Latest Links


Your Weekly Update: 7 - 11 January 2019

At some point in 2019, crude production in Venezuela will dip below the 1 mmb/d level. PDVSA – once an oil industry crown jewel – has been hammered, from its cargoes being seized by ConocoPhillips for debts owed to the loss of the Curacao refinery and its prized Citgo refineries in the US. But w ...

Hui Shan


Posted 1 month agoLink > Oiloil and gas companiesOil and Gas Industry +2

The Prospects of Venezuelan Oil

At some point in 2019, crude production in Venezuela will dip below the 1 mmb/d level. PDVSA – once an oil industry crown jewel – has been hammered, from its cargoes being seized by ConocoPhillips for debts owed to the loss of the Curacao refinery and its prized Citgo refineries in the US. But w ...

Hui Shan


Posted 1 month agoLink > VenezuelaOilgas +3

Register for Risk Quantification E-Learning.

- Maersk Oil“I liked the fact that the course is very clear and concise, so that you are able to learn a wide range of material in a short amount of time.” - Maersk Oil“I liked the informal tone in which the course is conducted, together with the close presence of teachers through teleconference. ...

NrgEdge Pte Ltd - NrgEdge Pte Ltd


Posted 1 month agoLink > Oilgastraining +4

Beating Africa’s Power Problem: The Issues Holding Africa Back

The issues surrounding Africa's electricity shortages are multifaceted and include decades of neglect in building up country-wide infrastructure, a lack of international investment, poor regulatory frameworks and the difficulty surrounding bankability of power projects. To best understand Kenya's ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 month agoLink > KenyaPowerRegulation

Building on 2018

“As the oil price is steadily rising towards pre-collapse levels, the outlook is positive,” PwC said in its annual Africa Oil & Gas Review released in November 2018. By June 2018, more than $110 billion in global oil and gas projects had been approved since 2017 — a more than 100 percent increase ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 month agoLink > Oil and Gas Productionoil priceOffshore Drilling +10

Beating Africa’s Power Problem: The Surprising Success in Kenya’s Power Sector

As Makhtar Diop, Vice President for the World Bank's Africa region said in the report Linking Up, which specifically calls for private sector investment in Africa's power sector, “If we do not address the underlying reasons preventing Africans from achieving wider access to reliable and affordable ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 month agoLink > KenyaPower

Projects reaching FID in 2019

Cairn Energy and Woodside Energy's much anticipated SNE project is expected to reach FID in early 2019, with the companies submitting the Development and Exploitation Plan to the Ministry for approval in October 2018. Nigeria-based Seplat initially predicted reaching FID by the end of 2018 on the ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 month agoLink > OPECSenegalMauritania +3

Editor’s Top Picks from 2018

Here are some of the top interviews, news and articles from Africa Oil & Power's year of covering the continent's oil and power sectors. Africa is a home to giants — boasting some of the world's top oil and gas discoveries and a wealth of investment opportunities in power generation from oil and ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 month agoLink > NigeriaOPECNOPEC +2

Your Weekly Update: 31 December 2018 - 4 January 2019

The market swang from balanced supply/demand to a supply crunch to a glut – dealing with American sanctions on Iranian crude exports, surging American crude oil production, the implosion of Venezuela's economy and signs that the global economy might be entering a slowdown. Sometime in the first q ...

Hui Shan


Posted 1 month agoLink > Oiloil and gas newsOil and Gas Industry +7

Key Milestones in 2019 for Oil Prices

The market swang from balanced supply/demand to a supply crunch to a glut – dealing with American sanctions on Iranian crude exports, surging American crude oil production, the implosion of Venezuela's economy and signs that the global economy might be entering a slowdown. Sometime in the first q ...

Hui Shan


Posted 1 month agoLink > CrudeOil pricesBrent +5

Is the US a Net Crude Oil Exporter?

The comparison of those two net trade numbers could be construed that the US has became a net exporter of 0.2 mmb/d of crude and finished products for the week. For any other direction, the US is still a net importer of 4 mmb/d of crude oil or in a net deficit of oil supply by 1.9 mmb/d. But mis ...

Hui Shan


Posted 1 month agoLink > CrudeOil pricesBrent +5

Crude Oil Prices in 2019

This is after OPEC+ managed to corral its members together to agree to a 1.2 mmb/d cut in early December – a move that managed to steady oil prices for mere days. If it manages to keep the supply/demand balance aligned, it is conceivable that crude prices could return to those ranges – which unde ...

Hui Shan


Posted 1 month agoLink > CrudeOil pricesBrent +5

Your Weekly Update: 24 - 28 December 2018

In recent years, the growth of power sector has also created an influential demand for the industrial oil market in Bangladesh. The demand from the industrial machinery and equipment application also accounts for a major share of the total engine oil market and is driven by the end-user sectors s ...

Hui Shan


Posted 1 month agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 17 - 21 December 2018

When comparing the financial positions of U.S. oil producers as of the third quarter of 2018 with the third quarter of 2014, most measures of profitability and balance sheet fitness indicate companies should be able to weather the recent price downturn. Given the different price levels, oil compa ...

Hui Shan


Posted 1 month agoLink > Oiloil and gas newsOil and Gas Industry +7

OPEC+ Prevails, For Now

Its reasoning made logical sense – Qatar produces very little crude, so to have a say in a cartel focused on crude was not in its interests, which lie in LNG – but it hinted at deep-seated tensions in OPEC that could undermine Saudi Arabia's attempts to corral members. Split between 800,000 b/d f ...

Hui Shan


Posted 2 months agoLink > CrudeOil pricesBrent +7
Last fetch 2/20/2019 8:48:13 AM