Link

Your Weekly Update: 11 - 15 February 2019


  • With the last of the financial results from supermajors released, the world's largest oil firms reported strong profits for Q418 and blockbuster profits for the full year 2018.
  • Full year net profit was even better – up 5.7% to US$20.8 billion as upstream production rose to 4.01 mmboe/d – allowing ExxonMobil to come close to reclaiming its title of the world's most profitable oil company.
  • Shell's fellow British firm BP also reported its highest profits since 2014, doubling its net profits for the full year 2018 on a 65% jump in 4Q18 profits.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit original link

https://nrgedge.net/article/1550206369-your-weekly...

weekly news updateweekly updateOilgasCrudenrgedgeHydrocarbon

More items from huishan


Your Weekly Update: 8 - 12 July 2019

Weakening global oil demand and strong supply growth in the United States contributed to global petroleum and other liquid fuels inventory builds in the first half of 2019 and limited any sustained upward pressure on crude oil prices. EIA expects that the combination of strong growth in U.S. and ...

Hui Shan


Posted 4 days agoLink > Oiloil and gas newsOil and Gas Industry +7

TODAY IN ENERGY: U.S. utility-scale battery storage power capacity to grow substantially by 2023

Weakening global oil demand and strong supply growth in the United States contributed to global petroleum and other liquid fuels inventory builds in the first half of 2019 and limited any sustained upward pressure on crude oil prices. EIA expects that the combination of strong growth in U.S. and ...

Hui Shan


Posted 5 days agoLink > StorageElectricityEnergy +1

This Week in Petroleum: Crude oil prices are forecast to remain relatively flat

Weakening global oil demand and strong supply growth in the United States contributed to global petroleum and other liquid fuels inventory builds in the first half of 2019 and limited any sustained upward pressure on crude oil prices. EIA expects that the combination of strong growth in U.S. and ...

Hui Shan


Posted 5 days agoLink > OilpetroleumSTEO +2

TODAY IN ENERGY: In 2018, 90% of the natural gas used in the United States was produced domestically

EIA's U.S. natural gas flow diagram helps to visualize the elements of U.S. natural gas supply (production, imports, and withdrawals from storage) and disposition (consumption, exports, and additions to storage). U.S. natural gas production and consumption have both generally increased since the ...

Hui Shan


Posted 6 days agoLink > ProductionsupplyConsumption +6

Re-awakening the Neutral Zone

The Wafra field was discovered in 1953, and in 1960, Japan's Arabian Oil Company (which held an offshore concession awarded by Saudi Arabia in 1957 and another awarded by Kuwait in 1958) discovered the giant Khafji offshore field. The unique status of the Neutral Zone is exemplified by its struct ...

Hui Shan


Posted 7 days agoLink > saudiKuwaitNeutral Zone +5
All posts from huishan