Oil


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This Week in Petroleum

Changing nature of non-OPEC supply types may be affecting the crude oil futures marketChanges in the oil investment and production cycle may be affecting trading dynamics for West Texas Intermediate (WTI) and Brent crude oil futures contracts. Similar research from the U.S. Commodity Futures Trad ...

Hui Shan


Posted 8 months agoLink > BrazilBrentCrude oil +11

Big Five Board Awards Celebrating Excellence in Africa's Oil & Gas

The longest standing awards event for Africa's Oil & Gas Industry since 1997,  with over 100 recipients to date, the Big Five Board Awards enter it's incredible 23rd year. Organised and hosted by Frontier, and held in London on November 21 at the Geological Society to acknowledge the top players i ...

Jodee Lourensz


Posted 9 months agoPress > OilgasAfrica +15

Africa Trade and Investment Convention

Africa Trade and Investment Convention Amsterdam,Netherlands will host the biggest Africa Trade and Investment Conference from 23rd to 24th April 2020 Africa has the fastest growing economy in the world. Evidence suggest that Africa has now entered a cycle of strong economic growth. Investors are ...

John Karegwa


Rotterdam   ZH   NL 23 Apr 2020


Posted 9 months agoEvent > invest in AfricaInvesting in Africahedge funds +4

Your Weekly Update: 28 October - 1 November 2019

As global deepwater activity regains favour, with blockbuster discoveries such as Guyana's Liza discovery in 2015, the need for versatile FPSOs that can go where new oil is has been rising. Brazil, through Petrobras, is already the world's largest operator of FPSOs, with almost 50 vessels plying ...

Hui Shan


Posted 9 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Africa's Oil & Gas Players in London for the Big Five Board Awards

The longest standing awards event for Africa's Oil & Gas Industry since 1997,  with over 100 recipients to date, the Big Five Board Awards enter it's incredible 23rd year. Organised and hosted by Frontier, and held in London on November 21 at the Geological Society to acknowledge the top players i ...

Jodee Lourensz


Posted 9 months agoPress > OilgasEnergy +12

Your Weekly Update: 21 - 25 October 2019

Distillate remained the largest U.S. petroleum product export in the first half of 2019, averaging 1.3 million b/d, an increase of 60,000 b/d (5%) compared with the first half of 2018. Propane was the second-largest U.S. petroleum product export in the first half of 2019, at 1.03 million b/d, an ...

Hui Shan


Posted 9 months agoLink > Oiloil and gas newsOil and Gas Industry +7

U.S. petroleum product exports rose slightly in the first half of 2019

Distillate remained the largest U.S. petroleum product export in the first half of 2019, averaging 1.3 million b/d, an increase of 60,000 b/d (5%) compared with the first half of 2018. Propane was the second-largest U.S. petroleum product export in the first half of 2019, at 1.03 million b/d, an ...

Hui Shan


Posted 9 months agoLink > Distillate FuelexportsImports +4

The United States now exports crude oil to more destinations than it imports from

As U.S. crude oil export volumes have increased to an average of 2.8 million barrels per day (b/d) in the first seven months of 2019, the number of destinations (which includes countries, territories, autonomous regions, and other administrative regions) that receive U.S. exports has also increase ...

Hui Shan


Posted 9 months agoLink > exportsImportsCrude oil +5

London hosts Big Five Board Awards Celebrating Excellence in Africa's Oil & Gas Industry

Nominations are now open for The Big Five Board Awards 2019. The longest standing awards event for Africa's Oil & Gas Industry since 1997,  with over 100 recipients to date, the Big Five Board Awards enter it' incredible 23rd year. Organised and hosted by Frontier, and held in London on November ...

Jodee Lourensz


Posted 9 months agoPress > Oilgasupstream +15

Your Weekly Update: 14 - 18 October 2019

Citing a need to boost oil revenues by being ‘honest about its ability to endure further cuts', Ecuador is prioritising crude production and welcoming new oil investment (free from production constraints) as President Lenin Moreno pursues more market-friendly economic policies. Indonesia did rejo ...

Hui Shan


Posted 9 months agoLink > Oiloil and gas newsOil and Gas Industry +7

U.S. Federal Gulf of Mexico crude oil production to continue to set records through 2020

Despite tighter forecast global petroleum markets in the second half of 2019, EIA expects that the Brent crude oil price will average $60.63/b in the second half of 2019, nearly unchanged from the $60.68/b forecast in the September STEO. EIA forecasts that global petroleum inventories will increa ...

Hui Shan


Posted 9 months agoLink > ProductionsupplyCrude oil +5

Africa's top Oil & Gas Players at the Big FIve Board Awards

The Big Five Board Awards 2019 is the longest standing awards for Africa's Oil & Gas Industry. Awarded since 1997 and with over 100 recipients to date, the Big Five Board Awards enter an incredible 23rd year. Organised and hosted by Frontier, and held in London on November 21 at the Geological Soc ...

Jodee Lourensz


Posted 9 months agoPress > OilgasEnergy +13

How IoT Is Transforming The Oil and Gas Industry

Efficiency and Safety are the two most pivotal aspects in the oil and gas industry. Artificial intelligence, Machine Learning, Automation etc are driving Oil & Gas Technology Solutions to a new level. There are roughnecks and drillers, on the oil rig, constantly collecting data. With automatio ...

Kathleen Brown


Posted 9 months agoOpinion > IoTOilgas

Crude oil used by U.S. refineries continues to get lighter in most regions

Despite tighter forecast global petroleum markets in the second half of 2019, EIA expects that the Brent crude oil price will average $60.63/b in the second half of 2019, nearly unchanged from the $60.68/b forecast in the September STEO. EIA forecasts that global petroleum inventories will increa ...

Hui Shan


Posted 9 months agoLink > Crude oilProductionsupply +2

Recent decrease in U.S. crude oil production was geographically isolated, likely temporary

Monthly U.S. crude oil production fell by 276,000 barrels per day (b/d) in July 2019, based on the latest data in the U.S. Energy Information Administration's (EIA) Petroleum Supply Monthly. Crude oil production in the Federal Offshore Gulf of Mexico fell by 332,000 b/d in July when some producti ...

Hui Shan


Posted 9 months agoLink > ProductionsupplyLiquid Fuels +3