weekly update


All posts for weekly update

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 23 days agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 30 December 2019 - 3 January 2020

From New Year's Day onwards, a 0.5% sulphur cap (or 500ppm) in fuel will be imposed globally, part of the International Maritime Organization's aim to reduce greenhouse gas emissions from ships by 50% through 2050. In 2008, the IMO set the global upper limit for sulphur in shipping fuels at 3.5% ...

Hui Shan


Posted 1 month agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 16 - 20 December 2019

Year-over-year increases in U.S. proved reserves resulted in record-high levels of crude oil and lease condensate, up 12%, and natural gas up 9% in 2018, according to the U.S. Crude Oil and Natural Gas Proved Reserves, Year-End 2018 report. “The United States increased its proved reserves of oil ...

Hui Shan


Posted 2 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 2 - 6 December 2019

The small-scale LNG market across the globe is driven by their increasing LNG demand from remote locations by applications, such as industrial & power, and the ability to transport LNG over long distances without the need for heavy investment such as pipelines. It includes the LNG produced from s ...

Hui Shan


Posted 2 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 4 - 8 November 2019

Changing nature of non-OPEC supply types may be affecting the crude oil futures marketChanges in the oil investment and production cycle may be affecting trading dynamics for West Texas Intermediate (WTI) and Brent crude oil futures contracts. Similar research from the U.S. Commodity Futures Trad ...

Hui Shan


Posted 3 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 28 October - 1 November 2019

As global deepwater activity regains favour, with blockbuster discoveries such as Guyana's Liza discovery in 2015, the need for versatile FPSOs that can go where new oil is has been rising. Brazil, through Petrobras, is already the world's largest operator of FPSOs, with almost 50 vessels plying ...

Hui Shan


Posted 3 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 21 - 25 October 2019

Distillate remained the largest U.S. petroleum product export in the first half of 2019, averaging 1.3 million b/d, an increase of 60,000 b/d (5%) compared with the first half of 2018. Propane was the second-largest U.S. petroleum product export in the first half of 2019, at 1.03 million b/d, an ...

Hui Shan


Posted 3 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 14 - 18 October 2019

Citing a need to boost oil revenues by being ‘honest about its ability to endure further cuts', Ecuador is prioritising crude production and welcoming new oil investment (free from production constraints) as President Lenin Moreno pursues more market-friendly economic policies. Indonesia did rejo ...

Hui Shan


Posted 4 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 30 September - 4 October 2019

In the first half of 2019, U.S. exports of crude oil increased to average 2.9 million barrels per day (b/d), an increase of 966,000 b/d from the first half of 2018. U.S. crude oil exports to Asia grew significantly in the first half of 2019, up 472,000 b/d (58%) compared with the same period in 2 ...

Hui Shan


Posted 4 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 23 - 27 September 2019

The stock prices of U.S. oil exploration and production (E&P) companies relative to the broader U.S. equity market index have declined since the start of the year. According to the 42 companies' income statements, however, upstream production costs did not increase at the same rate as total outpu ...

Hui Shan


Posted 4 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 16 - 20 September 2019

Crude oil markets will certainly continue to react to new information as it becomes available in the days and weeks ahead, but this disruption and the resulting changes in global crude oil prices will influence U.S. retail gasoline prices. Saudi Arabia can use these inventories to maintain a simi ...

Hui Shan


Posted 5 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 9 - 13 September 2019

Expansion in the gas and LNG markets continues, with LNG demand expected to increase 3.6 percent per year to 2035. Strong growth from these regions will more than offset the demand declines from the mature gas markets of Europe and Northeast Asia. LNG: Demand expected to grow 3.6 percent per ann ...

Hui Shan


Posted 5 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 2 - 6 September 2019

More recently, in July, Rystad Energy said that this year's offshore oil and gas project sanctioning had already exceeded US$50 billion in commitments, signalling that the industry has the potential to reach US$123 billion in project commitments, surpassing the US$78-billion worth of projects sanc ...

Hui Shan


Posted 5 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 26 - 30 August 2019

The visa subclass 600 is for individuals who need to travel Australia as vacationers, for business or to see family. On the off chance that you apply for this Australian Visa Subclass 600 outside Australia, you should be outside Australia when the visa is chosen. The Australian Visa Subclass 600 ...

Hui Shan


Posted 5 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 19 - 23 August 2019

And it is also happening right now in Papua New Guinea, as the new government led by Prime Minister James Marape took aim at the Papua LNG deal. So, despite a previous assurance in early August that the new government of Papua New Guinea would stand by the previous gas deal agreed with the Papua ...

Hui Shan


Posted 5 months agoLink > Oiloil and gas newsOil and Gas Industry +7