Trump’s executive order emphasizes energy more than environment

US President Donald J. Trump signed a much-anticipated executive order that was directed more at energy than environmental regulation. While it calls for a reevaluation of former President Barack Obama’s Clean Power Plan, which was designed to aggressively reduce carbon emissions, Trump said his Mar. 28 order also will lift the federal coal leasing ban […]


Chevron brings Gorgon Train 3 on stream

A joint venture led by Chevron Australia has begun production of LNG from Train 3 at its Gorgon-Jansz project on Barrow Island in Western Australia. Source: News


MARKET WATCH: NYMEX, Brent crude oil prices rise on Libya supply disruption

The light, sweet crude oil contract for May delivery rebounded modestly on the New York market Mar. 28 to settle at nearly $48.40/bbl after approaching a 4-month low earlier in the week. Analyst said news of an oil disruption in Libya supported oil prices. Source: News


Oil production begins from Flyndre field in North Sea

Maersk Oil has started production from Flyndre field in the UK and Norwegian North Sea. Oil is traveling 25 km via pipeline to the Repsol Sinopec Resources-operated Clyde platform. Source: News