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Oil & Gas Trade
China’s Customs Authorities Show Iranian Oil Imports Declined Further in June
The latest figures issued by China’s customs authorities show Iranian oil imports declined further in June reaching a low of 208,205 barrels per day, down 60 p…
Oil&Gas Drilling
Is the United States Really Energy Independent?
Like Iran, we have a refinery problem. Is the United States really energy independent? Is Iran? As the two nations inch toward confrontation, the complexity of …
Oil&Gas Drilling
Natural Gas Flares are Still Wasteful and Environmentally Harmful
When companies drill for oil, the process can also release natural gas (primarily composed of methane) as a byproduct, called associated gas. For safety reasons…
Shale Gas
Harmful Air Emissions Could Increase From Shale Gas Production
Harmful air emissions could increase from shale gas production through fracking in Europe, despite natural gas releasing fewer pollutants than other fossil fuel…
Oil&Gas Drilling
Oneok to Boost Bakken Gas Processing Plant's Capacity by 200 MMcf/d
In order for the Bakken Shale to continue growing oil production, natural gas capture and processing capacity must catch up to the increasing volumes of the ass…
Oil & Gas Trade
Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd
Saudi Arabia, the world’s top crude oil exporter and the largest oil producer in OPEC, is one of the few oil producers in the Middle East that have some altern…
Oil & Gas Trade
Excess Output and Slowing Domestic Demand Forces China to Export Petrol Cargoes
A wave of new production and slowing domestic demand have forced China to export petrol cargoes to Nigeria and Mexico as the Asian country ramps up petrol expor…
Oil&Gas Drilling
America' s Biggest Owner of Drilling Rigs Said Shale Drilling Fell the Most in Seven Months
Three months ago, when Helmerich had 220 of its rigs hired out, CEO John Lindsay told investors the second quarter would be the nadir for his fleet. But after t…
Fossil Fuels Now Provide 79.4 Per cent of Overall UK Energy Mix
Oil, gas, and coal now provide 79.4 per cent of overall UK energy mix, while renewables' role hits record high, official government statistics reveal.
Oil & Gas Trade
Venezuela Opposition Divided by Proposal for Iraq-Style 'Oil-for-Food' Program
A proposal to modify U.S. oil sanctions on Venezuela to allow crude exports to be bartered for food has divided the country’s opposition between those who say …
Oil&Gas Drilling
Conservation Groups have Sued the Trump Administration
Conservation groups have sued the Trump administration for leasing roughly 4,200 acres of public lands for oil and natural gas drilling and helium fracking in n…
Oil and Gas Equipment
Saudi Aramco will Reducing Reliance on Hormuz by Finishing Pipeline Expansion
Saudi Aramco expects to complete the expansion of an oil pipeline that runs east-west across the country by September, increasing the amount the kingdom can shi…
LNG
India to Drive the Capacity Growth of LNG Regasification Industry in Asia, Oceania
India is expected to drive capacity growth in Asia and Oceania’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) pro…
Crude
The Extension of the OPEC+ Oil Production Cuts will Impact the Economies of Arab
The extension of the OPEC+ oil production cuts into 2020 will impact the economies of the key Arab oil producers, according to a quarterly Reuters poll of 30 ec…
China National Offshore Oil Corporation
China National Offshore Oil Corporation is the largest offshore oil and gas producer in China. Headquartered in Beijing, CNOOC was founded in 1982.
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