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Your Weekly Update: 30 December 2019 - 3 January 2020

From New Year's Day onwards, a 0.5% sulphur cap (or 500ppm) in fuel will be imposed globally, part of the International Maritime Organization's aim to reduce greenhouse gas emissions from ships by 50% through 2050. In 2008, the IMO set the global upper limit for sulphur in shipping fuels at 3.5% ...

Hui Shan


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

Financial Review: Third-Quarter 2019

From New Year's Day onwards, a 0.5% sulphur cap (or 500ppm) in fuel will be imposed globally, part of the International Maritime Organization's aim to reduce greenhouse gas emissions from ships by 50% through 2050. In 2008, the IMO set the global upper limit for sulphur in shipping fuels at 3.5% ...

Hui Shan


Posted 7 months agoLink

Enter The New Age Of Shipping Fuel

From New Year's Day onwards, a 0.5% sulphur cap (or 500ppm) in fuel will be imposed globally, part of the International Maritime Organization's aim to reduce greenhouse gas emissions from ships by 50% through 2050. In 2008, the IMO set the global upper limit for sulphur in shipping fuels at 3.5% ...

Hui Shan


Posted 7 months agoLink > IMOsulphurBunkering +5

Your Weekly Update: 23 - 27 December 2019

This is where most of Malaysia's oil and gas fields lie, and appeasing the states that became a backbone of the 2018 general election victory is important enough that the Malaysian government is considering selling stakes in its crown jewel Petronas to them. The seeds of Sabah and Sarawak's curre ...

Hui Shan


Posted 7 months agoLink

PETRONAS and the MA63 Conundrum in Brief

This is where most of Malaysia's oil and gas fields lie, and appeasing the states that became a backbone of the 2018 general election victory is important enough that the Malaysian government is considering selling stakes in its crown jewel Petronas to them. The seeds of Sabah and Sarawak's curre ...

Hui Shan


Posted 7 months agoLink > PETRONASMA63 ConundromSabah +2

The Oil and Gas Industry in 2020 – Brief Summary

Attempts by the wider OPEC+ club to minimise the growing glut have only mitigated the situation; the power of these producers to influence the market has diminished as US production has risen. As long as OPEC+ tries to play the good cop in the market – yielding volumes to coerce trends – crude pr ...

Hui Shan


Posted 7 months agoLink > OPECsaudiRussia +4

Your Weekly Update: 16 - 20 December 2019

Year-over-year increases in U.S. proved reserves resulted in record-high levels of crude oil and lease condensate, up 12%, and natural gas up 9% in 2018, according to the U.S. Crude Oil and Natural Gas Proved Reserves, Year-End 2018 report. “The United States increased its proved reserves of oil ...

Hui Shan


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

Your Weekly Update: 9 - 13 December 2019

By 2050, EIA projects in the IEO2019 Reference case that India will consume more energy than the United States by the mid-2040s, and its consumption will remain second only to China through 2050. In the Issue in Focus, three alternative cases explore different assumptions that affect India's proj ...

Hui Shan


Posted 8 months agoLink

U.S. onshore wind capacity exceeds 100 gigawatts

Almost 97% of the 48 million barrel increase in crude oil pipeline fill, which includes some volumes of crude oil in transit via water and rail, occurred in the Gulf Coast (Petroleum Administration for Defense District, or PADD, 3) and the Midwest (PADD 2). The Gulf Coast region, which was respon ...

Hui Shan


Posted 8 months agoLink > generationElectricitywind +2

Major slowdown expected in U.S. shale oil production

Last in a five-part series: Behind the BoomThe shale-oil tsunami that has flooded New Mexico with a wave of petro dollars in recent years may be receding somewhat as U.S. production faces its first significant decline since the gushers began nearly eight years ago. Signs of trouble are showing up ...

Will Fine


Posted 8 months agoLink > Mancos ShaleColorado ShaleMarcellus Shale +51

U.S. coal production employment has fallen 42% since 2011

Almost 97% of the 48 million barrel increase in crude oil pipeline fill, which includes some volumes of crude oil in transit via water and rail, occurred in the Gulf Coast (Petroleum Administration for Defense District, or PADD, 3) and the Midwest (PADD 2). The Gulf Coast region, which was respon ...

Hui Shan


Posted 8 months agoLink

This Week in Petroleum: With pipeline development, U.S. crude oil pipeline fill has increased by more than 60% since 2011

Almost 97% of the 48 million barrel increase in crude oil pipeline fill, which includes some volumes of crude oil in transit via water and rail, occurred in the Gulf Coast (Petroleum Administration for Defense District, or PADD, 3) and the Midwest (PADD 2). The Gulf Coast region, which was respon ...

Hui Shan


Posted 8 months agoLink

Southeast Asia braces for huge wave of decommissioning - News for the Oil and Gas Sector

Unlike in Western regimes such as in the Gulf of Mexico and the North Sea, where abandonment provisions are already in place so the last operator holding the asset does not have to pay all the decommissioning costs, the rules in Southeast Asia are much less developed. A dispute between Chevron an ...

Hui Shan


Posted 8 months agoLink

SHORT-TERM ENERGY OUTLOOK

On one hand, you had some key members – including Iraq, surprisingly – stating the need for the broader OPEC+ club to make further cuts to its supply deal. The headlines spinning out of the December 5 meeting was that the OPEC+ alliance agreed to slash a further 500,000 b/d, with Saudi Arabia ple ...

Hui Shan


Posted 8 months agoLink

Compliance Is Critical

On one hand, you had some key members – including Iraq, surprisingly – stating the need for the broader OPEC+ club to make further cuts to its supply deal. The headlines spinning out of the December 5 meeting was that the OPEC+ alliance agreed to slash a further 500,000 b/d, with Saudi Arabia ple ...

Hui Shan


Posted 8 months agoLink > OPECsaudiRussia +3
Last fetch 8/15/2020 5:35:06 AM