Oil exploration plans revealed for Cuba
Australian energy company Melbana outlines plans for oil exploration efforts in Cuba by next year. File photo by Ernesto Mastracusa/EPA. July 19 (UPI) — Amendments to a work plan for Continue Reading
U.S. May Halt Oil Imports From Venezuela
The Trump administration is mulling over sanctions against senior Venezuelan government officials, and additional measures could include sanctions against the country’s oil industry, such as halting imports into the U.S., Continue Reading
Factbox: Impacts of US sanctions on Venezuelan oil –
The Trump administration is considering major sanctions on Venezuelan oil exports into the US, a policy move which could exacerbate the current heavy crude supply tightness, and cause a months-long dip Continue Reading
IEA: U.S. has unique role in oil, LNG
The United States stands in a unique position in the energy market with a robust shale oil sector and prospects for liquefied natural gas, the IEA said. Fatih Birol , Continue Reading
BHP to expand U.S. onshore work, though output falters
U.S. oil field development extends into 2018 on the back of increased spending, but total petroleum production falters on field maturation, BHP Billiton said. Onshore U.S. production for the Australian Continue Reading
Coal has no future, says US railroad boss
One of the largest haulers of US coal says fossil fuels have no future, despite pledges to the contrary from President Donald Trump. CSX, a freight railroad company with origins Continue Reading
Permian Oil Reserves Are Grossly Exaggerated
We are entering a new age of American energy dominance according to Energy Secretary Rick Perry . President Trump reflected that view in comments he made last week that “…we’ve Continue Reading
“Dirty, Difficult, And Dangerous”: Why Millennials Won’t Work In Oil
Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials . But unlike any other Continue Reading
Summary of Weekly Petroleum Data for the Week Ending July 14, 2017
U.S. crude oil refinery inputs averaged over 17.1 million barrels per day during the week ending July 14, 2017, 125,000 barrels per day less than the previous week’s average. Refineries Continue Reading
Russia boasts of Turkish gas pipeline progress
Russian energy company Gazprom is moving forward with developments of a gas pipeline through Turkey with shallow-water preparations, a spokesperson said. Russian energy company Gazprom said construction of a pipeline Continue Reading