Wednesday, December 25, 2024

Inventory Management News

China's Sinopec Starts Hiring for New Risk Management Unit

Sinopec Logo: Image by Alexey Novikov - AdobeStock

China Petrochemical Corp, or Sinopec Group, has started hiring for six top management positions for a new commodities risk management unit, according to a statement posted on the state energy company's…

CWind Digitizes with CrewSmart

Photo courtesy of CWind

CWind, part of the Global Marine Group (GMG), a provider of topside, splash zone and subsea engineering services to the offshore renewables and utilities market, it has implemented CrewSmart’s management…

Inatech Opens in Houston

Jean-Hervé Jenn (Photo: Inatech)

Energy trading risk management (ETRM) systems provider Inatech expanded its global operation with a new office in Houston to better support its U.S. clients at a time of unprecedented change in America’s oil markets.“The U.S.

GAC Bunker, ENOC Global Marine Ink Sales Deal

GAC has announced an exclusive partnership between its bunker fuels trading arm GAC Bunker Fuels (GBFL) and ENOC Global Marine. Under the agreement, which was announced during the Posidonia international shipping event in Athens…

Essar Oil UK Agrees New Funding Facilities for Stanlow Refinery

Essar Oil UK has secured new long-term working capital facilities for its Stanlow refinery in the northwest of England, it said on Tuesday, replacing an existing agreement with Barclays Bank. Under the…

Wellsite Rental Services Appoints Faucheaux

Blair Faucheaux

Wellsite Rental Services has appointed Blair Faucheaux as controller. Faucheaux’s responsibilities include the management of all financial matters and support to the management and ownership teams. He will oversee projects such as cost control…

National Oilwell Expects Offshore Rig Demand to Slow

courtesy of National Oilwell Varco

National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, said orders fell by nearly a quarter in the first quarter and it expects demand for new offshore rigs to slow during the second half of the year.