exports


All posts for exports

Libya Unites Large-Scale Production with Frontier Potential

Home to the largest recoverable reserves on the continent, Libya's vast and underexplored basins are sparking the interest of major operators, as the North African producer seeks to sustain oil output in the long-term. While Libya saw the temporary halt of its oil production earlier this year due ...

Aydanur Akkurt - Africa Oil & Power


Posted 10 days agoLink > AfricaAfrican EnergyEnergy +24

To Achieve its Power Accessibility Goals, the DRC Must Develop its Gas Resources

By  NJ Ayuk, Executive Chairman, African Energy Chamber   Find French version  here Read more on the DRC's resource-rich potential in the  Africa Energy Series Special Report: DRC 2020  – the leading investor resource for tracking the country's current and future movements within the sector. ...

Aydanur Akkurt - Africa Oil & Power


Posted 17 days agoOpinion > AfricaAfrican EnergyAfrican Energy Chamber +32

U.S. natural gas production, consumption, and exports set new records in 2019

Chevron exited Malampaya in November 2019, as part of an asset review to re-focus on shale, selling its 45% stake to local player Phoenix Petroleum that is part of the Udenna conglomerate. The natural candidate to acquire Shell's departing stake would be PNOC, which is already 10% owner of Malamp ...

Hui Shan


Posted 1 month agoLink > ProductionsupplyConsumption +7

Mozambique: 12 Months in Energy

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Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > MozambiqueMozambique Gas & PowerMGP2021 +14

Currency appreciation makes crude oil less expensive for some oil importers

Just right now, Total has readied the Odfjell DeepSea Stavanger drill rig in the turbulent waters off South Africa, ready to spud a new wildcat in the offshore Block 11B/12B. And if Luiperd-1 meets expectations, it will be more than just success for Total, it will turn South Africa's upstream jou ...

Hui Shan


Posted 3 months agoLink > exportsImportsBrent +6

U.S. natural gas exports to Mexico set to rise with completion of the Wahalajara system

Either way, this has thrown a spanner in the works of the giant, multi-billion oil and gas projects that were announced over the past two years as the energy world began to wake up from its post-2015 price crash investment hibernation. Further impairments were made in April 2020 when the Q1 finan ...

Hui Shan


Posted 4 months agoLink > natural gasPipelinesexports +4

Growth in India’s LNG imports will depend on completion of connecting pipelines

Future growth in India's LNG imports will depend on the timely completion of natural gas pipeline networks. In recent years, growth in India's LNG imports has been driven by declining domestic natural gas production and growing consumption, particularly in the industrial sector (where natural gas ...

Hui Shan


Posted 6 months agoLink > PipelinesexportsImports +3

U.S. total energy exports exceed imports in 2019 for the first time in 67 years

And now, unprecedented oil prices, as the WTI crude price marker slipped into negative territory for the first time ever. This had the same effect, though different contributing factors  in 2019, when WTI prices were depressed because demand was high but pipeline capacity was insufficient to carr ...

Hui Shan


Posted 7 months agoLink > Coalnatural gasexports +5

Amid uncertainty, Kenya’s oil sector looks to drive economic development

Twelve months ago – almost to the day – President Kenyatta announced that Kenya's economic growth would reach an impressive 6.9% in 2020. It seemed realistic too: The President's ‘Big Four' agenda was bearing early fruit, SMEs were flourishing and even tourism far outpaced regional averages. But ...

Derby Omokoh - Resource & Upstream Consulting


Posted 7 months agoPress > KenyaexportsCovid19 +4

This Week in Petroleum

U.S. crude oil exports to China, the third-largest export destination in 2018, fell by nearly 100,000 b/d to average 133,000 b/d in 2019. The eight destinations in Asia and Oceania represent 1.3 million b/d, or a 43% share of total U.S. crude oil exports in 2019, and the five destinations in Euro ...

Hui Shan


Posted 8 months agoLink > ChinaCrude oilexports +2

EIA expects natural gas production and exports to continue increasing in most scenarios

According to projections published in the U.S. Energy Information Administration's (EIA) Annual Energy Outlook 2020 (AEO2020), total dry natural gas production in the United States will continue to increase until 2050 in most of the AEO2020 cases, primarily to support growing U.S. exports of natur ...

Hui Shan


Posted 9 months agoLink > ProductionsupplyAEO +7

This Week in Petroleum: Crude oil prices in 2019 were generally lower than in 2018

These narrow trading ranges occurred as a result of offsetting upward and downward price pressures, despite the largest single-day price increase since 2008, which followed the September attacks on Saudi Arabia's crude oil production and processing infrastructure. In 2019, several factors, includ ...

Hui Shan


Posted 10 months agoLink > ConsumptionDemandCrude oil +6

This Week in Petroleum

September was the first month the United States recorded exporting more petroleum than it importedIn September 2019, the United States exported 89,000 barrels per day (b/d) more petroleum (crude oil and petroleum products) than it imported, the first month this happened since monthly records began ...

Hui Shan


Posted 11 months agoLink > CanadaCrude oilDiesel +11

U.S. petroleum product exports rose slightly in the first half of 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 1 year agoLink > Distillate FuelexportsImports +4

China adds incentives for domestic natural gas production as imports increase

Natural gas production has recently grown in China largely because of increased development in low-permeability formations in the form of tight gas, shale gas, and to a lesser extent, coalbed methane. In June 2019, the Chinese government introduced a subsidy program that established new incentive ...

Hui Shan


Posted 1 year agoLink > ProductionsupplyConsumption +9