| Oil Contracts | Oil Stocks | Oil Pollution | OPEC News | General Oil News | Biofuels
Jump to : Upcoming Oil & Gas Conferences | Upcoming Oil & Gas Training
| Worldoils Advertisements | |
|
|
|
||||||
| Worldoils Homepage | ||||||
|
Jump to :
Oil Prices
| Rig News
| Oil Exploration
| Oil Demand/Consumption
| Oil Output
| Oil Transportation
| Oil Companies | Oil Contracts | Oil Stocks | Oil Pollution | OPEC News | General Oil News | Biofuels Jump to : Upcoming Oil & Gas Conferences | Upcoming Oil & Gas Training |
||||||
|
||||||
| ||||||
| 1. News on Oil Prices | |
 | 27 February 2021 : Oil drops on dollar strength and OPEC+ supply expectations {businessworld.in} |
| Oil prices fell on Friday as the U.S. dollar rose while forecasts called for crude supply to rise in response to prices climbing above pre-pandemic levels . . . | |
| | 26 February 2021 : Natural gas price shocks will be felt in Minnesota {kare11.com} |
| The Minnesota Public Utilities Commission launched a formal investigation into sudden spikes in natural gas wholesale prices . . . | |
| | 26 February 2021 : Barclays now sees brent crude at $67 in 2021 {oilprice.com} |
| Barclays became on Thursday the latest bank to upgrade its forecasts for the average price of oil this year . . . | |
| | 26 February 2021 : Oil mixed, U.S. crude hits highest since 2019 as refineries restart {Reuters} |
| Oil prices were mixed on Thursday with U.S. crude edging up to its highest close since 2019 as Texas refineries restarted production . . . | |
| | 26 February 2021 : Oil prices fall on rising U.S. dollar, expectations for supply gains {Reuters} |
| Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar and expectations grew . . . | |
| | 25 February 2021 : Oil rises after data shows slump in U.S. output amid Texas freeze {Reuters} |
| Oil prices climbed on Wednesday to fresh 13-month highs after U.S. government data showed a drop in crude output . . . | |
| | 25 February 2021 : Arizona sees second-highest weekly price increase for gasoline {azfamily.com} |
| According to AAA, the Grand Canyon State saw the second-highest weekly increase for gas prices in the nation . . . | |
| | 25 February 2021 : Indiana gas prices continue to climb {wbiw.com} |
| Indiana gas prices have risen 15.8 cents per gallon in the past week, averaging $2.63 a gallon today . . . | |
| | 25 February 2021 : Petrol, diesel prices unchanged; oil prices hover near 1-year high {goodreturns.in} |
| Fuel prices were unchanged by state-owned marketing companies on Wednesday after having touched new all-time highs the previous day . . . | |
| | 25 February 2021 : Fuel price relief as oil companies spare petrol, diesel from price hike {Economic Times} |
| Oil marketing companies on Wednesday gave momentary relief to consumers from skyrocketing fuel prices by keeping retail price of petrol . . . | |
| More news on Oil Prices | ^Jump to the top^ | |
| Worldoils Advertisements | |||
|
|||
| 2. Rig News | |||||||||
| | 27 February 2021 : Borr Drilling expects demand for modern jack-up rigs to grow {oedigital.com} | ||||||||
| Offshore drilling company Borr Drilling expects growth in demand for modern jack-up drilling rigs, supported by higher oil prices . . . | |||||||||
| | 27 February 2021 : Oil rig count inches higher as prices drop {oilprice.com} | ||||||||
| Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose by 5 this week . . . | |||||||||
| | 26 February 2021 : Eni extends Saipem 10000 drillship term until 2023 {oedigital.com} | ||||||||
| The news was shared by the Italian energy services company Saipem on Thursday in its full-year and fourth-quarter 2020 report . . . | |||||||||
| | 26 February 2021 : TWMA to handle Spirit Energys offshore drilling waste {oedigital.com} | ||||||||
| UK-based drilling waste management company TWMA has said it has won a seven-figure contract with oil and gas company Spirit Energy . . . | |||||||||
| | 26 February 2021 : Shelf sells jackup to ADNOC {offshore-mag.com} | ||||||||
| Shelf Drilling has completed the sale and delivery of its jackup Shelf Drilling Journey to ADNOC Drilling . . . | |||||||||
| | 25 February 2021 : Lamprell wins Aramco offshore EPCI contract {tradearabia.com} | ||||||||
| UAE-based Lamprell, a specialist in the oil rig construction business, has been awarded an Engineering, Procurement, Construction . . . | |||||||||
| | 23 February 2021 : Drilling season peaking with 31 rigs working {thestar.com} | ||||||||
| According to Rig Locator, in 2020 there were 65 rigs working on the same date, and 52 rigs working on that date in 2019 . . . | |||||||||
| | 22 February 2021 : Equinor, partners to shut down Veslefrikk field for good in 2022 {oedigital.com} | ||||||||
| Norways Equinor said Monday it has, with its partners, decided to shut down the Veslefrikk field in the Norwegian part of the North Sea . . . | |||||||||
| | 20 February 2021 : Canadas weekly rig count drops 1 to 185 {boereport.com} | ||||||||
| Canada averaged 185 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors . . . | |||||||||
| | 20 February 2021 : Oil rig count ends twelve week streak of gains as oil prices slip {oilprice.com} | ||||||||
| Baker Hughes reported on Friday that the number of oil and gas rigs in the United States stayed the same this week . . . | |||||||||
| More rig news | ^Jump to the top^ | |||||||||
| |||||||||
| 3. News on Oil Exploration | |
| | 27 February 2021 : Oil and gas explored in the past decade reached... {hellenicshippingnews.com} |
| Oil and gas discovered in the past decade reached 10.1 billion tons and 6.85 trillion cubic meters respectively . . . | |
| | 26 February 2021 : PTTEP discovers high-quality gas in Block SK417 offshore... {oilandgastechnology.net} |
| Thai national oil company PTT Exploration & Production has hit sweet gas with its first exploration well . . . | |
| | 26 February 2021 : Norway offers 84 exploration blocks in 2021 licensing round {Reuters} |
| Norway launched a consultation on Thursday on a 2021 licensing round in mature areas in which it offered 84 new blocks for petroleum exploration . . . | |
| | 25 February 2021 : Fenix gas project under review offshore Argentina {offshore-mag.com} |
| Total and its partners are working to progress the Fenix gas field development offshore southern Argentina toward a final investment decision . . . | |
| | 25 February 2021 : Malaysias Petronas discovers oil at Indonesias Hidayah-1 exploration... {Reuters} |
| Malaysia state oil firm Petroliam Nasional Berhad, or Petronas, on Wednesday said it has made an oil discovery at the Hidayah-1 exploration well . . . | |
| | 25 February 2021 : China discovers oil and gas field in Bohai Sea {hellenicshippingnews.com} |
| The China National Offshore Oil Corporation announced Monday that it has discovered a field in the Bohai Sea . . . | |
| | 25 February 2021 : ONGC identifies new onshore blocks in Kutch {Times of India} |
| Arid Kutch could be the new treasure for oil and gas exploration. State-owned Oil and Natural Gas Corporation . . . | |
| | 25 February 2021 : Essar MoU with IIT Dhanbad for R&D in CBM gas exploration {Economic Times} |
| Essar Oil and Gas Exploration and Production Ltd has signed a memorandum of understanding for collaboration . . . | |
| | 25 February 2021 : The Netherlands: Six oil and gas firms launch joint well decom campaign {oedigital.com} |
| Six oil and gas operators in The Netherlands, within the Nextep partnership, are working on a major campaign to decommission oil and gas wells . . . | |
| | 24 February 2021 : Philippines pushing for upstream renaissance {energyvoice.com} |
| Law makers in the Philippines are seeking to refocus the Philippine National Oil Company investment . . . | |
| More news on Oil Exploration | ^Jump to the top^ | |
| Worldoils Advertisements | |
|
|
| 4. News on Oil Demand and Oil Consumption | |
| | 27 February 2021 : Oil-based marine fuel demand to drop as ships cut emissions... {Reuters} |
| Global demand for oil-based marine fuels is set to fall in the next three decades as stricter carbon emissions rules . . . | |
| | 26 February 2021 : Global LNG demand expected to almost double by 2040... {Reuters} |
| Global liquefied natural gas demand is expected to almost double to 700 million tonnes by 2040, Royal Dutch Shell . . . | |
| | 22 February 2021 : Oil market rebalancing largely complete, except for jet fuel {hellenicshippingnews.com} |
| U.S. petroleum consumption and inventories have returned to normal after the pandemic and volume war last year . . . | |
| | 19 February 2021 : Indian diesel, gasoline use drops amid high prices {argusmedia.com} |
| Indias diesel demand declined by 9pc from a year earlier in the first half of February, the biggest such fall since August . . . | |
| More Oil Demand News | More Oil Consumption News | ^Jump to the top^ | |
| Worldoils Advertisements | |
|
|
| 5. News on Oil Output | ||||||||
| | 27 February 2021 : U.S. crude output drops to 11.06 million bpd in December... {Reuters} | |||||||
| U.S. crude oil output dropped 58,000 barrels per day to 11.063 million bpd in December, the U.S. Energy Information Administration . . . | ||||||||
| | 26 February 2021 : Natural gas production plunged 45% during the Texas freeze {oilprice.com} | |||||||
| Natural gas production in Texas collapsed by 45 percent during the cold snap last week, primarily due to freeze-offs . . . | ||||||||
| | 26 February 2021 : UK data: Upstream oil output plunges 7% to three-year low in 2020 {spglobal.com} | |||||||
| UK oil production dropped 7% to a three-year low of 1.03 million b/d in 2020, while the country was a net exporter of crude and natural gas liquids . . . | ||||||||
| | 25 February 2021 : Kazakhstans Tengiz output crimped by OPEC+ as... {hellenicshippingnews.com} | |||||||
| Oil production at Kazakhstans flagship Tengiz field fell by 11% in 2020 to 577,000 b/d, the Chevron-led operating consortium said Feb. 23 . . . | ||||||||
| | 25 February 2021 : Texas refinery restarts could take until April {oilprice.com} | |||||||
| The restart of Shells Deer Park refinery in Texas could take until April, Reuters has reported, citing unnamed sources familiar with the issue . . . | ||||||||
| | 25 February 2021 : Colombias Ecopetrol to triple Permian Basin investment this year... {spglobal.com} | |||||||
| Colombias state-controlled Ecopetrol plans to triple its investment in the US Permian Basin this year to $600 million . . . | ||||||||
| | 25 February 2021 : Shale producers see deep freeze hitting thousands... {hellenicshippingnews.com} | |||||||
| Permian-focused shale producers Diamondback Energy Inc, Cimarex Energy Co and Occidental Petroleum Corp said their first-quarter oil output . . . | ||||||||
| | 24 February 2021 : US oil producers start storm impact tally {argusmedia.com} | |||||||
| Occidental Petroleum said it expects the storm to cut its first quarter production from the Permian basin by . . . | ||||||||
| | 23 February 2021 : Brazils Enauta restarts production well at offshore Atlanta Field {spglobal.com} | |||||||
| Brazilian independent oil and natural gas producer Enauta restarted a single production well at the offshore Atlanta Field . . . | ||||||||
| | 23 February 2021 : U.S. shale producers reveal extent of hit from Texas freeze {Reuters} | |||||||
| Occidental Petroleum Corp, Diamondback Energy Inc and a host of smaller Permian-focused U.S. shale producers on Monday . . . | ||||||||
| More Oil Output News | ^Jump to the top^ | ||||||||
|
||||||||
| 6. News on Oil Transportation | |
| | 27 February 2021 : US imports of Opec crude plummet in December {argusmedia.com} |
| US crude imports from Opec countries fell in December to the lowest level since at least 1973 . . . | |
| | 27 February 2021 : Nord Stream 2 gas link developer shrugs off Wintershall Dea loan move {spglobal.com} |
| The developer of the almost-complete Nord Stream 2 gas pipeline from Russia to Germany said Feb. 26 that it had the financing in place to complete the pipeline . . . | |
| | 26 February 2021 : Qatar says to fund $60 million pipeline from Israel to Gaza {Reuters} |
| Qatar on Thursday pledged $60 million to build a natural gas pipeline from Israel into the Gaza Strip that will end the energy crisis . . . | |
| | 26 February 2021 : Russian LNG, natural gas shouldnt compete in export markets... {Reuters} |
| Russia should ensure its natural gas and LNG supplies do not compete in international markets, Gazprom said on Thursday . . . | |
| | 26 February 2021 : CPC crude shipments may increase by 12.5% on year in 2021... {spglobal.com} |
| The Caspian Pipeline Consortium has received bids for crude deliveries via its network in 2021 totaling 67.5 million mt . . . | |
| | 26 February 2021 : Uganda sees work on oil pipeline with Total starting shortly {Reuters} |
| Uganda said on Thursday the construction of a $3.5 billion oil pipeline with Frances Total due to run through neighbouring Tanzania . . . | |
| | 25 February 2021 : Iraqs southern oil exports average 2.7 mln bpd so far in February... {Reuters} |
| Iraqs oil exports from its southern ports are stable at 2.7 million barrels per day so far in February . . . | |
| | 25 February 2021 : Saudi oil export value falls nearly 30% in December... {Reuters} |
| The value of Saudi Arabias oil exports in December dropped nearly 30%, or 19.5 billion riyals, compared with the year before . . . | |
| | 25 February 2021 : Canadian oil-by-rail exports to U.S. keep rising {oilprice.com} |
| Crude oil exports from Canada to the United States are increasingly being shipped by rail due to the now chronic shortage of pipeline capacity . . . | |
| | 25 February 2021 : Canadian oil pipeline Trans Mountain seeks to shield insurers... {Reuters} |
| Trans Mountain Corp, a firm that operates an oil pipeline owned by the Canadian government, has asked a regulator to keep the identities . . . | |
| More Oil Transportation News | ^Jump to the top^ | |
| Worldoils Advertisements | |
| 7. News on Oil companies | |
| | 27 February 2021 : Indian Oil to invest ₹32,946 crore to expand capacity of Panipat Refinery {livemint.com} |
| Indian Oil Corporation Limited on Friday said that its board has approved an investment of ₹32,946 crore . . . | |
| | 26 February 2021 : Petronas reports 4Q20 loss {oilfieldtechnology.com} |
| Petronas announced in a virtual briefing a 1.1 billion ringgit loss after tax for the October-December quarter versus a profit of 4.1 billion . . . | |
| | 26 February 2021 : Imperial Oil reports one-billion-barrel drop in bitumen reserves... {cbc.ca} |
| Imperial Oil Ltd. is cutting one billion barrels from its inventory of oilsands bitumen following a year marked by low oil prices . . . | |
| | 26 February 2021 : Exxon shocks as oil reserves drop by a third {oilprice.com} |
| Exxon slashed its oil reserves by almost a third in what is the most radical reserve revision in the companys modern history . . . | |
| | 25 February 2021 : OGDCs profit contracts 24% in Oct-Dec 2020 {tribune.com.pk} |
| Oil and Gas Development Companys profit contracted 23.8% to Rs18.9 billion in the quarter ended December 31 . . . | |
| | 25 February 2021 : Brazils Petrobras returns to profit in fourth quarter of 2020 {Economic Times} |
| Brazils state-run oil company, Petrobras, announced Wednesday it returned to profit in the fourth quarter of 2020 . . . | |
| | 25 February 2021 : Exxon Mobils total reserves drop by a third after COVID-19 oil price drop {Reuters} |
| Exxon Mobil Corps global oil and gas reserves tumbled by a third last year as the COVID-19 pandemic slammed global oil prices and demand . . . | |
| | 24 February 2021 : Interoil Q4 interim financial report {globenewswire.com} |
| Oil and gas markets continue being affected by COVID-19. Oil and gas prices have shown some recovery in . . . | |
| | 24 February 2021 : Annapolis sues 26 oil and gas firms alleging they {hill.com} |
| City officials in Annapolis, Md., filed a lawsuit Monday accusing 26 companies including Exxon, Shell, and the . . . | |
| | 23 February 2021 : Marathon Oil posts smaller loss on higher prices, cost cuts {Reuters} |
| U.S. shale producer Marathon Oil Corp on Monday posted a smaller fourth-quarter loss compared with the third . . . | |
| More news on oil companies | ^Jump to the top^ | |
| 8. Oil Contracts | |
| | 26 February 2021 : Russias Novatek enters into long-term LNG deal with Chinas Shenergy... {Reuters} |
| A subsidiary of Russias Novatek has entered into a long-term deal to supply liquefied natural gas to Chinese state-owned firm Shenergy Group Company . . . | |
| | 23 February 2021 : Nigeria extends oil-for-fuel swap contracts until June... {Reuters} |
| Nigerian state oil company NNPC has extended until June its contracts with private companies to swap crude oil for fuels . . . | |
| | 22 February 2021 : Iraq decides to freeze oil prepayments deal on rising oil prices {Reuters} |
| Iraq has decided to freeze its first crude oil prepayment deal, which had aimed to boost its finances, because oil prices are rising . . . | |
| | 19 February 2021 : Iraqs $2 bil oil prepayment deal with Zhenhua delayed pending... {spglobal.com} |
| Iraqs $2 billion oil prepayment deal with Chinas state-owned Zhenhua Oil Co. is on hold pending government approvals . . . | |
| | 18 February 2021 : Kuwait plans to shorten oil supply deals for some Asian buyers {moneycontrol.com} |
| Oil producer Kuwait Petroleum Corp is in talks to shorten its annual supply deals with some customers in India and Japan . . . | |
| | 16 February 2021 : New oil agreements will ensure Guyana earns more... {demerarawaves.com} |
| The Guyana government on Monday cautioned businesses against racking up the cost of goods and services because . . . | |
| | 16 February 2021 : TietoEvry in $188 mln deal to sell oil, gas software business {Reuters} |
| Finnish information technology company TietoEvry said on Monday it has agreed to sell its oil and gas software business . . . | |
| | 15 February 2021 : Red Sea coral reefs under threat from Israel-UAE oil deal {france24.com} |
| Israeli environmentalists are warning that a UAE-Israeli oil pipeline deal threatens unique Red Sea coral reefs . . . | |
| | 14 February 2021 : Global oil, gas contracts witness steady activity in Q4 {Zawya} |
| The global oil and gas industry witnessed a marginal decline in the number of contracts, which fell from . . . | |
| | 10 February 2021 : Uganda bullish on oil deal with Total, CNOOC by March {theeastafrican.co.ke} |
| The Uganda government says it is in advanced stages of closing the long-awaited Final Investment Decision with the international oil companies . . . | |
| More news on oil contracts | ^Jump to the top^ | |
| Worldoils Advertisements | |||
|
|||
| 9. News on Oil stocks | |
| | 27 February 2021 : Energean takes full ownership of Energean Israel {oedigital.com} |
| London-listed oil and gas company Energean has become the full owner of Energean Israel Limited, a company working to develop . . . | |
| | 27 February 2021 : Chevron turns the taps on Alen Gas field {jpt.spe.org} |
| Chevron subsidiary Noble Energy EG Ltd. has achieved first gas flow from the Alen Gas Monetization Project . . . | |
| | 27 February 2021 : Vaalco completes purchase of Sasols stake in Etame Marin block... {oedigital.com} |
| Africa-focused oil and gas company Vaalco Energy has completed the acquisition of Sasols stake in the Etame Marin block offshore Gabon . . . | |
| | 26 February 2021 : OIL-led consortium places bid for BPCLs stake in Numaligarh Refinery {daijiworld.com} |
| Oil India Ltd, in consortium with Engineers India Ltd, have placed their bid for acquiring 61.65 per cent stake of Bharat Petroleum Corporation Ltd . . . | |
| | 26 February 2021 : EnQuest farms down 85% stake in North Sea discovery for $1 {oedigital.com} |
| UK-based oil firm EnQuest has signed an agreement with Anasuria Hibiscus UK to farm-down an 85% working interest in the Eagle discovery . . . | |
| | 25 February 2021 : Romanias Romgaz in talks for stake in Neptun Deep offshore... {seenews.com} |
| Romanian natural gas producer Romgaz is in talks to acquire the 50% stake that ExxonMobil holds in Black Sea offshore gas project Neptun Deep . . . | |
| | 25 February 2021 : Apollo Global Management and GIP bid for stake... {hydrocarbons-technology.com} |
| Apollo Global Management and Global Infrastructure Partners are reportedly among companies that have placed a bid for a $10bn stake . . . | |
| | 25 February 2021 : Exxon sells UK North Sea oil, gas assets for over $1 billion {oilprice.com} |
| ExxonMobil will sell most of its non-operated assets in the UKs central and northern North Sea to private equity fund HitecVision for more than $1 billion . . . | |
| | 24 February 2021 : Oil slips after U.S. crude stocks rise amid deep freeze... {todayonline.com} |
| Oil prices fell in early trade on Wednesday after industry data showed U.S. crude inventories unexpectedly . . . | |
| | 23 February 2021 : Kinder Morgan and Brookfield to sell 25% stake in NGPL {Reuters} |
| Pipeline operator Kinder Morgan Inc and Brookfield Infrastructure Partners said on Monday they would sell a 25% stake . . . | |
| More news on oil stocks | ^Jump to the top^ | |
FPSO For Long Term Time Charter |
|
| 10. News on Oil Pollution | |
| | 27 February 2021 : Turkish oil spill response firm acquires Saab Seaeye ROV {oedigital.com} |
| Turkish oil spill response firm MOST Maritime has acquired a Saab Seaeye Falcon ROV to help with the rapid detection of hazardous substances . . . | |
| | 27 February 2021 : IMO regional pollution centre assists with oil spill... {hellenicshippingnews.com} |
| The IMO-administered Regional Marine Pollution Emergency Response Centre for the Mediterranean Sea is assisting the competent authorities of Israel . . . | |
| | 27 February 2021 : Mystery Israeli oil spill leads to multimillion dollar clean-up {forbes.com} |
| A massive oil spill off the coast of Israel is being called the worst ecological disasters in the Mediterranean countrys history . . . | |
| | 26 February 2021 : Cyprus coast not affected by oil spill off Israel {cyprus-mail.com} |
| The fisheries department said no signs of tar have been seen on the Cypriot coastline, as neighbouring Israel is dealing . . . | |
| | 25 February 2021 : Israeli court slaps 7-day gag order on oil spill {english.aawsat.com} |
| A Haifa court slapped a seven-day gag order on the investigation into the source of a huge oil leak that has polluted Israels entire Mediterranean coast . . . | |
| | 24 February 2021 : Greek Tanker is main suspect in disastrous Mediterranean... {greekcitytimes.com} |
| Aframax crude oil tanker MINERVA HELEN is designated as a prime suspect in recent oil spill accident off . . . | |
| | 23 February 2021 : Crews respond to fuel spill on Burrard Inlet {nsnews.com} |
| Western Canada Marine Response Corp. deployed anti-pollution vessel Texada Sentinel with a crew of four around 10:30 a.m. Monday . . . | |
| | 23 February 2021 : Japan extends ¥30 billion in loans to Mauritius after oil spill {japantimes.co.jp} |
| Japan will extend up to ¥30 billion in loans to Mauritius to help its economy recover from the coronavirus pandemic . . . | |
| | 22 February 2021 : Israels beaches blackened by tar after offshore oil spill {Reuters} |
| Israel is trying to find the ship responsible for an oil spill that drenched much of its Mediterranean shoreline with tar . . . | |
| | 20 February 2021 : Oil spill off Israels coast is its worst maritime pollution in decades {haaretz.com} |
| Tar that has washed up along Israels coast in recent days represents the countrys worse maritime pollution in decades . . . | |
| More Oil Pollution news | ^Jump to the top^ | |
| 11. OPEC News | |
| | 27 February 2021 : OPEC daily basket price stood at $65.42 a barrel {urdupoint.com} |
| The price of OPEC basket of thirteen crudes stood at $65.42 a barrel on Thursday, compared with $64.00 the previous day . . . | |
| | 27 February 2021 : OPEC+ compliance with oil production cuts jumps to 103% {oilprice.com} |
| The OPEC+ group of producers complied at 103 percent with the oil output cuts in January, higher than the estimated compliance in December . . . | |
| | 26 February 2021 : OPEC daily basket price stands at $64.00 a barrel Wednesday {wam.ae} |
| The price of OPEC basket of thirteen crudes stood at US$64.00 a barrel on Wednesday, compared with US$63.73 the previous day . . . | |
| | 25 February 2021 : OPEC daily basket price stands at $63.73 a barrel Tuesday {wam.ae} |
| The price of OPEC basket of thirteen crudes stood at US$63.73 a barrel on Tuesday, compared with US$62.01 the previous day . . . | |
| | 25 February 2021 : OPEC+ to weigh modest oil output boost at meeting... {Reuters} |
| OPEC+ oil producers will discuss a modest easing of oil supply curbs from April given a recovery in prices, OPEC+ sources said . . . | |
| | 23 February 2021 : OPEC basket down to USD 61.30 bp, standard crudes rise continues... {kuna.net.kw} |
| OPEC annual price in 2020 was USD 41.47 pb. However, the prices of other standard crudes increased due to the slow resumption . . . | |
| | 23 February 2021 : OPEC, U.S. oil firms expect subdued shale rebound even as crude prices rise {Reuters} |
| OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze output despite rising prices . . . | |
| | 20 February 2021 : OPEC daily basket price stood at $63.43 a barrel Thursday {menafn.com} |
| The price of OPEC basket of thirteen crudes stood at $63.43 a barrel on Thursday, 18th February, compared with $63.04 the previous day . . . | |
| | 19 February 2021 : OPEC daily basket price stood at $63.04 a barrel Wednesday {wam.ae} |
| The price of OPEC basket of thirteen crudes stood at US$63.04 a barrel on Wednesday, 17th February, compared with $62.48 the previous day . . . | |
| | 18 February 2021 : OPEC daily basket price stands at $62.48 a barrel Tuesday {wam.ae} |
| The price of OPEC basket of thirteen crudes stood at US$62.48 a barrel on Tuesday, 16th February, compared with US$62.60 the previous day . . . | |
| More OPEC News | ^Jump to the top^ | |
| 12. General Oil News | |
| | 26 February 2021 : Brazilian oil firm Petrobras to hire FPSO platform from Holands SBM... {Reuters} |
| Brazilian oil company Petrobras said it signed a letter of intent on Wednesday with Hollands SBM Offshore to hire a floating production storage . . . | |
| | 26 February 2021 : Nigeria losing 200,000 barrels a day to theft, vandalism... {Reuters} |
| Nigeria is losing 200,000 barrels of crude oil a day because of theft and vandalism, the head of the state oil company said . . . | |
| | 25 February 2021 : Oil in floating storage at one-year low as market strengthens {spglobal.com} |
| The volume of crude oil and condensate in tankers worldwide has fallen to a one-year low as the markets recovery gathers pace . . . | |
| | 24 February 2021 : China largest crude trader seeks $1.7bn Shanghai IPO {upstreamonline.com} |
| China top crude oil importer Sinochem Energy is ready to launch an initial public offering on China . . . | |
| | 24 February 2021 : Pertamina tussles with Chevron over Rokan EOR {energyvoice.com} |
| Indonesian national oil company Pertamina has so far failed to agree a commercial deal with Chevron for . . . | |
| | 24 February 2021 : City of Mapleton approves payment plan for gas bill {ktiv.com} |
| After the frigid temperatures, Mapleton city leaders had to come up with solutions for the overwhelming . . . | |
| | 24 February 2021 : RIL to spin off oil-to-chemicals biz into separate arm with $25-bn loan {tribuneindia.com} |
| Reliance Industries has announced the contours of carving out of its oil-to-chemicals (O2C) business into an . . . | |
| | 22 February 2021 : Iran wants US to remove sanctions before nuclear talks... {spglobal.com} |
| A top Iranian foreign ministry official on Feb. 21 said the US needs to remove its sanctions before talks can begin to revive the nuclear deal . . . | |
| | 22 February 2021 : Russia working on oil industry support after tax hikes... {hellenicshippingnews.com} |
| Russian Deputy Prime Minister Alexander Novak said on Friday the government has been working on some support measures for the oil producing industry . . . | |
| | 19 February 2021 : Ukraines Naftogaz eyes upstream, trading expansion in new five-year... {spglobal.com} |
| Ukraines state-owned Naftogaz Ukrayiny on Feb. 18 launched a new three-pronged corporate strategy, which will see a major new push . . . | |
| More General Oil News | ^Jump to the top^ | |
| 13. News on Biofuels | |
| | 27 February 2021 : RFA: EIA data shows US ethanol volumes fell due to the pandemic {ethanolproducer.com} |
| Year-end data released today by the U.S. Energy Information Administration provides evidence of both the impact of the COVID-19 pandemic . . . | |
| | 26 February 2021 : E10 petrol to be introduced later this year in the UK {biofuels-news.com} |
| The UK Government has announced that it will mandate the introduction of E10 fuel, petrol containing up to 10% of sustainable bioethanol . . . | |
| | 26 February 2021 : Britain to introduce greener gasoline at petrol stations by September {Reuters} |
| Britain is set to introduce E10 gasoline, a motor fuel blended with 10% renewable fuels, by September this year . . . | |
| | 26 February 2021 : Ethanol, biomass-based diesel RIN prices approach... {biodieselmagazine.com} |
| The prices of renewable identification number credits—the compliance mechanisms used for the Renewable Fuel Standard program . . . | |
| | 26 February 2021 : Brazil Center-South hydrous ethanol in parabolic price phase {spglobal.com} |
| S&P Global Platts assessed Center-South Brazil hydrous ethanol at a record Real 3,350/cu m on Feb. 25, up Real 200, or 6%, on the week . . . | |
| | 25 February 2021 : USDA: Corn use for fuel ethanol down in December {ethanolproducer.com} |
| The USDA recently released its Grain Crushings and Co-Products Production report for February, reporting that corn use for fuel ethanol . . . | |
| | 25 February 2021 : EIA: Ethanol production down 28%, stocks down 7% {ethanolproducer.com} |
| U.S. ethanol production fell nearly 28 percent to 658,000 barrels per day the week ending Feb. 19, reaching its lowest level since May 8, 2020 . . . | |
| | 24 February 2021 : State officials wont attend a meeting regarding AltEn ethanol plant {1011now.com} |
| After planning a meeting for March 1 to discuss issues with the Mead ethanol plant, Saunders County has . . . | |
| | 24 February 2021 : EPA changes stand, sides with ethanol industry in... {wisfarmer.com} |
| The federal government announced Monday that it will support the ethanol industry in a lawsuit over biofuel . . . | |
| | 24 February 2021 : Grassley pleased EPA sides with biofuels in critical... {mdjonline.com} |
| Iowa Senator Chuck Grassley says he is glad the EPA has finally come around after it announced its support for . . . | |
| More Biofuels News | ^Jump to the top^ | |
| Oil & Gas trainings in the next 60 days | |
| ^Jump to the top^ | |
 | Chartering Ships an A-Z Guide : From 1st March to 3rd March 2021 at Virtual. Map |
| | 3D Seismic Acquisition Design and Operation : From 1st March to 3rd March 2021 at Virtual / Online Training . Map |
| | Dry Dock Training : From 2nd March to 5th March 2021 at Online Course. Map |
| | EPC Contracts for Energy Industry (Online Course) : From 2nd March to 2nd March 2021 at Live Online Course. Map |
| | Introduction to Petroleum Geology : From 15th March to 19th March 2021 at Virtual / Online Training . Map |
| | API 570 Training--Piping Inspector Course Virtual Training : From 15th March to 19th March 2021 at Virtual. Map |
| | ASME Section VIII Division 1 & 2 - Pressure Vessel VIRTUAL TRAINING : From 15th March to 19th March 2021 at Virtual. Map |
| | Practical Handling of VLSFO & ULSMGO Post 2020 & Future Trends of 2030 Alternative Fuels : From 15th March to 16th March 2021 at Virtual. Map |
| | International Oil Trading: Introduction & Special Focus for the Shipping/Marine Industries : From 17th March to 18th March 2021 at Virtual. Map |
| | The Science of Buying Bunker Fuels : From 21st March to 22nd March 2021 at Virtual. Map |
| | Advanced Shutdown Turnaround and Start-Up : From 22nd March to 25th March 2021 at Virtual / Online Training . Map |
| | Best Practises in HSE Management : From 22nd March to 25th March 2021 at Virtual / Online Training . Map |
| | Integrated Petrophysics for Reservoir Characterisation : From 22nd March to 26th March 2021 at Virtual / Online Training . Map |
| | API 510 - Pressure Vessel Inspector Course VIRTUAL TRAINING : From 22nd March to 26th March 2021 at Virtual. Map |
| | ASME B31.3 Training - Process Piping Code Design Requirements VIRTUAL TRAINING : From 22nd March to 26th March 2021 at Virtual. Map |
| | LNG: Supply, Demand, Pricing and Trading (Online Course) : From 23rd March to 23rd March 2021 at Live Online Course. Map |
| | Practical A to Z Guide to Laytime and Demurrage : From 24th March to 26th March 2021 at Virtual / Online Training . Map |
| | Ship Shore Safety Checklist Masterclass : From 29th March to 29th March 2021 at Virtual / Online Training . Map |
| | Managing Joint Ventures in Oil and Gas : From 29th March to 30th March 2021 at Virtual / Online Training . Map |
| | LNG Loading Master Certification : From 29th March to 31st March 2021 at Virtual / Online Training . Map |
| | Effective Incident Investigation and Reporting : From 29th March to 31st March 2021 at Virtual / Online Training . Map |
| | Integrating Human Factors into the Design and Operations Risk Framework : From 29th March to 31st March 2021 at Virtual / Online Training . Map |
| | API 653 Storage Tanks : From 29th March to 31st March 2021 at Virtual / Online Training . Map |
| | Advanced Maintenance and Reliability Management : From 29th March to 1st April 2021 at Virtual / Online Training . Map |
| | Natural Gas & LNG Dynamics Virtual Course : From 29th March to 30th March 2021 at Virtual / Online Training . Map |
| | Middle East-Asia Oil Trade & Pricing Virtual Course : From 31st March to 1st April 2021 at Virtual / Online Training . Map |
| | Management of Complexity Custody Transfer and HSEQ Risk for Marine Tank Storage Terminals and Refineries : From 5th April to 7th April 2021 at Virtual / Online Training . Map |
| | Best Practices in Heavy Transport and Lifting, Emphasizing Safety : From 5th April to 8th April 2021 at Virtual / Online Training . Map |
| | TÜV Rheinland Functional Safety Engineer Safety Instrumented Systems (SIS) : From 5th April to 8th April 2021 at Virtual / Online Training . Map |
| | Advanced Basin Analysis : From 5th April to 8th April 2021 at Virtual / Online Training . Map |
| | Integrating Asset Integrity into Operational and Strategic Management : From 5th April to 8th April 2021 at Virtual / Online Training . Map |
| | Loading Master Certification for Oil, Gas and Petrochemicals : From 5th April to 8th April 2021 at Virtual / Online Training . Map |
| | SPE Virtual Workshop: Offshore CCUS - The Size of the Prize and the Way Forward : From 6th April to 13th April 2021 at Virtual. Map |
| | Integrated Petrophysics for Reservoir Characterisation : From 7th April to 9th April 2021 at Virtual / Online Training . Map |
| | ASME Section I - Power Boilers Virtual Training : From 7th April to 9th April 2021 at Virtual Training. Map |
| | SPE Virtual Workshop: Achieving Wells Excellence through Standardisation : From 20th April to 22nd April 2021 at Virtual. Map |
| | SPE Virtual Workshop: Produced Water Treatment and Management (Onshore and Offshore) : From 26th April to 28th April 2021 at Virtual. Map |
| | Mastering Clean Hydrogen (Online Course) : From 26th April to 26th April 2021 at Live Online Course. Map |
| See all training events | ^Jump to the top^ | |
| Ship Management Software - Ship Operations Software Rig Maintenance Software - Offshore Vessel Maintenance Software Maritime ISM Software - Marine PMS Software |
|
------------------------------------------------------------------------------------------- www.worldoils.com | mail@worldoils.com |
