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Asia Pacific Will Dominate Enhanced Oil Recovery Market, Says Orian Research

The increasing gap between production and demand of fossil fuels is widening. To overcome this gap, companies are using EOR techniques for extraction from reserves that have poor permeability, irregular faultiness, and exhibit heavy oil. Increasing number of aged wells coupled with the rising deman ...

Market Report Wire


Posted 7 months agoPress > Asiaenhanced oil recoveryEnhanced Oil Recovery Market +2

Petsec Energy June 2018 Quarter Results

Operations Net production from USA operations June 2018 quarter: 218 MMcfe (195 MMcf of gas and 3,838 barrels of oil/condensate). USA: Main Pass Blocks 270/273/274, Hummer Project: Announcement of proposed second well on the Hummer Gas/Oil Field, Main Pass Blocks 270/273/274, Offshore Lou ...

OilVoice Press - OilVoice


Posted 8 months agoPress > Petsec EnergyResultsUSA +6

Offshore Support Vessel Market to Reach a Fleet Count of Over 8000 by 2024, Driven by the Rising Number of Hydrocarbon Reserves and O&G Exploration Activities

The exponential rise in oil prices, till date, stands as a major driving force for  offshore support vessel market . That said, it would be imperative to state that apart from oil prices, the increase in oil and gas exploration activities, depleting onshore fuel resources, and the increasing deep ...

Mahesh Gore


Posted 10 months agoPress > Offshore support vessel marketOffshore support vesselOffshore support vessel market size +2

Meet the Future of Oil & Gas Head ON

Ready or not, the North American Oil & Gas Industry must contend with a new normal. A confluence of trends—a new pricing paradigm, rapid growth in renewables, and accelerating technology advancements—is reshaping the industry. Join us for an engaging discussion to learn about the rapid turmoil & tr ...

Kristen Mundy


    CA 02 May 2018


Posted 11 months agoEvent > Oil and Gasoil predictionsindustry insights +8

Cyberhawk’s iHawk software selected by global oil and gas operator to digitise a major construction project in USA

Cyberhawk has been awarded a three-year contract by an oil and gas supermajor to provide a digital asset management solution during the construction of its new world-scale petrochemical complex in the USA. The main construction phase of the project is already underway, which involves the construct ...

Jenny Adams


Posted 1 year agoPress > CyberhawkiHawkUAV +2

How Far Can Shale Go?

Last week, OPEC sounded an alarm. Previously hopeful that the global crude markets would be balanced by June, which would allow it to walk back on the supply freeze that propped prices up at the cost of OPEC market share, the OPEC monthly report raised its expectations for non-OPEC supply for a fou ...

Easwaran Kanason


Posted 1 year agoOpinion > nrgedgeShaleOil +2

Will 2018 see an oil race between the U.S. and Russia?

Things are looking up in the global oil market. The market is rebalancing and oil prices are rising. Pushed up by protests in Iran, supply cuts by OPEC and Russia, and the return to full operations of the Forties pipeline system in the North Sea, oil prices posted their strongest opening to a year s ...

Scott Johnson


Posted 1 year agoOpinion > Oiloil priceOPEC +2

Geopolitics Is Rearing Its Head Again In Oil

Brent and WTI prices are now at their highest levels in two years. With Brent almost touching US$65/b and WTI within shot of US$60/b, this is cheer for the market, where most participants had resigned themselves to a prolonged period of US$50/b oil. There are several factors propelling this rise. OP ...

Easwaran Kanason


Posted 1 year agoOpinion > WTIOPECBrent +5

U.S Crude Puts Squeeze on Nigerian Exports

Just as it was all looking on the up for Nigerian oil exports, it looks now as though India, one of the country's biggest export partners, has fallen out of love with West African crude. According to a report on Platts, India's leading oil company, Indian Oil Corporation, has issued a tender for a ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 1 year agoOpinion > USACrudeIndia +6

Sudan’s New Business Council Looks West For Post-Oil Prosperity

After 20 years, last week saw the formal lifting of US economic sanctions on Sudan. In a punishing two decades, Sudan has weathered a devastating humanitarian crisis in Darfur, the cessession of the South and the loss of its precious oil revenues with it. But it has not been buckled, and it has not ...

Flo Kigbala - Delta Deep Content


Posted 1 year agoOpinion > SudanOilSanctions +3

Nord Stream 2: with Europe already divided, the US adds a new layer of geopolitical complexity

When Gazprom officially launched plans to build the second Nord Stream gas pipeline system to Germany in June 2015, the accusations that Gazprom's main aim was to increase its dominance over European gas came thick and fast. When five European majors from five EU member states (Austria, France, ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > PlattsNord Streameurope +2

Energy Nonsense From the Wall Street Journal

The lead editorial in Friday's Wall Street Journal  was pure energy nonsense. “Lessons of the Energy Export Boom”  proclaimed that the United States is becoming the oil and gas superpower of the world. This despite the uncomfortable fact that it is also the world's biggest importer of crude oil. ...

Art Berman - The Petroleum Truth Report


Posted 1 year agoOpinion > Art BermanThe Petroleum Truth ReportUSA +1

As the U.S. Sends More Oil to World, OPEC Sends Less to U.S.

OPEC is finally making the move that could help complete a mission that it's failed so far: shipping less oil to the U.S., according to Sanford C. Bernstein.Exports from the Organization of Petroleum Exporting Countries to America have declined by close to 1 million barrels a day since a peak at t ...

Ronnie Steinocher - Baron Energy, Inc.


Posted 1 year agoLink > OPECUSACrude

Why a tightening US natural gas system could put the squeeze on LNG

Europe is banking on cheap US LNG exports competing with Russian pipeline natural gas to keep prices low and global supplies plentiful. But the US natural gas system is not as comfortable as you might think. The US produced less gas in 2016 than in 2015, the first time since 2005 that gas output ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > PlattsLNGUSA +1

Judge overturns decision on Pennsylvania water pollution

In an unusual move, a federal judge has overturned a US$4.24 million jury award and has ordered a new trial in the case of two Pennsylvania families who alleged that their water had been polluted by hydraulic fracturing being carried out by Marcellus shale driller Cabot Oil & Gas. Magistrate Judge ...

NewsBase Staff - NewsBase


Posted 2 years agoOpinion > OilgasPennsylvania +2