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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 3 months 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 3 months 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 3 months 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 3 months 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 4 months agoLink > CrudeOil pricesBrent +7

Your Weekly Update: 10 - 14 December 2018

There is so much shale liquids sloshing underneath the Permian formation in Texas and New Mexico, that even though it has already upended global crude market and turned the USA into the world's largest crude producer, there is still so much of it trapped inland, unable to make the 800km journey to ...

Hui Shan


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

Well Testing Uncertainties Online (Simple Version)

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Ali Azi


Posted 4 months agoLink > welltestinguncertaintyWell testing +6

Cable Cleats | Cable Clamps | Cable Hangers 11kV 33kV HV Cable Cleats

Selection of cable cleats should consider several key factors:Other factors include cable type, ratings, power system design, cable management/containment structure and installation environment – complete ranges of single cable cleats, trefoil cable cleats, quad cleats or bespoke engineered and de ...

Chris Dodds


Posted 4 months agoLink

Your Weekly Update: 8 - 12 October 2018

However, crude oil with API gravity of 40 to 50 degrees accounted for the largest share of Texas production, at 55%, in 2017. About 90% of North Dakota's 2017 crude oil production had an API gravity of 40 to 50 degrees. In 2017, 7.6 million b/d (96%) of imported crude oil had an API gravity of 4 ...

Hui Shan


Posted 6 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Political Certainty and Policy Discipline, a Way Forward for South Africa

South Africa is now gaining more political certainty, which will be good for investors, however, the key things I see happening this year are the revitalization of the Mineral and Petroleum Resources Development Act (MPRDA) and the challenges around commerciality as well as substantive and procedu ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoLink > cape townSouth AfricaAfrica +9
Last fetch 4/21/2019 11:20:38 AM