Oil


All posts for Oil

Saudi Arabia has significantly reduced the amount of crude oil used for power generation

Power plants in Saudi Arabia burned an average 0.4 million barrels per day (b/d) of crude oil in 2018 directly for power generation, the lowest amount since at least 2009, the earliest year that data are available from the  Joint Organizations Data Initiative  (JODI, Figure 1). According to the JOD ...

Hui Shan


Posted 3 months agoOpinion > Electricityelectricity generating fuel mixInternational +6

Government promotions announced at the Africa E&P Summit

The 2019 Africa E&P Summit is bringing together Africa's leading exploration companies and governments, just one of the many reasons why you should be attending this event being held in London at the IET: Savoy Place, 22-23 May. Over 200 key senior executives involved in Africa will be present, wi ...

Jodee Lourensz


Posted 3 months agoPress > Oilgasupstream +7

Your Weekly Update: 22 - 26 April 2019

In March 2019, Venezuela's crude oil production (excluding condensate) averaged 840,000 barrels per day (b/d), down from 1.1 million b/d in February, according to estimates in the U.S. Energy Information Administration's (EIA) April 2019 Short-Term Energy Outlook(STEO, Figure 1). The declines in ...

Hui Shan


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

Your Weekly Update: 15 -19 April 2019

This increase in natural gas, along with relatively smaller increases in the consumption of petroleum fuels, renewable energy, and nuclear electric power, more than offset a 4% decline in coal in the United States increased to 20.5 million barrels per day (b/d), or 37 quadrillion Btu in 2018, up n ...

Hui Shan


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

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

Oklahoma Shale Production Optimization Congress SCOOP & STACK 2019

This conference has been designed to deliver production techniques, strategies and technologies to optimize production operations against the backdrop of region specific challenges: Comprehensive Production Optimization Strategy: Assessing  Production Techniques And Flowback Strategies That Are Ma ...

Louise Gosling


    30 Apr 2019


Posted 4 months agoEvent > OilgasScoop +4

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

Africa E&P Summit Announce 2019 Program

Dear Colleagues, The Africa E&P Summit and Exhibition is delighted to announce it's 2019 program being held from the 22- 23 May and will bring together Africa's upstream industry at a world-class venue in London, for a unique event shaped for companies active in Africa's oil & gas game, and will p ...

Jodee Lourensz


Posted 4 months agoPress > OilgasAfrica +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 5 months agoLink > Oiloil and gas newsOil and Gas Industry +7

ConocoPhillips vs PDVSA - Round 2

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 5 months agoLink > VenezuelaPDVSAConocoPhillips +4

On the way up: The trends that will impact oil in 2019

The price of oil has been on a bullish trend since the start of the year. This is despite a steep decline at the end of last year because of a significant US shale industry output, which pushed down prices. The prices have recovered at the start of this year because the market has bet that supply w ...

Scott Johnson


Posted 5 months agoOpinion > OilVenezuelaChina +5

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 5 months 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 5 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Hook-up Engineer - Piping & Structural

Introduction PetrominWork is a recruitment facilitator for both Clients and Candidates in the Resources Industries throughout the Asia-Pacific Region. PetrominWork is about People and Human Resources, as we strive to connect the right Professional to the right Company. PetrominWork expertise in ...

Hui Shan


    MY Permanent  


Posted 5 months agoJob > Engineerspipingstructural +7

Commissioning Manager - Upstream

Introduction PetrominWork is a recruitment facilitator for both Clients and Candidates in the Resources Industries throughout the Asia-Pacific Region. PetrominWork is about People and Human Resources, as we strive to connect the right Professional to the right Company. PetrominWork expertise in ...

Hui Shan


    MY Permanent  


Posted 5 months agoJob > ManagersupstreamOil +5