News / International
Honeywell Launches New Risk Assessment System for Refineries, Power Plants
Honeywell Process Solutions (HPS) has launched the first digital dashboard designed to proactively monitor, measure and manage cyber security risk for control systems for refineries, power plants and other automated production sites throughout the world that are at increasing risk of cyber-attack.
Brazil’s Petrobras Says Scandal Cost Company Over $2Bn
Brazil’s national oil company said a graft scandal cost it 6.2 billion reais ($2.1 billion) after a five-month internal debate that shut off access to bond markets, cost the chief executive her job and destabilized the country’s politics.
Canadian Banks Liable to US Shale Producers After Plunging Oil Prices
Canada’s biggest banks are on the hook for at least $478 million of the $26 billion owed to U.S. oil and gas firms that bought protection against plunging crude prices.
Nigeria Must Raise Gas Prices to Bridge Looming Gap
Nigeria has to raise its gas prices to attract an estimated $55 billion of investment needed to plug persistent local shortages, Nigerian Gas Association President Bolaji Osunsanya said.
Argentina’s YPF to Ask for Russian Help in Exploiting Country’s Shale
YPF and Russia's powerful Gazprom International are expected to conclude a Memorandum of Understanding (MOU) during Galuccio’s visit to Moscow.
Oil Production From Major US Shale Fields Increases 1% Over February
Oil production from key shale formations in North Dakota and Texas increased by 17,000 barrels per day (b/d), or 1%, in March versus February, according to Bentek Energy, an analytics and forecasting unit of Platts, a leading global provider of energy, petrochemicals, metals and agriculture information.
Puma Energy to Invest $400 Million in Angola Oil Terminal
Puma Energy, whose largest shareholder is commodity trader Trafigura Beheer BV, opened an offshore fueling system in Angola’s capital to expand a terminal that could cost as much as $400 million.
Greece Calls on China for Offshore Oil, Gas Exploration
Greece invited Chinese firms on Monday to bid in a Greek tender for deep-sea oil and gas exploration later this year after Athens extended the bidding process in March.
