SLB, Baker Hughes, and other big oil stocks fell again as markets digested news that Saudi Arabia’s Aramco would pull back on plans to expand capacity.
Saipem SpA (OTCMKTS:SAPMF – Get Free Report) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 11,797,300 shares, a decrease of 37.0% from the December 15th total of 18,722,800 shares. Based on an average trading volume of 400 shares, the […]
With new investors coming into long-standing projects and floating LNG proposals being tabled, Indonesia’s LNG sector may be on the cusp of a rebirth. [Gas in Transition, Volume 3, Issue 10]
The first contract is for the proposed Whiptail oil field development located in the Stabroek block offshore Guyana. The second contract is for the Raia project, the development of a pre-salt gas and condensate field in the Campos basin.