump administration will have only limited success in pursuing its ambitious US energy infrastructure improvements unless federal regulatory agencies do a better job coordinating their reviews of proposed transportation projects, witnesses told the US Senate Energy and Natural Resources Committee on Mar. 14. Source: News