Crude oil prices began trade this week with a gain, driven higher by the latest economic update from China, which showed manufacturing activity expanded at the fastest in three months in February, suggesting a bright demand outlook.
Oilfield services major Halliburton Co. and Sekal AS said they have delivered the world’s first automated on-bottom drilling system, which integrated Halliburton’s LOGIX automation and remote operations, Sekal’s Drilltronics, and the rig automation control system.
Curious Minds Corner
What is the name of the largest oil refinery in the world?
The largest oil refinery in the world is the Jamnagar Refinery in India.