Weekly Petroleum Status Report
Summary of Weekly Petroleum Data for the week ending March 22, 2019 U.S. crude oil refinery inputs averaged 15.8 million barrels per day during the week ending March 22, 2019, Continue Reading
High-Level U.S.-China Trade Talks to Resume in Final Push for Deal
Negotiators for the U.S. and China have scheduled a new round of high-level trade talks in Beijing and Washington, aiming to close a deal by late April to end the Continue Reading
Water woes hit henna plant farms in Iraq’s Fao peninsula
n southern Iraq, where the Euphrates and Tigris rivers meet, the Fao peninsula was once known for its swathes of henna plants and palm trees. But the lush greenery of Continue Reading
The Oil Majors Aiming To Save Alaska’s LNG Dreams
Less than two weeks after Alaska Gov. Michael Dunleavy cast doubt over the $43 billion Alaska LNG project, two oil majors have resuscitated hope that the massive capex project could Continue Reading
EU parliament to approve anti-fossil energy laws by mid-Apr
Brussels — The European Parliament is on track to approve all outstanding draft EU energy laws by mid-April, ensuring that the push away from fossil fuels towards renewable energies will Continue Reading
Russian energy ministry, oil companies to discuss global oil deal: sources
Russia’s energy ministry plans to meet domestic oil companies on March 1 to discuss a deal between OPEC and other leading global oil producers to reduce production, two sources familiar Continue Reading
Russia’s Novak says no proposals to alter oil pact despite Venezuela
Russian Energy Minister Alexander Novak said on Thursday that there are risks for global oil markets from the political crisis in Venezuela, yet there are no proposals to reverse the Continue Reading
Short-Term Energy Outlook
Forecast Highlights Global liquid fuels Brent crude oil spot prices averaged $59 per barrel (b) in January, up $2/b from December 2018 but $10/b lower than the average in January Continue Reading
Exclusive: Russia’s Sechin raises pressure on Putin to end OPEC deal
Igor Sechin, head of Russian oil giant Rosneft and one of Vladimir Putin’s closest allies, has written to the Russian president saying Moscow’s deal with OPEC to cut oil output Continue Reading
Nigeria: Oil Thieves, Soldiers in Cat and Mouse Game in Delta Creek
Oil thieves illegitimately refining crude oil at Otor-Edo and surrounding communities in Ughelli South Local Government Area, Delta State, and soldiers from the 222 Battalion, Agbarha-Otor, in the state are Continue Reading