Crude


All posts for Crude

Financial Review: First-Quarter 2020

With just over two weeks to go before the largest coordinated crude oil supply cut in the world is set to expire, the 23-nation club that is OPEC+ gathered to discuss that very issue. OPEC itself predicts that world oil demand by rebound by 7 mmb/d in 2021 from an average of 90 mmb/d in 2020, wit ...

Hui Shan


Posted 1 month agoLink > MarketFinancefinancial review +6

2.7 million b/d US Crude Oil Pipeline Capacity Delayed in 2021

Pipeline projects in the US that were slated for start-up in 2021 are facing huge challenges from an uncertain demand outlook, lengthy court battles and regulatory review. ESAI Energy's recent North America Watch notes that while some projects already under construction are moving forward, about 2 ...

Jake Wright


Posted 1 month agoPress > DAPLOilDakota Access Pipeline +3

Drilling Engineer

Introduction Saudi Aramco  is a fully integrated, global petroleum enterprise, and a world leader in exploration and producing, refining, distribution, marketing, and petrochemicals manufacturing. We not only look for individuals who can meet our expectations, but for those individuals who can ...

Hui Shan


    MY Permanent  


Posted 1 year agoJob > OilgasCrude +3

Escalating Trade Wars and Oil Markets

U.S. Gulf Coast crude oil imports averaged 1.8 million barrels per day (b/d) in March 2019, the lowest level since March 1986 and significantly lower than the peak of 6.6 million b/d in March 2007. In 2018, 20% of all Gulf Coast crude oil imports were from Venezuela, an annual average of 498,000 ...

Hui Shan


Posted 1 year agoLink > nrgedgeOilgas +10

Russia Ranked World's Second Largest Producer of Crude Oil

Russia Named as One of the Top Two Countries in Crude Oil Production Crude oil, also known as "black gold," is an unrefined petroleum product that is found naturally around the world. It is refined to create a wide range of products including gasoline, diesel, and a variety of petrochemicals. It ...

Ruslan Baisarov - Tuva Energy Industrial Corp.


Posted 1 year agoOpinion > OilRussiaProduction +4

Saudi Arabia used less crude oil for power generation in 2018

Of the 21.0 billion BOE in organic proved reserves added in 2018 (that is, before accounting for revisions, net reserves purchased, or how much the companies produced), slightly more than half (10.7 billion BOE) came from the United States, while the Russia, Central Asia, and Asia-Pacific region a ...

Hui Shan


Posted 1 year agoLink > ElectricityOilpetroleum +3

This Week in Petroleum

Oil company finding costs reached a 10-year low in 2018 In 2018, a group of the world's largest crude oil and natural gas producers added more hydrocarbons to their resource base than in any year since at least 2009, according to the annual reports of 116 exploration and production (E&P) companies ...

Hui Shan


Posted 1 year agoOpinion > CrudeOilDrilling +4

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 1 year agoJob > ManagersupstreamOil +5

Crude Oil Prices: Changing Gear

Russia and Saudi Arabia both making new pledges on supply cuts comes despite supply issues elsewhere in OPEC, which could have provided some cushion for smaller cuts. Iranian production remains constrained by new American sanctions; targeted waivers have provided some relief – and indeed Iranian ...

Hui Shan


Posted 1 year agoLink > CrudeOil pricesBrent +5

Your Weekly Update: 11 - 15 February 2019

With the last of the financial results from supermajors released, the world's largest oil firms reported strong profits for Q418 and blockbuster profits for the full year 2018. Full year net profit was even better – up 5.7% to US$20.8 billion as upstream production rose to 4.01 mmboe/d – allowing ...

Hui Shan


Posted 1 year agoLink > weekly news updateweekly updateOil +4

The Valve Closes On Venezuela’s Oil

Under the new sanctions, Venezuela can only sell crude to the USA or using US dollars through offshore companies until April 28, 2019. The US is the main demand centre for Venezuela's heavy crudes; despite investment from Russia and China, the loss of American demand will be a major blow to PDVSA ...

Hui Shan


Posted 1 year agoLink > CrudeOil pricesSanctions +4

IT Executive

Introduction NGLTech is an international company which has successfully developed and implemented technologies for the upstream oil & gas industry. At NGLTech we believe technology innovation is a key enabler for the sustainable and efficient development of our finite natural resources. Through ...

Hui Shan


    Permanent  


Posted 1 year agoJob > CrudeOilgas +5

Finance Manager

Introduction NGLTech is an international company which has successfully developed and implemented technologies for the upstream oil & gas industry. At NGLTech we believe technology innovation is a key enabler for the sustainable and efficient development of our finite natural resources. Through ...

Hui Shan


    MY Permanent  


Posted 1 year agoJob > nrgedgeManagerCrude +4

Senior Sales and Application Engineer

Introduction DNeX's future success is the employment of confident and high performing individuals. DNeX's current workforce enjoys competitive remuneration and benefits, a flexible working environment, professional development opportunities. Key Responsibilities Responsibilities:    To ...

Hui Shan


    MY Permanent  


Posted 1 year agoJob > CrudeOilgas +2

CNOOC’s Capital Plans

After President Xi Jinping called for greater self-reliance and improving national security by boosting domestic reserves in August, the national upstream company CNOOC has now unveiled ambitious plans to boost capital spending with an eye to raise its production. Encompassing both domestic and i ...

Hui Shan


Posted 1 year agoLink > CrudeOil pricesBrent +3