Oil Production And Refining

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  1. Oil and Gas: BLM accepting comment on possible energy leasing near Zion

      ST. GEORGE, Utah (AP) — A federal agency is accepting public comment on possible leasing of public lands for oil and gas drilling that could take place as close as two miles from Zion National Park in southern Utah. The Spectrum newspaper (https://goo.gl/EuYjdJ ) reports that the Bureau of Land Management is accepting comment until Feb. 10 on an environmental assessment of three parcels nominated as potential leasing sites in Washington County. If approved, the parcels could be included in a scheduled June 12 lease sale . BLM spokesman Ryan Sutherland says the agency wants to determine whether leases are possible and whether there can be protections for resources. The assessment says oil production could provide jobs and other benefits but also says tourism could be negatively impacted.

    Online Articles

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    Tue, 17 Jan 2017

  2. NPD foresees steady stream of Norwegian field developments

    Investments across the Norwegian shelf last year totaled NOK135 billion ($15.85 billion), according to the Norwegian Petroleum Directorate.

    Online Articles

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    Mon, 16 Jan 2017

  3. MARKET WATCH: NYMEX crude oil price settles below $53/bbl

    Crude oil benchmarks traded moderately lower on Jan. 13, ending a 2-day rally driven by some major producers cutting production, especially Saudi Arabia. Light, sweet crude prices settled above $52/bbl on the New York market while Brent crude settled above $53 on the London market.

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    Mon, 16 Jan 2017

  4. CNOOC starts oil production at Penglai 19-9 in Bohai Bay

    China National Offshore Oil Corp. Ltd. reported startup of oil production from Penglai 19-9 field in the northern Bohai Bay. Two wells are producing 750 b/d.

    Online Articles

    Online Articles

    Thu, 12 Jan 2017

  1. Oil production restarts from Maari field offshore New Zealnad

    Online Articles

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    Fri, 13 Jan 2017

  2. Oil and Gas: OPEC chief 'confident' countries to meet oil production cuts

    The head of OPEC said on Thursday that he remains "confident" that the cartel and outside members will stick to an agreement to cut production to help boost oil prices.

    Online Articles

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    Fri, 13 Jan 2017

  3. Takreer reports fire at Ruwais refinery

    Abu Dhabi Oil Refinery Co. (Takreer), the refining arm of state-owned Abu Dhabi National Oil Co., has confirmed a fire broke out on Jan. 11 at its recently expanded Ruwais refining complex in the UAE, about 240 km west of Abu Dhabi City.

    Online Articles

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    Wed, 11 Jan 2017

  4. Oil and Gas: Tribes threaten to pull out of oil tax agreement with state

    A Native American tribe whose land accounts for about a fifth of North Dakota's oil production has renewed threats to pull out of a revenue-sharing agreement with the state, saying a reduction in taxes on the industry violates the accord.

    Online Articles

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    Thu, 12 Jan 2017

  5. Oil and Gas: No spill reported from derailed tanker cars with natural gas

    Authorities say four train cars carrying liquefied petroleum gas have derailed in a Los Angeles suburb but there's no spill and nobody has been hurt.

    Online Articles

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    Sat, 14 Jan 2017

  6. Tullow assessing Jubilee FPSO mooring options

    Tullow Oil says work to rectify problems with the turret systems on the Jubilee FPSO is on course, with the vessel set to be spread-moored on its current heading by the end of January.

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    Online Articles

    Wed, 11 Jan 2017

  7. BHI: US rig count posts first decline in 2 months

    The US drilling rig count dropped by 6 to 659 active units during the week ended Jan. 13, marking its first decrease since Nov. 11, 2016, and largest since the drilling rebound began at the beginning of June, according to Baker Hughes Inc. data.

    Online Articles

    Online Articles

    Fri, 13 Jan 2017

  8. Santos basin projects lift Petrobras’ production

    Petrobras’ oil production in Brazil last year set a record, averaging 2.14 MMb/d.

    Online Articles

    Online Articles

    Fri, 13 Jan 2017

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