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Energy / Crude Oil

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Libya’s Largest Oil Field Shuttered By Protests After Oil Worker Dies

Jun 07, 2017 at 14:58 | Zainab Calcuttawala

A new workers’ protest in Libya has shut down the country’s largest oilfield, creating yet another hurdle for a war-torn country as it struggles to rebuild its oil output. The…

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The World’s Third Largest Oil Consumer Aims To Drastically Reduce Imports

Jun 07, 2017 at 13:03 | Drilling Info

India, the world’s third largest oil consumer, imports about 82 percent of its crude oil requirements, and meets just 18 percent of its demand through local sources. The Indian Government…

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The World’s Top Oil Consumers

Jun 06, 2017 at 13:51 | Irina Slav

No doubt when faced with the question “Who’s the biggest oil guzzler in the world?” one would immediately think about the U.S. or China. Or perhaps India. Few of us,…

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Nigeria’s Oil Theft Epidemic

Jun 06, 2017 at 13:04 | Shadow Governance Intel

Although crude oil theft has long been the subject of intense media attention in Nigeria, the downstream theft of hydrocarbons has remained under the radar. Despite this, downstream hydrocarbon theft…

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Can Canadian Crude Compete In Asia?

Jun 05, 2017 at 15:36 | Rakesh Upadhyay

Will the Canadian oil producers rake in higher prices for their crude oil if they sell to Asia? Is the U.S. unfairly discounting Canada’s heavy crude oil stream – the…

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Worst Hurricane Season In A Decade Threatens Gulf Coast Production

Jun 02, 2017 at 17:04 | Nick Cunningham

2017 could be an “above-normal” year for large hurricanes, according to the National Oceanic and Atmospheric Administration (NOAA), a potential problem for Gulf Coast oil drillers and refiners. NOAA

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Are Super Rigs The Driver Behind The New Shale Boom?

Jun 02, 2017 at 16:47 | Tsvetana Paraskova

Cost cuts and efficiency—the two key ingredients of the U.S. shale’s recipe for surviving the worst of the downturn—have led to drillers now employing a growing number of rigs capable…

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Interest In Mexico’s Offshore Blocks Is Surging

Jun 02, 2017 at 15:50 | Oil & Gas 360

25 companies pre-qualified for upcoming lease sale The Comisión Nacional de Hidrocarburos (CNH), which will conduct the lease sale, has listed a total of 25 groups that have successfully pre-qualified…

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You Didn’t Hear About It, But Every Oil Pro Is Watching This Gov’t Decision

Jun 02, 2017 at 09:32 | Dave Forest

It barely got any coverage in the press this week. But one of the biggest happenings in oil just came down, in a place everyone in the petro-world is looking…

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Will Trump Push Back Against Putin’s Pipeline Play?

Jun 01, 2017 at 14:46 | Nick Cunningham

Russia’s natural gas strategy in Europe is getting increased scrutiny from some U.S. lawmakers who worry about European energy dependence on their eastern neighbor. However, a major pipeline is inching…

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