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Alberta Discuses Heavy Oil Sales With Large Overseas Buyer

OilPrice

The potential deal with the multinational company, which Alberta didnt name, would be a first-of-its-kind transaction that would see the overseas transport and sale of about 2 million barrels per month of Government of Alberta owned heavy oil via the Alberta Petroleum Marketing Commission (APMC).

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Oil dips as economic concerns, supply and demand expectations weigh

Oil & Gas 360º

a barrel at 10:25 a.m. West Texas Intermediate crude futures fell 39 cents, or 0.6%, to $67.29a barrel. million barrels, more than the 1.9 million-barrel draw expected by analysts, while distillate stocks also dropped more than anticipated, despite gains in crude stocks. million barrels per day, expanding 1.7

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Tidewater Selects Topsoe’s H2bridge Technology to Produce Renewable Diesel

NGT News

a midstream company focused on natural gas processing, fractionation, storage, transportation and marketing, says it is utilizing Topsoe’s H2bridge technology to produce approximately 3,000 barrels per day of renewable diesel from its proposed renewable diesel facility. Tidewater Midstream and Infrastructure Ltd.,

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MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf

Permian Basin Oil and Gas Magazine

BANGL transports up to 250,000 barrels per day of natural gas liquids from Permian Basin in west Texas to fractionation markets on the Gulf Coast. It currently is being expanded to 300,000 b/d by second half 2026.

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What’s Happening: The Unexpected Growth in U.S. Oil Inventories and What It Means for the Industry

Rextag

crude oil inventories grew by 545,000 barrels last week to reach 430.3 million barrels , defying analyst forecasts of an 800,000-barrel decline. million barrels to 389.2 million barrels, while stockpiles at Cushing, Oklahomathe key Nymex delivery hubfell by 140,000 barrels to 25.1 million barrels.

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Ghana’s crude oil production dips 9.54% in 2023

Reporting Oil and Gas

million barrels, according to Finance Minister Ken Ofori-Atta. million barrels, the TEN field produced 5.02 million barrels, and the Sankofa-Gye Nyame field yielded 8.46 million barrels. million barrels produced in the same period in 2022. million barrels on behalf of the state. However, this marked a 9.54

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Permian Basin Economic and Energy Update: Q4 2024

Oil Gas Leads

per barrel , marking a 5.2% per barrel of oil equivalent (boe) , up 15.6% per boe , reflecting improved transportation dynamics and stronger demand. million barrels per day (bpd) , reflecting a 1.3% Energy Market Trends: Prices on the Rise Crude oil and natural gas prices saw notable increases in Q4.

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