| 5. News on Oil Output |
 | 16 June 2019 : RRC: Oil production in Midland County in March tops 12M barrels {mrt.com} |
| More than 12 million barrels of oil were produced in Midland County during the month of March, according to the Railroad Commission. Midland . . . |
| | 15 June 2019 : Kuwait ups oil production in May despite output cut policy {zawya.com} |
| Kuwaiti oil production was out of tune with other OPEC members, as the GCC country increased its output by 13,000 barrels a day . . . |
| | 15 June 2019 : North Dakota oil production flat on month in April, natural gas hits... {spglobal.com} |
| North Dakota oil production averaged just over 1.391 million b/d in April, down just 572 b/d from March and down about 12,600 b/d from January . . . |
| | 15 June 2019 : Iran oil output at lowest since 1980s {arabnews.com} |
| Irans oil production has dropped to its lowest level since the 1980s as the full force of US sanctions weighed on exports . . . |
| | 14 June 2019 : Exclusive: Russia to boost LNG output fivefold to supply Asia {asia.nikkei.com} |
| Russia aims to increase its liquefied natural gas output about fivefold by 2035 to capture about 20% of the global market . . . |
| | 14 June 2019 : Crude oil production to reach 5.86 million barrels per day by 2035: CAPP {globalnews.ca} |
| The Canadian Association of Petroleum Producers is projecting Canadian crude oil production will increase by 1.27 million barrels per day to 5.86 million by 2035 . . . |
| | 14 June 2019 : Canadian oil output growth forecast halved to 1.4% annually... {reuters.com} |
| Canadian oil production will grow by 1.4% annually until 2035, the Canadian Association of Petroleum Producers forecast on Thursday . . . |
| | 13 June 2019 : Argentina oil, gas production poised for growth, yet hurdles stand in way {spglobal.com} |
| Argentina is on track for faster oil and natural gas production growth as companies enter full-scale development in the Vaca Muerta shale play . . . |
| | 13 June 2019 : Shell plans for Knarr field closure as Norway business winds down {spglobal.com} |
| Shell has started planning the closure of the last oil field it operates offshore Norway, Knarr, as it dials back its presence in the country . . . |
| | 13 June 2019 : The US will maintain oil production despite falling prices... {cnbc.com} |
| The U.S. will maintain its oil production or even ramp it up higher despite low energy prices and slowing economic growth . . . |
| More Oil Output News | ^Jump to the top^ |
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| 6. News on Oil Transportation |
| | 16 June 2019 : S Korea stops Iranian oil imports in May as sanction waivers end {newagebd.net} |
| South Korea halted all imports of Iranian oil in May, customs data showed on Saturday, as waivers on US sanctions against Iran ended at . . . |
| | 15 June 2019 : Russias Kharyaga field starts gas sales {ogj.com} |
| Zarubezhneft and production-sharing partners have started sales of associated sour gas at Kharyaga oil field in the Nenets Autonomous Region of northwestern Russia . . . |
| | 14 June 2019 : Kazakhstan ready to supply oil to Belarus {eng.belta.by} |
| Kazakhstan is ready to supply oil to Belarus. The matter was discussed at the government level a short while ago, BelTA learned . . . |
| | 14 June 2019 : Tests under way to flow Israeli gas via EMG pipeline to Egypt... {spglobal.com} |
| Tests to flow Israeli gas through the East Mediterranean Gas pipeline to Egypt are now under way and are expected to be concluded . . . |
| | 13 June 2019 : Vietnams May crude oil imports jump 63% on year to 213,191 b/d {spglobal.com} |
| Vietnams crude imports surged 62.9% year on year to 901,628 mt in May, preliminary data released Tuesday by Vietnam Customs showed . . . |
| | 13 June 2019 : Nations crude oil supplies jump again as oil prices slip further {chron.com} |
| The nations stockpiles of crude oil spiked again last week, another sign of excess supply in oils bear market, as prices are weighed down . . . |
| | 13 June 2019 : India unlikely to resume Iran oil import, may talk losses with US {hindustantimes.com} |
| India is unlikely to resume Iranian crude oil purchases, which stopped when exemptions to US sanctions expired on May 2 . . . |
| | 12 June 2019 : Etinde gas export project hangs in doubt {petroleum-economist.com} |
| The Etinde gas export project in Cameroon was once touted as a candidate for one of the worlds first floating LNG facilities . . . |
| | 12 June 2019 : $1.6b pipeline proposed to move North Dakota crude oil {oilcity.news} |
| Two companies are proposing a $1.6 billion pipeline to move North Dakota crude oil, making it the biggest such project in the state . . . |
| | 12 June 2019 : TC, IEnova finish Texas-Mexico gas export line: Update {argusmedia.com} |
| TC Energia and IEnovas 2.6 Bcf/d Sur de Texas-Tuxpan pipeline to add capacity for US natural gas exports to Mexico has been completed . . . |
| More Oil Transportation News | ^Jump to the top^ |
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| 7. News on Oil companies |
| | 13 June 2019 : Cnoocs UK business posts £1bn pre-tax profit {energyvoice.com} |
| Cnooc Petroleum Europe, formerly Nexen UK, has posted its full year accounts on Companies House, with pre-tax profits of £1bn, up from £767.6m in 2017 . . . |
| | 12 June 2019 : Trafigura profit rebounds as restructuring begins to pay off {ft.com} |
| Commodity trader Trafigura has joined rivals Gunvor and Vitol in reporting a large rebound in profitability helped by oil market volatility . . . |
| | 9 June 2019 : Occidental Petroleum Co. holdings increased by... {rocklandregister.com} |
| Certified Advisory Corp lifted its position in Occidental Petroleum Co. by 120.5% in the 1st quarter, according to . . . |
| | 8 June 2019 : Norways Equinor evacuates North Sea platform after collision... {Reuters} |
| Norwegian oil and gas firm Equinor has evacuated oil workers from its Statfjord A platform in the North Sea after it was struck by a supply vessel . . . |
| | 8 June 2019 : OMV Petrom calls for Romanian fiscal stability {petroleum-economist.com} |
| OMV Petrom, the Romanian independent 51pc owned by Austrias OMV, believes Romania could develop into Europes third-largest gas producer . . . |
| | 4 June 2019 : Verus Petroleum profits rise sharply after year of expansion {thetimes.co.uk} |
| Turnover at Verus Petroleum more than doubled to $113.7 million last year and the company booked a $73.6 million pre-tax profit . . . |
| | 3 June 2019 : Chevron seeks relief from Trumps Venezuela oil sanctions {gulf-times.com} |
| Chevron Corp is lobbying the US for sanctions relief so it can continue doing business in oil-rich Venezuela where President Donald Trump . . . |
| | 3 June 2019 : ONGC topples Indian Oil to regain most profitable PSU tag {livemint.com} |
| ONGC, Indias top oil and gas producer, has toppled Indian Oil Corp to regain crown of being the countrys most profitable public sector company . . . |
| | 1 June 2019 : Iraq agrees with U.S. oil giant to return foreign staff to Iraq {xinhuanet.com} |
| The Iraqi government agreed with the U.S. Exxon Mobil oil company to return its foreign staff to Iraqs southern West Qurna 1 oilfield, an Iraqi oil official said on Friday . . . |
| | 31 May 2019 : Marathon Oil Co. shares sold by Kornitzer Capital... {sundanceherald.com/} |
| Kornitzer Capital Management Inc. KS decreased its position in Marathon Oil Co.by 2.1% in the 1st quarter, according to the company in . . . |
| More news on oil companies | ^Jump to the top^ |
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| 8. Oil Contracts |
| | 14 June 2019 : Senex signs gas sales agreement with Australian... {manmonthly.com.au} |
| Senex Energy has agreed to a domestic gas sales agreement for up to 10.5 petajoules of natural gas with glass-packaging manufacturer . . . |
| | 13 June 2019 : Petrofac secures contract with Petroleum Development Oman {oilreviewmiddleeast.com} |
| Petrofac, an oilfield service provider, has secured its third project under a 10-year framework agreement with Petroleum Development Oman . . . |
| | 12 June 2019 : Sanallah denounces parallel NOC for oil contract {plenglish.com} |
| The Chairman of the Lybian National Oil Corporation, Mustafa Sanallah, has denounced on Tuesday that the parallel NOC in eastern Libya signed contracts . . . |
| | 11 June 2019 : Saipem-led joint venture awarded Anadarkos gas project... {pumps-africa.com} |
| Italian oil and gas firm, Saipem, has been awarded a US$6 billion contract to engineer and construct an onshore Liquid Natural Gas project in Mozambique . . . |
| | 11 June 2019 : Oil cut deal possible at G20 {saudigazette.com.sa} |
| Saudi Arabia and Russia could agree on OPEC policy to extend oil output at G20 summit, Saudi Energy Minister Khalid Al-Falih told Russian news service Tass . . . |
| | 10 June 2019 : Shaky peace deal bags Juba U.S.$1billion in extra oil revenues {allafrica.com} |
| The shaky peace deal in South Sudan has brought with it some financial gains over the past two years, with the country reportedly making more . . . |
| | 10 June 2019 : Expro awarded significant contract in India {timesofoman.com} |
| Leading international oilfield services company, Expro, has been awarded a multi-million dollar contract for Hindustan Oil Exploration Company . . . |
| | 10 June 2019 : Scrutinising the Aphrodite gas deal {cyprus-mail.com} |
| The good news is that an agreement has been reached between the government and the Noble Energy, Delek and Shell joint venture . . . |
| | 9 June 2019 : Russia and China sign Arctic deal {maritime-executive.com} |
| Novatek, Sovcomflot, COSCO Shipping and the Silk Road Fund Co., have signed a four-party agreement to establish a . . . |
| | 8 June 2019 : European oil majors brave sanctions risk to sign... {spglobal.com} |
| European oil majors including Shell and OMV signed new cooperation deals with Russian energy companies during the St. Petersburg International Economic Forum . . . |
| More news on oil contracts | ^Jump to the top^ |
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| 11. OPEC News |
| | 16 June 2019 : Opec works to stabilize oil market, says Saudi Minister {plenglish.com} |
| Saudi Arabia Energy Minister Khalid Al Falih said here on Saturday that the Organization of Petroleum Exporting Countries is working to . . . |
| | 15 June 2019 : Russias Gazprom Neft urges OPEC to raise oil output {news.yahoo.com} |
| OPEC and non-OPEC producers should raise oil production starting from the second half of the year to balance the market and keep prices at an acceptable level . . . |
| | 14 June 2019 : OPEC daily basket price announced for Wednesday {urdupoint.com} |
| The price of OPEC basket of fourteen crudes stood at US$61.01 a barrel on Wednesday, 12th June, compared with US$62.56 the previous day . . . |
| | 14 June 2019 : OPECs oil output falls to 5-year low in May as group warns... {cnbc.com} |
| Oil output from OPEC fell in May, hitting a five-year low as the group warned that U.S.-China trade tensions could lead to slower economic growth . . . |
| | 13 June 2019 : Opec to roll over supply cuts {khaleejtimes.com} |
| The oil production deal by Opec and allies should remain or be extended at least until the end of the year, UAE Minister of Energy and Industry . . . |
| | 13 June 2019 : OPEC daily basket price announced for Tuesday {wam.ae} |
| The price of OPEC basket of fourteen crudes stood at US$62.56 a barrel on Tuesday, 11th June, compared with US$63.01 the previous day . . . |
| | 13 June 2019 : Algeria floats idea of larger OPEC+ oil cut, rollover still likely... {Reuters} |
| Algeria has floated an idea of increasing an oil supply cut by OPEC and its allies in the second half of 2019 as demand falters, OPEC sources said . . . |
| | 12 June 2019 : OPEC nears deal to keep production curbs in place {brecorder.com} |
| Members of the Organization of the Petroleum Exporting Countries are close to reaching an agreement on extending production cuts . . . |
| | 11 June 2019 : OPEC crude oil output shrinks in May, as Saudis cut further... {spglobal.com} |
| OPEC has so far avoided a bruising intra-bloc market share battle, with top exporter Saudi Arabias crude oil production falling to a four-and-a-half-year low in May . . . |
| | 11 June 2019 : OPEC+ to take consolidated decision on output pact... {Economic Times} |
| Countries signed up to a global pact on oil production cuts will reach a consolidated decision on what will happen when the existing pact expires at the end of June . . . |
| More OPEC News | ^Jump to the top^ |
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| 12. General Oil News |
| | 16 June 2019 : Nigeria’s crude oil reserves fall to 36.97 billion barrels {punchng.com} |
| The nation’s crude oil reserves dropped by 481 million barrels to 36.972 billion barrels in 2018, according to a new report by the Organisation of . . . |
| | 16 June 2019 : Lebanon says Russia, Europe eye investment in oil and gas {timesofisrael.com} |
| Russian and European firms are mulling investments in Lebanon’s nascent oil and gas sector as it prepares to launch offshore drilling by the . . . |
| | 16 June 2019 : Mideast attack jolts oil-dependent Asia {manilatimes.net} |
| The blasts detonated far from the bustling megacities of Asia, but the attack this week on two tankers in the strategic Strait f Hormuz hits . . . |
| | 16 June 2019 : Lebanon says Russia, Europe eye investment in oil and gas {dailytimes.com.pk} |
| Russian and European firms are considering investments in Lebanon’s nascent oil and gas sector as it prepares to launch offshore drilling by . . . |
| | 16 June 2019 : S.Arabia seeks oil supply protection as US, Iran face off {jordantimes.com} |
| Saudi Arabia called for swift action to secure Gulf energy supplies, after the United States blamed Iran for attacks on two oil tankers in a . . . |
| | 16 June 2019 : Saudi Arabia blames Iran for oil tanker attacks, calls for decisive action {globalnews.ca} |
| Saudi Arabia’s crown prince blamed Iran for attacks on two oil tankers in the Gulf of Oman and called on the international community to take . . . |
| | 16 June 2019 : UAE foreign minister: State actor behind attacks on oil tankers {america.cgtn.com} |
| Gulf states are sounding the alarm, calling for an international response to attacks on oil tankers near the Strait of Hormuz. Two ships were . . . |
| | 14 June 2019 : Norway wealth fund to drop ConocoPhillips, Hess {oedigital.com} |
| Norways wealth fund will have to divest its holdings in ConocoPhillips and Hess after both U.S. oil companies were added to a list . . . |
| | 13 June 2019 : Japan-Iran ties develop over oil while U.S. looms {menafn.com} |
| With Prime Minister Shinzo Abes visit to Iran, Japan is aiming to leverage its traditionally amicable ties to help de-escalate tensions in the Middle East . . . |
| | 13 June 2019 : Budget and the downstream oil and gas sector {brecorder.com} |
| Federal Budget 2019-20 announced yesterday turned out to be a tougher one in general driven largely by removal of many exemptions and concessions as expected . . . |
| More General Oil News | ^Jump to the top^ |
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| 13. News on Biofuels |
| | 16 June 2019 : Modified enzyme can increase second-generation ethanol... {greencarcongress.com/} |
| Using a protein produced by a fungus that lives in the Amazon, Brazilian researchers have developed a molecule capable of increasing . . . |
| | 15 June 2019 : Argo ethanol reaches highest level in more than two years {spglobal.com} |
| S&P Global Platts benchmark Chicago Argo ethanol assessment reached its highest level in more than two years Friday as feedstock prices continued to exert upward . . . |
| | 15 June 2019 : EIA increases 2019, 2020 ethanol production forecasts {ethanolproducer.com} |
| The U.S. Energy Information Administration released the latest edition of its Short-Term Energy Outlook June 11, increasing its forecasts for 2019 and 2020 ethanol production . . . |
| | 15 June 2019 : UNICA: Hydrous ethanol sales set a record in May {ethanolproducer.com} |
| UNICA, the Brazilian sugarcane industry association, has announced sales of hydrous ethanol reached a record 2.05 billion liters in May . . . |
| | 14 June 2019 : Long-term E15 availability expected to spur demand, markets {postbulletin.com} |
| Expectations from farmers and the renewable fuels industry were pumped up last month when the Trump administration announced . . . |
| | 14 June 2019 : Novozymes reveals new liquefaction platform and yeast technology {biofuels-news.com} |
| During this years Fuel Ethanol Workshop in Indianapolis, US, biofuel industries technology provider Novozymes announced two major launches . . . |
| | 14 June 2019 : ABFA: Letter urges EPA to finalize provisions in REGS rule {ethanolproducer.com} |
| A group of 15 companies sent a letter to Assistant EPA Administrator for Air and Radiation Bill Wehrum June 12 urging the agency to finalize provisions . . . |
| | 14 June 2019 : Bill aims to extend MLPs to bioenergy, biofuel projects {ethanolproducer.com} |
| Sens. Chris Coons, D-Del., and Jerry Moran, R-Kan., and Reps. Mike Thompson, D-Calif., and Ron Estes, R-Kan., reintroduced bipartisan legislation June 13 . . . |
| | 13 June 2019 : ICM: Planning is key to a successful shutdown {ethanolproducer.com} |
| Kristen Gordon, director of reliability services at ICM Inc., presented ICM’s best practices for managing ethanol plant shutdowns . . . |
| | 13 June 2019 : Sweden must double biofuels use to meet emissions goal: report {thelocal.se} |
| The use of biofuels for Swedens cars and trucks will need to more than double and the use of electricity increase ten-fold if the country is to meet its goal . . . |
| More Biofuels News | ^Jump to the top^ |
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| Oil & Gas trainings in the next 60 days |
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 | Evaluation of Canadian Oil and Gas Properties : From 17th June to 21st June 2019 at Calgary. Map |
| | Basic Dry Dock Training Course : From 17th June to 20th June 2019 at London. Map |
| | Shipbroking and Chartering : From 17th June to 18th June 2019 at Singapore. Map |
| | Production Sharing Contracts Module 1 & 2 : From 17th June to 21st June 2019 at Kuala Lumpur. Map |
| | Loading Master Certificate : From 19th June to 21st June 2019 at Singapore. Map |
| | Shipping, Ports & Maritime Fundamentals : From 19th June to 20th June 2019 at Perth. Map |
| | API 571 Damage Mechanisms Affecting Fixed Equipment in the Refining Industry : From 24th June to 28th June 2019 at Kuala Lumpur. Map |
| | API 653 Training - Tank Inspection, Repair, Alteration, and Reconstruction : From 24th June to 28th June 2019 at Bandung . Map |
| | LNG Fundamentals : From 25th June to 27th June 2019 at Brisbane. Map |
| | Introduction to Exploration and Production for New Engineers and Non-Technical Professionals in Oil & Gas : From 25th June to 26th June 2019 at Kuala Lumpur. Map |
| | Best Practices in Heavy Transport and Lifting, Emphasizing Safety : From 26th June to 28th June 2019 at Singapore. Map |
| | Emergency Response for Oil and Gas : From 26th June to 28th June 2019 at Singapore. Map |
| | Oil & Gas Exploration & Production Fundamentals : From 26th June to 27th June 2019 at Perth. Map |
| | Gas Explosion Hazards, Fire Detection and Protection Systems Design for Oil & Gas : From 26th June to 28th June 2019 at Singapore. Map |
| | Excellence In Plants Process Safety & Risk Management : From 27th June to 29th June 2019 at Singapore. Map |
| | ALARP Principles & Guidelines : From 27th June to 28th June 2019 at Singapore. Map |
| | Drilling Essentials for New Engineers and Non-Technical Professionals in Oil & Gas : From 27th June to 28th June 2019 at Kuala Lumpur. Map |
| | Understanding Sub-Surface Pressures (Bangkok) : From 1st July to 3rd July 2019 at Bangkok. Map |
| | Understanding Sub-Surface Pressures (Kuala Lumpur) : From 1st July to 3rd July 2019 at Kuala Lumpur. Map |
| | Emergency Response for Oil and Gas : From 1st July to 3rd July 2019 at Kuala Lumpur. Map |
| | 3 Days Mini MBA for Oil and Gas : From 1st July to 3rd July 2019 at Kuala Lumpur. Map |
| | Excellence in Plants Process Safety & Risk Management : From 1st July to 3rd July 2019 at Kuala Lumpur. Map |
| | 3 Days World Class Pipeline Operations and Maintenance Course : From 1st July to 3rd July 2019 at Kuala Lumpur. Map |
| | Mastering Energy Storage & Charging Electric Vehicles (EVs) : From 1st July to 5th July 2019 at London. Map |
| | Power Purchase Agreement from Commercial Perspective : From 2nd July to 5th July 2019 at London. Map |
| | ASME Section I - Power Boilers : From 3rd July to 5th July 2019 at Kuala Lumpur. Map |
| | Best Practices in Pore Pressure and Fracture Pressure Prediction : From 4th July to 5th July 2019 at Kuala Lumpur. Map |
| | Project Finance & Project Financial Modelling : From 8th July to 12th July 2019 at Singapore. Map |
| | Shell and Tube Heat Exchangers : Mechanical Design (ASME/TEMA), and Considering Operation & Maintenance : From 8th July to 12th July 2019 at Kuala Lumpur. Map |
| | BunkerExperience Singapore : From 8th July to 10th July 2019 at Singapore. Map |
| | Understanding Sub-Surface Pressures : From 8th July to 10th July 2019 at Kuala Lumpur. Map |
| | Root Cause Analysis : From 9th July to 12th July 2019 at Bangkok. Map |
| | Best Practices in Pore Pressure and Fracture Pressure Prediction (Kuala Lumpur) : From 11th July to 12th July 2019 at Kuala Lumpur. Map |
| | Root Cause Analysis : From 15th July to 18th July 2019 at Kuala Lumpur. Map |
| | API 936 Refractory Inspection Code : From 15th July to 17th July 2019 at Kuala Lumpur. Map |
| | Geophysical Data Management for Non-Geophysicist : From 15th July to 17th July 2019 at Kuala Lumpur. Map |
| | Power Purchase Agreement from Legal Perspective : From 16th July to 19th July 2019 at Sydney. Map |
| | 3 Day Masterclass 3 Day Masterclass Ports And Shipping : From 17th July to 19th July 2019 at Singapore. Map |
| | ISO 55000 - Asset Management International Standard : From 17th July to 19th July 2019 at Bangkok. Map |
| | LNG Supply, Demand & Pricing : From 22nd July to 26th July 2019 at London. Map |
| | API 936 Refractory Inspection Code (Bangkok) : From 22nd July to 24th July 2019 at Bangkok. Map |
| | Mini MBA on Understanding the Dynamics of the Petrochemicals Industry : From 29th July to 2nd August 2019 at London. Map |
| | API 579 Training - Fitness For Service : From 29th July to 2nd August 2019 at Bandung. Map |
| | API 570 Training--Piping Inspector Course(Badung) : From 5th August to 9th August 2019 at Bandung. Map |
| | EPC Contracts for Energy Industry : From 5th August to 7th August 2019 at Singapore. Map |
| | SRM Strategic Risk Management : From 5th August to 7th August 2019 at Kuala Lumpur. Map |
| | Advanced Practical Centrifugal Pump : From 5th August to 7th August 2019 at Kuala Lumpur. Map |
| | Fire and Explosion Risk on Oil and Gas Facilities, Fundamentals, Assessment and Incident Investigations : From 7th August to 9th August 2019 at Kuala Lumpur. Map |
| | ASME PCC-2 (Repair of Pressure Equipment) : From 14th August to 16th August 2019 at Bandung. Map |
| See all training events | ^Jump to the top^ |
