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Post-EIA Oil Inventories Commentary: S&P Global Platts Analytics - May quote Sr. Oil Analyst Jenna Delaney

Analysis of U.S. EIA Oil Inventories Data: U.S. commercial crude oil inventories decreased by 5.1 million barrels during the week ended December 8, marking the fourth consecutive weekly decline. The largest regional drawdown took place at Cushing, Oklahoma (delivery point for NYMEX oil futures ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > EIAEnergy Information Administration EIAInventories +4

UK Reliance on Russian Gas Shows the Need to Protect and Promote the UK’s Native Energy Supply Says GMB

Unless we shore up our own energy security we leave ourselves at the whims of dictators and despots says GMB GMB, the energy union, says the UK's increasing reliance on gas from Russia highlights the need to protect our native energy supply. Britain received liquid gas from the £20bn Yamal pro ...

OilVoice Press - OilVoice


Posted 2 days agoPress > United KingdomUKRussia +2

Petrofac Awarded Contract for Khazzan Phase 2 in Oman

Petrofac has been awarded a lump-sum contract worth approximately US$800 million by BP for the Phase 2 central processing facility (CPF) at the Khazzan Phase 2 (Ghazeer) gas development in the Sultanate of Oman.  This follows the US$ 1.4 billion Phase 1 CPF Khazzan project, awarded to Petrofac i ...

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Posted 2 days agoPress > PatrofacBPContract +3

Europa Oil & Gas: Maps Over 2.5 tcf of Gas in Place on Offshore Ireland Licence

Europa Oil & Gas (Holdings) plc, the UK and Ireland focussed exploration, development and production company, is pleased to announce an update on its 100% owned Licensing Option (‘LO') 16/20 in the Slyne basin, offshore Ireland which lies adjacent to the producing Corrib gas field (‘Corrib').  The ...

OilVoice Press - OilVoice


Posted 2 days agoPress > Europa Oil & GasAFBE-UK ScotlandUnited Kingdom +5

Petrofac Secures US$160 Million Award From Basra Oil Company

Petrofac's Engineering & Production Services (EPS) division has secured an award worth US$160 million from Basra Oil Company (BOC), previously known as South Oil Company, for its Iraq Crude Oil Export Expansion Project (ICOEEP).  The new two-year extension reflects Petrofac's continued delivery foc ...

OilVoice Press - OilVoice


Posted 2 days agoPress > PetrofacBOCBasra Oil Company +4

Incident at Baumgarten Natural Gas Station: International Gas Transit will be Restored

An explosion occurred on Tuesday before 9:00 a.m. on the grounds of the Baumgarten gas distribution hub of Gas Connect Austria (GCA), a subsidiary in which OMV holds 51%. The fire produced by the incident was then completely extinguished during the afternoon. It is with great sadness that we have t ...

OilVoice Press - OilVoice


Posted 2 days agoPress > BaumgartenAustriaOMV +3

Environmental Performance of Industry Captured in Key Report

North Sea oil and gas production is up but greenhouse gas emissions in 2016 were down against 2015 performance, according to Oil & Gas UK's latest Environment Report . Although carbon dioxide (CO 2 ) emissions on the UK Continental Shelf (UKCS) rose by 4 per cent between 2014 and 2016, this was a ...

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Posted 2 days agoPress > North SeaUKUnited Kingdom +3

Genoil Signs Agreement to Develop Five Oil and Gas Fields in Yakutia, Russia, with 1.8 Billion Barrels of Recoverable Reserves

Agreement builds on the international relationships Genoil has developed, as well as the interest generated in its state of the art GHU technology   NEW YORK -  Genoil (GNOLF), the publicly traded clean technology engineering company for the petroleum industry, has signed an agreement to devel ...

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Posted 2 days agoPress > GenoilRussiaGHU Technology +1

Cue Energy: WA-359-P Extension of BP Equity Option

• Extension of BP option to acquire 42.5% equity in WA - 359 - P until 25 April 2018 • 75% funding for the Ironbark - 1 exploration well conditionally secured Melbourne, Australia; Cue Energy Resources Ltd (ASX:CUE) is pleased to advise that through its 100% owned subsidiary ...

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Posted 2 days agoPress > BPCue EnergyOffshore +4

Incident at Baumgarten Natural Gas Station: International Gas Transit will be Restored

An explosion occurred this morning before 9:00 a.m. on the grounds of the Baumgarten gas distribution hub of Gas Connect Austria (GCA), a subsidiary in which OMV holds 51%. The fire produced by the incident was then completely extinguished during the afternoon. It is with great sadness that we have ...

OilVoice Press - OilVoice


Posted 2 days agoPress > Gas Connect AustriaGCABaumgarten +3

Clifford Beaumont: OPEC to Extend Oil Cuts to End of 2018

(1888 PressRelease) Clifford Beaumont: OPEC and members to extend production cuts in effort to end global supply glut. OPEC and other non OPEC oil producers seem ready to reach an agreement at this week's meeting to prolong production restrictions until the end of next year. An analyst at Taipei, ...

Donald Hood


Posted 1 day agoOpinion

Production From Offshore Pre-Salt Oil Deposits Has Increased Brazil’s Oil Production

Source: U.S. Energy Information Administration, International Energy Statistics Brazil has produced 3.3 million barrels per day (b/d) of petroleum and other liquids so far in 2017, according to data through August, up from 3.2 million b/d in 2016, making it the ninth-largest producer of pe ...

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Posted 2 days agoOpinion > BrazilCrude oilLiquid Fuels +5

Bakken Gas Threatens Crude Production

The output of associated gas in two counties within the Bakken core has already exceeded local processing capacity, and will impact production growth, according to ESAI Energy's December North America Watch. Associated natural gas output is rapidly increasing from the core counties in the Bakken. ...

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Posted 1 day agoOpinion > Bakken GasESAI EnergyNorth Dakota

Prices Calm After Forties Pipeline System Shut Down News – But For How Long?

Emergency work on the Forties North Sea pipeline initially shook the markets with Serica Energy Plc (LON:SQZ) shares falling around 5% on the news , which also sent brent crude soaring to above $65 a barrel. Prices then calmed but pipeline-owner INEOS' announcement that deliveries of crude are n ...

Scott Johnson


Posted 1 day agoOpinion > fortiesIneosUnited Kingdom +5

£7.5billion UK Subsea Industry Supports 45,000 jobs, Despite Oil & Gas Downturn

Latest business activity review shows offshore wind now a major source of revenue for the underwater engineering and manufacturing sector. Subsea UK's latest business activity review reveals that the industry is generating annual revenues of £7.5billion, compared to £8.9billion in 2014. The b ...

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Posted 2 days agoOpinion > SubseaUnited KingomUK +3
Last fetch 12/17/2017 3:35:54 AM