Colver Technologies says Ecuador is buckling under the pressure of low oil prices as OPEC led by Saudi Arabia maintains supply glut. According to Colver Technologies, South American oil producer, Ecuador, is feeling the strain as OPEC (Organization Of Petroleum Exporting Countries), de facto led by Saudi Arabia, insists on maintaining high production levels in […]
Colver Technologies Reports Oil Trading At 3 Month Lows
Colver Technologies: The ongoing supply glut continues to frustrate the market’s attempt to stage a sustainable rally. According to Colver Technologies, the ongoing supply glut in crude oil continues to frustrate any attempts by the market to stage a meaningful rally and with WTI briefly breaching the $40-a-barrel level to the downside recently, consensus across […]
Colver Technologies Reports Turkmenistan To Increase Gas Exports
Colver Technologies: The Central Asian country plans to increase output to 230bn cubic meters by 2030. According to Colver Technologies, TurkmenGaz, the state-owned oil and gas conglomerate of Central Asian nation , Turkmenistan is to ramp up gas production to 230 billion meters within the next 15 years according to comments made by its CEO […]
Oil Major Deal Greenlit for Colver Technologies
Colver Technologies says it has been invited to sign a contract with a subsidiary of European oil major ENI. Liaoning, China-based small scale gas-to-liquids solutions provider, Colver Technologies says it has been formally invited to sign a contract which will see it supply its modular Fischer-Tropsch-based reactors to Rome, Italy-based integrated oil and gas energy […]
Colver Technologies Discredits ‘Insider’ IPO Rumor
Colver Technologies has vehemently denied allegations made by a former employee that the company is close to announcing an IPO. Colver Technologies is repeating its vehement denial of an impending IPO that would see its shares traded on a public stock exchange. The company’s third formal denial this year comes after a former employee leaked […]
Colver Technologies Reports Big Oil To Cut Capex Further In 2016
Colver Technologies says it expects oil majors to continue to cut capital expenditure next year as oil glut persists. Colver Technologies reports that it expects major oil companies to continue to cut capital expenditure in 2016 as the global oil supply glut shows no signs of ending. Most large oil companies have been feeling the […]
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