LNG Sector Dangerously Dependent On Chinese Demand
The liquefied natural gas industry has become too reliant on demand for the fuel from China, industry executives warned at last week’s CERAWeek, advising players in the LNG field to Continue Reading
Chinese Refiners Set To Boost Crude Oil Use To New Record In Q3
Chinese refiners are expected to process more than 13 million barrels of crude oil per day for the first time ever in the third quarter this year, a Reuters survey Continue Reading
Drilling Productivity Report
The Drilling Productivity Report uses recent data on the total number of drilling rigs in operation along with estimates of drilling productivity and estimated changes in production from existing oil Continue Reading
Petrochemical Fire Near Houston Is Expected to Burn for Days
A large fire at a petrochemical storage facility near Houston sent a thick black plume of smoke over the U.S.’s fourth-largest city on Monday and was expected to continue for Continue Reading
Why Canadian Oil Giants Won’t Expand Production Capacity
The long-chronicled pipeline woes in Canada continue to bedevil the oil industry. Now, major Canadian companies are holding back on upstream production expansions because of the inability to ship oil Continue Reading
FHWA makes BAA awards for Phase 1 Truck Platooning Early Deployment Assessment
The Federal Highway Administration (FHWA) has made awards under the Broad Agency Announcement (BAA) for a Phase 1 Truck Platooning Early Deployment Assessment. This project is being conducted to understand Continue Reading
Equinor May be Mulling Eagle Ford Sale
Norway’s biggest oil company has held talks with potential suitors for its stake in the Eagle Ford business. (Bloomberg) — Equinor ASA is considering selling all or some of its Continue Reading
Permian Frac Scene Could Get Busier Soon
The oilfield services sector in the Permian Basin could be getting action-packed. Hydraulic fracturing operations appear to be ramping up in the Permian Basin, suggesting that the region’s oilfield services Continue Reading
Has The U.S. Lost The Nordstream 2 Battle?
The Nordstream 2 pipeline represents the last stand of U.S. influence over the internal affairs of Europe. Once finished it will stand as a testament to the fundamental split between Continue Reading
UK’s LNG Imports Jump To Highest Since 2015
The UK is on track to import this month its highest volume of liquefied natural gas (LNG) since October 2015, as a wave of new global LNG supply and muted Continue Reading