Oil


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Celebrating Africa's Oil & Gas Top 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 +12

Your Weekly Update: 30 September - 4 October 2019

In the first half of 2019, U.S. exports of crude oil increased to average 2.9 million barrels per day (b/d), an increase of 966,000 b/d from the first half of 2018. U.S. crude oil exports to Asia grew significantly in the first half of 2019, up 472,000 b/d (58%) compared with the same period in 2 ...

Hui Shan


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

U.S. crude oil exports continued to grow in the first half of 2019

In the first half of 2019, U.S. exports of crude oil increased to average 2.9 million barrels per day (b/d), an increase of 966,000 b/d from the first half of 2018. U.S. crude oil exports to Asia grew significantly in the first half of 2019, up 472,000 b/d (58%) compared with the same period in 2 ...

Hui Shan


Posted 10 months agoLink > exoprtsImportsLiquid Fuels +3

Join us in London for the Diversity in Energy Summit

An event shaped to tackle the topics of diversity, inclusion and empowerment in the global energy sector. The event organised and hosted by Frontier in the heart of London will also provide an excellent platform where you can bring your companies' prominence and visibility directly to the decision ...

Jodee Lourensz


Posted 10 months agoPress > OilgasEnergy +12

August non-OPEC unplanned oil production outages fell to lowest level since at least 2011

The stock prices of U.S. oil exploration and production (E&P) companies relative to the broader U.S. equity market index have declined since the start of the year. According to the 42 companies' income statements, however, upstream production costs did not increase at the same rate as total outpu ...

Hui Shan


Posted 10 months agoLink > Productionsupplyoutages +4

Your Weekly Update: 23 - 27 September 2019

The stock prices of U.S. oil exploration and production (E&P) companies relative to the broader U.S. equity market index have declined since the start of the year. According to the 42 companies' income statements, however, upstream production costs did not increase at the same rate as total outpu ...

Hui Shan


Posted 10 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Saudi Arabia crude oil production outage affects global crude oil and gasoline prices

Although U.S. imports of crude oil from Saudi Arabia have declined during the past three years—and recently hit a four-week average record low of 380,000 b/d in the week ending September 6—the United States still imports about 7 million b/d of crude oil. Saudi Arabia can use these inventories to ...

Hui Shan


Posted 10 months agoLink > pricesInternationalGasoline +6

Your Weekly Update: 16 - 20 September 2019

Crude oil markets will certainly continue to react to new information as it becomes available in the days and weeks ahead, but this disruption and the resulting changes in global crude oil prices will influence U.S. retail gasoline prices. Saudi Arabia can use these inventories to maintain a simi ...

Hui Shan


Posted 10 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Opinion: The Energy to Make it Work | Petroleum Africa

BY: Guillaume Doane, CEO and Co-Founder of Africa Oil & PowerTHE AOP 2019 Conference in Cape Town in October will bring together African policymakers, energy sector companies leaders and analysts. In 2015, we launched Africa Oil & Power as a platform to support the efforts of African governments ...

Aydanur Akkurt - Africa Oil & Power


Posted 10 months agoLink > South AfricaKenyaGabon +7

Your Weekly Update: 9 - 13 September 2019

Expansion in the gas and LNG markets continues, with LNG demand expected to increase 3.6 percent per year to 2035. Strong growth from these regions will more than offset the demand declines from the mature gas markets of Europe and Northeast Asia. LNG: Demand expected to grow 3.6 percent per ann ...

Hui Shan


Posted 10 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 2 - 6 September 2019

More recently, in July, Rystad Energy said that this year's offshore oil and gas project sanctioning had already exceeded US$50 billion in commitments, signalling that the industry has the potential to reach US$123 billion in project commitments, surpassing the US$78-billion worth of projects sanc ...

Hui Shan


Posted 11 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Angola discloses tender details for oil block concessions

On Tuesday, Angola's National Agency for Oil, Gas, and Biofuels (ANPG) hosted the first of four roadshows in Luanda to highlight the first 10 blocks to be auctioned in 2019. The offshore blocks are located in the Benguela and Namibe basin and will also be presented in Houston, London and Dubai as ...

Aydanur Akkurt - Africa Oil & Power


Posted 11 months agoLink > AngolaLicencing RoundOil +2

Lesotho Set to Announce New Energy Investment Drive

AOP talks to Khomoatsana Tau, Principal Secretary for the Lesotho Ministry of Energy and Meteorology, about the new energy investment and diplomacy drive to be launched at the Africa Oil and Power Conference in October 2019. The Lesotho Electricity Company is the only distributor in the country, ...

Aydanur Akkurt - Africa Oil & Power


Posted 11 months agoLink > LesothoKhomoatsana TauEnergy +7

Join the Conversation on Diversity

The Diversity in Energy Summit is being held in London on October 8th  at the IET- Savoy Place and brings together leading companies for a unique event shaped to tackle the topics of diversity, inclusion and empowerment in the global energy sector. You will hear from key players, decision-mak ...

Jodee Lourensz


Posted 11 months agoPress > EnergyDiversityOil +7

LEAP TA: Oil & Gas 2019

Re-engineer Your Approach to Strategic Workforce Planning &  Practical Talent Acquisition to Meet the Changing Demands  of a Future Focused Energy Company LEAP TA: Oil & Gas  is a new and unique opportunity for strategic talent leaders to hear from the energy companies best prepared for the f ...

Marie Bourdon


Houston   TX   US 03 Dec 2019


Posted 11 months agoEvent > OilEnergygas +2