Oil & Gas Journal Archive
- Cenovus to sell its Palliser assets in Alberta for $1.3 billion (Can.)
- DOE announces $26 million in carbon-capture project funding
- ESAI: Price hikes to cut Saudi oil demand
- Senators introduce bill to facilitate small-scale LNG exports
- MARKET WATCH: Oil prices mixed on expected OPEC production-cut extension
- DNV: Electricity as energy source will gain on oil, gas by 2050
- Iraq urged to improve oil service contracts
- EIA reports 5.7 million-bbl decline in US crude stockpiles
- MARKET WATCH: NYMEX, Brent crude oil prices steady despite Iraq, Iran politics
- Bakken oil in line for export to China
- Offshore expertise helping Norway in Barents Sea, official says
- Enbridge’s Alberta Clipper capacity increase receives US approval
- MARKET WATCH: Middle East political tensions support oil prices
- COGA, API council jointly sue City of Thornton over new regulations
- Pruitt issues directive aimed at curbing ‘sue-and-settle’ litigation
The crude oil contract for November delivery fell 70Â¢ on the New York market Oct. 12 to settle at $50.60/bbl after the US Energy Information Administration reported oil levels stored at Cushing, Okla., increased by 1.3 million bbl although overall US oil inventories fell.
Turkish Petroleum Refineries Corp. (Tupras) is investigating an explosion that occurred on Oct. 11 at its 11 million-tonne/year Aliaga refinery in Turkey’s western province of Izmir.
The UK government will spend Â£1 billion to support adoption of ultralow-emission vehicles (ULEVs) in its campaign to end the sale of new vehicles powered by gasoline and diesel by 2040.
Glencore PLC, Baar, Switzerland, has entered a deal to acquire Chevron Corp.’s majority ownership in Chevron South Africa (Pty.) Ltd., which operates a 110,000-b/d refinery at Milnerton, in Cape Town, South Africa, as well the entirety of Chevon’s interest in downstream assets in Botswana.
Despite Lebanon’s intent to award four of five blocks in its inaugural offshore bid round, Energy and Water Minister Cesar Abi Khalil said the round had received two bids to operate the offshore gas blocks, according to the Lebanese local press, The Daily Star.