Uzbek President Shavkat Mirziyoev is in Beijing to meet with Chinese leader Xi Jinping for a high-profile state visit intended to lay the groundwork for strong ties between the two countries. In an article signed by Mirziyoev that appeared in Chinese state media ahead of the trip, the Uzbek leader praised China’s model of economic development and said relations between the two countries are experiencing “new historical heights” that will allow him to use the January 23-25 trip to “develop a new long-term... Читать дальше...
Shell plans to convert its oil refinery at the Wesseling site in Germany into a production unit for base oils, the UK-based supermajor said on Friday. Shell Deutschland GmbH has taken a final investment decision (FID) to turn the Wesseling site at the Energy and Chemicals Park Rheinland into a manufacturing facility for Group III base oils, used in making high-quality lubricants such as engine and transmission oils. Crude oil processing will end at the Wesseling site by 2025 but will continue at... Читать дальше...
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count rose by 1 to 621 this week, compared to 771 rigs this same time last year. The number of oil rigs rose by 2 this week after falling 2 last week, settling at 499--down by 110 compared to this time last year. The number of gas rigs fell by 1 this week to 119, a loss of 41 active gas rigs from this time last year. Miscellaneous rigs stayed at 3. Читать дальше...
