exports


All posts for exports

Mozambique: 12 Months in Energy

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Aydanur Akkurt - Africa Oil & Power


Posted 4 days 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 30 days 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 2 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 4 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 4 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 - Upstream Consulting Company Lagos


Posted 5 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 6 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 6 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 8 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 9 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 10 months 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 10 months agoLink > ProductionsupplyConsumption +9

The United States now exports crude oil to more destinations than it imports from

As U.S. crude oil export volumes have increased to an average of 2.8 million barrels per day (b/d) in the first seven months of 2019, the number of destinations (which includes countries, territories, autonomous regions, and other administrative regions) that receive U.S. exports has also increase ...

Hui Shan


Posted 10 months agoLink > exportsImportsCrude oil +5

EIA forecasts lower crude oil prices despite tighter global liquid fuels balances

Despite tighter forecast global petroleum markets in the second half of 2019, EIA expects that the Brent crude oil price will average $60.63/b in the second half of 2019, nearly unchanged from the $60.68/b forecast in the September STEO. EIA forecasts that global petroleum inventories will increa ...

Hui Shan


Posted 11 months agoLink > CanadaChinaCrude oil +4

This Week in Petroleum: U.S. crude oil exports continued to grow in the first half of 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 11 months agoLink > CanadaChinaCrude oil +4