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| 1. News on Oil Prices | |
 | 19 August 2017 : Global crude oil price of Indian basket was USD 49.06 per bbl... {indiainfoline.com} |
| The international crude oil price of Indian Basket as computed/published on Friday by Petroleum Planning and Analysis Cell . . . | |
| | 19 August 2017 : Gas prices in Sudbury down slightly to 113.6 {sudbury.com} |
| Gas prices in Greater Sudbury have dropped slightly, with most stations now charging 113.6, according to GasBuddy.com . . . | |
| | 19 August 2017 : Gas prices down across the province this week {capebretonpost.com} |
| In Cape Breton, a litre of regular unleaded self serve gasoline is selling for 108.3 cents per litre and a maximum price of 110.5 cents per litre . . . | |
| | 19 August 2017 : Oil ends sharply higher, with U.S. prices down a third week in a row {marketwatch.com} |
| Oil prices shifted higher Friday, jumping about 3% in a surprise rally for the session on the back of unconfirmed reports of a unit . . . | |
| | 18 August 2017 : Gas prices trend upward in summer’s final months {yourwestvalley.com} |
| Gas prices have remained relatively low in the Valley despite one of the hottest summers in recent memory, with the average price of a gallon hardly reaching $2.30 . . . | |
| | 18 August 2017 : Gasoline retail prices creep up in country {khmertimeskh.com} |
| Retail prices for gasoline have gradually increased by approximately 5 percent since December last year, raising concern from motorists . . . | |
| | 18 August 2017 : Petrol prices hike by Rs 5 in 45 days {indiatimes.com} |
| Ever since the Government has implemented daily fuel price revision mechanism across the country, it seems that citizens have lost the track of petrol and diesel prices . . . | |
| | 18 August 2017 : Gas prices plummet in Lincoln in price war {journalstar.com} |
| Murphy Express and EZ-GO both started selling regular unleaded gasoline for $1.91 a gallon Tuesday night at their stations near 84th and Adams streets . . . | |
| | 18 August 2017 : Oil rises more than one percent on bets U.S. inventories falling {Reuters} |
| Oil prices rose on Thursday as renewed attention was put on U.S. oil stockpile declines after an industry report suggested oil inventories at the Cushing . . . | |
| | 17 August 2017 : Crude oil settles lower as US production hits 2-year high {investing.com} |
| Crude futures settled lower on Wednesday, as data showing U.S. crude production rose to its highest in over two years . . . | |
| More news on Oil Prices | ^Jump to the top^ | |
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| 2. Rig News | |||||||||||||||||
| | 19 August 2017 : Shell to deploy Maersk Drilling rig for work offshore Trinidad {offshore-technology.com} | ||||||||||||||||
| Shell has contracted Maersk Drilling for the deepwater semi-submersible rig Mærsk Developer, which is set to be deployed in the East Coast Marine Area . . . | |||||||||||||||||
| | 19 August 2017 : Gulf rig count lowest in almost a year {houmatoday.com} | ||||||||||||||||
| The number of rigs exploring for oil and gas in the Gulf of Mexico dropped by one last week and remain at their lowest level in nearly a year . . . | |||||||||||||||||
| | 19 August 2017 : Permian Basin’s rig count is unchanged at 377 {mrt.com} | ||||||||||||||||
| According to data from Baker Hughes, Midland County dropped to 45 rigs and the Permian held at 377. Reeves County ticked one higher to 68 . . . | |||||||||||||||||
| | 19 August 2017 : Greenpeace boat detained by Norway coastguard over action at oil rig {thelocal.no} | ||||||||||||||||
| The ship was demonstrating at a rig owned by Norwegian oil multinational Statoil located in the Barents Sea, reports The Independent Barents Observer . . . | |||||||||||||||||
| | 18 August 2017 : Conoco to start dismantling historical Norwegian oil platform {Reuters} | ||||||||||||||||
| ConocoPhillips has won permission to prepare for the removal of the first permanent oil platform built off Norway more than 40 years ago . . . | |||||||||||||||||
| | 17 August 2017 : Transocean to buy Norwegian rig firm Songa Offshore... {businessinsider.com} | ||||||||||||||||
| Transocean, one of the world's biggest drilling rig operators, has agreed to buy Norwegian competitor Songa Offshore . . . | |||||||||||||||||
| | 17 August 2017 : Statoil to drill more in the North Sea {upi.com} | ||||||||||||||||
| The Norwegian government said it signed off on plans from energy company Statoil to start new drilling operations in the North Sea . . . | |||||||||||||||||
| | 17 August 2017 : Oil worker airlifted from Dunbar rig due to... {energyvoice.com} | ||||||||||||||||
| Shetland Coastguard’s helicopter was called out this morning when an oil rig worker suffered a heart attack . . . | |||||||||||||||||
| | 16 August 2017 : Transocean to buy Norwegian rig firm Songa offshore... {epmag.com} | ||||||||||||||||
| Transocean Ltd., one of the world's biggest drilling rig operators, has agreed to a deal to buy Norwegian competitor . . . | |||||||||||||||||
| | 15 August 2017 : Rowan cutting Gulf of Mexico jobs with more on the way {chron.com} | ||||||||||||||||
| Rowan is following the trend of the sluggish offshore energy sector, idling rigs and cutting jobs as the contracts expire for its rigs and deepwater drillships in the Gulf . . . | |||||||||||||||||
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| 3. News on Oil Exploration | |
| | 19 August 2017 : Gambia opens bids for oil exploration {thepoint.gm} |
| Government has maintained that it has no legal duty towards African Petroleum. Information Minister Mr Demba Jawo said their license has not been renewed . . . | |
| | 18 August 2017 : Tai ready for oil exploration, Monarch tells Shell {thetidenewsonline.com} |
| A Paramount Ruler in Tai Local Government Area, Rivers State, Mene Tuatua, Tai Kpite, Samuel Nnee has declared that Tai people were ready for oil exploration . . . | |
| | 17 August 2017 : Japan's Inpex mulls Azadegan tender bid, international... {english.kyodonews.net} |
| Japan's Inpex Corp. is mulling participation in a tender for the development of the Azadegan oil field in southwestern Iran and . . . | |
| | 17 August 2017 : China's oil, gas exploration investment up 12.6% {chinadaily.com.cn} |
| China's oil and natural gas exploration investment rose 12.6 percent during 2012-2016 period when compared . . . | |
| | 17 August 2017 : Singapore company plans to expand petroleum exploration... {news.xinhuanet.com} |
| A Singapore-based company, Interra Resources Ltd, is negotiating with Myanmar's energy authorities to win an . . . | |
| | 17 August 2017 : Gulf of Mexico oil lease sale: $121M in high bids {stltoday.com} |
| Oil and gas companies offered $121.1 million in high bids on 90 Gulf of Mexico tracts at a federal lease sale . . . | |
| | 16 August 2017 : GeoPark announces new oilfield discovery in Argentina {oilfieldtechnology.com} |
| GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and . . . | |
| | 16 August 2017 : China to build shale gas facilities, issue exploration tenders {chinadaily.com.cn} |
| China is likely to build two shale gas facilities in the central and southern parts of the country and issue more tenders for . . . | |
| | 15 August 2017 : China to build new shale gas bases, offer more oil and gas block tenders {Reuters} |
| China is likely to build two shale gas bases in the south of the country and open up tenders for more oil and gas exploration blocks . . . | |
| | 15 August 2017 : GeoPark announces new oil field discovery in Argentina {hellenicshippingnews.com} |
| GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia . . . | |
| More news on Oil Exploration | ^Jump to the top^ | |
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| 4. News on Oil Demand and Oil Consumption | |
| | 19 August 2017 : API: Petroleum demand last month highest for July... {hellenicshippingnews.com} |
| Total petroleum deliveries in July moved up by 4.9 percent from July 2016 to average nearly 20.7 million barrels per day . . . | |
| | 18 August 2017 : California summer gas demand falls year on year {argusmedia.com} |
| California natural gas demand has declined from last summer amid rising prices and an ongoing shift to renewable sources . . . | |
| | 18 August 2017 : Pertamina: Premium gasoline consumption down 5.8mn kl {en.tempo.co} |
| State owned oil company Pertamina said that the consumption volume of Premium gasoline in the first half of 2017 amounted to 6.8 million kiloliters . . . | |
| | 16 August 2017 : India’s fuel demand grows 1 per cent in July {energyinfrapost.com} |
| The country’s fuel demand grew by over 1 per cent in July as consumption of diesel and petrol rose, government . . . | |
| More Oil Demand News | More Oil Consumption News | ^Jump to the top^ | |
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| 5. News on Oil Output | ||||||||
| | 19 August 2017 : Mixed bag for July production from Norway {hellenicshippingnews.com} | |||||||
| Total production of oil and natural gas from Norway in July was about 5 percent higher the previous month, but lower than the government said it expected . . . | ||||||||
| | 19 August 2017 : Global oil output to grow 6.8%, gas output 42.8% by 2040 {sputniknews.com} | |||||||
| CEO of Russia's state geological exploration company ROSGEO Anton Sergeyev stated that global production of crude oil will grow from 4.4 billion metric tons . . . | ||||||||
| | 19 August 2017 : North Dakota oil output drops but stays above 1m barrels {nasdaq.com} | |||||||
| As per North Dakota's oil regulator, the state's daily crude output fell 0.8% in Jun after dropping 0.9% in the previous month . . . | ||||||||
| | 19 August 2017 : Mexican government raises Pemex deductions to continue oil output {Reuters} | |||||||
| Mexico's finance ministry on Friday said state oil company Pemex will be allowed to deduct more costs for developing some projects . . . | ||||||||
| | 19 August 2017 : New Congo govt eyes 25% oil output boost by next year {oilprice.com} | |||||||
| The prime minister and cabinet of Congo resigned on Thursday amid economic turmoil related to three years of low oil prices . . . | ||||||||
| | 19 August 2017 : US oil output set to reach record high {petroleum-economist.com} | |||||||
| Total US crude production will rise by 0.6m barrels per day next year, according to the Energy Information Administration . . . | ||||||||
| | 18 August 2017 : Libya’s biggest oilfield Sharara resumes production {libyanexpress.com} | |||||||
| Crude oil output at Sharara the biggest field in Libya, which is exempt from OPEC cuts rose to 230,000 bpd on Tuesday . . . | ||||||||
| | 18 August 2017 : Empire Oil & Gas looks to restart gas production in Perth... {proactiveinvestors.com.au} | |||||||
| Empire Oil & Gas is in the process of bringing its Red Gully-1 well in the Perth basin back into production, following the completion of the static pressure survey . . . | ||||||||
| | 18 August 2017 : NNPC cuts oil production cost to $23 per barrel {ecofinagency.com} | |||||||
| The Nigerian National Petroleum Company (NNPC) says it has reduced the cost of crude oil production per barrel to $23 against the $29 a barrel announced in July . . . | ||||||||
| | 18 August 2017 : Mexico's Cotemar sees $200 mln investment in oil projects by 2018 {Reuters} | |||||||
| Mexican oilfield services provider Cotemar plans to invest at least $200 million in two oil projects by the end of 2018 as it starts to operate fields on its own . . . | ||||||||
| More Oil Output News | ^Jump to the top^ | ||||||||
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| 6. News on Oil Transportation | |
| | 19 August 2017 : Govt plans to strike LNG deals with big African producers {hellenicshippingnews.com} |
| With an ambitious plan to double the volume of liquefied natural gas imports this year, the government intends to ink multibillion-dollar state-to-state gas supply contracts . . . | |
| | 19 August 2017 : Turkish Stream pipeline will be built on time despite US sanctions {sputniknews.com} |
| The Turkish Stream gas pipeline project will be implemented on time, regardless of the new US law that expands sanctions against Moscow . . . | |
| | 19 August 2017 : Zhebrivsky says construction of gas pipeline to Avdiyivka started {kyivpost.com} |
| The construction of a high-pressure gas pipeline bypassing the self-proclaimed Donetsk People’s Republic has begun in Ukraine . . . | |
| | 19 August 2017 : Minnesota starts new phase for Enbridge pipeline review {upi.com} |
| A final review of a pipeline carrying heavy Canadian crude oil through Minnesota will help regulators reach a decision on Enbridge plans . . . | |
| | 19 August 2017 : US unable to replace Russian gas supplies to Europe {hellenicshippingnews.com} |
| The United States would not have had the capacity to replace Russian gas supplies to Europe, even if the Washington was supplying liquefied natural gas . . . | |
| | 19 August 2017 : Venezuelan oil tanker trapped in US waters with no credit {oilprice.com} |
| A Suezmax tanker carrying about a million barrels of Venezuelan crude oil has been sitting near the Louisiana coast for a month now . . . | |
| | 18 August 2017 : Saipem wins $850 million pipeline contract for Kuwait’s Al Zour refinery {arabnews.com} |
| Kuwait Oil Company has awarded Italian engineering firm Saipem a $850 million (SR3.18 billion) contract to build pipelines for the new Al Zour refinery . . . | |
| | 18 August 2017 : Gazprom boosts natural gas exports to Turkey & Southern Europe {rt.com} |
| Russian energy major Gazprom has increased exports of natural gas to Turkey by more than 22 percent from January through August . . . | |
| | 18 August 2017 : Europe's U.S. diesel imports head toward record in August... {Times of India} |
| Europe is set to take a record of more than 2 million tonnes of U.S. diesel in August after a string of refinery woes pulled in cargoes . . . | |
| | 18 August 2017 : India says LNG import deal with Qatar remains in place... {hellenicshippingnews.com} |
| India will continue its 8.5 million mt/year LNG import deal with Qatar without any change in contract clauses, oil ministry officials said Thursday . . . | |
| More Oil Transportation News | ^Jump to the top^ | |
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| 7. News on Oil companies | |
| | 17 August 2017 : Swala Oil and Gas plans investment in Orca’s... {fossilfuel.energy-business-review.com} |
| Swala Oil and Gas, a Tanzanian oil and gas exploration company said that it is looking to invest up to $130m in . . . | |
| | 17 August 2017 : Petrobras Argentina sale under scrutiny in Brazil {Reuters} |
| Brazilian prosecutors plan to investigate last year's controversial sale of the Argentine subsidiary of Petrobras . . . | |
| | 17 August 2017 : Woodside first-half profit jumps 49% {aogdigital.com} |
| Australian energy giant Woodside has recorded half-year profit of US$507 million, 49% higher than 1H 2016, thanks . . . | |
| | 17 August 2017 : SOCAR receives more licenses in Turkey {azernews.az} |
| SOCAR Turkey Enerji A.S. , a subsidiary of Azerbaijan’s state oil company SOCAR in Turkey, received 4 more licenses from Turkey’s Energy Market Regulatory (EPDK). . . . | |
| | 16 August 2017 : Dana Gas second quarter profit soars {ameinfo.com} |
| Sharjah-based Dana Gas reported a 71 per cent increase in second quarter net profit on the back of reduced . . . | |
| | 16 August 2017 : SOCAR and LUKOIL set sights on joint Turkish asset investment {energydigital} |
| SOCAR, Azerbaijan’s 100% state-owned oil company, and Russian energy giant LUKOIL PJSC are considering a joint . . . | |
| | 16 August 2017 : ConocoPhillips accepts state terms to obtain leases {alaskajournal.com} |
| ConocoPhillips has agreed to comply with a long list contingencies demanded by Natural Resources Commissioner Andy Mack . . . | |
| | 16 August 2017 : Plaintiffs suing oil, gas companies gained access to critical... {newson6.com} |
| Plaintiffs suing local oil and gas companies for damages caused by the 2011 Prague earthquake gained access on Tuesday . . . | |
| | 16 August 2017 : Government slaps $264 mn penalty on Reliance Industries... {hindustantimes.com} |
| The fine was for producing less than the targeted natural gas from Dhirubhai-1 and 3 gas field in the eastern offshore . . . | |
| | 16 August 2017 : Regulators consider new proposals over Wood Group... {bbc.com} |
| Regulators are considering proposals by energy services firms Wood Group and Amec Foster Wheeler to address competition . . . | |
| More news on oil companies | ^Jump to the top^ | |
| 8. Oil Contracts | |
| | 19 August 2017 : Iran set to ink oil swap deals with Caspian Sea states {news.xinhuanet.com} |
| Iran is ready to sign deals with the other Caspian Sea littoral states to swap their oil, official IRNA news agency reported on Friday . . . | |
| | 18 August 2017 : Rajasthan, HPCL sign joint venture for Barmer oil refinery complex {indiatoday.intoday.in} |
| Rajasthan government, on Thursday, signed an agreement with the Hindustan Petroleum Corporation Limited (HPCL) to set up a joint venture . . . | |
| | 16 August 2017 : Turkish, Russian, Iranian companies ink $7B energy deal {dailysabah.com} |
| Turkish energy firm Unit International A.Ş. has signed a $7 billion agreement with Russia's state-owned Zarubezhnet . . . | |
| | 16 August 2017 : Cabinet OKs rules for exploration and production deals {bangkokpost.com} |
| The cabinet on Tuesday gave the nod to four ministerial regulations that will set criteria for production-sharing contracts . . . | |
| | 16 August 2017 : KrisEnergy close to Cambodia Block A deal {aogdigital.com} |
| KrisEnergy is targeting a single platform with peak production at about 8000 b/d for Aspara’s first phase of development . . . | |
| | 15 August 2017 : Santos, ENGIE ink gas deal {aogdigital.com} |
| Australian energy company Santos announced it has signed an agreement with ENGIE in Australia for the supply of gas to the Pelican Point Power Station . . . | |
| | 11 August 2017 : Rex Energy inks deal with BP to market natgas, liquids {naturalgasintel.com} |
| Rex Energy Corp. said this week it has entered an arrangement with BP plc subsidiary BP Energy Co. to market most of its natural gas liquids . . . | |
| | 10 August 2017 : Iranian firm signs oil, gas deal with Russian and Turkish companies {oilprice.com} |
| Iranian non-governmental firm Ghadir Investment Company has signed a deal with Russia’s Zarubezhneft and Turkish energy . . . | |
| | 9 August 2017 : Topaz Energy and Marine awarded US$100mn contract... {oilreviewmiddleeast.com} |
| Topaz Energy and Marine have announced a new US$100mn contract with Dragon Oil, the upstream oil and . . . | |
| | 8 August 2017 : Baker Hughes clinches integrated services contract... {Reuters} |
| Baker Hughes, now part of General Electric, has won a major contract to provide a wide range of services to develop . . . | |
| More news on oil contracts | ^Jump to the top^ | |
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| 9. News on Oil stocks | |
| | 19 August 2017 : Sanchez clears out of Eagle Ford’s Javelina asset in... {oilandgasinvestor.com} |
| With startling speed, Sanchez Energy Corp. built a 70,000 net acre dry gas position called Javelina and, sooner than some analysts expected . . . | |
| | 18 August 2017 : Perisai set to sell SJR stake {thestar.com.my} |
| Perisai Petroleum Teknologi Bhd said it has regained the right to sell its 51% stake in SJR Marine Ltd, a ship charterer jointly controlled with Singapore . . . | |
| | 18 August 2017 : China's CEFC in early talks to buy Rosneft stake {moneycontrol.com} |
| CEFC China Energy is in talks to acquire a stake in Russian state oil giant Rosneft, three people with direct knowledge of the discussions said . . . | |
| | 18 August 2017 : Keppel unveils US$658m partial sale of asset, but its stock... {businesstimes.com.sg} |
| News of a US$658 million partial stake sale held in the world's first-ever converted floating liquefied natural gas vessel failed to maintain investor interest on Thursday . . . | |
| | 18 August 2017 : Houston-based Sanchez Energy makes $105m Eagle... {mysanantonio.com} |
| Houston-based oil and gas exploration company Sanchez Energy is selling 39,500 acres in the Eagle Ford Shale oil field for $105 million, the company said . . . | |
| | 17 August 2017 : Whiting Petroleum to dispose assets in US for $500m {hydrocarbons-technology.com} |
| US-based oil and gas exploration company Whiting Petroleum has signed an agreement to sell its Fort Berthold . . . | |
| | 16 August 2017 : 4 AM Midstream, LLC acquires midstream assets from... {prnewswire.com} |
| 4 AM Midstream, LLC announced today that it has acquired midstream oil and gas gathering assets from White Star Petroleum, LLC . . . | |
| | 16 August 2017 : Elliott Management increases stake in BHP Billiton {marketwatch.com} |
| Elliott, which has for months campaigned for the resources giant to exit its U.S. onshore oil-and-gas assets and . . . | |
| | 15 August 2017 : Husky Energy to buy Superior oil refinery {duluthnewstribune.com} |
| Calumet Specialty Products Partners L.P. said Monday it is selling the plant following months of speculation about a potential sale . . . | |
| | 14 August 2017 : Carrizo closes $648M deal for Delaware Basin assets {kallanishenergy.com} |
| Carrizo Oil & Gas said Friday it completed transactions with ExL Petroleum Management and ExL Petroleum Operating . . . | |
| More news on oil stocks | ^Jump to the top^ | |
FPSO For Long Term Time Charter |
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| 10. News on Oil Pollution | |
| | 19 August 2017 : ADEC overseeing cleanup of oil spill at Caelus Energy well {thearcticsounder.com} |
| What was initially thought to be a five-gallon crude oil spill was actually found to be a more than 7,000-gallon spill of other types of oil at a Prudhoe Bay well site . . . | |
| | 19 August 2017 : Oil spill off Johor after merchant tankers collide {themalaymailonline.com} |
| Two foreign-registered merchant tankers collided near Johor’s eastern straits, 3.2 nautical miles off Tompok Utara near Pengerang . . . | |
| | 18 August 2017 : Company responsible for Refugio oil spill seeks permit to... {biologicaldiversity.org} |
| The pipeline company responsible for the Refugio oil spill in 2015 is seeking permission from Santa Barbara County to rebuild two of its pipelines in California . . . | |
| | 18 August 2017 : Small counties raise concerns over application process for BP... {wusfnews.wusf.usf.edu} |
| The private board in charge of handing out funds from the BP oil spill is developing its application process. But sparsely populated Gulf Coast counties are worried . . . | |
| | 17 August 2017 : Group estimates 34,000 gallons of oil spilled off Kuwait {abcnews.go.com} |
| An analysis of satellite imagery by a U.S.-based nonprofit organization suggests at least 34,000 gallons of oil have . . . | |
| | 16 August 2017 : Large West Texas wastewater spill in Delaware River diluted by... {chron.com} |
| Heavy rain may have softened the environmental blow of a large wastewater spill in the Delaware River near West Texas oil . . . | |
| | 16 August 2017 : Second oil spill reported in Kuwait’s Ras Al-Zour waters {oilprice.com} |
| A new oil slick off of Kuwait’s southern shores is spreading in the Persian Gulf and will add on the impact of a recent . . . | |
| | 15 August 2017 : Kuwait aims to finish cleaning up oil spill this week {epmag.com} |
| Kuwait will finish cleaning up a crude oil spill in the country’s southern waters in the Gulf this week, a Kuwaiti newspaper report said . . . | |
| | 14 August 2017 : Emergency teams battle to contain oil spill off Kuwait {aljazeera.com} |
| Oil analysts estimate about 35,000 barrels of crude may have leaked into waters near a Kuwaiti-Saudi offshore . . . | |
| | 12 August 2017 : EPA seeks hedge against oil spill {kuna.net.kw} |
| The EPA said in a press release that while it sought to determine the source of the oil spill, it was taking all necessary moves to safeguard the area of water . . . | |
| More Oil Pollution news | ^Jump to the top^ | |
| 11. OPEC News | |
| | 19 August 2017 : OPEC oil price continue to fall {en.trend.az} |
| The price of OPEC’s basket of 14 crudes stood at $48.07 per barrel on August 17, as compared to $48.69 per barrel on August 16 . . . | |
| | 18 August 2017 : OPEC Rebel Ecuador to cap oil output 20,000 bpd higher {oilprice.com} |
| One month after abandoning the OPEC production cut deal and shaking the alliance, Ecuador said this week that it was planning to cap its crude oil production . . . | |
| | 17 August 2017 : OPEC daily basket price for Wednesday 16th August 2017 {zawya.com} |
| The price of OPEC's basket of fourteen crudes stood at US$48.69 a barrel on Wednesday, compared with $48.45 the previous . . . | |
| | 16 August 2017 : OPEC oil down in price {en.trend.az} |
| The price of OPEC’s basket of 14 crudes stood at $48.45 per barrel on August 15, as compared to $49.46 per barrel . . . | |
| | 15 August 2017 : OPEC faces uphill struggle after IEA find 230million barrels of oil... {huffingtonpost.co.uk} |
| According to the IEA, China accounted for over 25 percent of a reassessment of non-OECD demand in 2016, slashing it by a heavy 420,000 barrels per day . . . | |
| | 14 August 2017 : Opec reference basket oil price drops by $1.33 in one day {oilprice.com} |
| The price of the OPEC basket of 14 crude varieties of its members dropped to US$49.37 a barrel on Friday from US$50.70 the previous . . . | |
| | 13 August 2017 : Opec pumps more oil in July despite cut vow: IEA {menafn.com} |
| Opec pumped more oil in July as global oil supplies rose for the third straight month, the IEA said yesterday, giving figures that cast further . . . | |
| | 12 August 2017 : IEA cuts estimates for crude needed from Opec {gulf-times.com} |
| The International Energy Agency cut estimates for the amount of crude needed from Opec this year and in 2018 after lowering its historical assessments of consumption . . . | |
| | 12 August 2017 : OPEC oil price up {en.trend.az} |
| The price of OPEC’s basket of 14 crudes stood at $50.70 per barrel on August 10, as compared to $50.48 per barrel on August 9 . . . | |
| | 11 August 2017 : OPEC says Saudis contributed to July output boost {middle-east-online.com} |
| Crude oil production by OPEC members increased slightly in July, including Saudi Arabia, which had championed efforts by the oil cartel and allies to extend an output freez . . . | |
| More OPEC News | ^Jump to the top^ | |
| 12. General Oil News | |
| | 19 August 2017 : Croatia starts preliminary work on Adriatic LNG terminal {euractiv.com} |
| Croatia has started preliminary underwater works in the northern Adriatic, the first concrete step in building a long-delayed liquified natural gas terminal . . . | |
| | 18 August 2017 : Liberia opens new fuel oil storage facility {hellenicshippingnews.com} |
| Liberia opened a new heavy fuel oil storage plant in mid-August to provide additional flexibility for the country’s fuel oil-fired power generation plants . . . | |
| | 18 August 2017 : Fire put out at major PetroChina refinery in Dalian {Economic Times} |
| A fire that broke out on Thursday at state oil major PetroChina's plant in northeastern China, one of the country's largest refineries . . . | |
| | 17 August 2017 : Turkey expands influence in Kurdish energy sector {oilprice.com} |
| Over the past 12 years, Turkish energy companies have moved into the Kurdish energy sector at great pace in . . . | |
| | 16 August 2017 : KPMG fined after allowing oil firm overvalue assets by... {irishtimes.com} |
| KPMG has been fined more than $6.2 million by the US Securities and Exchanges Commission after it signed off the audit . . . | |
| | 15 August 2017 : Pin Oak Terminals opens petroleum storage facility in St. John Parish {theadvocate.com} |
| Nearly two years after it was announced, Pin Oak Terminals has started operations at a petroleum liquids storage terminal in St. John the Baptist Parish . . . | |
| | 15 August 2017 : Saudi Aramco to complete first phase expansion... {hellenicshippingnews.com} |
| Saudi Aramco plans to complete the first phase of expansion of its master gas system that supports industry and utilities . . . | |
| | 14 August 2017 : Results of Iran’s major oil projects in July {trend.az} |
| Iran has prioritized seven major oil fields for development - in West Karoon Block and South Pars gas field’s oil layer. During the first seven . . . | |
| | 14 August 2017 : Colombia's Ecopetrol announces shift to shale oil amid Mike... {washingtonexaminer.com} |
| Colombia's national oil company said Monday that it will begin ramping up shale oil production in the country, as Vice President Mike Pence visited the . . . | |
| | 14 August 2017 : DNO ASA submits study results on Iranian oilfield {en.mehrnews.com} |
| DNO ASA, the Norwegian oil and gas operator, handed over outcomes of the study plan implemented in Changuleh . . . | |
| More General Oil News | ^Jump to the top^ | |
| 13. News on Biofuels | |
| | 19 August 2017 : Didion restarts ethanol plant operations {world-grain.com} |
| Didion Ethanol LLC, a subsidiary of Didion Milling, Inc., earlier this month restarted operations at its ethanol plant in Cambria . . . | |
| | 19 August 2017 : Increase in ethanol production likely to outpace near term demand {feedstuffs.com} |
| According to a new report from CoBank's Knowledge Exchange Division, the ethanol market will soon face worsening slim-to-negative profit margins . . . | |
| | 19 August 2017 : Iowa helps ethanol plant in Brazil {whotv.com} |
| Last week, a new biofuel facility called FS Bioenergia opened up in Matto Grosso, Brazil, with the collaboration of the Iowa . . . | |
| | 19 August 2017 : Innovative new method to produce ethanol from potato waste {biofuels-news.com} |
| Researchers in Pennsylvania have developed a new method for converting potato waste into ethanol, a process they claim could reduce production costs for biofuels . . . | |
| | 18 August 2017 : Tharaldson ethanol plant receives $34K rural development grant {inforum.com} |
| The U.S.Department of Agriculture's Office of Rural Development has awarded $341,000 to the Tharaldson Ethanol Plant here . . . | |
| | 18 August 2017 : Brazilian biofuels industry welcomes ethanol production... {hydrocarbonengineering.com} |
| The brazilian biofuels industry has welcomed a new player with a grand opening signalling the start of operations at FS Bioenergia . . . | |
| | 18 August 2017 : New study to holistically evaluate biofuels impact on climate {biofuels-news.com} |
| The development of effective land-use policies could be greatly aided by quantifying the net impact that growing biomass feedstock for biofuel . . . | |
| | 17 August 2017 : U.S. weekly ethanol production increases {hoosieragtoday.com} |
| Imports of ethanol were 37,000 b/d after zero imports last week. This marks only the fourth week in a year that volumes . . . | |
| | 17 August 2017 : Targray announces new turnkey biodiesel solution {biofuels-news.com} |
| US biofuels marketer Targray has announced the launch of a new turnkey biodiesel solution for the convenience and fuelling . . . | |
| | 17 August 2017 : Brazil contracts 796m litres in latest biodiesel auction {renewablesnow.com} |
| The Brazilian Agency of Petroleum, Natural Gas and Biofuels (ANP) announced on Tuesday that 796 million litres (210.2m gallons) . . . | |
| More Biofuels News | ^Jump to the top^ | |
| Oil & Gas conferences in the next 60 days | |
| ^Jump to the top^ | |
 | IADC Asset Integrity & Reliability Conference & Exhibition : From 22nd August to 23rd August 2017 at Houston. Map |
| | The 29th Annual Energy Summit : From 22nd August to 24th August 2017 at Denver. Map |
| | INAMARINE 2017 (The 7th Indonesia International Shipbuilding, Offshore, Marine Equipment, Machinery & Services Exhibition 2017) : From 23rd August to 25th August 2017 at Jakarta. Map |
| | 3rd World Congress on Oil, Gas and Petrochemistry : From 24th August to 26th August 2017 at Barcelona. Map |
| | Hamriyah Symposium – Marine/Offshore/Oil & Gas - Forum : From 28th August to 28th August 2017 at Sharjah. Map |
| | IADC Well Control Conference of the Americas & Exhibition : From 29th August to 30th August 2017 at Galveston. Map |
| | Digital Ship Maritime CIO Forum Tokyo : From 30th August to 30th August 2017 at Tokyo. Map |
| | Breakbulk SouthEast Asia 2017 : From 4th September to 6th September 2017 at Kuala Lumpur. Map |
| | Latin America Refining Technology Conference (LARTC) : From 4th September to 6th September 2017 at Buenos Aires. Map |
| | Salvage & Wreck Asia : From 4th September to 6th September 2017 at Singapore. Map |
| | Shipping2030 Asia : From 5th September to 6th September 2017 at Singapore. Map |
| | Global Liner Shipping Asia Conference : From 5th September to 6th September 2017 at Singapore. Map |
| | 2nd Iran Bitumen/Asphalt Forum 2017 (IrB 2017) : From 5th September to 6th September 2017 at Tehran. Map |
| | 12th Annual Pipeline Development & Expansion Conference : From 7th September to 8th September 2017 at Houston. Map |
| | 7th Annual LNG Transport, Handling and Storage 2017 Forum : From 11th September to 14th September 2017 at Bali. Map |
| | Oil Sands Trade Show & Conference 2017 : From 12th September to 13th September 2017 at Fort McMurray. Map |
| | RAO/CIS Offshore 2017 : From 12th September to 15th September 2017 at Saint-Petersburg. Map |
| | 2017 Canadian Crude Oil Conference : From 12th September to 14th September 2017 at Alberta. Map |
| | 23rd APS (Asia Petrochemical Summit 2017) : From 12th September to 13th September 2017 at Singapore. Map |
| | 5th EPC Contract & Risk Management : From 12th September to 14th September 2017 at Texas. Map |
| | 10th Annual Capital Link Shipping, Marine Services & Offshore Forum : From 12th September to 12th September 2017 at London. Map |
| | Influence of EEDI on Ship Design & Operation : From 13th September to 14th September 2017 at London. Map |
| | 3rd Annual IoT in Oil and Gas : From 13th September to 14th September 2017 at Houston. Map |
| | Marintec Indonesia 2017 : From 13th September to 16th September 2017 at Jakarta. Map |
| | 8th Maritime Salvage & Casualty Response : From 13th September to 14th September 2017 at London. Map |
| | Argus Americas Petroleum Coke Summit : From 13th September to 15th September 2017 at The Woodlands. Map |
| | 7th Annual NGLs Conference and 5th Annual Petrochemical Seminar : From 13th September to 15th September 2017 at Houston. Map |
| | IADC Shale Energy Workshop : From 13th September to 13th September 2017 at Texas. Map |
| | 2nd Deep Offshore West Africa Congress 2017 : From 14th September to 15th September 2017 at Accra. Map |
| | Abu Dhabi International Downstream : From 17th September to 19th September 2017 at Abu Dhabi. Map |
| | LNGgc London 2017 : From 18th September to 20th September 2017 at London. Map |
| | Asia Power Week Conference & Exhibition : From 19th September to 21st September 2017 at Bangkok. Map |
| | 16th Russia & CIS Petrochemicals Technology Conference & Exhibition - RPTC (RPTC 2017) : From 19th September to 22nd September 2017 at Moscow. Map |
| | CWC World LNG & Gas Series: 9th Asia Pacific Summit : From 19th September to 22nd September 2017 at Singapore. Map |
| | 2017 China International Lubricants and Technology Exhibition : From 21st September to 23rd September 2017 at Beijing. Map |
| | 9th Annual Process Safety Summit : From 24th September to 27th September 2017 at Abu Dhabi. Map |
| | 33rd Annual Asia Pacific Petroleum Conference (APPEC 2017) : From 25th September to 27th September 2017 at Singapore. Map |
| | FPSO World Congress 2017 : From 25th September to 28th September 2017 at Singapore. Map |
| | Egypt Downstream Summit & Exhibition 2017 : From 25th September to 27th September 2017 at Cairo. Map |
| | 16th ERRA Investment and Regulation Conference : From 25th September to 26th September 2017 at Astana. Map |
| | 5th Flare Management and Reduction Conference : From 25th September to 27th September 2017 at Abu Dhabi. Map |
| | ICCAS 2017 - International Conference on Computer Applications in Shipbuilding : From 26th September to 28th September 2017 at Singapore . Map |
| | BWMTech North America : From 26th September to 28th September 2017 at Miami. Map |
| | Digital Ship Maritime CIO Forum Rotterdam : From 26th September to 26th September 2017 at Rotterdam. Map |
| | The Sustainable & Scalable Cost Effective Well Site Facilities Onshore Summit 2017 : From 26th September to 28th September 2017 at Houston. Map |
| | Cuba Energy, Oil and Gas : From 27th September to 29th September 2017 at Havana. Map |
| | Uganda International Oil and Gas Summit (UIOGS) : From 27th September to 28th September 2017 at Kampala. Map |
| | Tank Storage Asia 2017 : From 27th September to 28th September 2017 at Singapore. Map |
| | 18th Ballast Water Management Conference : From 27th September to 28th September 2017 at Singapore. Map |
| | IADC Drilling HSE&T Europe 2017 Conference & Exhibition : From 27th September to 28th September 2017 at Amsterdam. Map |
| | Asia Pacific Gas Conference 2017 (APGC2017) : From 27th September to 29th September 2017 at Daegu. Map |
| | North American Gas Forum : From 1st October to 3rd October 2017 at Washington, D.C.. Map |
| | 9th Annual New York Maritime Forum : From 2nd October to 2nd October 2017 at New York. Map |
| | 30th World LPG Forum : From 3rd October to 5th October 2017 at Marrakech. Map |
| | Global Lubricant Week : From 3rd October to 6th October 2017 at Moscow. Map |
| | IADC Drilling Middle East 2017 Conference & Exhibition : From 3rd October to 4th October 2017 at Dubai. Map |
| | Balkans Petroleum : From 3rd October to 4th October 2017 at Athens. Map |
| | KIOGE 2017 Conference : From 4th October to 6th October 2017 at Almaty. Map |
| | Biofuels International Expo & Conference : From 4th October to 5th October 2017 at Edinburgh. Map |
| | Malaysia International Marine Expo (MIMEX) 2017 : From 4th October to 6th October 2017 at Kuala Lumpur . Map |
| | Maritime CIO Forum Singapore : From 4th October to 4th October 2017 at Singapore. Map |
| | MEPSC 2017 : From 9th October to 11th October 2017 at Manama. Map |
| | MEPEC 2017 : From 9th October to 11th October 2017 at Manama. Map |
| | Offshore Energy Exhibition and Conference : From 9th October to 11th October 2017 at Amsterdam . Map |
| | 14th ICIS Middle Eastern Base Oils & Lubricants Conference : From 9th October to 11th October 2017 at Dubai. Map |
| | International Gas Cooperation Summit : From 9th October to 11th October 2017 at Durban. Map |
| | Africa Petroleum Storage and Transport Conference and Showcase / Exhibition (APESTRANS 2017) : From 10th October to 12th October 2017 at N’Djamena. Map |
| | Chad International Oil, Mining and Energy Conference and Showcase/Exhibition (CIOME 2017) : From 10th October to 12th October 2017 at N’Djamena. Map |
| | Journees Minieres Internationales Tchadiennes : From 10th October to 12th October 2017 at N’Djamena. Map |
| | Asia-Pacific and Middle East Bitumen : From 10th October to 12th October 2017 at Singapore. Map |
| | ASIA-TECH: Asia Downstream Technology Forum : From 10th October to 11th October 2017 at Bali. Map |
| | Digital Ship Maritime Cyber Resilience Forum : From 10th October to 10th October 2017 at Hamburg . Map |
| | Cyber Security for Maritime Summit 2017 : From 10th October to 13th October 2017 at Singapore. Map |
| | ASIA-CAT: Asia Catalyst Technology Conference : From 11th October to 12th October 2017 at Bali. Map |
| | Metal-Working Fluids and Industrial Lubricants : From 11th October to 11th October 2017 at Moscow. Map |
| | 12th GreenPort Congress Conference : From 11th October to 13th October 2017 at Amsterdam. Map |
| | South Sudan Oil & Power 2017 : From 11th October to 12th October 2017 at Juba. Map |
| | 2nd Annual PIRA Executive Conference : From 11th October to 11th October 2017 at New York. Map |
| | Aracon 2017 : From 12th October to 13th October 2017 at Rotterdam. Map |
| | The Green Shipping Summit : From 16th October to 17th October 2017 at Rotterdam. Map |
| | 3rd International LNG Congress : From 16th October to 17th October 2017 at Barcelona. Map |
| | SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition (APOGCE) : From 17th October to 19th October 2017 at Bali. Map |
| | Argus Mexican Refined Products Markets Conference : From 17th October to 19th October 2017 at Houston. Map |
| | IADC Human Factors Conference & Exhibition : From 17th October to 18th October 2017 at Texas. Map |
| | Land Management for Oil & Gas : From 17th October to 19th October 2017 at Houston. Map |
| | 21st Maritime HR & Crew Management Summit : From 18th October to 19th October 2017 at London. Map |
| | Mozambique Gas Summit & Exhibition : From 18th October to 20th October 2017 at Maputo. Map |
| See all events | ^Jump to the top^ | |
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