“(N)o one has been able to build pipelines from the shale plays in the Northeast to demand centers,” said a Houston-based analyst. (Bloomberg) — A second tanker carrying Russian natural Continue Reading
“Leave us alone and leave all these issues. We had enough of shale oil and talks of shale. Please talk about anything else,” Saudi oil minister Khalid al-Falih said in Continue Reading
Incremental gains from southern fields have helped Iraq partially recover from temporary production stoppages at Bai Hassan and Avana. The Badra oil field on Dec. 6, 2017. (SAMYA KULLAB/Iraq Oil Continue Reading
deal . The vessel’s arrival is part of a $16 billion project by Total on the Egina field, the French company told AFP. Egina lies 150 kilometers from Nigeria’s southeastern Continue Reading
The Pan Niger Delta Forum (PANDEF) yesterday convened an emergency meeting to address the rising tension in the region, particularly the threat by the Niger Delta Avengers to commence “operation Continue Reading
China’s state planner said on Friday it will launch a fresh crackdown on oil refiners that expand capacity without official approval, the latest sweeping move by Beijing to curb unfettered Continue Reading
The Wall Street Journal reported last week that Venezuela’s oil output in December fell by 11 percent, to 1.62 million barrels per day (BPD). That capped a decline of 29 Continue Reading
Over the past decade, Mexico’s crude oil production has been falling due to a natural decline at mature fields and a lack of significant start-ups to compensate. Over the past Continue Reading
The last time U.S. drillers pumped 10 million barrels of crude a day, Richard Nixon was in the White House. The first oil crisis hadn’t yet scared Americans into buying Continue Reading
More than two dozen small U.S. refineries are seeking waivers from the nation’s biofuels law, an unusually high number that reflects growing oil industry resistance to the program, according to Continue Reading
