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EIA forecasts natural gas inventories will reach record levels later this year

Forecast growth in demand for U.S. petroleum and other liquids is not driven by transportation and not supplied by refineriesThe U.S. Energy Information Administration's (EIA) February Short-Term Energy Outlook (STEO) forecasts that in 2021, U.S. consumption (as measured by product supplied) of to ...

Hui Shan


Posted 9 hours agoLink > forecastsProjectionsnatural gas +4

The World’s Largest Natural Gas Discovery Since 2005

Forecast growth in demand for U.S. petroleum and other liquids is not driven by transportation and not supplied by refineriesThe U.S. Energy Information Administration's (EIA) February Short-Term Energy Outlook (STEO) forecasts that in 2021, U.S. consumption (as measured by product supplied) of to ...

Hui Shan


Posted 1 day agoLink > ADNOCLNGgas +4

EIA expects natural gas production and exports to continue increasing in most scenarios

According to projections published in the U.S. Energy Information Administration's (EIA) Annual Energy Outlook 2020 (AEO2020), total dry natural gas production in the United States will continue to increase until 2050 in most of the AEO2020 cases, primarily to support growing U.S. exports of natur ...

Hui Shan


Posted 5 days agoLink > ProductionsupplyAEO +7

Natural gas prices fall to lowest level since 2016, the lowest February prices in 20 years

Dry natural gas production in January 2020 averaged about 95.0 billion cubic feet per day (Bcf/d), according to IHS Markit data. IHS Markit also estimates that in January 2020 the United States saw the third-highest monthly U.S. natural gas production on record, down slightly from the previous tw ...

Hui Shan


Posted 8 days agoLink > supplyProductionsupply +8

Your Weekly Update: 10 -14 February 2020

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 11 days agoLink

Egypt, Wintershall Dea Ink Gas Exploration Deal

Egypt's Ministry of Petroleum signed a $43 million gas exploration deal with Wintershall Dea in Nile Delta on Monday. Signed between the Ministry of Petroleum, the Egyptian Natural Gas Holding Company and Wintershall Dea, the agreement targets the exploration of Nile Delta's East Damanhour explor ...

Aydanur Akkurt - Africa Oil & Power


Posted 12 days agoLink > EgyptWintershall DeaNile Delta +1

Waltersmith to Replicate Nigeria’s Modular Refinery Model in Equatorial Guinea

Equatorial Guinea's Minister of Mines and Hydrocarbons, H.E. Gabriel Mbaga Obiang Lima, recently visited Nigeria's modular refinery and expressed his willingness to replicate it in Equatorial Guinea. “Primarily, I don't put it in the local content context, I put it in the African Continental Free ...

Aydanur Akkurt - Africa Oil & Power


Posted 12 days agoLink > WaltersmithEquatorial GuineaNigeria +2

Wrapping Up The Decade - Q419 Financials Of Oil Majors

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 13 days agoLink > BPShellTotal +4

SHORT-TERM ENERGY OUTLOOK

For ExxonMobil, revenue and net profits were both down by 5%, with the company blaming the ‘tough environment' and depressed margins for its oil, gas, refining and chemicals businesses that will spill into 2020. Although the French company was also affected by slumping natural gas prices, along w ...

Hui Shan


Posted 13 days agoLink > STEOEIArenewables +1

Your Weekly Update: 3 - 7 February 2020

As the extent of pandemic became apparent, Wuhan was placed on virtual lockdown on 23 January; several other cities in Hubei – totalling almost 60 million people – followed suit. In China, the SARS effects on oil demand was broadly localised to one quarter – Q2 – and then also localised to one pr ...

Hui Shan


Posted 18 days agoLink

Ball Valve Archives

We manufacture ball valves of different types and material used in several industries. All the valves are based on several industrial standards, API, ASME, DIN, BS,We manufacture valves from DN150 to DN2500 Industries and Medium: LNG, Cryogenic application, Water, Air, SteamTrunnion Ball valve We ...

Valves only


Posted 19 days agoLink > Valve Manufacturer

South Sudan invites Russian companies to its oil and gas sector

South Sudan's Minister of Foreign Affairs and International Cooperation H.E. Awut Deng Acuil met with Russia's Minister of Foreign Affairs H.E. Sergey Lavrov to discuss the way in which Russia can aid South Sudan in developing its oil and refining industries. “We informed our colleagues about the ...

Aydanur Akkurt - Africa Oil & Power


Posted 21 days agoLink > oil productionSouth SudanPower Project +4

The Wuhan Coronavirus Outbreak And Its Implications To Oil Demand

As the extent of pandemic became apparent, Wuhan was placed on virtual lockdown on 23 January; several other cities in Hubei – totalling almost 60 million people – followed suit. In China, the SARS effects on oil demand was broadly localised to one quarter – Q2 – and then also localised to one pr ...

Hui Shan


Posted 22 days agoLink > WuhanCoronavirusSars +1

Your Weekly Update: 27 - 31 January 2020

Slow growth in U.S. energy consumption, as a result of continued increases in energy efficiency, and technologically enabled growth in domestic oil and natural gas production lead the United States to remain a net energy exporter through 2050. The AEO2020 Reference case projects domestic energy d ...

Hui Shan


Posted 25 days agoLink > Oiloil and gas newsOil and Gas Industry +7

The US-China Trade Deal – What’s In It For The Energy Industry

For energy, China has agreed to increase its buying of US energy products – including crude oil, LNG, refined products and coal – by US$18.5 billion in 2020 and US$33.9 billion in 2021, relative to the 2017 levels. Across 2018 and 2019, exports of both oil and gas fell – and in the case of 2019, ...

Hui Shan


Posted 26 days agoLink
Last fetch 2/25/2020 7:12:12 PM