OIL to challenge closure notice
The pollution watchdog, in its closure notice on Saturday, had written that the company has “nonchalantly violated the provisions of law effective causing pollution to …
Category: Latest News
Oil and gas The reservoir to stop overflow is underway
Drilling and workover operations in 5 more areas, which are outside Baghjan, are yet to start out as protests are continuing there. Among them, two …
Oil Resumes Weekly Winning Streak
Oil rotated last week’s setback, extending a slow but relentless rise since falling into negative territory in April. U.S. benchmark crude futures rose 2.3% Friday …
Re-balance the worldwide oil market
Time spreads also showed signs of strength. WTI’s front-month spread rose Friday to the strongest level during a month. The July-dated contract expires Monday, which …
Oil is resuming its upward trend
Oil was poised to resume a run of weekly gains on signs consumption is learning as economies emerge from lockdowns. Despite many countries still struggling …
Oil and Gas Technology Centre
Brent for August settlement advanced 1.2% to $42.00 a barrel on the ICE Futures Europe exchange after rising 2% on Thursday. The August contract was …
US slaps sanctions on Mexican firms, to Venezuelan oil
The US on Thursday blacklisted Mexico’s Libre Abordo and a related company. Accusing them of helping Caracas evade US sanctions within the first formal action. …
Asia’s oil demand recovery remains fragile
The recovery in Asia’s demand for oil remains fragile despite the reopening of economies across the region. As the second wave of coronavirus outbreaks could …
China’s new marine fuel contract to attract strong industry
The new low-sulfur heating oil (LSFO) contract features marine fuel meeting. Stricter international emissions rules and is that the latest commodity futures product. Second oil …
To extend oil cuts beyond July
Oil fell quite 2 percent to below $41 a barrel. After US data showed crude inventories rose to a record high, reviving worries of a …
Oil and Gas Sharpening Venezuela’s Cycle of Recession
Yet albeit Venezuela was pumping at capacity, oil prices are at their lowest in years. Thanks to an enormous drop by global demand, a result …
Venezuelan oil production sinks to lowest output
Venezuela heavily contingent income from oil exports — produced just 570,000 barrels of oil each day. A drop of 54,000 BPD compared to at least …
Oil prices stable ahead of OPEC
Oil prices were broadly stable on Thursday as Brent erased losses. In early European trading before a gathering of OPEC members and their allies against …
British oil major BP raises
British oil major BP Plc has raised $11.9 billion in debt through a problem of hybrid bonds in multiple currencies. The spokeswoman told Reuters in …
The world’s biggest oil and gas companies
The coronavirus has exposed the fragility of a number of the world’s biggest oil and gas companies. But also given them the chance to form …
British thermal units for U.S. Gas
The coronavirus pandemic and therefore the push to chop carbon emissions. Each has the potential to reshape the industry, but some problems predate those twin …
UK Minister for Energy Kwasi Kwarteng
UK Minister for Energy Kwasi Kwarteng said: “The offshore oil and gas sector’s commitment to halving operational emissions. Over a subsequent decade may be a …
UK offshore oil and gas industry
The UK’s offshore oil and gas industry has committed to halving operational emissions within the next decade. Confirming its pathway to becoming a net-zero emissions …
Oil Down with Second-Wave Virus Risks in Focus
Oil kept falling after its first weekly drop since late April as a fresh coronavirus outbreak. In China and increases in cases elsewhere added to …
Kochi gas plan moves at snail’s pace
This has resulted during a stalemate over the fate of the project which might are instrumental in providing cooking gas to thousands of households. “We …
Gas exchange opens a new chapter
The launch of the new electronic trading platform for gas by Indian Energy Exchange (IEX). Today has opened a replacement chapter. Within the energy history …
Texas Oil and Gas Association
Texas Oil and Gas Association (TXOGA) members. The electing Democrat Joe Biden to the presidency this November would threaten their companies’ economic well-being. A newly …
Oil and Gas The TXOGA Member Survey
According to UH, other findings from the TXOGA member survey include: 70 percent expect the worldwide economy to enhance over the subsequent 12 months, 15 …
Offshore Group Calls for UK Quarantine Exemption
The U.K. Government earlier in the week unveiled a series of restrictions requiring a 14-day quarantine period for travelers entering the country. Five industry associations …
Colorado Outdoor Recreation And Activities
Outdoor recreation and activities are treasured by Coloradans and tourists alike. The provisions needed to take care of our outdoor recreational spaces, trails. Habitats don’t …
Oil and Gas Colorado
Many Coloradans are feeling the economic impacts of the pandemic. To assist provide stability and support during these uncertain times. It is announcing a $37,500 …
Parkland increases financial credit facilities
The effective rate of interest on the updated syndicated credit facilities. It is materially unchanged and everyone other financial covenants remain an equivalent. “We still …
Oil Falls on Signs U.S. Crude Stockpiles Expanded
Oil retreated to close $38 a barrel after a U.S. industry report signaled a surprise jump in crude inventories. Underscoring the market’s patchy road to …
AER statement low risk monitoring and reporting
In response to public health orders issued by the govt of Alberta. Members of Alberta’s energy industry have submitted information. To the Alberta Energy Regulator …
Oil and Gas The Longer Monitoring
The longer monitoring has been in situ, the more easily we will detect changes. In trends following any short-term pause of knowledge collection. Conversely, all …