Nigeria Upstages Angola in Crude Oil Production
Nigeria has steadily overtaken Angola as the top oil and gas producer in Africa, with an increased out put of 91,500 barrels per day (bpd) in February 2018. Angola, which Continue Reading
As Venezuela oil sanctions approach, US Gulf Coast refiners diversify
US imports of Venezuelan crude have fallen to near historic lows and five Gulf Coast refineries now import nearly every barrel the imperiled South American nation exports here, new US Continue Reading
Venezuela’s Oil Sector May Soon Have New Owners
Venezuela’s oil production fell by another 100,000 barrels per day (bpd) in March, a devastating blow that will only make the country’s economic crisis worse. Output is expected to continue Continue Reading
Venezuelan Crude Exports To U.S. Gulf Coast Refiners Plunge
Gulf Coast Refineries in the United States are importing crude oil from other countries in order to insulate themselves from possible US-imposed sanctions on Venezuela. Using data compiled in part Continue Reading
Chile’s ENAP, Argentina’s YPF inaugurate $354 million offshore gas project
The state-run energy firms of Chile and Argentina said on Wednesday they had inaugurated a $354 million project to increase production of natural gas off the southern tip of South Continue Reading
BP sees 5-10 percent of global earnings from India
Oil giant BP Plc expects almost a tenth of its global earnings from India over the next decade as it bets big on natural gas output, marketing and renewable initiatives Continue Reading
Special report: As oil boom goes bust, Oklahoma protects drillers and squeezes schools
After intense lobbying, Oklahoma’s oilmen scored a victory two years ago. State lawmakers voted to keep in place some of the lowest taxes on oil and gas production in the Continue Reading
Oil giants stay in their own backyards in U.S. auction
The Trump administration heralded the government’s sale last month of U.S. drilling leases in the Gulf of Mexico as a bellwether. If that is the case, a Reuters analysis of Continue Reading
States line up to oppose EPA actions on fuel and emissions standards
With threats of legal action, if necessary, U.S. state attorneys general said they would oppose an EPA effort to weaken auto fuels and emissions standards. U.S. Environmental Protection Agency Administrator Continue Reading
California considered for offshore wind
A consortium of power and engineering firms are advancing on what could be the first wind farm off the coast of California, the project director said. The Redwood Coast Energy Continue Reading