All posts for Oil

S&P Global Platts FACTBOX - Update Midterm Elections: Ballot initiatives and Battlegrounds

With a full field of energy-related races and ballot initiatives galloping toward the finish line of the November 6 US midterm election, polling and speculation this week began to provide a clearer picture of the winners and losers among oil, natural gas and power market players. Despite an aggres ...

OilVoice Press - OilVoice

Posted 2 months agoOpinion > S&P Global PlattsUnited StatesUSA +6

Siemens Gamesa Bags 176.8 MW Wind Energy Contracts From ReNew Power

Reports confirm that Siemens Gamesa Renewable Energy SA has won contracts for building and equipping 176.8 MW of wind power projects in India for ReNew Power, an independent power producer (IPP). The company will establish a 100.8 Megawatt (MW) wind farm, in the Kutch district of Gujarat and a plant ...

Jui Kate

Posted 2 months agoPress > Oilgaswind +6

U.S. Monthly Crude Oil Production Exceeds 11 Million Barrels Per Day in August

Source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude oil production reached 11.3 million barrels per day (b/d) in August 2018, according to EIA's latest Petroleum Supply Monthly , up from 10.9 million b/d in July. This is the first time that monthly U.S. p ...

OilVoice Press - OilVoice

Posted 2 months agoOpinion > USACrude oilOil +5

Consortium of Africa Oil, Delonex and Vitol Announces Acquisition of Producing Assets in Deepwater Nigeria

A consortium led by Vitol and comprising Africa Oil Corp (“Africa Oil”) (25%), Delonex Energy Ltd. (“Delonex”) (25%) and Vitol Investment Partnership II Ltd. (“Vitol”) (50%), (collectively, the “Consortium”), is pleased to announce that it has entered into a Share Purchase Agreement (“SPA”) to acqu ...

OilVoice Press - OilVoice

Posted 2 months agoPress > Africa OilAfricaOil +6

OPITO Global: Malaysian Oil and Gas Leader Urges Safety Investment Review

‘Investment in front-line oil and gas safety should be reviewed following cost cutting' - Sofiyan Yahya of MOGCS to address OPITO Global audience in Malaysia - Malaysian oil and gas leader Sofiyan Yahya will encourage industry to review investment in ‘front line' safety practices at a global ...

OilVoice Press - OilVoice

Posted 2 months agoPress > OPITO GlobalMalaysiaOil +3

Savannah Petroleum - Update on Seven Energy Transaction

Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is this morning pleased to announce an update on the Seven Energy Transaction (the “Transaction”). Further to the Company's announcement on 20 September 2018 regarding th ...

OilVoice Press - OilVoice

Posted 2 months agoPress > SVPSavannah PetroleumSeven Energy +4

Rystad Energy Release: US Oil Set to Beat EIA’s Forecast Again: 11.15 Million Bpd is Low Case For August

On the eve of publication of the EIA-914 and EIA PSM reports tomorrow (October 31), providing US monthly oil production data for August 2018, Rystad Energy analysis indicates that the market should expect significant outperformance of US oil production compared to the EIA's predictions. The EIA's ...

OilVoice Press - OilVoice

Posted 2 months agoOpinion > United StatesUSARystad Energy +4

SaskPower Inks Deal With Manitoba to Buy its Hydroelectricity Surplus

The Saskatchewan Crown Corporation is reported to have agreed on a term sheet which puts down the framework for Regina based electric utility SaskPower to purchase 190 megawatts (MW) of capacity from Manitoba Hydro, as well as an option to buy an additional capacity of 25 MW. The deal would supposed ...

Jui Kate

Posted 2 months agoPress > EnergyPowerhydropower +4

Acciona to Invest in Renewable Energy & Infra Projects in Philippines

Acciona S.A., a Spanish infrastructure company, has reportedly announced the expansion of its operations in Philippines and plans to recruit more manpower as it looks for opportunities in the renewable energy sector in collaboration with a local company. Reports cite, Acciona is weighing the poten ...

Jui Kate

Posted 2 months agoPress > EnergyOilPower +2

Equinor: 4.7 Million Barrels More Troll Oil With New Gas Module

October 30, 2018 09:06 CET A new gas module has been put on stream on Troll B, boosting the oil production and processing capacity on the Troll field. It is essential to maximising the value of the remaining oil from Troll, and to maintaining high gas export from the field. ...

OilVoice Press - OilVoice

Posted 2 months agoPress > OilTroll Oilgas +7

Budget Stability a Positive For Attractive UK Oil Tax Regime, Says GlobalData

Following today's (29 October 2018) announcement of the UK budget, Will Scargill, Senior Oil & Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the oil and gas sector: ‘‘The UK has one of the most attractive fiscal regimes for oil and g ...

OilVoice Press - OilVoice

Posted 2 months agoOpinion > BudgetGlobalDataUnited Kingdom +2

Budget - PwC Comments On Oil & Gas Industry

Alan McCrae, leader of industry for oil and gas at PwC UK, said: “The measures announced in the Budget largely confirm earlier proposals and this will be warmly welcomed by the oil and gas industry. The introduction of a transferable tax history mechanism for oil and gas companies should help faci ...

OilVoice Press - OilVoice

Posted 2 months agoPress > PwCBudgetOil +2

Esanda Engineering Announce New SPE London Ticket Giveaway

Esanda Engineering has announced a brand new competition in conjunction with the Society of Petroleum Engineers (SPE) London Section. Esanda is an independent upstream oil and gas training and consultancy company, and they are proud sponsors of the SPE. Their competition offers two winners a free t ...

Estella Adeyeri

Posted 2 months agoPress > OilEngineeringgas +4

Saudi Aramco to Acquire Stakes in a Mega Oil Refinery in China

Saudi's Aramco is reportedly planning to buy a stake in an upcoming major Chinese refinery. It is the company's new investment in the world's largest oil market as it follows a strategy of procuring avenues for oil sales. Abdulaziz M Al-Judaimi, Senior Vice President of downstream operations at Ara ...

Jui Kate

Posted 2 months agoPress > OilOil and GasEnergy +5

NPD: Oil Discovery North of the Johan Castberg Field in the Barents Sea - 7220/5-3

Equinor ASA, operator of production licence 532, has concluded the drilling of wildcat well 7220/5-3. The well proved oil. The well was drilled about 8 kilometres north of the 7220/8-1 discovery well on the Johan Castberg oil field, and 225 kilometres northwest of Hammerfest. The well's primary ...

OilVoice Press - OilVoice

Posted 2 months agoPress > NPDNorwegian Petroleum DirectorateJohan Castberg +7