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Indonesia’s Oil Sector In Jeopardy As Elections Loom

Indonesia’s Oil Sector In Jeopardy As Elections Loom

With elections right around the…

Venezuela’s Key Refineries At Risk Of Seizure

Venezuela’s Key Refineries At Risk Of Seizure

A decade ago, analysts suggested…

News

Fifth Strike At Total’s North Sea Oil, Gas Platforms Set For Aug 20th

Fifth Strike At Total’s North Sea Oil, Gas Platforms Set For Aug 20th

Aug 16, 2018 at 17:29 | Tsvetana Paraskova

Workers at three oil and gas platforms in the North Sea operated by Total will go ahead with the planned 24-hour strike on August 20, after a meeting with…

UK Govt Stops Asking Public About Fracking As Shale Drilling Starts

UK Govt Stops Asking Public About Fracking As Shale Drilling Starts

Aug 16, 2018 at 17:24 | Tsvetana Paraskova

The UK government’s latest quarterly public attitudes tracker has dropped the question about how people feel about fracking, just as Cuadrilla Resources is preparing to start hydraulic fracturing in…

Angola Overhauls Block Sales Process To Boost Oil Production

Angola Overhauls Block Sales Process To Boost Oil Production

Aug 16, 2018 at 13:27 | Tsvetana Paraskova

Angola’s new President Joao Lourenco continues with reforms aimed at reversing the country’s oil production decline, by creating an agency that will sell and manage oil blocks instead of…

Iran Says German Oil Company Looking To Make Deal Despite Sanctions

Iran Says German Oil Company Looking To Make Deal Despite Sanctions

Aug 16, 2018 at 13:10 | Tsvetana Paraskova

German company ADL and Iran’s Sepahan Oil Company (SOC) have signed an agreement to cooperate in technology transfer in oil and gas industry lubricants, Iranian media report. European embassies…

Rupee Depreciation To Raise India’s Oil Bill By $26B

Rupee Depreciation To Raise India’s Oil Bill By $26B

Aug 16, 2018 at 12:57 | Irina Slav

A cheaper rupee could increase India’s crude oil bill by as much as US$26 billion in FY 2018/19, according to Indian government officials. The currency hit a low of…

China Gas To Boost LPG Imports Threefold

China Gas To Boost LPG Imports Threefold

Aug 16, 2018 at 11:02 | Irina Slav

China Gas plans to increase its annual imports of liquefied petroleum gas from 2.8 million tons to 10 million tons during the next five years as it enters the petrochemicals…

Iraqi Oil Ministry Bans Kurdish Language In Documents

Iraqi Oil Ministry Bans Kurdish Language In Documents

Aug 16, 2018 at 09:30 | Irina Slav

The Iraqi Oil Ministry has banned the use of Kurdish words in official documents, threatening Kurdish employees with lawsuits if they violate the ban, Kurdish media report, citing a…

Ghana Set To Increase Oil Production Capacity In TEN Field

Ghana Set To Increase Oil Production Capacity In TEN Field

Aug 15, 2018 at 17:32 | Julianne Geiger

Tullow’s TEN oilfield will reach full capacity in 2020, according to Tullow’s external affairs director Cynthia Lumor, cited by Reuters. Tullow’s current capacity in TEN (Tweneboa, Enyenra, and Ntomme)…

U.S. Swings and Misses With Latest Offshore Lease Auction

U.S. Swings and Misses With Latest Offshore Lease Auction

Aug 15, 2018 at 16:46 | Julianne Geiger

The latest US auction for offshore leases failed to attract as much interest as many had hoped, with the results mildly superior to the previous auction for offshore leases conducted…

China Shuns U.S. Crude Despite Taking Oil Off Tariff List

China Shuns U.S. Crude Despite Taking Oil Off Tariff List

Aug 15, 2018 at 16:40 | Tsvetana Paraskova

Chinese refiners may have been relieved by Beijing’s decision to remove U.S. crude oil from the list of goods in the latest tariff tit-for-tat with the United States, but…

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