oil and gas companies


All posts for oil and gas companies

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 7 days 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 18 days 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 25 days 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 1 month 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 1 month 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 1 month 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 1 month agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 12 - 16 August 2019

The momentum for crude prices abated in the second quarter of 2019, providing less cushion for the financial results of the world's oil companies. If split evenly, Aramco's net profits would be more than the five supermajors combined in Q219. As it led the way in adhering to the OPEC+ club's cur ...

Hui Shan


Posted 1 month agoLink > oil and gas companiesnewsweekly update +7

Your Weekly Update: 5 - 9 August 2019

In the August 2019 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts relatively flat crude oil prices for the remainder of 2019 and through 2020 and a balanced global oil market in 2019 followed by modest inventory builds in 2020 as production growth outp ...

Hui Shan


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

Your Weekly Update: 29 July - 2 August 2019

Barely hours before the deadline, Chevron received word from the US government that it would be allowed to continue operating in Venezuela. The lone major US oil company still in operation after ExxonMobil and ConocoPhillips made a costly flee when Hugo Chávez nationalised the oil industry, Chevr ...

Hui Shan


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

Your Weekly Update: 22 - 26 July 2019

Four Asia-Pacific countries that publish crude oil imports by country of origin—China, Japan, South Korea, and Taiwan—collectively imported an average of 3.5 million b/d of crude oil from Saudi Arabia in 2018. China's, Japan's, and Taiwan's 2019 year-to-date crude oil imports from Saudi Arabia ar ...

Hui Shan


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

Your Weekly Update: 15 - 19 July 2019

EIA differentiates among declines in production resulting from unplanned production outages, permanent losses of production capacity, and voluntary production cutbacks for OPEC members. As an example, EIA considers Iranian production declines that result from U.S. sanctions to be unplanned produc ...

Hui Shan


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

Your Weekly Update: 8 - 12 July 2019

Weakening global oil demand and strong supply growth in the United States contributed to global petroleum and other liquid fuels inventory builds in the first half of 2019 and limited any sustained upward pressure on crude oil prices. EIA expects that the combination of strong growth in U.S. and ...

Hui Shan


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

Your Weekly Update: 1 - 5 July 2019

Here's what you need to know about the North American outlook for gas demand, supply, and price to 2030. Debottlenecking and capacity additions that are currently or soon to be in progress will lead Appalachia to take a much larger role in supply, though associated gas from the Permian Basin will ...

Hui Shan


Posted 3 months agoLink > oil and gas newsOil and Gas IndustryLNG +7

Your Weekly Update: 24 - 28 June 2019

EIA includes utility-scale hydropower, wind, solar, geothermal, and biomass in its definition of renewable electricity generation. According to forecasts in EIA's latest Short-Term Energy Outlook, coal will provide more electricity generation than renewables in the United States for the remaining ...

Hui Shan


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