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Chesapeake cuts workforce prior to sale of South Texas oil assets

Chesapeake Energy has laid off nearly 3% of its workforce ahead of its potential sale of oil properties in South Texas.

Eagle fordUnited statesNick dellossoChesapeake energyWildhorse resource developmentOil gasEquipment for oilRetina creativeSouth texasChief oilPassive fire protection systemsFire sealsSingle lifte housesLiving quartersMulti purpose buildingsLifting equipment

Asia to lead global propylene capacity additions

According to GlobalData's report, global propylene capacity is said to grow considerably in the coming years, with Asia leading additions.

United statesAmurskaya oblastSite machining servicesCarbon holdingsIneos ltdNational petrochemical coEquipment for oilShandong yulong petrochemical ltdGlobal propylene capacityCapital expenditure outlookMiddle eastYulong petrochemical ltdNorth americaFormer soviet unionPropylene plantClamp connectors

Equinor begins production from Phase 2 of Peregrino field offshore Brazil

Norway’s oil major Equinor has started production from the Phase 2 development of the Peregrino heavy oil field offshore Brazil.

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OPEC+ reduced oil supplies could result in global recession, IEA warns

International Energy Agency says that a fall in OPEC oil supplies risks global energy security.

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The US dominates underground working gas storage capacity in North America

As of September 2022, North America had 464 active underground gas storage sites, with a working gas capacity of 5,805 billion cubic feet.

United statesClear lakePpm oil in water analysersEquipment for oilNorth americaFormer soviet unionCapital expenditureAll active plantsAnnounced projectsWest clear lakeNorth lansingAitken creekLifting equipmentWater analysersPassive fire protection systemsFire seals

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