Latest Links


Changing Investment Winds In The Middle East

The latest headline involving ADNOC, Abu Dhabi's state oil firm, hasn't really made the rounds beyond the industry's eyes but it is crucial to understanding how the Middle East oil sector could adapt to the changing industry over the next few decades. Then late 2019, ADNOC partnered with Italy's ...

Hui Shan


Posted 2 days agoLink > Abu DhabiADNOCinvestment +4

Motor gasoline accounted for almost half of U.S. petroleum consumption in 2019

Just a few days ago, Chevron sent a tremor through the LNG industry when it announced that it was putting its stake in Australia's giant North West Shelf project up for sale, having received ‘unsolicited approaches from a range of credible buyers'. The North West Shelf Project kicked off in the 1 ...

Hui Shan


Posted 8 days agoLink > ImportsProductionUnited States +3

The Future of North West Shelf LNG in Australia Turns

Just a few days ago, Chevron sent a tremor through the LNG industry when it announced that it was putting its stake in Australia's giant North West Shelf project up for sale, having received ‘unsolicited approaches from a range of credible buyers'. The North West Shelf Project kicked off in the 1 ...

Hui Shan


Posted 9 days agoLink > LNGShellAustralia +4

Dealing with Pipe Corrosion in the Oil and Gas Industry

Types of Pipe CorrosionThere are three types of external corrosion:General corrosion – Where a large surface area is corrodedLocalized corrosion or pitting – Isolated corroded spotsCrevice corrosion – Corrosion around welds, flanges, and seams. There are many factors involved, from price to quali ...

Israel Luna


Posted 15 days agoLink

The (New) Force Behind Upstream Asset Buys

In times of crisis, oil and gas company default to two things: staff layoffs and asset sales. Factor in the strengthening climate change argument that is changing the core strategies of energy supermajors, the idea of buying a (potentially distressed) oil or gas asset is now quite unappealing, no ...

Hui Shan


Posted 16 days agoLink > ExxonMobilShellBP +9

SHORT-TERM ENERGY OUTLOOK

Bounce back in China's manufacturing sector points the way; other countries expected to follow as lockdown is liftedLatest in series of on-line ADIPEC Energy Dialogues hears it could be late 2021 before oil and gas markets recover to 2019 volumesOPEC+ supply constraints coming under pressure from ...

Hui Shan


Posted 20 days agoLink > EmissionsHydrocarbonOil +8

Oil bust could spur natural gas turnaround in San Juan Basin

If Merrion and key industry analysts are correct, there might be a silver lining in the oil crash caused by the coronavirus pandemic — it could end up helping northwestern New Mexico natural gas producers and even give a lift to state revenue in a time of crisis. The potential upside: The drop in ...

Will Fine


Posted 21 days agoLink > San Juan Basinnatural gasoil bust +36

Petrochemicals, Plastic Recycling And New Catalysts - Interview with Gary Godwin, KBR | BGS Talks #7

In episode #7 Gary Godwin, Senior Director, KBR Technology Solutions, talks about competition in oil and gas licensing business, new oil processing technologies, catalysts, plastic recycling projects and why KBR is a space company now. Subscribe for more interviews: https://bit.ly/2uqiAdm About B ...

Julia


Posted 28 days agoLink > BGS GroupBGS TalksReginaChislova

Stainless Steel Socket Weld Fittings | Class 3000 & 6000 Pipe Fittings

Stainless Steel Socket Weld Fittings are family members of high pressure pipe fittings, which available in rating of Class 3000lb, 6000lb and 9000lb. Socket weld coupling is meant to joint a pipe into a recessed area of valves, fittings and flanges. Stainless steel forged socket weld fittings ar ...

Jerry Zhao


Posted 29 days agoLink > stainless steelSocket Weld FittingsGlobal AI in Oil and Gas Market

The Impact of COVID 19 In The Downstream Oil & Gas Sector

This overcapacity is intentional; since most refineries do not run at 100% utilisation all the time and many will shut down for scheduled maintenance periodically, global refining utilisation rates stand at about 85%. Just as shutting down an oil rig can take weeks to complete, shutting down an e ...

Hui Shan


Posted 1 month agoLink > Oil Refiningdownstreamcovid-19 +5

Swage Nipple A106 & ASTM A106B Carbon Steel Pipes and Tubes | Zizi

ASTM A106 / A106B Swage Nipple is a short piece of carbon steel pipe which commonly used to connect two pipes or tubes or other fittings.It plays a role of changing the way of connection. We marked all Carbon Steel Pipe Nipple with Grade, Heat No, Size, Standard and Schedule. ASTM A106B is very ...

Jerry Zhao


Posted 1 month agoLink > steel pipeCarbon Steel Pipe Fittingsstainless steel pipe fittings supplier

North American crude oil prices are closely, but not perfectly, connected

A perfect storm of events – the Covid-19 lockdowns, the resulting effect on demand, an ongoing oil supply glut, a worrying shortage of storage space and (crucially) the expiry of the NYMEX WTI benchmark contract for May, resulted in US crude oil prices falling as low as -US$37/b. This was seen as ...

Hui Shan


Posted 1 month agoLink > pricesLiquid FuelsCrude oil +7

Financial Review: 2019

A perfect storm of events – the Covid-19 lockdowns, the resulting effect on demand, an ongoing oil supply glut, a worrying shortage of storage space and (crucially) the expiry of the NYMEX WTI benchmark contract for May, resulted in US crude oil prices falling as low as -US$37/b. This was seen as ...

Hui Shan


Posted 1 month agoLink > Financemarketsfinancial review +5

From Certain Doom To Cautious Optimism

A perfect storm of events – the Covid-19 lockdowns, the resulting effect on demand, an ongoing oil supply glut, a worrying shortage of storage space and (crucially) the expiry of the NYMEX WTI benchmark contract for May, resulted in US crude oil prices falling as low as -US$37/b. This was seen as ...

Hui Shan


Posted 1 month agoLink > WTIWest Texas IntermediateBrent +8

EIA expects record liquid fuels inventory builds in early 2020, followed by draws

In the same year, the US leapfrogged Malaysia as the third largest LNG exporter in the world, and by 2025, its LNG production capacity could reach almost 15 bcf/d – eclipsing both Qatar and Australia. With its recent moves to tap into the vast natural gas resources in its offshore North Field and ...

Hui Shan


Posted 1 month agoLink > ProductionsupplyConsumption +8
Last fetch 7/2/2020 6:18:23 AM