Iran drives unplanned OPEC crude oil production outage to highest levels since late 2015
The risk assessment comes as the British warship HMS Montrose had to escort the BP oil tanker British Heritage out of the Persian Gulf into the Indian Ocean from being blocked by Iranian vessels. While a risk premium has already been applied to current oil prices, some analysts are suggesting tha ...TODAY IN ENERGY: U.S. crude oil production surpassed 12 million barrels per day in April
The Wafra field was discovered in 1953, and in 1960, Japan's Arabian Oil Company (which held an offshore concession awarded by Saudi Arabia in 1957 and another awarded by Kuwait in 1958) discovered the giant Khafji offshore field. The unique status of the Neutral Zone is exemplified by its struct ...TODAY IN ENERGY: Crude oil inputs to Mexico’s petroleum refineries continued to decline in 2018
Crude oil inputs to Mexico's petroleum refineries declined for the fifth consecutive year in 2018, falling to nearly 600,000 barrels per day (b/d), a 50% drop from 2013 levels. Petróleos Mexicanos (Pemex), Mexico's national oil company, owns and operates the country's six petroleum refineries, wh ...
Despite crude oil production cuts, Saudi Arabian crude oil exports to some Asian countries have increasedThe U.S. Energy Information Administration (EIA) estimates that during May 2019, Saudi Arabia's crude oil production approached a four-year low, averaging an estimated 9.9 million barrels per d ...EIA’s new liquids pipeline projects database shows new U.S. crude oil pipeline capacity
Source: U.S. Energy Information Administration liquids pipeline projects database EIA recently launched a new liquids pipeline projects database that tracks more than 200 crude oil, hydrocarbon gas liquids (HGL), and petroleum products pipeline projects. Rising domestic crude oil productio ...World Heavy Oil Congress & Exhibition
OMAN – NEW HOME FOR THE WORLD'S LEADING HEAVY OIL EVENT After a successful 9th edition of the World Heavy Oil Congress & Exhibition (WHOC), the world's leading heavy oil event, returns to the Sultanate of Oman from 2 - 4 September 2019. Held under the auspices of the Ministry of Oil & Gas, Sultana ...Muscat Muscat Governorate OM 02 Sep 2019
Influential industry leaders gathered in Oman to prepare the groundwork for the World Heavy Oil Congress and Exhibition (WHOC) which will be taking place at the Oman Convention & Exhibition Centre from September 2 nd - September 4 th 2019. Supported by the Ministry of Oil and Gas and hosted by Pe ...
Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...
Russia accounts for more than 90% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the Former Soviet Union (FSU) over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘ H2 2018 Prod ...For One Week in November, the U.S. Was a Net Exporter of Crude Oil and Petroleum Products
Source: U.S. Energy Information Administration, Weekly Petroleum Status Report During the week ending November 30, 2018, the United States exported more crude oil and petroleum products than it imported for the first time in weekly data going back to 1991. From November 24–30, the United S ...Pipeline Constraints, Refinery Maintenance Push Western Canadian Crude Oil Prices Lower
Source: U.S. Energy Information Administration, based on Bloomberg L.P. Planned maintenance at several large refineries in the Midwest has decreased the volume of crude oil processed in the region, which has resulted in lower prices of Western Canadian Select (WCS), a crude oil typically pro ...
Stronger oil and natural gas prices combined with development of shales and low permeability formations lift U.S. crude oil and natural gas proved reserves to record levels in 2017 Proved reserves of crude oil in the United States increased 19.5% from year-end 2016, rising to 39.2 billion barre ...Oil & Gas - A Glitch in the Matrix
Oil & Gas A Glitch in the Matrix Bottom Line: Crude oil prices have plummeted over the last month due to concerns of oversupply and deteriorating demand. We believe that crude oil prices have overshot to the downside and that supply and demand concerns are somewhat overdone; that said, it ...Overview of Physical Crude Oil Trading and Operations
Overview of Physical Crude Oil Trading and Operations is a two-day instructor-led course presented by the energy training experts at Mennta Energy Solutions. This course provides an introduction to the trading of physical crude oil. Delegates will gain an understanding of the knowledge possessed by ...Calgary AB CA 17 Jun 2019
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