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Guyana has estimated its future oil production at 1 million barrels per day by 2027, from seven floating production, storage, and offloading (FPSOs) vessels in country, according to natural resources minister Vickram Bharrat said on Tuesday, cited by Argus.
2021/04/16 10:20
Canada’s crude oil imports fell by 20 percent in 2020 due to lower demand in the pandemic, but the United States further cemented its position as top oil supplier to Canada, supplying nearly four out of every five barrels of oil, the Canada Energy Regulator said on Wednesday.
2021/04/15 09:32
As many as 375 local and state elected officials are calling on the Biden Administration to institute a ban on new oil and gas drilling permits on federal lands and in federal waters and stop energy infrastructure for fossil fuels.
2021/04/14 18:43
The EIA might be forecasting that the Permian Basin’s oil production will be rebounding soon, but overall, today’s U.S. oil production is still 2 million barrels per day below the levels seen in January 2020.
2021/04/13 19:12
The Dakota Access Pipeline will not be ordered to shut down while pending review, government lawyers told U.S. District Judge Brian Boasberg on Friday, much to the ire of environmentalists who have long called for the pipeline to be shut down.
2021/04/12 21:03
China has set a world record for deep-sea drilling in the South China Sea, Chinese state media reported, while tensions in the disputed area are rising.
2021/04/10 16:58
The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard (PFG) follow through with their threat to shut down exports if their demands for pay are not met.
2021/04/09 10:31
Oman is looking at several options to plug the holes in its budget, according to anonymous sources that disclosed the information to Bloomberg—and it’s taking a hard look at state-energy company OQ to do that.
2021/04/09 09:07
China’s crude oil imports are estimated to have declined by 8.81 percent month over month in March to stand at 11.26 million barrels per day (bpd), energy analytics services provider OilX said, noting that its assessment doesn’t show massive crude flows from Iran into China last month.
2021/04/08 18:59
According to the latest amendments to the Russian government's energy development plan, Russia has drastically cut its forecasts for domestic crude oil, natural gas and coal production in 2021 and 2022.
2021/04/07 18:42
Total U.S. energy consumption last year fell to just 93 quadrillion BTUs, down 7% from the year prior, according to data from the Energy Information Administration (EIA).
2021/04/06 08:34
The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing countries agreed on the 1st to gradually increase oil production in the three months starting in May.
2021/04/05 16:24
Guyana has estimated its future oil production at 1 million barrels per day by 2027, from seven floating production, storage, and offloading (FPSOs) vessels in country, according to natural resources minister Vickram Bharrat said on Tuesday, cited by Argus.
Canada’s crude oil imports fell by 20 percent in 2020 due to lower demand in the pandemic, but the United States further cemented its position as top oil supplier to Canada, supplying nearly four out of every five barrels of oil, the Canada Energy Regulator said on Wednesday.
As many as 375 local and state elected officials are calling on the Biden Administration to institute a ban on new oil and gas drilling permits on federal lands and in federal waters and stop energy infrastructure for fossil fuels.
The EIA might be forecasting that the Permian Basin’s oil production will be rebounding soon, but overall, today’s U.S. oil production is still 2 million barrels per day below the levels seen in January 2020.
The Dakota Access Pipeline will not be ordered to shut down while pending review, government lawyers told U.S. District Judge Brian Boasberg on Friday, much to the ire of environmentalists who have long called for the pipeline to be shut down.
China has set a world record for deep-sea drilling in the South China Sea, Chinese state media reported, while tensions in the disputed area are rising.
The largest oilfield in Libya, the 300,000-bpd Sharara field, could see crude oil exports from it disrupted if members of the Petroleum Facilities Guard (PFG) follow through with their threat to shut down exports if their demands for pay are not met.
Oman is looking at several options to plug the holes in its budget, according to anonymous sources that disclosed the information to Bloomberg—and it’s taking a hard look at state-energy company OQ to do that.
China’s crude oil imports are estimated to have declined by 8.81 percent month over month in March to stand at 11.26 million barrels per day (bpd), energy analytics services provider OilX said, noting that its assessment doesn’t show massive crude flows from Iran into China last month.
According to the latest amendments to the Russian government's energy development plan, Russia has drastically cut its forecasts for domestic crude oil, natural gas and coal production in 2021 and 2022.
Total U.S. energy consumption last year fell to just 93 quadrillion BTUs, down 7% from the year prior, according to data from the Energy Information Administration (EIA).
The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC oil-producing countries agreed on the 1st to gradually increase oil production in the three months starting in May.