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FACTBOX: Venezuela's Near Collapse Takes Toll On Oil Industry

Venezuela's near economic collapse has taken a toll on the country's oil production, causing shifts in oil flows as buyers look to secure alternative supplies. As workers have fled the country, state-owned oil company PDVSA has had a difficult time maintaining crude output, let alone boosting prod ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > S&P Global PlattsVenezeulaOil +5

S&P Global FACTBOX: Physical Oil Markets in Flux Ahead of Key OPEC/Non-OPEC Meeting

  Changing output policy will increase supply of sour crudes Huge imbalance between sweet, sour crudes Growing glut of sweet crudes in Atlantic Basin The oil market currently bears a very different look compared to January 2017 when the 1.8 million b/d OPEC/non-OPEC output cuts were fir ...

OilVoice Press - OilVoice


Posted 18 hours agoOpinion > S&P Global PlattsOilOPEC +3

Ethane Production Growth Led to Record U.S. Natural Gas Plant Liquids Production in 2017

Source: U.S. Energy Information Administration, Monthly Energy Review and Petroleum Supply Monthly U.S. natural gas plant liquids (NGPL) production has nearly doubled since 2010, outpacing the rate of natural gas production growth and setting an annual record of 3.7 million barrels p ...

OilVoice Press - OilVoice


Posted 20 hours agoOpinion > EIAEnergy Information Administration EIAnatural gas +7

Equinor Enters Solar Project in Argentina

Equinor has signed an agreement with Martifer Renewables to acquire a 50 % interest in the Guanizul 2A (G2A) solar asset in Argentina. The project has a potential to provide around 80.000 Argentine households with renewable energy. The Norwegian independent solar power producer Scatec ...

OilVoice Press - OilVoice


Posted 20 hours agoPress > EquinorArgentinaSolar +2

The Fed Is Driving Down Oil Prices

By Nick Cunningham of Oilprice.com The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world. The U.S. Federal Reserve announced another rate hike a few days ago, which ...

Oilprice Staff


Posted 1 day agoOpinion > United StatesUSFederal Reserve +4

Chairman of Atlas/Oranto meets OPEC Secretary General H.E. Mohammed Sanusi Barkindo

Vienna, June 19, 2018   —   Prince Arthur Eze, Chairman of Oranto Petroleum and its sister company Atlas Petroleum, met today with the Secretary General of the Organization of Petroleum Exporting Countries (OPEC), H.E. Mohammed Sanusi Barkindo, pledging the company's support to the Declaration of ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 day agoPress > Prince Arthur EzeMohammed Sanusi BarkindoAtlas Oranto +4

Merger in Energy Efficiency Sector Creates Strategic Opportunities

With the rising cost of energy and greater interest in reducing CO2 emissions, retrofitting existing equipment has gained momentum, and an impending merger can provide a more comprehensive approach. A number of companies have arisen to service the market, including Smartcool Systems Inc. (S ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > mergerStreetwise ReportsEnergy +1

Equinor Awards Light Well Intervention Contract to Akofs

Geir Sjøberg (right), CEO Akofs Offshore, and Rannfrid Skjervold, vice president procurement subsurface Equinor. (Photo: Kjetil Eide / Equinor ASA) Akofs Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated lic ...

OilVoice Press - OilVoice


Posted 19 hours agoPress > EquinorLight Welllight well intervention +2

Rockhopper Exploration Egypt Update

Rockhopper Exploration plc (AIM: RKH), the oil and gas company with key interests in the North Falklands Basin and the Greater Mediterranean region, is pleased to provide the following operational and corporate update in relation to its Egyptian portfolio. Abu Sennan,   Egypt   (22% workin ...

OilVoice Press - OilVoice


Posted 20 hours agoPress > Rockhopper ExplorationContracts & ClaimsEgypt +2

Mayan Energy Ltd Zink Ranch Field Development Programme

Mayan (AIM: MYN), the AIM listed oil and gas company, is pleased to provide an update on its proposed low-cost development programme at the 1,520 net acre Zink Ranch Field (‘Zink Ranch'), Osage County, Oklahoma in which the Company has a 100% working interest (‘WI') and 75% net revenue interest (‘N ...

OilVoice Press - OilVoice


Posted 20 hours agoPress > Mayan EnergyAIMOil +6

ENGIE to Continue Expanding Decentralised Energy Offering Following Year of Successes

ENGIE to champion decentralised energy at upcoming Africa Energy Forum    Mauritius, 19 June 2018 – Global utility ENGIE is confirming its focus on off-grid energy provision in Africa, with plans to continue expanding their solar home system (SHS) and mini-grid activities. ENGIE is launchin ...

OilVoice Press - OilVoice


Posted 1 day agoPress > ENGIEEnergyAfrica Energy Forum +1

NPD: Production Figures May 2018

Preliminary production figures for May 2018 show an average daily production of 1 629 000 barrels of oil, NGL and condensate, which is a decrease of 236 000 barrels per day compared to April. Total gas sales were 9.6 billion Sm 3 (GSm 3 ), which is a decrease of 0.5 GSM 3 from the previous mont ...

OilVoice Press - OilVoice


Posted 20 hours agoPress > NorwayNPDNorwegian Petroleum Directorate +3

H.E. Jean-Marc Thystère-Tchicaya meets OPEC Secretary General

Vienna, June 19, 2018 —  H.E. Jean-Marc Thystère-Tchicaya, Minister of Hydrocarbons of the Republic of the Congo, met today with Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), H.E. Mohammed Sanusi Barkindo. During this meeting, the Minister of Hydrocarbons expres ...

Aydanur Akkurt - Africa Oil & Power


Posted 20 hours agoPress > Mohammed Sanusi BarkindoRepublic of the CongoOpec Seminar +2

Bass Oil: Onshore Indonesian Oil Operations Update – May 2018

Highlights New multi-year high monthly average oil price of US$70.51 realised from sales from theCompany's 100%-owned Tangai-Sukananti oil field in onshore Sumatra, Indonesia 9% higher total May production of 18,500 barrels of oil (JV share) or 10,175 barrels (net to Bass) May oil sa ...

OilVoice Press - OilVoice


Posted 1 day agoPress > Bass OilonshoreIndonesia +4

Oil Price, Genel, Lamprell, Empyrean, and Finally…

WTI $65.07 -78c, Brent $75.08 -26c, Diff -$10.01 +52c, NG $2.90 -5c Oil Price What can I say that hasn't already been said ahead of Friday, and possibly Saturday's Opec meeting? For the first time in a while this will be an ‘unfriendly' meeting as those who can't increase production oppose in ...

Malcolm Graham-Wood - Malcy's Blog


Posted 17 hours agoOpinion > oil priceGenel EnergyLamprell +4
Last fetch 6/21/2018 4:00:26 AM