crude oil
- Oil & Gas
Garantiana West Prospect, New Oil Discovery in the North Sea
Equinor, Vår Energi and Aker BP announced a new oil discovery in production licence 554 in the North Sea by…
Read More » - Oil & Gas
Shell Divests Washington Puget Sound Refinery to HollyFrontier
Shell has reached an agreement for the sale of its Puget Sound Refinery near Anacortes, Washington to HollyFrontier Corporation
Read More » - Oil & Gas
Biggest Oil Discovery Near Fram Field in the North Sea
Equinor, Vår Energi, Idemitsu Petroleum and Neptune Energy have made the biggest discovery so far this year on the NCS,…
Read More » - Oil & Gas
World Remaining Reliant on Gas and Petroleum Products by 2050
By 2050, world remains heavily reliant on gas and petroleum products concludes the BloombergNEF (BNEF) study.
Read More » - Oil & Gas
Investments About EUR 21mn at Petrobrazi to Increase Bio-blending Capacity
OMV Petrom, the largest energy company in Southeastern Europe, has invested approximately EUR 21mn at Petrobrazi refinery in order to…
Read More » - Oil & Gas
CONPET Inaugurated the Newest and Largest Crude Oil Storage Tank at Calareti Station
CONPET on November 17 inaugurated the commissioning of the newest and largest crude oil storage tank, in Calareti, an imported…
Read More » - Analysis
Analysis: Chronicles of an Oil War
The result of a previous oil war during which the Saudis refused to cut production hoping to damage U.S. shale…
Read More » - Analysis
Negative Oil Prices | “There Will Be Blood”
Our first thoughts after seeing the unfolding oil prices crisis was the title of the 2007 Hollywood movie: “There will…
Read More » - 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…
Read More » - Oil & Gas
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...
Read More » - Oil & Gas
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,…
Read More » - Opinion
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…
Read More » - Oil & Gas
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…
Read More » - Oil & Gas
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.
Read More » - Opinion
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…
Read More » - Oil & Gas
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…
Read More » - Oil & Gas
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…
Read More » - Oil & Gas
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…
Read More » - Oil & Gas
Romanian-Kazakh trade relations
A meeting has taken place recently at the headquarters of the Chamber of Commerce and Industry of Bucharest (CCIB), between…
Read More » - Oil & Gas
BSOG to receive additional investment from EBRD
Black Sea Oil & Gas SRL (BSOG), currently backed by The Carlyle Group, recently announced that the European Bank for…
Read More »