crude oil
- Oil & Gas
ExxonMobil adds 4.5B BOE to reserves
ExxonMobil added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year’s…
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Offshore service market growth to outpace shale
Rystad Energy forecasts offshore spending will outgrow spending on onshore shale activities this year. Service companies exposed to the...
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French oil and gas company Maurel & Prom to invest in Venezuelan field
French oil and gas E&P company Maurel & Prom will invest USD 400 million in an oil field in Venezuela,…
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Recent developments in the crude oil and gold markets
Taking a look at the evolution and the patterns for crude oil, we can see that since mid-2008, when the…
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Iran’s PEDEC seals deal for construction of 10mn barrels crude oil storage tanks
Iran’s Petroleum Engineering and Development Company (PEDEC) struck a Build–operate–transfer (BOT) contract with a domestic firm for construction of 10-million-barrel…
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Productivity-stimulation treatment for wells affected by stable emulsions
This paper presents a treatment solution for well stimulation where production is decreased due to the formation of stable emulsions.
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Crude oil and copper evolutions
The oil price is still trying to overpass the USD 70,05 price level. Over last week, copper lost in its…
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Oil and gas tanker traffic to endanger Turkish Straits
The growing volume of oil and gas tanker traffic is creating significant environmental, public safety and economic risks for the…
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Highest US monthly crude oil production in almost half a century
US crude oil production reached 10.038 million barrels per day (b/d) in November 2017, according to EIA’s latest Petroleum Supply…
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Oil prices on upward trend
Oil prices started 2018 on a strong note. The price of Brent oil with delivery in March had exceeded the…
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