Oil and Gas Industry


All posts for Oil and Gas Industry

Your Weekly Update: 8 - 12 April 2019

Annual U.S. crude oil production reached a record level of 10.96 million barrels per day (b/d) in 2018, 1.6 million b/d (17%) higher than 2017 levels. Texas's 2018 annual production increase of almost 950,000 b/d—driven by significant growth within the Permian region in western Texas—was nearly 6 ...

Hui Shan


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

Your Weekly Update: 25 - 29 March 2019

EIA's Annual Energy Outlook 2019 (AEO2019) Reference case projects that U.S. tight oil production, which became the more common form of oil production in 2015, will continue to increase through 2030, ultimately reaching more than 10 million barrels per day (b/d) in the early 2030s. EIA projects f ...

Hui Shan


Posted 22 days agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 18 - 22 March 2019

U.S. crude oil production increased 1.6 million b/d from 2017 to 10.9 million b/d in 2018, with the U.S. Gulf Coast—where more than 90% of U.S. crude oil exports depart from—producing 7.1 million b/d. In the first half of 2018, the United States exported 376,000 b/d of crude oil to China, which m ...

Hui Shan


Posted 29 days agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 11 - 15 March 2019

In 2017, Norway's Government Pension Fund Global – also known as the Oil Fund – proposed a complete divestment of oil and gas shares from its massive portfolio. Players like Anadarko Petroleum, Chesapeake Energy, CNOOC, Premier Oil, Soco International and Tullow Oil will now no longer receive any ...

Hui Shan


Posted 1 month agoLink > OilOil and GasOil and Gas Industry +7

Your Weekly Update: 4 - 8 March 2019

Virtual field trips to carbonate outcrops in the Middle East are planned, but filming when the sun is high in bright conditions will produce numerous areas of deep shade contrasting with brightly lit areas, creating extensive processing problems. Using VR field trips to illustrate various aspects ...

Hui Shan


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

Your Weekly Update: 25 February - 1 March 2019

A few weeks ago, energy supermajor BP made a US$5 million investment in Belmont Technology, a Houston-based artificial intelligence (AI) start-up. In the investment in Belmont Technology, BP is hoping to apply its AI cloud-based geoscience platform for more accurate lifecycle projections in explo ...

Hui Shan


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

Your Weekly Update: 18 - 22 February 2019

Russia and Saudi Arabia both making new pledges on supply cuts comes despite supply issues elsewhere in OPEC, which could have provided some cushion for smaller cuts. Iranian production remains constrained by new American sanctions; targeted waivers have provided some relief – and indeed Iranian ...

Hui Shan


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

Your Weekly Update: 4 - 8 February 2019

At utility-scale facilities where PV is one of several technologies in use, the PV capacity itself may be less than one megawatt, but this is relatively rare: based on EIA's latest data, only 20 sites with a total combined capacity of 10 MW were in this category. In other states, the growth of sm ...

Hui Shan


Posted 2 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Finance Manager

Introduction NGLTech is an international company which has successfully developed and implemented technologies for the upstream oil & gas industry. At NGLTech we believe technology innovation is a key enabler for the sustainable and efficient development of our finite natural resources. Through ...

Hui Shan


    MY Permanent  


Posted 2 months agoJob > nrgedgeManagerCrude +4

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 3 months agoLink > Oiloil and gas companiesOil and Gas Industry +2

Mastering Finance for Non-Financial Oil and Gas Personnel

This 2 day course allows personnel who don't have a financial background to understand the basic principles, theory and practice of financial reporting and analysis as they apply to the oil and gas industry. What you will learn how to interpret, understand and act on financial information how t ...

MDT International - MDT International Ltd


Dubai   Dubai   AE 12 Mar 2019


Posted 3 months agoTraining > non-financialoil and gas professionalsbasic principles +14

Introduction to the Oil & Gas Industry

This wide-ranging and practical industry 2 day overview covers each key phase of the exploration and production industry. It offers oil and gas professionals the opportunity to gain a technical and commercial understanding of the industry fundamentals. What you will learn The scientific origins ...

MDT International - MDT International Ltd


Dubai   Dubai   AE 10 Mar 2019


Posted 3 months agoTraining > IntroductionOil and Gas IndustryDrilling +10

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

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