Taking the oil

At least Donald Trump wants oil. While seeking the Republican presidential candidacy, he lays claim to oil with characteristic intemperance. That he wants oil nevertheless implies that he sees value in the substance. Neither Democratic candidate even wants it. Source: News


Working through the downturn

Under normal market conditions, an exploration editor need not reach too far to find a topic worthy of writing on. These are not normal market conditions. Source: News


US rig count down 27 units; firms plan to shed more units

The latest drilling dive continued during the week ended Feb. 19, with the US rig count shedding 27 units to bring the current total to 514, Baker Hughes Inc. reported. All but one of those units targeted oil. Source: News


Cyprus planning third licensing round

The government of Cyprus plans a third round of offshore oil and gas licensing, according to press reports. Source: News


Statoil lets contract for Norwegian processing plants

Statoil ASA has let a long-term contract to Prezioso Linjebygg AS of France to provide insulation, scaffolding, and surface treatment (ISO) maintenance services at the Sture and Kollsnes processing plants in western Norway. Source: News


Calumet wraps Montana refinery expansion

Calumet Specialty Products Partners LP, Indianapolis, has completed a long-planned project to more than double crude processing capacity at subsidiary Calumet Montana Refining LLC’s refinery in Great Falls, Mont. Source: News