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Month: October 2018

Category:
  • Mexico

Pemex production down 40k barrels per day, continuing multi-year slide

Mexican state oil company Pemex crude oil production fell to 1.83 million barrels per day in the third quarter ended September, compared with 1.87 million barrels per day in the Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Brazil

Analysis: Brazil’s Bolsonaro likely to advance oil-industry reforms

Brazil’s oil and natural gas industry will likely continue to see reforms aimed at luring investments and boosting production, especially in the highly productive subsalt frontier, after the country elected Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Mexico

Cancellation of $13 billion airport in Mexico raises concerns among energy investors: analysts

President-elect Andres Manuel Lopez Obrador’s decision to cancel the construction of the $13-billion New International Mexico City Airport (NAICM) sets a concerning precedent for energy investments in the country, multiples Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • China

China new solar power capacity down 20 percent over January-September: regulator

China’s newly added solar power capacity fell nearly 20 percent year on year for the January to September period, official data showed on Tuesday, hit by government efforts to reduce Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • South Korea

S Korea’s Q3 auto exports fall 14% on year as overseas demand weakens

South Korea exported 550,000 automobiles from July to September, down 13.6% year on year due to weak overseas demand, the Korea Customs Service said Tuesday. Receive daily email alerts, subscriber Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

U.S. Oil and Natural Gas Wells by Production Rate

Introduction One way of developing deeper insight into the rapid growth in U.S. oil and natural gas production over the past few years, driven by technological innovation in drilling and Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Oil Production On Federal Lands To Hit New Record

Crude oil production from onshore federal lands reached a record high over the first seven months of this year, New York Times’ Eric Lipton said in a tweet responding to Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Stripper oil wells remain large portion of US wells, but share of output falling: EIA

US stripper wells, which produce an average of less than 15 b/d, account for more than 80% of all US oil wells, roughly the same percentage from nearly two decades Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • exports
  • USA

First USGC onshore VLCC terminal to be developed on Harbor Island by end-2020

The Port of Corpus Christi and global alternative asset manager Carlyle Group agreed to develop the first onshore VLCC loading terminal at Harbor Island by the end of 2020, the Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple
Category:
  • Biofuels

Trump Admin E15 Boost Concerns Voters in Poll

‘Consumers are speaking loud and clear,’ says API exec. President Trump recently instructed the U.S. Environmental Protection Agency (EPA) to take steps that would allow gasoline blends containing up to Continue Reading

Posted On : 30 Oct 2018 Published By : Tom Whipple

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