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Month: March 2019

Category:
  • India
  • Venezuela

U.S. presses India to stop buying oil from Venezuela’s Maduro: envoy

The United States is pressing India to stop buying oil from Venezuelan President Nicolas Maduro’s government, Washington’s top envoy for Venezuela said, as the Trump administration this week threatened more Continue Reading

Posted On : 11 Mar 2019 Published By : Tom Whipple
Category:
  • Venezuela

Footage Contradicts U.S. Claim That Maduro Burned Aid Convoy

The narrative seemed to fit Venezuela’s authoritarian rule: Security forces, on the order of President Nicolás Maduro, had torched a convoy of humanitarian aid as millions in his country were Continue Reading

Posted On : 11 Mar 2019 Published By : Tom Whipple
Category:
  • China

China expands switch from polluting coal heating in 2018 -environment minister

China expanded its coal-to-gas and coal-to-electricity projects to 35 cities in 2018 from 12 cities the previous year, China’s environment minister, Li Ganjie, said on Monday, as the world’s second-largest Continue Reading

Posted On : 11 Mar 2019 Published By : Tom Whipple
Category:
  • USA

Oil majors strut into Houston for annual energy conference

The oil industry converges this week on Houston at CERAWeek, the largest gathering of top energy executives in the Americas, with oil majors showing a bigger presence as the United Continue Reading

Posted On : 11 Mar 2019 Published By : Tom Whipple
Category:
  • USA

Energy Leaders Convene in Texas as U.S. Oil and Gas Output Surges

America’s growth as an oil and gas superpower, and the uncertainties companies face due to disruptive technologies and regulations, are set to be buzzy topics in Houston starting Monday as Continue Reading

Posted On : 11 Mar 2019 Published By : Tom Whipple
Category:
  • exports

Occidental emerges as heavy hitter in U.S. oil export boom

Occidental Petroleum Corp has emerged as one of the biggest exporters of U.S. shale oil, rivaling large trading firms and oil majors, in a market now worth more than $150 Continue Reading

Posted On : 11 Mar 2019 Published By : Tom Whipple
Category:
  • IEA
  • Iran
  • Venezuela

CERAWeek: With sanctions, Iran, Venezuelan oil output to fall by 1.76 mil b/d in 2019, EIA forecasts

Crude oil production capacity in Iran and Venezuela will fall by a combined 1.76 million b/d if US sanctions on these countries remain in place, the International Energy Agency said Continue Reading

Posted On : 11 Mar 2019 Published By : Tom Whipple
Category:
  • Shale Oil

CERAWeek: IEA forecasts surging Permian output to lead US over Russia in oil exports

Fueled by rapid growth in the Permian, US oil production will climb by more than 2.76 million b/d to 13.72 million b/d by 2024 as the US is forecast to Continue Reading

Posted On : 11 Mar 2019 Published By : Tom Whipple
Category:
  • OPEC
  • Shale Oil

CERAWeek: Spotlight on sanctions, OPEC oil cuts, record US output, and investment in Houston

 The global oil market will be watching Houston this week for signals out of the CERAWeek by IHS Markit conference on the path forward on US sanctions on PDVSA, the Continue Reading

Posted On : 11 Mar 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Permian Refinery to Apply Lessons from Bakken Project  

Meridian Energy Group, Inc., which is building a greenfield refinery in North Dakota to process Bakken crude, reported recently that it will build a similar facility in the Permian Basin. Continue Reading

Posted On : 11 Mar 2019 Published By : Tom Whipple

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