Oil & Gas 360º

MARCH 11, 2025

(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. Atkinson authored a report in partnership with Mark P.

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Upstream Oil Gas Field 246

OilPrice

MARCH 12, 2025

Indian imports of crude oil from Russia appear to be rebounding in March following lower purchases earlier this year in the immediate aftermath of the January U.S. sanctions on Russias oil trade.

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Oil Crude Oil Barrel 275

OilPrice

MARCH 12, 2025

Crude oil prices inched higher after starting the week with sharp losses, amid reports of rebounding Asian imports and a weaker dollar that should stimulate stronger demand. At the time of writing Brent crude was trading at $70.05 per barrel, with West Texas Intermediate at $66.75 per barrel, as the U.S. Even an estimated U.S.

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Oil Crude Oil Barrel Gas 243

OilPrice

MARCH 10, 2025

Russia is to restart its key oil and gas operations in the semi-autonomous Kurdistan Region of Iraq (KRI) according to recent comments from its Energy Minister Sergei Tsivilev.

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OilPrice

MARCH 10, 2025

Kazakhstan will reduce the flow oil crude via the Caspian Pipeline Consortium by as much as 70% this month, a senior government official told local media. To date, there have been no reductions in oil transportation through the CPC infrastructure from Kazakhstan. The lion's share of Kazakhstan's oil exports goes through this pipeline.

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Pipeline Oil Government Transportation 247

OilPrice

MARCH 7, 2025

Higher exports and increased demand from the huge new African refinery, Dangote, pushed Nigerias oil production in February 70,000 barrels per day (bpd) above its OPEC+ quota of 1.5 The rise in Nigerian oil production and an increase in Irans output despite U.S. million bpd, a Reuters survey showed.

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Oil IT Refinery Barrel 253

OilPrice

MARCH 7, 2025

Oil prices took a hit this week, and according to Rystad Energy, the bearish mood is realbut temporary. Rystads Mukesh Sahdev, Global Head of Commodity Markets - Oil, notes that the market is fixated on oversupply fears, especially as time spreads narrow dangerously close to contango. Higher flows from Kazakhstan

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Oil Barrel Energy Energy 264

Oil & Gas 360º

MARCH 6, 2025

(World Oil) –Ecuadors President Daniel Noboa has ordered a consortium seeking to take over the nations top oil asset to pay an entry fee of $1.5 Previously, the consortium of local subsidiaries of Chinese oil company Sinopec and New Stratus Energy Inc. billion by March 11, moving up the deadline by more than three weeks.

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Oil Barrel Field Government 233

POWER Magazine

JULY 1, 2024

Brazilian independent power generator Epasa faced significant environmental and operational challenges with heavy fuel oil sludge. Through innovative engineering and problem-solving, the company developed a The post Epasa Breakthrough Transforms Heavy Fuel Oil Sludge into Resource Stream appeared first on POWER Magazine.

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Oil Engineer Engineering Operator 246

OilPrice

MARCH 9, 2025

When the Labour Party of Keir Starmer won the latest UK elections, it vowed to stop new oil and gas exploration. In early February, a Scottish court ruled the previous governments approval of two new oil and gas projects in the North Sea unlawful.

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Oil Gas Exploration and Production Government 239

OilPrice

MARCH 11, 2025

ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5

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Natural Gas Oil Gas IT 248

OilPrice

MARCH 6, 2025

Indonesia is going all-in on oil with a massive $12.5 billion refinery project, aiming to cut imports, boost energy security, and flex some refining muscle.

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Refinery Oil Barrel Government 250

OilPrice

MARCH 7, 2025

billion social fund, which collects revenues from oil and gas exploration and production, as approval ratings of President Luiz Inacio Lula da Silva have slumped to a record low. Brazil looks to boost its economy with money from its $3.5-billion

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OilPrice

MARCH 6, 2025

Tanzania plans to launch in May its fifth oil and gas licensing round for 26 exploration blocks in what will be the East African countrys first such bidding round since 2014.

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Oil Gas IT Upstream 279

OilPrice

MARCH 10, 2025

Shandong Yulong Petrochemical, the newest refiner in China, is set to begin trial runs at a 200,000-barrels per day crude processing unit later this month, traders familiar with the facilitys plans told Reuters on Monday, in what could be a boost to Chinese crude oil imports in the coming months.

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Refinery Oil Crude Oil Barrel 249

POWER Magazine

JANUARY 29, 2025

GW coal-fired […] The post Talen, PJM Reach Agreement to Keep 2 GW of Coal, Oil Generation Online for Reliability in Maryland appeared first on POWER Magazine.

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Oil Utilities Operator Energy 290

OilPrice

MARCH 12, 2025

Argentinas controversial president Javier Milei, a self-described anarcho-capitalist, on taking office enacted strict austerity measures to rein in rampant triple-digit inflation, kick-start the economy and slash a massive fiscal deficit.

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Oil IT 291

OilPrice

MARCH 12, 2025

Traders havent been this bearish on oil in months or so bullish on U.S. natural gas futures showed two contrasting trendsspeculators are betting that oil prices would remain low or go even lower while increasing the bets that natural gas prices would continue marching higher. natural gas in years.

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Natural Gas Oil Gas Management 179

OilPrice

MARCH 6, 2025

Talks on resuming Iraqi oil flows to Turkey once again have ended in deadlock for the second time in a week despite Washington applying pressure to Iraq to resume the exports, Reuters has reported. billion for unauthorized exports by the KRG.

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Oil Barrel Pipeline 209

OilPrice

MARCH 11, 2025

The government of Kazakhstan is talking with the supermajors operating its oil fields to reduce production in line with the OPEC+ agreement to which the Central Asian country is a party.

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Oil Barrel Field Government 213

OilPrice

MARCH 7, 2025

Problems with the salt content in Pemex oil have been solved, the countrys president Claudia Sheinbaum said, after multiple reports about trouble with salt and water content in Pemex crude. The problem of salt in crude has been solved, Sheinbaum said during a regular press conference, as quoted by Reuters.

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Oil IT Refinery 217

Malcolm Graham Wood

MARCH 10, 2025

Oil is down 50 cents today as Chinese inflation data disappoints. The post Oil price, DEC, Savannah. Today DEC join a group to address the growing data centre demand and Savannah have closed the SIPEC acquisition. And finally… appeared first on Malcy's Blog.

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Oil Energy Energy 162

Energy Outlook Advisors

MARCH 12, 2025

There is no bullish case for oil at this stage. Gasoline inventories are currently at a comfortable level, but refinery maintenance might lead to low levels at the start of summer. We will monitor jet fuel demand, expecting it might decline significantly due to slow economic growth and reduced government travel.

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Oil Refinery Maintenance Casing 162

Malcolm Graham Wood

MARCH 6, 2025

Oil stays under pressure today. The post Oil price, Touchstone, Hunting. Touchstone have published reserves more in line with company expectations and Hunting have produced a cracking set of figures with lots of upside. appeared first on Malcy's Blog.

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Oil 147

OilPrice

MARCH 9, 2025

Oil-rich Egypt has big plans for the future of its fossil fuel development with several major new auctions and investments planned for the North African country.

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Oil Gas IT 160

NGT News

MAY 15, 2023

says its Delo 600 ADF 10W-30 and Delo 600 ADF 15W-40 heavy-duty engine oils have been approved for use in Cummins mobile natural gas engines. Chevron Products Co.

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Natural Gas Engineer Engineering Oil 244

Malcolm Graham Wood

MARCH 4, 2025

Oil under pressure due to Opec. The post Oil price, Savannah, UJO, NTOG, Predator. Savannah is back from suspension with a raise and UJO gets better at Moccasin. NTOG raise and Predator are ready to drill. And finally… appeared first on Malcy's Blog.

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Oil Gas Energy Energy 147

OilPrice

MARCH 10, 2025

Global trade in fossil fuels peaked in 2017 and is set to decline as nations seeking energy security accelerate investments in renewable energy and nuclear power, Carlyle Groups Jeff Currie wrote in a research note Monday.

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Oil Energy Energy 273

Malcolm Graham Wood

MARCH 11, 2025

Oil is up today but for no particular reason, talk of a recession in the US, are you sure? The post Oil price, Zephyr, Genel, Deltic. With Zephyr updating on production and looking forward to the Paradox and Deltic making progress at Selene very well. Finally yesterday Genel announced a foray into Oman which looks really good.

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Oil Energy Energy 147

OilPrice

MARCH 10, 2025

billion (C$15 billion) deal that will create a leading Canadian light oil and condensate producer, the companies said on Monday. billion (C$15 billion), and 370,000 barrels of oil per day (boe/d) of production, 63% of Whitecap Resources and Veren have agreed to merge in a US$10.4 billion (C$15 billion), inclusive of net debt.

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Oil Condensate Barrel 175

OilPrice

MARCH 12, 2025

Crude oil inventories in the United States saw an increase of 1.4 Crude oil prices were trading up prior to the crude data release by the U.S. crude oil inventories amid strong product draws. crude oil inventories amid strong product draws. Energy Information Administration released on Wednesday.

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American Petroleum Institute Crude Oil Barrel API 317

Oil & Gas 360º

MARCH 12, 2025

Weekly Crude Oil Storage as of March 7, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.7 crude oil refinery inputs averaged 15.7 crude oil imports averaged 5.5 Over the past four weeks, crude oil imports averaged about 5.8 million barrels, U.S.

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Crude Oil Barrel Oil Petroleum 130

Malcolm Graham Wood

MARCH 7, 2025

Oil has bounced today and is only $2 down on the week.Today DEC remind markets about dilution, not and JOG see Dana step back from the FPSO. The post Oil price, DEC, Serica, JOG, Hunting, Tower, EOG. The post Oil price, DEC, Serica, JOG, Hunting, Tower, EOG. And finally… appeared first on Malcy's Blog.

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Oil Gas Energy Energy 147

OilPrice

MARCH 7, 2025

Saudi Arabia just dialed back its crude prices for Asia, according to Aramcos just-published rate sheet. The company has trimmed official selling prices (OSPs) for the first time in three months, with Aramcos April price sheet now showing Arab Light at $3.50 per barrel over Oman/Dubai, a 40-cent cut. sanctions squeezing Russian supply.

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Barrel Oil IT 297

OilPrice

MARCH 7, 2025

Crude oil prices remain under pressure, struggling to gain upside traction as bearish fundamentals dominate sentiment. A combination of OPEC+ supply hikes, trade war escalations, and weak demand indicators has kept oil bulls at bay, reinforcing a bearish outlook for the market.

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Oil Crude Oil Barrel IT 151

Malcolm Graham Wood

MARCH 3, 2025

Oil remains under pressure with tariffs and Opec all imminent. The post Oil price, JOG, Hunting, Petrofac. Today JOG are remarkably upbeat and rightly so, Hunting have done some housekeeping and PFC goes from one court appearance to another. And finally… appeared first on Malcy's Blog.

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Oil Gas 130

Malcolm Graham Wood

FEBRUARY 26, 2025

Oil is weak after economic data and geo-political influences were all negative. The post Oil price, Corcel. Corcel has announced that Askar Alshinbayev has taken an 8.4% And finally… appeared first on Malcy's Blog.

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Oil 130