RT @exxonmobil: Today we announced our plans to join the Oil and Gas Climate Initiative, a voluntary initiative representing 13 of the worl…
Oil & Gas Journal Archive
- US House Democrats express NPR-A oil development concerns to BLM
- US Coast Guard withdraws 1999 offshore oil and gas proposed rule
- ExxonMobil to join oil and gas climate initiative
- Verus Petroleum to acquire Cieco E&P (UK)
- Total buys provider of EV-charging systems
- MARKET WATCH: NYMEX oil prices jump more than $1/bbl on lower crude inventory
- Polish president seeks more US help in fighting Russian energy moves
- CERI: Canadian LNG export economics not globally competitive
- Linn, Roan Holdings to combine to form pure-play firm
- Sorrells promoted at Texas Railroad Commission
- BLM issues final oil, gas waste prevention rule with reforms
- EIA: US crude inventories decrease 2.1 million bbl
- MARKET WATCH: NYMEX oil, gas prices rise on US-China trade tensions
- ESAI: Refinery expansions overwhelms rising gasoline, diesel demand
- MARKET WATCH: NYMEX, Brent oil prices fall slightly pending full US sanctions on Iran
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The US House of Representatives passed a bill on Sept. 6 authorizing small-scale exports of LNG by 260 to 146 votes. Thirty-seven Democrats joined 223 Republicans in casting aye ballots. Three Republicans and 143 Democrats opposed the measure, which moved immediately to the US Senate for consideration by the Energy and Natural Resources Committee.
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Nigerian National Petroleum Corp. said it will establish two condensate refineries with a combined refining capacity of 200,000 b/d at Western Forcados Area and Assah North Ohaji South (ANOH) Areas of Delta and Imo States, Nigera, respectively.
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Light, sweet crude oil prices for November delivery fell by less than a dime on the London market Sept. 17 to hold above $68/bbl while Brent crude oil prices on the London market also fell slightly, settling above $78/bbl.
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In its latest Global Fuels Outlook, ESAI Energy projects global demand for transportation fuels to rise by more than 1 million b/d in 2019 after increasing by just 800,000 b/d in 2018. This acceleration will be driven by a recovery in gasoline and diesel demand growth.
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The light, sweet crude oil prices for October gained nearly $1 on the New York market Sept. 18 to settle at $69.85/bbl while the Brent crude contract for November delivery also jumped nearly $1 in London to settle just above $79/bbl.