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Your Weekly Update: 13 - 17 January 2020

In the U.S. Energy Information Administration's (EIA) January Short-Term Energy Outlook (STEO), EIA forecasts that the Brent crude oil spot price will average $65 per barrel (b) in 2020 and $68/b in 2021 (Figure 1). EIA forecasts an average global stock build of 520,000 b/d in the first half of t ...

Hui Shan


Posted 5 months agoLink

EIA forecasts slower growth in natural gas-fired generation while renewable energy rises

In the U.S. Energy Information Administration's (EIA) January Short-Term Energy Outlook (STEO), EIA forecasts that the Brent crude oil spot price will average $65 per barrel (b) in 2020 and $68/b in 2021 (Figure 1). EIA forecasts an average global stock build of 520,000 b/d in the first half of t ...

Hui Shan


Posted 5 months agoLink

The Supporting Cast: How to Make a Horizontal Pump + Ancillary Equipment = A Pumping System

Foundation design and piping support are also part of thepump system. A properfoundation for a HOSS unit consists of thick concrete and rebar, it's not complex and not amajor cost in the total system design, but does ensure pump longevity. It'sdifficult to diagnose or control a pump system if th ...

Jonny Sleiman


Posted 5 months agoLink > Centrifugal PumpHorizontalVariable Speed Drive +2

EIA forecasts that crude oil prices will fall during the first half of 2020, then increase through 2021

Options for the oil and gas sectorTo play its part in mitigating climate change to the degree required, the oil and gas sector must reduce its emissions by at least 3.4 gigatons of carbon-dioxide equivalent (GtCO2e) a year by 2050, compared with “business as usual” (currently planned policies or t ...

Hui Shan


Posted 5 months agoLink

EIA expects lower natural gas prices in 2020 as production outpaces demand

Options for the oil and gas sectorTo play its part in mitigating climate change to the degree required, the oil and gas sector must reduce its emissions by at least 3.4 gigatons of carbon-dioxide equivalent (GtCO2e) a year by 2050, compared with “business as usual” (currently planned policies or t ...

Hui Shan


Posted 5 months agoLink

Oil Prices Refocus Back To Supply Issues

Options for the oil and gas sectorTo play its part in mitigating climate change to the degree required, the oil and gas sector must reduce its emissions by at least 3.4 gigatons of carbon-dioxide equivalent (GtCO2e) a year by 2050, compared with “business as usual” (currently planned policies or t ...

Hui Shan


Posted 5 months agoLink

SHORT-TERM ENERGY OUTLOOK

Options for the oil and gas sectorTo play its part in mitigating climate change to the degree required, the oil and gas sector must reduce its emissions by at least 3.4 gigatons of carbon-dioxide equivalent (GtCO2e) a year by 2050, compared with “business as usual” (currently planned policies or t ...

Hui Shan


Posted 5 months agoLink

The future is now: How oil and gas companies can decarbonize

Options for the oil and gas sectorTo play its part in mitigating climate change to the degree required, the oil and gas sector must reduce its emissions by at least 3.4 gigatons of carbon-dioxide equivalent (GtCO2e) a year by 2050, compared with “business as usual” (currently planned policies or t ...

Hui Shan


Posted 5 months agoLink

Toward a net-zero future: Decarbonizing upstream oil and gas operations

A trio of emission-intensity driversStudying the emission intensity of upstream oil and gas assets reveals that three structural factors drive their “well to pipe” emission intensity. Third, routine flaring and venting, if prevalent, can contribute 40 percent of the carbon intensity of hydrocarbo ...

Hui Shan


Posted 5 months agoLink

U.S. oil and natural gas proved reserves and production set new records in 2018

Just as quickly as they spiked, crude oil prices have now fallen back to their lowest levels in 6 weeks, trading at the subdued levels seen in late November before the OPEC+ club announced its renewed oil supply deal. Despite assassinations, embassy stormings and ballistic missile retaliations, t ...

Hui Shan


Posted 5 months agoLink > ProductionsuppplyReserves +5

Your Weekly Update: 6 - 10 January 2020

These narrow trading ranges occurred as a result of offsetting upward and downward price pressures, despite the largest single-day price increase since 2008, which followed the September attacks on Saudi Arabia's crude oil production and processing infrastructure. In 2019, several factors, includ ...

Hui Shan


Posted 5 months agoLink > oil and gas companiesHydrocarbonweekly news update +1

Natural gas prices in 2019 were the lowest in the past three years

These narrow trading ranges occurred as a result of offsetting upward and downward price pressures, despite the largest single-day price increase since 2008, which followed the September attacks on Saudi Arabia's crude oil production and processing infrastructure. In 2019, several factors, includ ...

Hui Shan


Posted 5 months agoLink > pricesnatural gasEIA

Emerging Middle East Proxy War And Oil Prices

These narrow trading ranges occurred as a result of offsetting upward and downward price pressures, despite the largest single-day price increase since 2008, which followed the September attacks on Saudi Arabia's crude oil production and processing infrastructure. In 2019, several factors, includ ...

Hui Shan


Posted 5 months agoLink > IranIraqAmerica +6

This Week in Petroleum: Crude oil prices in 2019 were generally lower than in 2018

These narrow trading ranges occurred as a result of offsetting upward and downward price pressures, despite the largest single-day price increase since 2008, which followed the September attacks on Saudi Arabia's crude oil production and processing infrastructure. In 2019, several factors, includ ...

Hui Shan


Posted 5 months agoLink > ConsumptionDemandCrude oil +6
Last fetch 7/3/2020 8:35:58 PM