The disputed South China Sea may soon see an escalation in tensions over oil drilling rights between China and the Phillippines
Philippines Ready To Claim Oil Resources With Military
The disputed South China Sea may soon see an escalation in tensions over oil drilling rights between China and the Phillippines, according to Phillippine President Rodrigo Duterte who spoke to the public late on Monday.
2021/04/20 12:06
the winter storms in February led to higher natural gas withdrawals
Texas Freeze Led To 10.6% Higher Natural Gas Withdrawals
Due to the winter storms in February, net natural gas withdrawals from storage this heating season exceeded the five-year average by 10.6 percent, the Energy Information Administration (EIA) said on Friday.
2021/04/19 10:06
The throughput of Chinese refineries last month averaged 14.08 million bpd last month, up by 19.7 percent on the year
Chinese Refineries Processed 20% More Crude In March
The throughput of Chinese refineries last month averaged 14.08 million bpd last month, up by 19.7 percent on the year thanks to the recovery in demand for fuels and China’s stocking up on finished products before maintenance season begins.
2021/04/17 10:00
As many as 100 oil and gas projects are set to start in Nigeria by 2025,
Nigeria Set To Start-up 100 Oil & Gas Projects By 2025
As many as 100 oil and gas projects are set to start in Nigeria by 2025, accounting for 23 percent of all projects starts in the industry in Africa within the next five years, data and analytics company GlobalData said in a new report.
2021/04/17 09:10
Guyana Estimates Future Oil Production At 1 Million Bpd
Guyana Estimates Future Oil Production At 1 Million Bpd
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
U.S. Boosts Oil Exports To Canada
U.S. Boosts Oil Exports To Canada
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
U.S. State And Local Officials Call On Biden To Ban New Oil Permits
U.S. State And Local Officials Call On Biden To Ban New Oil Permits
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
U.S. Oil Production Still 2 Million Bpd Under Pre-Pandemic Levels
U.S. Oil Production Still 2 Million Bpd Under Pre-Pandemic Levels
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
North Dakota Oil Pipeline Prevails Over Environmentalists
North Dakota Oil Pipeline Prevails Over Environmentalists
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 Sets World Record For Deep-Sea Drilling In Disputed South China Sea
China Sets World Record For Deep-Sea Drilling In Disputed South China Sea
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 Sharara
Libya’s Largest Oilfield Could See Exports Interrupted
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's State-owned Oil Company
Oman's State-owned Oil Company OQ Mulls IPO
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
The disputed South China Sea may soon see an escalation in tensions over oil drilling rights between China and the Phillippines
Philippines Ready To Claim Oil Resources With Military
The disputed South China Sea may soon see an escalation in tensions over oil drilling rights between China and the Phillippines, according to Phillippine President Rodrigo Duterte who spoke to the public late on Monday.
the winter storms in February led to higher natural gas withdrawals
Texas Freeze Led To 10.6% Higher Natural Gas Withdrawals
Due to the winter storms in February, net natural gas withdrawals from storage this heating season exceeded the five-year average by 10.6 percent, the Energy Information Administration (EIA) said on Friday.
The throughput of Chinese refineries last month averaged 14.08 million bpd last month, up by 19.7 percent on the year
Chinese Refineries Processed 20% More Crude In March
The throughput of Chinese refineries last month averaged 14.08 million bpd last month, up by 19.7 percent on the year thanks to the recovery in demand for fuels and China’s stocking up on finished products before maintenance season begins.
As many as 100 oil and gas projects are set to start in Nigeria by 2025,
Nigeria Set To Start-up 100 Oil & Gas Projects By 2025
As many as 100 oil and gas projects are set to start in Nigeria by 2025, accounting for 23 percent of all projects starts in the industry in Africa within the next five years, data and analytics company GlobalData said in a new report.
Guyana Estimates Future Oil Production At 1 Million Bpd
Guyana Estimates Future Oil Production At 1 Million Bpd
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.
U.S. Boosts Oil Exports To Canada
U.S. Boosts Oil Exports To Canada
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.
U.S. State And Local Officials Call On Biden To Ban New Oil Permits
U.S. State And Local Officials Call On Biden To Ban New Oil Permits
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.
U.S. Oil Production Still 2 Million Bpd Under Pre-Pandemic Levels
U.S. Oil Production Still 2 Million Bpd Under Pre-Pandemic Levels
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.
North Dakota Oil Pipeline Prevails Over Environmentalists
North Dakota Oil Pipeline Prevails Over Environmentalists
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 Sets World Record For Deep-Sea Drilling In Disputed South China Sea
China Sets World Record For Deep-Sea Drilling In Disputed South China Sea
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 Sharara
Libya’s Largest Oilfield Could See Exports Interrupted
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's State-owned Oil Company
Oman's State-owned Oil Company OQ Mulls IPO
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.

Zhongyuan Oilfield opens a new mode of intelligent brain 2.0 for oil wells

2020/06/17 16:40
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On June 17, at the Wen 72-129 well site of Wenliu Oil Production Plant in Zhongyuan Oilfield, production workers were debugging the parameters of the wellhead multi-parameter sensing device. This device is the latest monitoring device after upgrading. Compared with traditional digital pressure gauges and thermostats, this device overcomes the problems of poor performance, complex structure, and easy damage, and greatly improves work efficiency. At the same time, the “smart brain” of oil wells has been upgraded again. At present, the device has been widely promoted in oil fields. Since the application of this device, Wenliu Oil Production Plant alone has saved more than 1 million yuan in maintenance costs for digital pressure gauges and thermostats.