Month: November 2020

(Bloomberg) — China’s third-biggest oil company faces a U.S. blacklist, which could spur major outflows from its Hong Kong-listed unit, after years of involvement in offshore drilling in disputed South China Sea waters. China National Offshore Oil Corp., the nation’s main deepwater explorer, is among four companies to be added to a list of firms
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U.S. Big Oil majors are behind their European counterparts in carbon strategies, and the U.S. shale market will remain one of the key drilling regions globally. David McNew | Getty Images LONDON — Oil-producing group OPEC, and its allies, will likely delay an output hike at its meeting this week as it weighs positive vaccine
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Here are some of Rigzone’s top upstream stories during the last week, just in case you missed them… Seadrill Wins GOM Contracts Seadrill revealed that Walter Oil & Gas awarded the company one firm, plus one optional, well contract for the Sevan Louisiana semi-submersible rig in the U.S. Gulf of Mexico (GOM) and that Kosmos
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By Simon Alvarez Posted on November 28, 2020 Tesla’s upcoming battery cell production facility in Germany, which will be built within the Gigafactory Berlin complex, will likely result in 10,000 more jobs in the state, according to estimates. This should help make Tesla’s presence in Germany even more attractive for job-seekers, especially considering that the
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The Harley-Davidson LiveWire electric motorcycle doesn’t have big sales yet, but CEO Jochen Zeitz recently remarked during an earnings call, “It’s also attracting new riders, new customers to the brand that might not have considered Harley-Davidson before.” Source: Harley-Davidson Tesla reached a $500 billion market valuation this week, a sign of its dominance in the
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(Bloomberg) — Saudi Arabia and Russia summoned OPEC+ ministers who oversee their oil production cuts for last-minute talks on Saturday, as the cartel prepares for a decision on whether to delay January’s output increase. A clear majority of OPEC+ watchers expect the group to maintain their supply curbs at current levels for a few months longer due
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