Affiliates of the two companies have entered into an agreement to jointly develop a futures contract for the physical delivery of crude oil in the Houston area.
Nick joined Palladian Publications in January 2018 after graduating from the University of Edinburgh with a degree in History, including a year abroad at the University of Delhi. After an enjoyable stint as Digital Editorial Assistant, in May 2019 he became Assistant Editor of Oilfield Technology.
Outside of work Nick enjoys cross-country running, whipping up the occasional curry and travelling.
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Latest articles by Nicholas
Penspen has been awarded a detailed engineering contract from Target Engineering Construction Company in Abu Dhabi, UAE.
As part of the transaction, Petroleum Service Corp. will absorb Fryoux's tankerman operations along the US Gulf Coast.
BP Australia has announced that it will cease fuel production at its Kwinana Refinery in Western Australia and convert it to an import terminal.