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S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Rose 2.5 Million Barrels

Smaller-than-usual builds in total US crude inventories combined with continued draws this winter at Cushing, Oklahoma (delivery point for NYMEX crude oil futures contracts), helped NYMEX crude futures find a bottom last week before turning higher, according to an S&P Global Platts preview of this ...

OilVoice Press - OilVoice


Posted 20 hours agoOpinion > S&PS&P Global PlattsUnited States +3

Noble Energy Awards Schlumberger Contract for Process Solution

Two-thousand-ton process module to be installed on Leviathan Field to recover MEG used for hydrate inhibition HOUSTON, February 21, 2018—Schlumberger today announced the award by Noble Energy of an engineering and supply contract for a two-thousand-ton single-lift process module to be installed ...

OilVoice Press - OilVoice


Posted 1 day agoPress > Noble EnergySchlumbergerMEG +2

Australian-First, $11.4 Million Hydrogen Demonstration Plant to be Built in Adelaide

An Australian-first, $11.4 million demonstration plant that will produce hydrogen from renewable energy will be built in Adelaide. Adelaide-based Australian Gas Infrastructure Group (AGIG) – the country's largest gas distribution business – will construct and operate the state-of-the-art plant at ...

OilVoice Press - OilVoice


Posted 1 day agoPress > AustraliaHydrogengas +3

Fugro Returns to China for Gas Hydrate Research Project in Further GMGS Contract

Fugro has been awarded a contract by Guangzhou Marine Geological Survey (GMGS) for gas hydrate investigation on the Northern Continental Slope of the South China Sea. The contract is valued at approximately US$ 40 million and the project is expected to commence in the second quarter of 2018. This ...

OilVoice Press - OilVoice


Posted 1 day agoPress > ChinaFugroGMGS +3

Matra Petroleum AB: Fourth Quarter and Twelve Months Ended 31 December 2017

Fourth quarter ended 31 December 2017 (Fourth quarter ended 31 December 2016) Revenue of TUSD 2,295 (TUSD 1,974), up 16% EBITDA of TUSD 433 (TUSD 232), up 87% Result for the period of TUSD -2,110 (TUSD -1,238) Earnings per share amounted to USD -0.05 per share (USD -0.04 per ...

OilVoice Press - OilVoice


Posted 1 day agoPress > Matra PetroleumResultsEarnings +1

OMV Group Report January–December and Q4 2017

Group Clean CCS Operating Result increased by 67% to EUR 688 mn Clean CCS net income attributable to stockholders amounted to EUR 367 mn, clean CCS Earnings Per Share were EUR 1.12 Strong free cash flow after dividend payments at EUR 1 bn in 2017 High cash flow from operating activities of ...

OilVoice Press - OilVoice


Posted 1 day agoPress > OMV GroupReportOperations Update

S&P Global Platts Survey of Analysts Suggests U.S. EIA Data to Show 119-Bcf Draw to Natural Gas Stocks

The U.S. Energy Information Administration (EIA) on Thursday is expected to report a 119-billion cubic feet (Bcf) withdrawal for the week that ended February 16, according to a survey of analysts by S&P Global Platts, the leading independent provider of information and benchmark prices for the comm ...

OilVoice Press - OilVoice


Posted 15 hours agoOpinion > EIAEnergy Information Administration EIAUnited States +3

Parker Hannifin Signs EFA With Shell for Instrumentation Products

Shell's Enterprise Framework Agreement covers the supply of instrument tubing fittings, manifolds, valves, process-to-instrument valves and related products BARNSTAPLE, Devon, 22 February 2018 Parker Hannifin Corporation, the global leader in motion and control technologies, has signed a new En ...

OilVoice Press - OilVoice


Posted 15 hours agoPress > ShellEFAParker Hannifin

President Energy, Range Resources

President Energy PPC has announced record results in January with each of their concessions making good returns and contributing profits. In the month the Argentine assets generated $1.3m after opex, G&A and finance costs. Positive cash generation was higher at $1.8m due to continued utilisation ...

Malcolm Graham-Wood - Malcy's Blog


Posted 17 hours agoOpinion > MalcyMalcy'sMalcy's Blog +2

Gazprom to Continue Effective Cost Optimization Efforts in 2018

The Gazprom  Board of Directors  took note of the information about the Gazprom Group's cost optimization (reduction) efforts in 2018. It was stressed that over the years the Company had sustained a comprehensive approach to cost reduction. The work in this area involves a number of main activitie ...

OilVoice Press - OilVoice


Posted 13 hours agoPress > Gazprom

NrgEdge - Your Weekly Update: 19 - 23 Feb

Market Watch Headline crude prices for the week beginning 19 February 2017 – Brent: US$65/b; WTI: US$62/b Crude prices enjoyed a series of gains last week, boosted by a return of confidence to equity markets and the dollar continuing to remain weak. Signs that crude inventories in the key s ...

Nrgedge Admin - NrgEdge


Posted 23 hours agoOpinion > nrgedgeOil and Gasoil and gas news +3

Tight Oil Remains the Leading Source of Future U.S. Crude Oil Production

Source: U.S. Energy Information Administration, Annual Energy Outlook 2018 EIA's recently released Annual Energy Outlook 2018 (AEO2018) Reference case projects that U.S. tight oil production will generally increase through the early 2040s, when it will surpass 8.2 million barrels per d ...

OilVoice Press - OilVoice


Posted 13 hours agoOpinion > United StatesUSCrude oil +3

Electric Vehicles: S&P Global Ratings Highlights the Potential Oil Market Ramifications

Over the next decade, we see downside to oil demand as a limited risk because each 1 million EVs (roughly equal to 2017 EV sales) only replace about 20,000 barrels/d and oil demand growth should continue on the back of growth from commercial transport and chemicals, with demand growth over the ...

OilVoice Press - OilVoice


Posted 13 hours agoOpinion > S&P Global PlattsOil MarketElectric Vehicles +1

Lonestar Announces 82% Increase in Proved Reserves

Lonestar Resources US Inc. (NASDAQ: LONE) announced that its proved reserves at December 31, 2017 increased 82% to 73.6 million barrels of oil equivalent (“MMBOE”) calculated using SEC guidelines. All of the Company's proved reserves are located in the Eagle Ford Shale. Lonestar's proved reserv ...

OilVoice Press - OilVoice


Posted 13 hours agoPress > Lonestar ResourcesReservesNasdaq +2

Trophy Revealed for the 2018 Offshore Achievement Awards

After months of competition, hard work and anticipation, the sought-after trophy that will be presented to winners at this year's Offshore Achievement Awards has been revealed. Robert Gordon University student Robin Pioche, designed the trophy for the prestigious event which is taking place next m ...

Jenny Adams


Posted 20 hours agoPress
Last fetch 2/23/2018 5:49:56 AM