Energy Jobs Direct

Oil price rally stalls as OPEC+ plans to restore crude production

Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts even as the coronavirus surges unabated in many parts of the world. Source: World Oil Share

Mexico instructs Talos and Pemex to unite the Zama field across two blocks

Talos Energy announced that on July 7, 2020, the company received a notice from Mexico’s Ministry of Energy instructing the partners of Block 7 and Pemex to unitize the Zama field. The Zama field extends from Block 7 into the neighboring block to the east, which is operated by Pemex Source: World Oil Share

Libya halts oil exports again, blaming UAE for tanker blockade

Libya’s National Oil Corp. declared force majeure on exports again, accusing the United Arab Emirates of being behind a blockade as chaos continued to engulf the country’s oil industry. Source: World Oil Share

Saudi energy minister phones Iraqi counterpart, commends OPEC+ compliance

Saudi Arabia commended Iraq for implementing almost all of its oil production cuts last month, another sign that the disputes over cheating that dominated recent meetings are being resolved. Source: World Oil Share

Exxon resumes drilling offshore Guyana amid travel bans and political drama

The company confirmed that the Stena Carron and Noble Tom Madden vessels returned to full operations last month. The rigs had been shut when the country of less than a million closed its borders after the pandemic hit South America. Source: World Oil Share

Saudi Aramco cuts August heavier crude supply for Asian refiners

… Saudi Arabia’s state-owned oil company Saudi Aramco will reduce … switch these supplies to lighter crude grades, two of the … have been focused on these crude grades. “They have cut … received full nominated volumes. OPEC’s Joint Ministerial Monitoring Committee … Source: EIN News Share

Energy Companies Begin Turning to Renewables to Power Oil and Gas Operations, New IHS Markit Research Shows

… in renewable projects powering oil and gas field operations WASHINGTON, … analytics and solutions. Oil and gas companies are starting to … interest for renewables in oil and gas operations, Jacobs said. … , the types of oil and gas companies utilizing field-based … Source: EIN News Share

Jordan: Oil Bill Falls 30.8 Percent in First-Third of 2020

The Kingdom's oil bill in the first-third … Sunday. The value of the oil bill in the first four … the Jordan News Agency, Petra. Crude oil topped the list of Jordan … 's oil imports, amounting to JD254 million … Source: EIN News Share

Crude Oil Prices Drift Lower as OPEC+ Bloc Prepares to Open Taps

… Geoffrey Smith  Investing.com — Crude oil prices drifted lower on Monday despite … that the 'OPEC+' group of oil exporters is set … intended that the amount of OPEC+ supply cuts should taper … into the seaborne market.  OPEC and its allies are treading … Source: EIN News Share

Oil and gas sector’s growth potential to be fueled by renewable energy

… by IHS shows that oil and gas companies are starting … delivering renewable energy to oil and gas operations,” says IHS Markit … announced projects in its oil and gas field-based renewable energy … interest for renewables in oil and gas operations, Jacobs says, … Source: EIN News Share

Environmental groups, Boulder County win court ruling against EPA over air emissions and oil and gas in northern Weld County

Source: EIN News Share

Kuwait shrinks oil budget by 25%

State-owned Kuwait Oil Company today announced a 25 … a global drop in oil prices. READ: Kuwait oil company denies hiring Jordanians Source: EIN News Share

Libya’s NOC blames UAE for halt to oil output, exports

… exports, Anadolu reports. NOC said oil production has been halted, referring … imposed force majeure on all oil exports to limit its … . The instruction to halt oil production came from the UAE … 1.2 million barrels of crude oil per day. But production has … Source: EIN News Share

Global Insurance for Recovery Work in Covid-19 Market 2020 Industry Analysis, Opportunities & Forecast To 2026

New Study Reports "Insurance for Recovery Work in Covid-19 – Covid-19 Impact On Global Market Growth, Opportunities, Top Key Players & Forecast -2026” PUNE, MAHARASTRA, INDIA, July 10, 2020 /⁨EINPresswire.com⁩/ — Insurance for Recovery … Source: EIN News Share

The question hanging over Guyana’s next phase of Oil development

… 8 billion barrels of recoverable oil (and counting). Although the … the government (based on Brent Crude at U$40/ … Guyana while diversifying the economy. Oil majors, in collaboration with … latest swing of volatility in oil prices have put countries highly … Source: EIN News Share

Former oil consultants convicted in Britain of Iraq bribery

… officials to clinch lucrative oil projects as the war … manager for Dutch-based oil and gas services company SBM Offshore … Iraqi Ministry of Oil representatives, to secure oil contracts for Unaoil … $800 million to supply oil pipelines and offshore mooring buoys … Source: EIN News Share

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Has U.S. Oil Output Already Peaked?

… the spring of 2020, domestic crude oil production was nearing 13 million … global oil demand. The resulting oil price crash left the price of crude below … . Gallagher believes that U.S. oil production will now stabilize near … Source: EIN News Share

Nigeria, Saudi Arabia restate commitment to OPEC+

… for oil and progress toward full implementation of the OPEC+ … Ministerial Monitoring Committee of OPEC+, emphasised the importance for … of Nigeria to the OPEC+ agreement and clarified that … stressed that efforts by OPEC+ countries toward meeting production … Source: EIN News Share

Oil extends drop on OPEC+ taper jitters and US-China tension

Oil dropped for a second day on expectations that OPEC+ will start … 1.1% on Monday. OPEC+’s Joint Ministerial Monitoring Committee … weeks. The contango in Brent crude’s three-month timespread has … implementing almost all of its oil production cuts last month, … Source: EIN News Share

MCX Crude Palm Oil under short covering; Support seen at 677.4

… the Malaysian Palm Oil Board. Crude palm oil production last month … June palm oil exports, including crude and processed palm oil, surged … restock on the edible oil after weathering lockdowns … coronavirus. Trading Ideas: –Crude Palm Oil trading range for the … Source: EIN News Share

Nigeria earned $206bn from oil in five years – OPEC

… 206.06bn in revenue from crude oil exports in the last five … Petroleum Exporting Countries has said. OPEC, in its 2020 Annual … . Exports of Nigeria’s crude oil to Europe plunged to 680 … The price of Brent crude, the international oil benchmark, averaged $64 … Source: EIN News Share

AgraFlora Organics Prepares over 1,000KG of CBD Oil for Sale

… kg of CBD Crude Oil and Distillate (collectively “CBD Oil”), which it is … this quarter.  The CBD oil was produced from approximately 10 … to further refine the CBD Oil into CBD Isolate, with … Isolate, CBD Distillate and CBD Crude Oil and expects to close its … Source: EIN News Share

OPEC+ close to deal on next phase of oil cuts

… implement phase two of the OPEC+ agreement. OPEC+ efforts to reduce supply … and crude prices, is credited with rebalancing the global market. OPEC Secretary … .” Oil prices have more than doubled since the lows of April. Brent crude … Source: EIN News Share

Hospice Care is Changing Amidst the Pandemic According to Kenneth Haglind

Kenneth Haglind Discusses How Hospice Care is Evolving with COVID-19 Cases LAKEVILLE, MINNESOTA, UNITED STATES, July 10, 2020 /⁨EINPresswire.com⁩/ — The COVID-19 pandemic has led to tens of thousands of people being infected around the country. … Source: EIN News Share

Oil demand may hit 100 million b/d in 2021 if economic recovery sustains

… relatively small piece of the crude cake, at about 8 per … looking at the demise of crude should look at the case … potential impact of coronavirus on oil demand is varied and contradictory … will stall due to low oil prices. "Some say the demand … Source: EIN News Share

US virus surge provides oil producers dilemma

… tomorrow. Members of production cartel Opec and Russia are widely expected … petroleum economist Alex Kemp warned oil prices may fall from their current … per barrel for benchmark Brent crude, as of 6pm yesterday – if … Source: EIN News Share

Oil prices unchanged

Oil prices were little changed Monday as … waits for direction from an OPEC meeting later this week that … U.S. West Texas Intermediate crude rose five cents, or 0 … Source: EIN News Share

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Nigerian Energy Minister Commits to OPEC+ Oil Cuts Despite Not Meeting Targets

… the oil cut targets set out in the recent OPEC+ deal … of the OPEC+ meetings on future oil production cuts. The OPEC+ Joint … minister committed to meeting the OPEC+ target and reducing output … in May. The OPEC+ nations agreed to cut crude oil production by 9 … Source: EIN News Share

MCX Crude Oil under short covering; Support seen at 3006

… at 509.8 MCX Natural Gas under fresh selling; Support … 000 barrels per day. Oil prices have recovered sharply from multi … the blockade. Trading Ideas: –Crude Oil trading range for the day … -3112. –Crude Oil recovered as traders eyed an OPEC technical meeting … Source: EIN News Share

The oil cartel confronts the pandemic dilemma

… normal, the meeting of OPEC+’s monitoring committee that starts … face a fresh fall in oil prices that would produce another … . The stabilisation of the Brent crude price – the global benchmark – … unusual over-performance of the OPEC+ members, most notably Saudi … Source: EIN News Share

OIL expects to complete capping operation of gas bearing well in Baghjan, Tinsukia

… MT of Crude Oil and 8.5 MMSCM of Natural Gas in last … MT of Crude Oil and 1.57 MMSCM of Natural Gas as reported … were disrupted in 11 Oil wells & 05 gas wells. Cumulative production … and blockades 11764 MT Crude oil, 20.47 MMSCM of natural gas”, OIL added. Source: EIN News Share

Letters: National will open up oil and gas exploration

… Zealand to oil and gas exploration. What! He claims oil and gas are cheaper … obvious that the use of oil was causing the pollution! For … will no longer depend on oil. Already, in some cities overseas … last to the age of Oil and Carbon! SARA DICKON Whanganui … Source: EIN News Share

Oil Hovers Above $40, Awaiting OPEC; Cushing Stocks Jump

… Barani Krishnan Investing.com – Oil prices dipped a notch, staying … suggest. Saudi Arabia, the OPEC kingpin that had for months … the benchmark for U.S. crude. Genscape, the leading indicator on … Under Riyadh’s proposal, OPEC+ would relax its current curbs … Source: EIN News Share

Global Asset Management Market Opportunities And Strategies, 2030

Asset Management Market By Type Of Asset Class, By Type Service Element, By Type Client, And By Region, Opportunities And Strategies – Global Forecast To 2030 LONDON, GREATER LONDON, UK, July 13, 2020 /⁨EINPresswire.com⁩/ — The global asset … Source: EIN News Share

Oil futures finish lower as traders await this week’s OPEC+ committee meeting

Oil futures fell on Monday, with … awaiting the outcome of an OPEC+ Joint Ministerial Monitoring Committee meeting … Oanda. August West Texas Intermediate oil CLQ20, -1.52% fell 45 … Source: EIN News Share

Bentonite Market is showing huge growth via oil & gas and home applications

… Demand for bentonite across oil & gas and home applications Digital … to prevent the leakage of gas and fluid, bentonite clay … ever-lasting demand of oil and petrochemicals and to … deal with the depleting onshore oil reserves, extensive offshore drilling … Source: EIN News Share

Oil prices end lower with OPEC+ seen preparing to ease production curbs

… he said. West Texas Intermediate crude for August delivery CL00, – … collectively known as OPEC+, to ease oil output curbs as planned … Tuesday and Wednesday, respectively. OPEC and its allies, including … 2235 a gallon. August natural gas NGQ20, -3.60% settled … Source: EIN News Share

COVID-19 Impact & Recovery Analysis- Digital Transformation Market in the Oil and Gas Industry 2019-2023 | Need for Technologies in Exploration Activities to Boost Growth | Technavio

… Transformation Market size in the Oil and Gas Industry Digital Transformation Market … trends in the Oil and Gas Industry Digital Transformation Market … KEYWORD: DATA MANAGEMENT TECHNOLOGY OIL/GAS ENERGY SOFTWARE NETWORKS SOURCE: … Source: EIN News Share

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Oil Futures Give Up Gains Ahead of OPEC Meeting

… . The West Texas Intermediate crude oil futures went down by 1 … the OPEC+ coalition has tried to keep the oil supply … the IEA report. The OPEC's Joint Ministerial Monitoring … the Covid-19. Advertisement Oil prices are making great trade opportunities … Source: EIN News Share

Haynes and Boone: Houston oil and gas bankruptcies accelerate

Source: EIN News Share

Oil prices drop on demand recovery fears, OPEC+ easing expectations

Source: EIN News Share

Oil prices fall on demand recovery fears, OPEC+ easing expectations

Source: EIN News Share

Libya’s National Oil Co: The Deal Reached With Hafter’s Forces to Resume Crude Exports Blocked by UAE

… its latest efforts to resume crude exports for the first … resuming “force majeure on all oil exports.” “This is gravely … of international efforts to restart oil production in Libya,” it … government in Tripoli, the oil company announced on Friday it … Source: EIN News Share

Global Pharmacy Management System Market Research Report: By Solution Type, Component, Application, Forecast to 2025

Wiseguyreports.Com Adds “Pharmacy Management System Market: Demand, Growth, Opportunities, Analysis of Top Key Player Forecast To 2026” To Its Research Database PUNE , MAHARASHTRA, INDIA, July 14, 2020 /⁨EINPresswire.com⁩/ — Global Pharmacy … Source: EIN News Share

Oil Extends Slide on Signs OPEC+ Will Begin to Taper Output Cuts

(Bloomberg) — Oil fell further in Asia before an OPEC+ meeting on Wednesday … Beijing on yet another front. Oil’s rally over the last … . The panel that reviews the OPEC+ deal will consider whether the … Source: EIN News Share

Post Crisis: New Trends will Lead Future for Oil & Gas Global Investments

… in the fossil fuel sector (oil, gas and coal) in 2018 were … the long-term value of crude in the wake of its … almost exclusively derived from fossils, gas and oil. The ode to degrowth … electrical energy for the populations, oil and gas, taking over from coal … Source: EIN News Share

Oil sharply lower in Asia ahead of OPEC+ meeting

By Bryan Wong Investing.com- Oil prices fell sharply in Asia on … concerns were expectations that the OPEC+ group of producers to start … 2.27% to $39.19. OPEC+ will meet on Wednesday to … issue its own estimate of crude oil supplies in the U.S … Source: EIN News Share

Despite failures in oil and gas industry, top execs still getting huge bonuses 

Oil and gas companies in the United States … just beginning. Almost 250 oil and gas companies could file for bankruptcy … company. Rystad analysts now expect oil demand will begin falling permanently … U.S. into the biggest oil producer in the world. The … Source: EIN News Share

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Oil prices fall on demand recovery fears, OPEC+ easing expectations

… 47;SINGAPORE (Reuters) – Oil prices fell on Tuesday on worries … the Petroleum Exporting Countries (OPEC) and its allies, collectively … known as OPEC+, whose Joint Ministerial Monitoring … 900,000 barrels and crude oil inventories by 2.3 … Source: EIN News Share

Caliche Kolache

Source: OILMAN Share

As the U.S. drilling decline continues, Canada’s offshore industry puts Ottawa on the spot

World Oil editors discuss how the latest rig count numbers disappoint, a Canadian oil industry association gets tough, OPEC+ puts their foot down on cheaters, and a Marcellus shale recovery falls into question thanks to the Atlantic Coast pipeline. Source: World Oil Share

OPEC+ preps for next challenge – how and when to restore oil output

Having successfully doubled crude prices over the past few months through unprecedented output cuts, the OPEC+ alliance led by the Saudis and Russia is poised to begin unwinding its stimulus measures. Source: World Oil Share

OPEC, Allies Set to Ease Oil Output Cuts

Source: EIN News Share

Itsekiris, Ijaws threaten to stop AKK project, shut oil production

… Movement for Itsekiri Oil/Gas Producing Communities on … Ajaokuta-Kaduna-Kano natural gas pipeline project. Odeli, however … shutdown operations of Multinational Oil Companies operating in our … projects in Itsekiri Oil/Gas Producing Communities and … Source: EIN News Share

Crude oil faces crucial resistance at ₹3,100

… about 3 per cent. Though crude oil and gold contribute the most … ,043) The July futures of crude oil on MCX was sluggish last … Source: EIN News Share

‘Pro-Haftar forces will maintain blockade of Libya’s oil production’

… Africa's largest proven crude oil reserves, is torn between the … Oil Corporation (NOC) had announced on Friday the resumption of crude … to start loading crude from the Al Sidra oil port in … event of non-compliance with oil delivery contracts. The company … Source: EIN News Share

WTI Crude Oil Forecast: Likely to Find Buyers

… ) The West Texas Intermediate Crude Oil market has initially pulled back … bit of a boost. Advertisement Oil prices are making great trade opportunities … up, then it could help crude oil as well. That being … is a massive oversupply of crude out there, so it … Source: EIN News Share

Labuan Corp to seek help from Petronas Carigali, oil-and-gas experts to help solve water woes

… assistance from Petronas Carigali and oil-and-gas experts to resolve the … assistance from Petronas Carigali and oil-and-gas experts to resolve the … from Petronas Carigali and the oil-and-gas sector, especially those involved … Source: EIN News Share

Global Gas Analyzers Market 2020 Overview, Key Players, Segmentation Analysis, Development Status and Forecast by 2025

… developments shaping the global Gas Analyzers market. The … analysis of Gas Analyzers market. Geographically, global Gas Analyzers … each application, including: Oil & Gas and Chemicals, Buildings … elements such as global Gas Analyzers industry production … Source: EIN News Share

Global Gas Masks Market 2020 Potential Growth, Competitive Landscape and Development of Industry by 2025

… trends, opportunities in the global Gas Masks industry. The information … market overview comprises the global Gas Masks market’s classifications, application … each application, including Chemical Industry, Oil and Gas, Mining Industry, Healthcare, Fire … Source: EIN News Share

Global Craft Beer Market 2020 Industry Sales, Supply, Demand, Consumption, Analysis And Forecasts To 2026

New Study Reports "Craft Beer – Covid-19 Impact On Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2026” PUNE, MAHARASTRA, INDIA, July 9, 2020 /⁨EINPresswire.com⁩/ — Craft Beer Market 2020 Report Overview: … Source: EIN News Share

Global Enhanced Oil Recovery Market 2020 Industry Analysis, Type and Application, Key Players, Regions, Forecast by 2025

… , covered: BP, PJSC Lukoil Oil Company, Halliburton, Chevron, China … : Thermal Recovery Enhanced Oil Recovery, Gas Injection Enhanced Oil Recovery, Chemical Injection … Enhanced Oil Recovery In market … Source: EIN News Share

Global Gas Detection Equipment Market 2020 Industry Analysis by Manufacturers, End-User, Type, Application, Regions and Forecast to 2025

… research revolves around the global Gas Detection Equipment market competition, leading … Rivalry scenario for the global Gas Detection Equipment market, including business … applications which are as follows: Oil & Gas, Chemicals & Specialty Chemicals … Source: EIN News Share

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Global Gas and Oil Drill Bits Market 2020 Report Presents Complete Summary, Marketplace Shares and Growth Opportunities by 2025

… business outlook of the global Gas and Oil Drill Bits market by … The Global Gas and Oil Drill Bits Market: The global Gas and Oil Drill … as estimates of the global Gas and Oil Drill Bits market regards … players in the global Gas and Oil Drill Bits market? What … Source: EIN News Share

Hydrogen may soon become the new gas for power plant

… reconsider plans for a natural gas pipeline to Italy.  Government … Natural gas is far less polluting than heavy fuel oil but … Turbines originally designed for natural gas and gasoil can be upgraded … . One major supplier of gas turbine technology, the source … Source: EIN News Share

MCX Mentha Oil likely to move in a range of 962.2-986.8

MCX Crude Palm Oil under short covering; Support seen … 976-1048.8 Technically Mentha Oil market is under fresh buying … in mentha. Trading Ideas: –Mentha Oil trading range for the day … Rupees per 360 kgs. –Mentha Oil gained on late short covering … Source: EIN News Share

How gold, silver, crude oil performed during week ending July 7, 2020

This weekly tracker keeps you updated on the benchmark stock index, bond yields, forex movements and foreign exchange reserves. It also tracks the changes in the past one year to give investors an idea how their investments performed over a longer period. … Source: EIN News Share

Ticker: Vintage Super Mario game sells for $114,000; Gas prices edge up; Children’s Museum announces reopening

… , that sold for $50,400. Gas prices edge up The average … that the increase comes as crude oil prices rise. The highest average price … the nation for regular-grade gas is $3.20 per gallon … Source: EIN News Share

Libya’s NOC accuses UAE of being behind oil blockade

… Africa's largest proven crude oil reserves, is torn between the … resuming force majeure on all oil exports. There was no immediate … restart production at the Sharara oil field, but said this … were met, including channelling oil revenue into a new bank … Source: EIN News Share

Oil Search to write off some PNG exploration assets, power project

… New Guinea (PNG)-focused oil and gas company will record a non … less than optimum project economics, Oil Search said, and as a … not be currently pursued. Given gas supply uncertainty due to the … also be recorded, it said. Oil Search will release interim results … Source: EIN News Share

Global Insurance for Recovery Work in Covid-19 Market 2020 Industry Analysis, Opportunities & Forecast To 2026

New Study Reports "Insurance for Recovery Work in Covid-19 – Covid-19 Impact On Global Market Growth, Opportunities, Top Key Players & Forecast -2026” PUNE, MAHARASTRA, INDIA, July 10, 2020 /⁨EINPresswire.com⁩/ — Insurance for Recovery … Source: EIN News Share

Haftar’s forces warn Libyan oil blockade will continue

… the production and export of oil since January, claiming they … Oil Corporation (NOC) had announced on 10 July the resumption of crude … to start loading crude from the Al-Sidra oil port in the … non-compliance with oil delivery contracts] on all oil exports from … Source: EIN News Share

Malami breaks silence on approving auctioning of seized oil vessels

… to sell five vessels containing crude oil and diesel forfeited to the … Ltd to dispose of the crude oil and diesel through an open … 12,000 metric tonnes of crude oil, which was valued at N384m … Source: EIN News Share

Niger Delta Youths Dare FG, Threaten to Stop Gas Pipeline to the North

… the Development of Itsekiri Oil and Gas Producing Communities (MDOGP), … Sons and Daughters from oil and gas producing communities given “ … indigenes of Itsekiri oil/gas communities and Gbaramatu … projects in Itsekiri Oil/Gas producing communities and … Source: EIN News Share

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Oil Search suffers $575m hit from COVID-19

… the outlook for global oil and gas prices. The impairment charge … on August 25. RELATED: Oil Search slashes jobs RELATED: Bank … Porgera Project due to ongoing gas supply uncertainties, has resulted … outflow. Originally published as Oil Search suffers $575m hit … Source: EIN News Share

Palm oil: Malaysia offers Nigeria 100% duty exemption

… per cent exemption on crude palm Oil (CPO) from Malaysian … cultivation and erecting barriers on crude palm oil imports.     However, … will import more Malaysian crude palm oil in the next … demand and very competitive palm oil prices, Nigeria would import more … Source: EIN News Share

MCX Crude Oil under fresh buying; Support seen at 2942

… see prices testing 3168. Crude Oil yesterday settled up by … quarter decline. U.S. crude oil stockpiles grew last week and … of exports. U.S. crude oil imports from Mexico surged to … Information Administration. Trading Ideas: –Crude Oil trading range for the day … Source: EIN News Share

Houthis Greenlight UN Examination of Leaking Oil Tanker

… technicians to examine a leaky oil tanker moored near the often … over a million barrels of crude oil remaining in the vessel’s … a deal for selling the crude that would divide the proceeds … most of the country’s oil and gas fields, although major pipelines … Source: EIN News Share

MCX Natural Gas under short covering; Support seen at 132.9

… seen at 499.1 MCX Crude Oil under fresh buying; Support seen … at 2942 Technically Natural Gas market is under short … likely have little impact on gas demand. Refinitiv said production in … December. Trading Ideas: –Natural Gas trading range for the day … Source: EIN News Share

Oil Falls Before OPEC Meeting to Discuss Future of Output Cuts

… gaining 2.4% on Friday. OPEC+ will review the state … curbs. Russia’s top oil companies are preparing to increase … Meanwhile, Iran is expanding its oil-production capacity in anticipation that … of the global crude market, according to Oil Minister Bijan Namdar … Source: EIN News Share

Hospice Care is Changing Amidst the Pandemic According to Kenneth Haglind

Kenneth Haglind Discusses How Hospice Care is Evolving with COVID-19 Cases LAKEVILLE, MINNESOTA, UNITED STATES, July 10, 2020 /⁨EINPresswire.com⁩/ — The COVID-19 pandemic has led to tens of thousands of people being infected around the country. … Source: EIN News Share

Oil Search warns of impairments

… (miningweekly.com) – ASX-listed Oil Search has warned of a … conditions, the outlook for oil and gas prices and the current status … being recognised relates largely to Oil Search’s Papua New Guinea … down, Oil Search said. The carrying value of the Hides gas-to … Source: EIN News Share

Business Maverick: Oil Drops on Signs OPEC+ Preparing to Taper Production Cutbacks

… OPEC+ cutbacks have been instrumental in driving the recovery in oil prices … Friday. The global benchmark crude’s three-month timespread … customers less August-loading crude than they had sought, … of the global crude market, according to Oil Minister Bijan … Source: EIN News Share

Tankers: Oil Production Trends Pointing Towards Middle East’s Important Role for Shipping

… November 2019 as weak crude demand and limited storage … in response to collapsing oil prices, with Baker Hughes reporting … of the non-OPEC+ response to lower oil prices, crude production in … spending cuts by oil companies. Elsewhere, UK crude production has … Source: EIN News Share

OPEC Readies Next Move in Bid to Avoid Oil-Market Taper Tantrum

… 2013. Having successfully doubled crude prices over the past few … unprecedented output cuts, the OPEC+ alliance led by the … influential non-OPEC member of the alliance, major oil companies are … is not without risks. While oil prices have recovered to $43 … Source: EIN News Share

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NCDEX Ref. Soya Oil under fresh buying; Resistance seen at 833

MCX Crude Palm Oil under short covering; Support seen … -1048.8 Technically Ref. Soya Oil market is under fresh buying … in the lockdown. Crude palm oil and crude palm kernel oil imports increased 30% … is 810-838. –Ref. Soya Oil prices gained after India's … Source: EIN News Share

Oil slips as traders eye supply cut easing at OPEC meeting

Source: EIN News Share

VEGOILS-Palm oil falls on weaker crude, rival soyoil

Source: EIN News Share

Oil slips as traders expect OPEC+ to ease supply cuts

Source: EIN News Share

3D Oil executive chairman Noel Newell to present oil & gas strategy at Proactive webinar tomorrow

The oil & gas focused webinar on Tuesday, July … Noel Newell will present its oil & gas strategy, targeting a combination … most prolific oil and gas producing regions in Australia. 3D oil has interests … . Bedout Sub-basin 3D Oil received approval for a 21 … Source: EIN News Share

Global Asset Management Market Opportunities And Strategies, 2030

Asset Management Market By Type Of Asset Class, By Type Service Element, By Type Client, And By Region, Opportunities And Strategies – Global Forecast To 2030 LONDON, GREATER LONDON, UK, July 13, 2020 /⁨EINPresswire.com⁩/ — The global asset … Source: EIN News Share

Global Oil and Gas Analytics Market 2020 Key Players, Industry Size, Share, Segmentation, Comprehensive Analysis and Forecast by 2025

… vendors in the global Oil and Gas Analytics market are … the following uses: Oil Industry, Natural Gas Industry, Other If … , suppliers, manufacturers of Oil and Gas Analytics are covered in this … covered in the global Oil and Gas Analytics market report. … Source: EIN News Share

Oil Down with Potential Supply Cut Easing Expected at Wednesday’s OPEC Meeting

… this Wednesday. Investors are expecting OPEC to recommend an easing in … Energy Agency revised its 2020 oil demand upwards by 400,000 … on top of the upcoming OPEC meeting saw the black liquid … (API)’s upcoming estimate of crude oil supply on Tuesday to assess … Source: EIN News Share

Coronavirus: Oil producers expected to increase crude output

… its allies, known as Opec+, cut daily oil output by 9.7m … improvement in global demand for crude oil this year. However, it … ; it said. Singapore-based oil expert Vandana Hari cautioned about … the commodity. "Global oil demand is currently expected to … Source: EIN News Share

Oil slips as traders eye supply cut easing at OPEC meeting

… 400,000 barrels per day. Oil prices have recovered sharply from multi … for three months since May. OPEC's Joint Ministerial … "The planned easing of OPEC+ production cuts next month … and … note. Libya exported its first crude cargo in six months on … Source: EIN News Share

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Oil slips in Asian market as traders eye easing in supply cut at OPEC meet

… have been propping up crude prices. Brent crude fell 27 cents to … 400,000 barrels per day. Oil prices have recovered sharply from multi … for three months since May. OPEC's Joint Ministerial … "The planned easing of OPEC+ production cuts next month … … Source: EIN News Share

Iran inks $460 million oil deal, anticipating an end to sanctions

“It’s true that our output is low because of cruel and illegal sanctions, but things won’t stay the same,“ Oil Minister Bijan Namdar Zanganeh said in a speech broadcast on state television. “We need to increase our production capacity to be able to return to the market in full force and restore our share whenever necessary.” Source: World Oil Share

Stabroek Block holds over 7 trillion cubic feet of gas – says Wood Mackenzie

… essentially reinjection for enhanced oil recovery.” Further to … may result in gas recycling, increasing gas-to-oil ratio (GOR … ) with time. Ultimately, the company said that gas … (FPSO), consequently limiting oil production. Wood Mac added … Source: EIN News Share

Delaware gas prices rise three cents during the week

… the Energy Information Administration, gas demand showed a slight increase … pump. CURRENT AND PAST GAS PRICE AVERAGES Regular Unleaded … in sharp reductions in crude oil prices and demand for gasoline … 2021. To check out gas prices in your neighborhood, … Source: EIN News Share

Assam: NRL operations back to normal, crude output 8% lower than last year

… with the first quarter of crude throughput being just about 8% … around 8.1 TMT of crude oil imported from Petronas, Malaysia, during … for the ‘Paradip to Numaligarh’ crude oil pipeline,” Choudhury said. Source: EIN News Share

Oil And Gas Cloud Applications Market Growing at a CAGR 14.2% | Key Player IBM, Oracle, Microsoft, SAP, Salesforce

… these technological solutions enables oil and gas organizations to reduce their asset … . Oracle Cloud solutions enable oil and gas organizations to modernize and integrate … ;Market-Reports/cloud-applications-oil-gas-market-246803500.html COMTEX_367928049 … Source: EIN News Share

Nigeria’s Excess Crude Account Shrinks to $72 million

… price of crude oil and the budgeted price of crude oil as … the fall in crude oil prices this year. Crude oil prices have crashed to … by the savings earned when oil prices are at peak. Hence … controversies surrounding the Excess Crude Account. The fund is … Source: EIN News Share

Static and Rotating Equipment (Oil and Gas) Market is anticipated to reach USD 35,868.94 million by 2022

… static and rotating equipment (oil and gas) market. According to … static and rotating equipment (oil and gas) market. These regions … static and rotating equipment (oil and gas) market in North … static and rotating equipment (oil and gas) market include names … Source: EIN News Share

Assam: Tea gardens hit by shortage of natural gas

… by disruption of natural gas by Oil India Limited (OIL) due to continuous … . This comes a day after OIL’s resident chief executive of … groups which have been affecting OIL’s operations and causing disruption … Source: EIN News Share

Iran to Boost Oil-Output Capacity as It Bides Time on Sanctions

… . Iran is expanding its oil-production capacity in anticipation that … share of the global crude market, according to Oil Minister Bijan Namdar … development of Yaran, an oil deposit in the Khuzestan province … with Iraq. Iran’s crude exports took a major hit … Source: EIN News Share

Global Craft Beer Market 2020 Industry Sales, Supply, Demand, Consumption, Analysis And Forecasts To 2026

New Study Reports "Craft Beer – Covid-19 Impact On Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2026” PUNE, MAHARASTRA, INDIA, July 9, 2020 /⁨EINPresswire.com⁩/ — Craft Beer Market 2020 Report Overview: … Source: EIN News Share

US oil, gas rig counts fall by 6 to 279 on week, Permian loses more: Enverus

The US oil and natural gas rig count dropped by six … without yet reaching a trough. Gas rigs accounted for the decline … slowing Since mid-March, when oil prices plummeted in response to low … budgets in response to plummeting crude prices, which fell from $47 … Source: EIN News Share

From Crude Oil To COVID Oil By Gbenro Olajuyigbe

… Nigeria still wholesomely export crude oil while importing refined petrol … is not only about crude oil. There something worse than … insatiable appetite for graft. Oil resources mismanage in the … shifted from Crude Oil to COVID Oil! The price of crude oil has … Source: EIN News Share

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Did Hedge Funds Make The Right Call On Cabot Oil & Gas Corporation (COG) ?

… fund action encompassing Cabot Oil & Gas Corporation (NYSE:COG). … valuable position in Cabot Oil & Gas Corporation (NYSE:COG). … fund positions. Cabot Oil & Gas Corporation (NYSE:COG) … Oil & Gas Corp (NYSE:COG)Follow Cabot Oil & Gas Corp … Source: EIN News Share

Jason Kenney sees supply shortage in oil and gas when global economy rebounds from COVID-19

“You can’t do it everywhere with unlimited amounts of money,” he said. When asked why the Alberta government was not equally committed to supporting renewable energy and the AI and tech sectors, Kenney said it would be launching an innovation tax credit … Source: EIN News Share

Chandra Rosenthal: Oil and gas leases threaten the Old Spanish Historic Trail

… the Trump administration has put oil and gas development ahead of other … wild spaces. During an international oil glut, Trump continues to push … cannot make a profit while oil is at record low … to issue more loss-making oil leases, the Trump administration … Source: EIN News Share

Equity fund to raise stake in oil, gas project

… increase its stake in gas and exploration junior miner … Invictus Energy’s oil and gas project in Muzarabani. … Exchange listed independent oil and gas exploration company focused … Mzarabani and Msasa conventional gas condensate prospects. Mangwana … Source: EIN News Share

Indigenous Protests Are Blazing a New Trail for How to Beat Big Oil

… and be emptied of all crude oil by August 5. This is … not drilling for more oil and gas while older polling from … Transfer, turn water hoses, tear gas, violent dogs, and rubber bullets … greenhouse gases when burned. Oil Change International estimated in 2016 … Source: EIN News Share

Iran will not surrender to US pressures: Oil Min.

… a contract with Persia Oil and Gas Industry Development Company (POGIDC … and capacity to advance oil industry projects, the Petroleum … Regarding the Iran-Turkmenistan gas dispute, Iranian Minister of … arbitration, the National Iranian Gas Company (NIGC) was not … Source: EIN News Share

‘Securing’ Syrian Oil?

… Full of Country's Crude to Iraq… Again ©  The … several trucks filled with crude extracted from oil fields in Syria… , solidifying positions in the oil-rich province of Hasaka, … and profiteering from smuggling the crude to nearby countries. They … Source: EIN News Share

Global Insurance for Recovery Work in Covid-19 Market 2020 Industry Analysis, Opportunities & Forecast To 2026

New Study Reports "Insurance for Recovery Work in Covid-19 – Covid-19 Impact On Global Market Growth, Opportunities, Top Key Players & Forecast -2026” PUNE, MAHARASTRA, INDIA, July 10, 2020 /⁨EINPresswire.com⁩/ — Insurance for Recovery … Source: EIN News Share

EXPOSED: How AGF Malami Granted Approval To Firm Standing Trial In Court For Stealing Crude Oil, Diesel To Auction Goods Seized From It

… five sea vessels holding crude oil and diesel forfeited to … Asteris with crude oil, MV PSV Derby with Automated Gas Oil (diesel), MV … which were laden with crude oil and diesel. The letter … Asteris with crude oil, MV PSV Derby with Automated Gas Oil, MV Zahra … Source: EIN News Share

Iran will develop oil industry despite US sanctions – Oil Minister

… on the country, Iranian Oil Minister Bijan Zanganeh said in … the National Iranian Oil Company and Persia Oil & Gas, an Iranian … Islamic Republic's crude production has halved to around … Iranian ship captains who delivered oil to Venezuela, and Secretary … Source: EIN News Share

NHL-Canada’s oil-producing Alberta looks to NHL to boost hard-hit economy

… 11 (Reuters) – Canada’s oil-producing province of Alberta, hard … June as a crash in oil prices this spring forced energy companies … Source: EIN News Share

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Oil output sinks to nine-year low, but set to recover- IEA

… global oil output tumbled to a nine-year low” as OPEC and … unprecedented drop in demand for crude oil as travel was restricted … . The IEA estimates global crude oil demand fell by 16.4 … forecasts. It now expects global crude oil demand this year would average … Source: EIN News Share

Washington welcomes lift of force majeure on Libya oil exports

… the equitable distribution of oil and gas revenues, through the dialogue … Haftar closed the Zueitina Oil Terminal under the pretext … estimates, the decline in oil production has cost Libya … of Petroleum Exporting Countries (OPEC) revealed that Libya used … Source: EIN News Share

‘Securing’ Syrian Oil? US Troops Reportedly Smuggle Trucks Full of Country’s Crude to Iraq… Again

… –oil-us-troops-reportedly-smuggle-trucks-full-of-countrys-crude– … several trucks filled with crude extracted from oil fields in Syria… , solidifying positions in the oil-rich province of Hasaka, … profiteering from smuggling the crude to nearby countries. They … Source: EIN News Share

BRIEF-OPEC, Allies Set To Ease Oil Cuts, Seeing Pandemic Recovery- WSJ

Source: EIN News Share

CNG outlets to reopen today as govt arranges fuel oil for power utility

… government has allowed compressed natural gas (CNG) stations to resume … its alternative arrangement of furnace oil to feed the power … . “Government has arranged furnace oil to feed the power generators … of sufficient amount of furnace oil for its power plants. … Source: EIN News Share

San Diego gas prices rise slightly

… released by the AAA and Oil Price Information Service. A factor in … Source: EIN News Share

Hospice Care is Changing Amidst the Pandemic According to Kenneth Haglind

Kenneth Haglind Discusses How Hospice Care is Evolving with COVID-19 Cases LAKEVILLE, MINNESOTA, UNITED STATES, July 10, 2020 /⁨EINPresswire.com⁩/ — The COVID-19 pandemic has led to tens of thousands of people being infected around the country. … Source: EIN News Share

OPEC and allies set to ease oil output cuts, anticipating demand recovery

… of crude producers led by Saudi Arabia is pushing OPEC and its … allies to increase oil production starting … Source: EIN News Share

WTI Crude Oil Speculators Cut Back On Bullish Bets For 4th Time In 5 Weeks

… net positions in the WTI Crude Oil futures markets this week, … commercial futures contracts of WTI Crude Oil futures, traded by large … October of 2018. WTI Crude Oil Commercial Positions: The commercial … the previous week. WTI Crude Oil Futures: Over the same … Source: EIN News Share

OPEC, Allies Set to Ease Oil Cuts, Anticipating Demand Recovery – The Wall Street Journal

… of crude producers led by Saudi Arabia is pushing OPEC and its … allies to increase oil production starting … Arabia, the world’s largest oil exporter, led a push that … Source: EIN News Share

Major Oil-Producing Nations To Discuss Possible Easing Of Production Cuts

The OPEC oil cartel was set to convene … production cuts have helped stabilize crude prices, which had spiraled downward … coronavirus. In April, OPEC+, a group of 23 oil-producing countries that … to stick to previous cuts. Oil prices have recovered from a low … Source: EIN News Share

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Persia Oil Signs Deal With NIOC to Develop Oil Field

… the region. Iran’s Persia Oil and Gas Industry Development Co. signed … operate and further develop Yaran oil field close to the … released by National Iranian Oil Co. on the oil ministry’s Shana … domestic companies to develop its oil and gas projects after U.S … Source: EIN News Share

Greenpeace Welcomes Green Party Plan To Boost Solar And End Coal/Gas

… 2035. An end to onshore oil and gas permits, a clean energy … that are causing this crisis – oil, gas and coal – and replace them … Source: EIN News Share

Oil Market Tightens But COVID-19 Could Spoil The Rally

… last few weeks have seen crude oil prices trade in a “remarkably … of the declines in supply. OPEC+ stepped up compliance last … warning about may cause the OPEC+ coalition to think twice. … stability returning to the market, OPEC+ would risk undoing those … Source: EIN News Share

Tompolo’s Kinsmen threaten to shut down oil facilities

… to shut down all oil and gas installations in the area … dollar Export Processing Zone (EPZ) Gas Revolution Industrial Park, Ogidigben, … expected to bridge the oil and gas-rich Warri South and … Government and all its oil and gas agencies to within ten … Source: EIN News Share

Exxon burns over 360 million cubic feet of gas in one month

… 360 million cubic feet of gas thereby polluting Guyana’s atmosphere … that the company has cut crude oil production on the Liza Destiny … to reduce the amount of gas being flared. Kaieteur News … complete final commissioning of the gas handling system. She said, … Source: EIN News Share

THE GROOVE PROJECT Releases “Beyond the Atmosphere” a New Music Video of the Global Group in Their Studios

The new album – Volume 1: Flights of Fantasy – is a ticket to fly. LOS ANGELES, CA, USA, July 12, 2020 /⁨EINPresswire.com⁩/ — Prepare for take-off to destination GROOVE — the latest from the global group The Groove Project, with guitarists and … Source: EIN News Share

Oil, power firms owe banks N5.59tn, says CBN

… in the downstream, natural gas and crude oil refining subsectors owed N3 … oil prices posed a threat to the ability of oil and gas … -currency liquidity as low oil prices and the pandemic weighed … the system susceptible to the oil price slump.” Amid the lingering … Source: EIN News Share

Too many ‘ifs’ and ‘buts’ for crude

… and global benchmark oil prices and crude production for this … Most European oil giants are slashing their oil price forecasts. Italy … ’s Eni lowered its long-term oil price … price assumptions after the oil price crash. Shell has … Source: EIN News Share

From Covid-19 to climate: what’s next after the global oil and gas industry crash?

… Association (Appea), representing oil and gas producers, did not mention … 19 and the ongoing low oil price were having a “double … a competitive destination for oil and gas investments into the … other oil and gas producers as it mostly extracts gas, not oil. It … Source: EIN News Share

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cabot Oil & Gas Corporation – COG

… investors of  Cabot Oil & Gas Corporation (“Cabot Oil” or the “Company … investigation concerns whether Cabot Oil and certain of its … ’s office charged Cabot Oil with 15 criminal counts … failure to fix faulty gas wells, thereby polluting Pennsylvania … Source: EIN News Share

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Is the party finally over for US oil and gas?

… Oil & Gas urges shareholders to accept takeover proposal • Premium – Oil and gas … campaign • New Zealand Oil & Gas starts drilling south of … are tearing through the oil sector. The US remains … ever to progress. Big oil blames eco-warriors. The … Source: EIN News Share

Pipeline Cyber Risk Mitigation

The U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) is working with government and industry partners to identify cybersecurity risks and develop strategies to strengthen the security and resilience of the Nation’s pipeline infrastructure. Through the Pipeline Cybersecurity Initiative (PCI), CISA, in coordination with the Transportation Security… Source: OILMAN Share

Aligning with a New Reality: Right-Sizing G&A to Return Free Cash Flow to Stakeholders

With limited exit and financing alternatives, oil and gas companies must take steps to address G&A and overhead costs to ensure the financial health of the organization and their stakeholders. Dealing with market volatility and uncertainty, negative investor sentiment and depressed stock valuations aren’t new to the upstream oil and… Source: OILMAN Share

Energy Transfer’s CEO preparing for Dakota Access battle

When a judge delivered a surprise ruling this week ordering the pipeline to shut until further environmental reviews are conducted, Energy Transfer CEO Kelcy Warren flashed the pugnacious, bare-knuckled approach that has made him — and the project — a source of seemingly never-ending controversy in America. Source: World Oil Share

Canceled Atlantic Coast pipeline threatens Marcellus shale’s future

The Appalachia region, home to the Marcellus shale faces pipeline bottlenecks in the years to come, a problem only made worse by the decision by Dominion Energy and Duke Energy to abandon plans to construct what would have been a major conduit to fast-growing markets that lie to the south. Source: World Oil Share

North American Oil And Gas Companies Continue To Go Bankrupt At $40 Oil

The rash of oil and gas bankruptcies in North America is … wave of bankruptcies in the oil and gas sector in North America … the coronavirus pandemic or the oil price war, the flurry of bankruptcies … all holding out hope that oil prices would recover in 2020. … Source: EIN News Share

Oil Prices Up Amid Virus Treatment News

… that come out each day.” Crude has struggled to extend a … a barrel. Heavy Louisiana Sweet crude rose 30 cents to $2 … abundant as Libya’s National Oil Corp. announced it would lift … , according to port operator Waha Oil Co. –With assistance from Sheela … Source: EIN News Share

China grants export license to private oil refiner

… for the export of refined oil products by the Chinese … time that a private Chinese oil company won such permission. Refined … ZPC has been undertaking a crude oil refinery project with a capacity … for ZPC's refined oil products, and increase the … Source: EIN News Share

Friday letters: oil and gas, science, Negro National Anthem, voter fraud, hearing aids, first-time gun owners

… funneling public funds to oil and gas interests is shameful What would … sense reforms to make the oil and gas industry safer for those … fund an effort to allow oil and gas companies to release poison … in the 25% with a gas well in your backyard, wouldn … Source: EIN News Share

Russia-China Gas Deal Proves Costly for Both Sides

… of competing products including fuel oil with a nine-month lag … than supplies of liquefied natural gas (LNG), which have hit … PetroChina subsidiary tried to suspend gas imports during the COVID-19 … cubic meters (bcm) of gas this year, reaching capacity of … Source: EIN News Share

WSJ: Oil prices may rebound to $ 150 one day

Oil prices will rise above $ 100 … continue mining. According to him, oil prices may rebound to $ 150 … meet demand.  He noted that oil prices can reach $ 100 in … Capital Management sais he expects oil prices to rise above $ 100 … Source: EIN News Share

Azerbaijani oil price drop on world markets

Baku, July 10, AZERTAC Azerbaijani oil price has decreased on the world … a barrel of Azeri Light crude oil fell $0.53 to stand … $43.62. AZERTAG.AZ :Azerbaijani oil price drop on world markets © Content … Source: EIN News Share

Guyana’s post-election chaos could threaten oil bonanza – Washington-based experts

… could threaten the long-awaited oil windfall, as many crucial … the recent oil price collapse forced the global oil companies to … plans for the major oil discoveries in Guyana and Suriname … But insulating Guyana’s burgeoning oil industry from politics would go … Source: EIN News Share

Cool and Coolest.com are for sale. Isn’t that cool?

BOSTON, MASSACHUSETTS, UNITED STATES OF AMERICA, July 8, 2020 /⁨EINPresswire.com⁩/ — Saw.com, a market-leading Domain Brokerage specializing in the selling and buying of website names, is exclusively representing for sale the premium domain names … Source: EIN News Share

Malawi energy body rules out fuel price hike amid rising international oil price

… not be increased despite rising oil prices on the international market as … cuts by the OPEC+, and increased demand of oil following the easing … price hike amid rising international oil price appeared first on The Maravi … Source: EIN News Share

Oil, Equities Pare Losses on Potential COVID-19 Treatment

… and the international benchmark Brent crude clawed back $0.89 to … side, IEA estimates global crude production fell by 2.4 … by steep production cuts from OPEC+ members and market-driven reductions … second quarter. The combined oil and gas rig count in the United … Source: EIN News Share

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Supreme Court ruling on Oklahoma tribal land raises questions for oil industry

… land has implications for oil and gas development in the state … fourth-largest U.S. crude oil producer last year, accounting … have regulatory authority over oil and gas, said Oklahoma energy attorney … to the regulation of oil and gas operations, and that … Source: EIN News Share

Oil Returns To $40 After COVID Correction

… saw virtually nothing while offshore oil and gas received $154 billion.    Libya … years.  Related: Underinvestment Could Send Oil Prices Soaring Texas drilling permits fall … American oil and gas bankruptcies rise. The number of oil and gas bankruptcies rose … Source: EIN News Share

Mosman Oil and Gas secures permit extension in Australia’s Northern Territory

StockMarketWire.com – Oil company Mosman Oil and Gas said authorities in Australia… :39pm: [LON:MSMN] Mosman Oil And Gas Ltd share price was +0p … Source: EIN News Share

Oil spill is latest disaster in a place where ‘everything is dying’

… ocean. A rainbow film of oil covered the surface; a pool … reports showing aerial pictures of oil-spill booms guarding the crimson … are mostly concerned about the gas, sometimes it gets so bad … Source: EIN News Share

COVID-19 Impact & Recovery Analysis – Natural Gas Refueling Stations Market 2020-2024 | Rising Demand for Cleaner Fuels to Boost Growth | Technavio

… fall in oil prices might hamper market growth. Natural Gas Refueling Stations Market … 2020-2024: Segmentation Natural Gas Refueling Stations Market is segmented … AUTOMOTIVE CONSULTING OTHER TECHNOLOGY OIL/GAS PROFESSIONAL SERVICES OTHER AUTOMOTIVE … Source: EIN News Share

Shanghai crude oil futures close lower

… July 10 (Xinhua) — Crude oil futures closed lower Friday in … Exchange. The most active crude oil contract for August 2020 delivery … volume for 14 listed crude oil futures contracts on the … yuan. China launched the crude oil futures trading, which is … Source: EIN News Share

Iran says will develop oil industry despite US sanctions

… is determined to develop its oil industry in spite of US … imposed on the country, Iranian Oil Minister Bijan Zanganeh said in … in 2018, Iran's oil exports are estimated at 100 … . The Islamic Republic's crude production has halved to around … Source: EIN News Share

Global Craft Beer Market 2020 Industry Sales, Supply, Demand, Consumption, Analysis And Forecasts To 2026

New Study Reports "Craft Beer – Covid-19 Impact On Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2026” PUNE, MAHARASTRA, INDIA, July 9, 2020 /⁨EINPresswire.com⁩/ — Craft Beer Market 2020 Report Overview: … Source: EIN News Share

Shell eyes $2.2 billion divestment from giant Indonesia gas project for the Oil and Gas Sector

… the world’s largest undeveloped gas resources, potentially leaving the … project due to the low oil price environment and development delays caused … 360 billion cubic metre Abadi gas field – will be difficult. … FID in 2022 with first gas targeted by 2028. But … Source: EIN News Share

9 Ugly Natural Gas Stocks to Keep on Your Watchlist

… resulted in historic low oil prices, bargain basement stock prices … (NASDAQ:APA) Cabot Oil & Gas Corporation (NYSE:COG) … Oil & Gas Corporation (COG) Source: Shutterstock Cabot Oil & Gas … for natural gas producers like Cabot Oil & Gas.  Royal … Source: EIN News Share

Basin rig count down one as oil prices remain steady

… the region. Nationally, the oil and gas rig count is down five … shows that 181 rigs sought oil, down four from the previous … , and 75 explored for natural gas, down one from the previous … . National benchmark West Texas Intermediate crude ended at $40.55 per … Source: EIN News Share

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IEA: Global oil supply falls to nine-year low in June

… to massive production cuts by OPEC+ nations, according to the International … ;s Oil Market Report for July 2020. OPEC's total oil supply … million bpd in May. Non-OPEC oil supply decreased to 59.67 … in June. The group cut crude output by nearly 2 million … Source: EIN News Share

P.E.I. gas price back up over $1 a litre

… the pandemic, the price of gas on P.E.I. is … over a dollar a litre. Gas price bottomed out at $0 … litre of self-serve, regular gas at the pump was $1 … lack of demand and a crude oil price war between Russia and Saudi … Source: EIN News Share

UN encouraged experts may get to visit oil tanker off Yemen

… 1.1 million barrels of crude oil that is moored off the … the tanker and the inert gas that prevents the tanks from … 3 million barrels pumped from oil fields in Marib, a province … Source: EIN News Share

Gas drillers refute attorney general report

… an unholy alliance between natural gas drillers and the state’s … of the regulatory framework in oil and gas, to make sure we … Source: EIN News Share

Interesting Research Report on the Future of Global Palm Oil Market 2018-2024

… Palm Kernel Cake, Crude Palm Oil, and Palm Kernel Oil; Application – Surfactants … into palm kernel oil, crude palm oil, and others. Crude palm oil is derived from … Crude Palm Oil Palm Kernel Oil Global Palm Oil Market by Application Surfactants Edible Oil … Source: EIN News Share

Natural Gas Price Prediction – Prices Rebound to Close the Week Up 4% – FX Empire

… generate any damage to natural gas infrastructure. The number of … with natural gas account for 2 and oil accounting for a … EIA. Technical Analysis Natural gas prices reversed its downward trajectory … magnitude of U.S. natural gas supply production, imports, and … Source: EIN News Share

Global Insurance for Recovery Work in Covid-19 Market 2020 Industry Analysis, Opportunities & Forecast To 2026

New Study Reports "Insurance for Recovery Work in Covid-19 – Covid-19 Impact On Global Market Growth, Opportunities, Top Key Players & Forecast -2026” PUNE, MAHARASTRA, INDIA, July 10, 2020 /⁨EINPresswire.com⁩/ — Insurance for Recovery … Source: EIN News Share

EX-Governor: Iran Fully Complying With OPEC+ Quotas

… former Iranian OPEC governor has rejected claims by authorities in crude-producing … by OPEC+ since April when the bloc moved to boost global oil prices … investment in the country’s oil and gas sector. The reports come … Source: EIN News Share

IEA sees oil output recovery

… oil output tumbled to a nine-year low" as the OPEC … . "From July, however, oil supply should begin to trend … regular monthly report on the oil markets. "Futures markets … anticipating a transformation in the oil market from substantial surplus in … Source: EIN News Share

Investor Alert: Motley Rice Reviews Possible Shareholder Losses Of United States Oil Fund, LP

… West Texas Intermediate (WTI) crude oil futures contracts, and which … contract for light, sweet crude oil delivered to Cushing, Oklahoma, … and Russia launched an oil price war, increasing production … . As excess oil supply increased and oil prices waned, the … Source: EIN News Share

Stabroek Block holds over 7 trillion cubic feet of gas – says Wood Mackenzie

… essentially reinjection for enhanced oil recovery.” Further to … may result in gas recycling, increasing gas-to-oil ratio (GOR … ) with time. Ultimately, the company said that gas … (FPSO), consequently limiting oil production. Wood Mac added … Source: EIN News Share

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Oil rises as Int’l Energy Agency boosts demand forecast

… cut the number of oil and natural gas rigs operating to … strong stock market also boosted oil prices. A slate of economic data … to the vulnerability of the OPEC+ production restraint in keeping … front," JBC said. US crude oil inventories rose by nearly 6 … Source: EIN News Share

Oil And Gas Cloud Applications Market Growing at a CAGR 14.2% | Key Player IBM, Oracle, Microsoft, SAP, Salesforce

… these technological solutions enables oil and gas organizations to reduce their asset … . Oracle Cloud solutions enable oil and gas organizations to modernize and integrate … ;Market-Reports/cloud-applications-oil-gas-market-246803500.html COMTEX_367928049 … Source: EIN News Share

Static and Rotating Equipment (Oil and Gas) Market is anticipated to reach USD 35,868.94 million by 2022

… static and rotating equipment (oil and gas) market. According to … static and rotating equipment (oil and gas) market. These regions … static and rotating equipment (oil and gas) market in North … static and rotating equipment (oil and gas) market include names … Source: EIN News Share

Jason Kenney sees supply shortage in oil and gas when global economy rebounds from COVID-19

“You can’t do it everywhere with unlimited amounts of money,” he said. When asked why the Alberta government was not equally committed to supporting renewable energy and the AI and tech sectors, Kenney said it would be launching an innovation tax credit … Source: EIN News Share

From Crude Oil To COVID Oil By Gbenro Olajuyigbe

… Nigeria still wholesomely export crude oil while importing refined petrol … is not only about crude oil. There something worse than … insatiable appetite for graft. Oil resources mismanage in the … shifted from Crude Oil to COVID Oil! The price of crude oil has … Source: EIN News Share

Hospice Care is Changing Amidst the Pandemic According to Kenneth Haglind

Kenneth Haglind Discusses How Hospice Care is Evolving with COVID-19 Cases LAKEVILLE, MINNESOTA, UNITED STATES, July 10, 2020 /⁨EINPresswire.com⁩/ — The COVID-19 pandemic has led to tens of thousands of people being infected around the country. … Source: EIN News Share

Chandra Rosenthal: Oil and gas leases threaten the Old Spanish Historic Trail

… the Trump administration has put oil and gas development ahead of other … wild spaces. During an international oil glut, Trump continues to push … cannot make a profit while oil is at record low … to issue more loss-making oil leases, the Trump administration … Source: EIN News Share

Did Hedge Funds Make The Right Call On Cabot Oil & Gas Corporation (COG) ?

… fund action encompassing Cabot Oil & Gas Corporation (NYSE:COG). … valuable position in Cabot Oil & Gas Corporation (NYSE:COG). … fund positions. Cabot Oil & Gas Corporation (NYSE:COG) … Oil & Gas Corp (NYSE:COG)Follow Cabot Oil & Gas Corp … Source: EIN News Share

Equity fund to raise stake in oil, gas project

… increase its stake in gas and exploration junior miner … Invictus Energy’s oil and gas project in Muzarabani. … Exchange listed independent oil and gas exploration company focused … Mzarabani and Msasa conventional gas condensate prospects. Mangwana … Source: EIN News Share

US oil, gas rig counts fall by 6 to 279 on week, Permian loses more: Enverus

The US oil and natural gas rig count dropped by six … without yet reaching a trough. Gas rigs accounted for the decline … slowing Since mid-March, when oil prices plummeted in response to low … budgets in response to plummeting crude prices, which fell from $47 … Source: EIN News Share

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Iran will develop oil industry despite US sanctions – Oil Minister

… on the country, Iranian Oil Minister Bijan Zanganeh said in … the National Iranian Oil Company and Persia Oil & Gas, an Iranian … Islamic Republic's crude production has halved to around … Iranian ship captains who delivered oil to Venezuela, and Secretary … Source: EIN News Share

Warren Buffet swoops in as the U.S. oil industry is battered by legal, regulatory and financial challenges

World Oil editors discuss the near- and longer-term effects of the Dakota Access pipeline shutdown on U.S. shale, legal precedents being set and who stands to benefit. Also, Pemex appears to be tightening its grip around the neck of the golden goose that is Mexico’s oil and gas industry. Source: World Oil Share

Eni taps Weatherford for four-year downhole safety valve program

Weatherford International has been awarded an exclusive four-year contract with Eni S.p.A. to provide a minimum of 30 Non-Umbilical Downhole Deployment Valves (NU-DDV) that will be deployed in Eni’s critical wells, improving their operational safety and reservoir performance. Source: World Oil Share

Total looks to South Africa for offshore frontier opportunities

Total and its partners are planning to drill a well in the Luiperd prospect in water depths of as much as 1.8 kilometers by September, Africa Energy Chief Executive Officer Garrett Soden said in a statement. Source: World Oil Share

Siemens spins off its gas turbine and wind power business

Siemens AG shareholders approved a spinoff of the company’s energy business, one of CEO Joe Kaeser’s last major moves to reshape the German industrial stalwart. Source: World Oil Share

OPEC+ cheating crackdown continues as Angola commits to cuts

While OPEC and its allies estimate that they made 87% of a record 9.7 million barrels a day output reduction when the deal was launched in May, group leaders Saudi Arabia and Russia are insisting on full compliance. Source: World Oil Share

Oil prices slide as Libyan production threatens demand balance

Crude slid after a key Libyan oil field resumed production, threatening to unleash barrels into a market where demand is already lackluster. Source: World Oil Share

Dakota Access pipeline shutdown challenge moves to Federal appeals court

Energy Transfer LP’s fight to stave off a shutdown of the Dakota Access oil pipeline now heads to a federal appeals court after a district judge on Thursday refused to cut the company a break. Source: World Oil Share

Oil prices fall 3%

Oil prices fell about three per cent … .   U.S. West Texas Intermediate crude futures fell $1.37, or … , to $39.53 a barrel.   Oil markets analyst at Rystad Energy … Source: EIN News Share

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of United States Oil Fund, LP – USO

… of investors of United States Oil Fund, LP (“USO” or the … Texas Intermediate (“WTI”) light, sweet crude oil delivered to Cushing, Oklahoma.  USO … ETF designed to track spot oil prices that its principals had pitched … Source: EIN News Share

Oil falls, heads for weekly decline as virus…

Oil prices fell on Friday, adding to … would suppress fuel demand. Brent crude was down by 25 cents … 2 per cent and US crude for a fall of more … during the initial outbreak. US crude oil inventories rose by nearly 6 … Source: EIN News Share

Commodity outlook: Crude oil falls; here’s how others may fare

… a recovery in economic conditions. Crude oil dipped 1.17 per cent … increased while its peer natural gas fell 1.99 per cent … support near Rs 136. Energy: Crude oil may trade sideways with bullish … near Rs 2,870. Natural gas may bounce towards resistance and … Source: EIN News Share

Oil dips, heading for weekly loss as virus cases rise

… ;Nick Oxford TOKYO (Reuters) – Oil prices dipped on Friday after steep … will suppress fuel demand. Brent crude LCOc1 was down by 7 … than 1% and U.S. crude is on track for a … the initial outbreak. U.S. crude oil inventories rose by nearly 6 … Source: EIN News Share

Oil falls, heads for weekly decline as virus cases hit record

… ;Nick Oxford TOKYO (Reuters) – Oil prices fell on Friday, adding to … would suppress fuel demand. Brent crude LCOc1 was down by 25 … nearly 2% and U.S. crude for a fall of more … the initial outbreak. U.S. crude oil inventories rose by nearly 6 … Source: EIN News Share

Azerbaijan boosts gas production, export in 2020

… .6 billion cubic meters of gas over this period. Moreover, … during the reporting period, gas exports amounted to 6.5 … 9 billion cubic meters of gas were transported to Turkey via … , 541.2 million tons of oil (including condensate) have been produced … Source: EIN News Share

Oil Markets Gained In Light of Increase in Energy Demand

… data shows a higher crude oil demand from the United States … claimed that U.S. crude inventories increased by 5.7 … . The West Texas Intermediate crude oil futures advanced by 0.69 … 7.6 billion euros. Advertisement Oil prices are making great trade opportunities … Source: EIN News Share

JayQ The Legend’s ‘Amazing Girl’ soars to the top of the UK and US Charts… it’s going to be an Amazing Girl Summer

“I hoped this song would catch quickly”, says JayQ The Legend “it is time we celebrate and respect women, and show them how truly amazing they are!” LONDON, UNITED KINGDOM, July 7, 2020 /⁨EINPresswire.com⁩/ — Amazing Girl has captured the hearts … Source: EIN News Share

Oil Demand Could Exceed Supply According to the US Energy Department

… end of July, the current OPEC+ cuts are scheduled to … compounded by the decline in OPEC+ output which now stands … million barrels a day. Recall, OPEC, Russia, and other producers, … year. The Bottom Line Crude oil prices have been volatile generating whipsaw … Source: EIN News Share

Sinopec creates record by drilling 8,725 meters deep oil, gas field

… announced that its Shunbei oil and gas field created a record … Daily reported recently. The oil and gas field is located between … output of crude oil in the Shunbei oil and gas field has … daily crude oil output and 964,300 square meters daily gas output. Source: EIN News Share

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Oooguruk partial gas processing studied – 07/12/2020

… of Natural Resources, Division of Oil and Gas. The POD covers Oct … Source: EIN News Share

AOGCC approves Kuparuk oil pool expansion – 07/12/2020

… Nelson Petroleum News The Alaska Oil and Gas Conservation Commission has approved … extent of the Kuparuk River oil pool. The request, filed in … Source: EIN News Share

Crude Oil Q3 Fundamental Forecast: Energy Supply Drawdown Begins

… The fundamentals suggest that crude oil prices will be able to … turn should prove supportive of crude oil prices (and energy in general). … and Q4'20. OPEC+ has put out more aggressive … the fundamentals suggest that crude oil prices will be able to stay … Source: EIN News Share

Promised greenhouse gas reductions from LNG projects are vastly overstated, says new report

… that B.C. liquefied natural gas exports to Asia will result … in reduced greenhouse gas emissions are wildly overstated. In … ;s emissions and expanding oil and gas production go hand-in- … has pledged to reduce greenhouse gas emissions by 80 per cent … Source: EIN News Share

Middle East Crude-Benchmarks mixed; Sokol’s spot premium holds firm

… a licence to export refined oil products, making it the first … private oil refiner to win such permission … has issued more non-state crude oil import quotas to refiners, for … Reuters on Thursday. U.S. crude oil stockpiles grew last week and … Source: EIN News Share

Michigan judge allows Enbridge to resume pumping oil through Line 5

… Enbridge company to resume pumping oil through a Midwestern pipeline after … . Enbridge’s Line 5 moves crude oil and liquids used in propane … Source: EIN News Share

SSGC increases gas supply to K-Electric in bid to end Karachi’s power crisis

… hours as the Sui Southern Gas Company Limited (SSGC) increases its … is providing an additional 100mmcfd gas to K-Electric.  The power … be run on furnace oil instead of gas.   On the other hand … ;Despite a shortage of gas, more gas is being supplied to the … Source: EIN News Share

Cool and Coolest.com are for sale. Isn’t that cool?

BOSTON, MASSACHUSETTS, UNITED STATES OF AMERICA, July 8, 2020 /⁨EINPresswire.com⁩/ — Saw.com, a market-leading Domain Brokerage specializing in the selling and buying of website names, is exclusively representing for sale the premium domain names … Source: EIN News Share

Orinduik Partners to target sweet, light crude in drilling programme

… will be targeting sweet, light crude discoveries for its next drilling … , are still assessing the oil regarding its commerciality but based … Government of Guyana and Tullow Oil for the Orinduik Block … offshore Guyana. Tullow Oil as the Operator of the … Source: EIN News Share

Why is it wrong to share Libyan oil revenue now?

… underway to lift the oil blockade. Oil production and exports … “An equitable distribution of oil and gas revenues.” The talks took … to stop weaponising oil, both as crude and later as … -Sidra terminal, to load crude oil. Oil exports might imminently resume, … Source: EIN News Share

EIA Short-Term: Crude surplus dropping – 07/12/2020

Agency projecting US crude production will continue to fall … this story] Oil prices Inventory changes US crude production Natural gas You must be … Source: EIN News Share

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Reliance to load Venezuelan oil cargo under fuel swap deal

… exchange for crude were permitted under sanctions. An oil tanker named … Commodore would load the cargo of crude in … cargo of crude for Reliance at Venezuela’s main oil port … taking cargoes of Venezuelan crude this year under permission … Source: EIN News Share

MCX Crude Oil under long liquidation; Support seen at 2934

… Oil under short covering; Support seen at 670.9 MCX Natural Gas … seen at 3730 Technically Crude Oil market is under long liquidation … see prices testing 3127. Crude Oil yesterday settled down by … 2019. Trading Ideas: –Crude Oil trading range for the day … Source: EIN News Share

MCX Crude Palm Oil under short covering; Support seen at 670.9

… Gas under fresh selling; Support seen at 132.7 MCX Crude Oil … seen at 3730 Technically Crude Palm Oil market is under short … (SEA). The Malaysian Palm Oil Council said exports are likely … of tighter supplies of Indonesian crude palm oil. –India CPO import … Source: EIN News Share

MCX Natural Gas under fresh selling; Support seen at 132.7

… seen at 670.9 MCX Crude Oil under long liquidation; Support seen … at 2934 NCDEX Ref. Soya Oil under fresh buying; Resistance … seen at 3730 Technically Natural Gas market is under fresh selling … slowly rises and liquefied natural gas (LNG) exports slowly fall, … Source: EIN News Share

Can India Really Shut Down Oil Supply To China?

… Meanwhile, crude oil imports have been a key support factor for oil prices during … ;s ultra-low oil prices, which incentivized Chinese crude oil stockpiling in strategic … along with favorable crude oil prices and spreads.  With oil storage capacity in China … Source: EIN News Share

Big Oil’s Fallback Plan Is Falling Flat

The oil and gas industry is in crisis. Crude prices plunged into … from plastics.  But as oil and gas giants scale back drilling … But the historic drop in oil prices “essentially eliminated the huge, … July, 64% of the oil and gas industry’s global efforts … Source: EIN News Share

Global Craft Beer Market 2020 Industry Sales, Supply, Demand, Consumption, Analysis And Forecasts To 2026

New Study Reports "Craft Beer – Covid-19 Impact On Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2026” PUNE, MAHARASTRA, INDIA, July 9, 2020 /⁨EINPresswire.com⁩/ — Craft Beer Market 2020 Report Overview: … Source: EIN News Share

The roughneck US cowboys who drilled Britain’s secret WWII oil wells – CNET

… Nottinghamshire. The Anglo-Iranian Oil Company, a forerunner to … exploring the history of British oil. American foreman Eugene Rosser … World War II. American Oil and Gas Historical Society Off duty, … wells. Ultimately, the Eakring oil fields produced 3 million … Source: EIN News Share

Oil Prices Fall As US Layoffs Loom

… .” The U.S. benchmark crude’s rebound from negative territory … 30 per barrel above Nymex oil futures. Further complicating market … China with oil, the tightening market for sour crude is creating … knowledge of the situation. OPEC+ is another step closer to … Source: EIN News Share

Nigeria’s excess crude account falls to $72 million – Nairametrics

… had promised to limit global crude oil production by 9.7 million … barrels of crude oil per day. Iraq was … becomes “extraordinarily uncertain” Brent crude was slightly up by 0 … of the Petroleum Exporting Countries (OPEC) and its allies. Explore … Source: EIN News Share

Global Nutmeg Oil Market Size, Covid-19 Impact Analysis, key Insights Based on Product Type, End-use and Regional Demand Till 2026

… Short Description about Nutmeg Oil Market: Nutmeg oil is a volatile essential … in 2019 3.3 Nutmeg Oil Price by Manufacturers 3.4 Nutmeg … 2020) 5.1.3 Nutmeg Oil Price by Application (2015-2020) 5 … ) 5.2.3 Global Nutmeg Oil Price Forecast by Application (2021-2026 … Source: EIN News Share

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NCDEX Ref. Soya Oil under fresh buying; Resistance seen at 823

MCX Crude Palm Oil under short covering; Support … Natural Gas under fresh selling; Support seen at 132.7 MCX Crude Oil … in the lockdown. Crude palm oil and crude palm kernel oil imports increased 30% … is 816-826. –Ref. Soya Oil prices gained after India's … Source: EIN News Share

Oil prices down with surprise rise in US crude stocks

Source: EIN News Share

Opinion: Restart our economic engine by supporting oil and gas

… Canada, exports of crude oil, bitumen, natural gas and natural gas liquids generated more … the petroleum sector. Natural gas and oil projects contribute to a multibillion … , in communities where natural gas and oil projects operate, the spinoffs benefit … Source: EIN News Share

Oil & Gas: OMCs set to start FY21 with a bang in Q1

… is likely to abate for oil marketing companies, now with state … barrel boosted by discounts on crude ($3.4-3.6… /bbl including gain from crude at discount to Dubai of … ;bbl) due to shrinking of crude discounts. Core GRM may be … Source: EIN News Share

Oil and gas bosses renew calls for sector deal as coronavirus crisis claims 7,500 North Sea jobs

More than 7,500 oil and gas workers have lost their jobs … was disclosed to MPs by oil and gas bosses at a Commons … , chief executive of trade body Oil and Gas UK (OGUK), said as … drop in the oil price and the low, low gas prices. “As a … Source: EIN News Share

Global Insurance for Recovery Work in Covid-19 Market 2020 Industry Analysis, Opportunities & Forecast To 2026

New Study Reports "Insurance for Recovery Work in Covid-19 – Covid-19 Impact On Global Market Growth, Opportunities, Top Key Players & Forecast -2026” PUNE, MAHARASTRA, INDIA, July 10, 2020 /⁨EINPresswire.com⁩/ — Insurance for Recovery … Source: EIN News Share

Marine vet turns to sanitation to escape oil and gas downturn

Source: EIN News Share

Michigan Line 5 Oil-Gas Pipeline’s West Leg Reopens

… pipeline that carries light crude oil and natural gas liquids under the Straits … Source: EIN News Share

Calima Energy to outline production plan for Montney Formation at Proactive Oil & Gas webinar

The oil and gas focused webinar will see three … into production during Proactive’s Oil & Gas webinar this Tuesday, June … with a substantial primary gas resource, a gas and liquids facility connected … director Adrian Cook and 3D Oil Ltd (ASX:TDO) executive … Source: EIN News Share

Joe Biden Still Doesn’t Have a Plan to Stop Oil and Gas Production

… ending new leases for oil and gas producers. And though fracking … reducing emissions without curbing oil and gas extraction. RL Miller, … no mention of reinstating the crude oil export ban (lifted in … do the same for foreign oil and gas projects. “On financing, … Source: EIN News Share

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7500 jobs lost already in North Sea oil and gas sector

… lost in the North Sea oil and gas sector as a result … chief executive of trade body Oil and Gas UK (OGUK) told MPs … drop in the oil price and the low, low gas prices. “It happened … .” Colette Cohen, of the Oil and Gas Technology Centre, said that 250 … Source: EIN News Share

Canada restarts 200,000+ barrels of shut-in oil sands production

At least 20% of shut-in Canadian production is being restored, just months after the price crash forced producers in Alberta’s oil sands to slash up to 1 million barrels a day of output. Source: World Oil Share

Norway to tackle $100 billion PandA liabilities with new oilfield tech

North Sea nations and oil companies face costs of more than $100 billion to shut down old wells in the depleted region. Researchers in Norway believe they can cut that figure dramatically. Source: World Oil Share

Warren Buffet picks up the pieces as the U.S. oil industry is battered by legal, regulatory and financial challenges

World Oil editors discuss the near- and longer-term effects of the Dakota Access pipeline shutdown on U.S. shale, legal precedents being set and who stands to benefit. Also, Pemex appears to be tightening its grip around the neck of the golden goose that is Mexico’s oil and gas industry. Source: World Oil Share

Acoustic Data wins $4.5MM contract for wireless downhole data acquisition

Acoustic Data has been awarded a $4.5mm three-year contract by a supermajor to deploy its SonicGauge Wireless Monitoring System in onshore gas fields in Asia. Source: World Oil Share

UK oil and gas industry welcomes job support, underlines need to remain focused on delivering successful transition

The leading representative body for the sector OGUK said that the UK faces a once-in-a-lifetime opportunity to deliver moves to a lower carbon and more diverse energy mix, reinforcing the importance of the sector deal currently being discussed with the UK Government. Source: World Oil Share

Oil price recovery stalls on high U.S. crude inventory, sluggish demand

Futures in New York have traded within a narrow range this month, struggling to top $41 a barrel after hitting a three-month high on July 2. An EIA report showing that domestic crude stockpiles rose by 5.7 million barrels last week only added to the malaise. Source: World Oil Share

Energy Transfer refuses to shut Dakota Access pipeline, says judge “exceeded authority”

It’s the latest sign that Energy Transfer is preparing for another battle over the Dakota Access oil pipeline, which four years ago drew months of on-the-ground protests from environmental groups and tribes opposed to the project’s route. Source: World Oil Share

Yemen official: We ask the UAE to take its hands off out oil, gas and ports

… his hands off Yemen’s oil, gas and ports. On Twitter, Sami … preventing the export of our gas and oil through them.” According to … militias refuse to leave Belhaf gas plant, the largest economic project … Source: EIN News Share

Oil stable as rising virus cases, higher U.S. crude stockpiles stall recovery

Source: EIN News Share

Harvest Oil & Gas Announces Entry into a Material Definitive Agreement for the Sale of Its Appalachian Basin Assets

… via COMTEX) — Harvest Oil & Gas Corp. (OTCQX: HRST) … Harvest Oil & Gas Corp. Harvest is an independent oil and gas … and development of onshore oil and gas properties in the … otherwise. Contact Information: Harvest Oil & Gas Corp. Houston, TX … Source: EIN News Share

Libya’s Oil Company Prepares To Reopen A Major Export Hub

… tanker to load crude oil from storage, the state oil firm said on … at Es Sider oil port to start loading crude oil from storage. NOC … blockade on its ports and oil production, NOC chairman Mustafa … the global oil market is set to give the OPEC+ group another … Source: EIN News Share

EU Diesel Drivers Burn 100× More Palm Oil Than All Oreo Cookies In World

… about deforestation from palm oil (a huge issue for … least 80% more greenhouse gas emissions than fossil diesel.” … Episode Tags: Biodiesel, Biodiesel palm oil, deforestation, EU, Europe, France … , Italy, netherlands, palm oil, palm oil diesel, Spain About the … Source: EIN News Share

Petro.ai and AWS Partner to Operationalize Modern Analytics and Reduce Legacy Infrastructure Costs in Oil and Gas

… infrastructure to accelerate discovery of oil and gas insights through the fusion … the amalgamation of over 50 oil and gas data types, delivering integrated … AMERICA TEXAS INDUSTRY KEYWORD: OIL/GAS ENERGY DATA MANAGEMENT TECHNOLOGY SOFTWARE … Source: EIN News Share

Oil Stuck With Signs US Crude Stockpiles Swelled

… surprise gain in U.S. crude stockpiles, while concerns linger about … hospitalizations hitting new highs. Oil’s rally from its plunge … concerns demand may be derailed. OPEC+ is also poised to ease … ,000 barrels, while nationwide crude inventories dropped by 3.25 … Source: EIN News Share

Oil Futures Close Mostly Higher

… distillate stocks, including heating oil and diesel fuel, spiked … in U.S. commercial crude oil stocks as a result of … rate. Data showed commercial crude stockpiles spiked 5.7 million … forecast by analysts. Refinery crude throughputs increased 314,000 bpd … Source: EIN News Share

Textile Printing Market – Global Industry Analysis by Size, Share, Growth, Trends and Forecast 2020 – 2026

WiseGuyRerports.com Presents “Global Textile Printing Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025” New Document to its PUNE, MAHARASTRA, INDIA, July 6, 2020 /⁨EINPresswire.com⁩/ — The report consists of the … Source: EIN News Share

Elliott Wave View: Oil Looking To Break Higher

… -Forecast of ElliottWave-Forecast Light Crude Oil 45 minutes chart below shows … ended at 37.50 low. Oil then extended higher in wave … , 7, or 11 swings. If oil manages to break aboveJune 23 … FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices … Source: EIN News Share

Oil prices idle as coronavirus spike fears offset signs of gasoline recovery

… Paul MELBOURNE (Reuters) – Oil prices barely moved in early trade … . West Texas Intermediate (WTI) crude (CLc1) futures were unchanged at … 0.7% on Wednesday. Brent crude (LCOc1) futures inched up … That has kept the benchmark crude contracts in tight ranges this … Source: EIN News Share

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U.S. crude oil production same as last week: EIA

… 8 (Xinhua) — U.S. crude oil production was unchanged during the … to the EIA, U.S. crude oil production averaged 11.0 million … the help of its shale oil production growth. Meanwhile, China … of Statistics, China's crude oil production in May reached 16 … Source: EIN News Share

U.S. oil imports up, exports down last week: EIA

… (Xinhua) — U.S. crude oil imports increased while exports decreased … EIA) said Wednesday. U.S. crude oil imports averaged 7.4 million … the previous week, while crude oil exports averaged about 2.4 … the past four weeks, crude oil imports averaged about 6.6 … Source: EIN News Share

Crude Oil Futures Settle Higher On Demand Hopes

Crude oil prices increased on Wednesday as a … last week. West Texas Intermediate Crude oil futures for August ended up … , their highest since August 2019. Crude stocks at the Cushing, Oklahoma … from EIA on Tuesday said crude oil production is expected to fall … Source: EIN News Share

MCX Natural Gas under long liquidation; Resistance seen at 141.9

… 1001.3-1022.5 MCX Crude Palm Oil under fresh buying; Support … at 169.4 Technically Natural Gas market is under long liquidation … continued drop in liquefied natural gas (LNG) exports and a … the week. Trading Ideas: –Natural Gas trading range for the day … Source: EIN News Share

Oil prices idle as coronavirus spike fears offset signs of recovery

… S. West Texas Intermediate (WTI) crude futures were unchanged at $40 … .7% on Wednesday. Brent crude futures inched up 3 cents … mixed evidence on demand." Oil prices rose on Wednesday as data … That has kept the benchmark crude contracts in tight ranges this … Source: EIN News Share

Tallgrass Energy Announces Exclusive Partnership in Oil and Gas Space with ECOVAP, a Pioneer in Wastewater Management Technology

… Water exclusive rights within the oil and gas industry to use the … nation’s most prolific crude oil and natural gas basins. To learn more … NORTH AMERICA KANSAS INDUSTRY KEYWORD: OIL/GAS ENERGY SOURCE: Tallgrass Energy … Source: EIN News Share

Dakota pipeline still moving oil despite shutdown order

… fill it with North Dakota crude oil on Wednesday and said … even after it began carrying oil from North Dakota across … brisk walking pace,” Kringstad added. Oil producers, meanwhile, are scrambling to … in North Dakota’s oil patch believe Energy Transfer … Source: EIN News Share

JayQ The Legend’s ‘Amazing Girl’ soars to the top of the UK and US Charts… it’s going to be an Amazing Girl Summer

“I hoped this song would catch quickly”, says JayQ The Legend “it is time we celebrate and respect women, and show them how truly amazing they are!” LONDON, UNITED KINGDOM, July 7, 2020 /⁨EINPresswire.com⁩/ — Amazing Girl has captured the hearts … Source: EIN News Share

Gas plans under threat due to emissions reality, oversupply and public opposition

… had gone into operation, gas markets worldwide were so … report cites three Australian gas export projects have been … pressing ahead with new gas developments, particularly those being … .” GetUp particularly criticised oil and gas market executive Andrew Liveris … Source: EIN News Share

Virus crisis threat to oil platform removal decommissioning

… to a fall in global oil prices, threatening funds earmarked to … the outbreak, the UK Oil and Gas industry association estimated that … a thorny issue.” UK Oil and Gas has counted 1,630 … is a benchmark for international crude oil prices that, after nearly 50 … Source: EIN News Share

Libya Port Guards Block Tanker from Loading Crude

… oil ports blocked attempts on Wednesday to load a tanker with crude … the OPEC member sitting atop Africa’s largest crude reserves. … community. A blockade of oil facilities since January has … However, it added that oil companies should prepare for operations … Source: EIN News Share

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Govt orders all petrol, diesel imports be Euro-V compliant as oil companies protest move

… and resistance by the oil industry, the government has … the Directorate General of Oil of the Petroleum Division … 97) and asked the Oil & Gas Regulatory Authority (Ogra), Hydrocarbon … of distribution network. The oil industry has reported that Pakistan … Source: EIN News Share

Escravos oil threats: Okowa advises Ijaw/Itsekiri to sustain win-win option

… Samuel, spokesman of Itsekiri Oil/Gas Producing Communities, said … personally appeal that the oil communities consider jettisoning the … Zone (EPZ) or Gas Revolution Industrial Park project … to deny the oil-producing people Oil Mining Licenses (OML … Source: EIN News Share

Oil Down With COVID-19 Continuing to Dampen Demand

… Bryan Wong Investing.com- Oil was down on Thursday morning … the global economic recovery. Brent oil futures dropped 0.12% to … forecasted. The surprise build prompted OPEC+ to press on over-producers … the pandemic continues to hinder oil demand from some of the … Source: EIN News Share

Grand jury report signals need for stricter gas industry regulation

When drilling for natural gas began in Southwestern Pennsylvania in … have gathered over the natural gas industry. Prices have been low … – Range Resources and Cabot Oil & Gas – each entered no contest … the DEP and the natural gas industry come to an end … Source: EIN News Share

MCX Crude Oil under fresh buying; Support seen at 3039

… seen at 169.4 Technically Crude Oil market is under fresh … could see prices testing 3118. Crude Oil yesterday settled up by 0 … said on Tuesday U.S. crude oil production is expected to fall … the day is 3006-3118. –Crude Oil prices gained as a slightly higher … Source: EIN News Share

Oil steady as coronavirus fears offset gasoline…

… West Texas Intermediate (WTI) crude futures dipped 3 cents, or … evidence on demand." Oil prices rose on Wednesday as data … of the Petroleum Exporting Countries (Opec) and its allies. Together … for previous excess production, Opec sources said this week. … Source: EIN News Share

Cool and Coolest.com are for sale. Isn’t that cool?

BOSTON, MASSACHUSETTS, UNITED STATES OF AMERICA, July 8, 2020 /⁨EINPresswire.com⁩/ — Saw.com, a market-leading Domain Brokerage specializing in the selling and buying of website names, is exclusively representing for sale the premium domain names … Source: EIN News Share

6 Issues Whipsawing Oil Prices As Market Uncertainty Persists

… significantly in response to lower oil prices as well as the five … a problem if U.S. crude oil exports don’t rise. Storage … for that crude oil to go other than exports. 5. OPEC Output Down … like optimistic talk from OPEC+. Assuming OPEC+ sees a net increase … Source: EIN News Share

Solar funding sees a 25% drop but oil and gas firms among top acquirers

… shift towards clean energy, oil and gas majors were the major acquirers … in Q2 of 2019. Oil and gas majors were the major acquirers … Source: EIN News Share

Salaries for signature gatherers debated in Alaska oil tax initiative lawsuit

… production taxes on North Slope oil producers as a means … has staunchly opposed changes to oil taxes. The Resource Development … adjust to the second sustained oil price collapse in the last … election in 2022. Longtime oil industry attorney Robin Brena argued … Source: EIN News Share

Texas Oil, Gas Drilling Permits Fell By A Third

… earlier, the state’s oil and gas regulator body said on Tuesday … , 262 were to drill new oil and gas wells. The rest of … results this year. For new oil and gas permits, the Midland district … of the coronavirus pandemic and oil price war which saw U.S … Source: EIN News Share

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Oil prices fall as rise in virus cases, US crude inventories stall recovery

… YORK: Oil prices inched lower today, as rising US crude inventories and … shrugging off news that Opec member Libya was adding … . Key ministers in Opec+, which includes Opec, Russia and other … to boost oil exports in August, suggesting Opec+ countries are … Source: EIN News Share

Oil Climbs as Trade Focuses on U.S. Gasoline Draw vs Crude Build  

… Krishnan Investing.com – Oil prices rose on Wednesday as … stunning, unexpected build in crude inventories. “Between the two … EIA also reported that crude stockpiles rose by a … crude inventories at the Cushing, Oklahoma, storage facility for oil … Source: EIN News Share

Oil futures post a gain as higher U.S. crude imports, decline in U.S. gasoline supplies point to improving demand

Oil futures gained on Wednesday, buoyed … million-barrel weekly climb in crude-oil supplies, limiting the day… price gain for oil. August West Texas Intermediate oil CLQ20, +0.64% … Source: EIN News Share

Amid oil- and gas-pipeline halts, Dakota Access operator ignores court

… scuttled three high-profile oil- and gas-pipeline projects. The Keystone … and Dakota Access oil pipelines— … for several years, carrying oil from North Dakota to … production in Alberta’s oil sands, where extraction is … Source: EIN News Share

Wednesday Sector Leaders: General Contractors & Builders, Oil & Gas Refining & Marketing Stocks

… . Also showing relative strength are oil & gas refining & marketing shares … Source: EIN News Share

Global Craft Beer Market 2020 Industry Sales, Supply, Demand, Consumption, Analysis And Forecasts To 2026

New Study Reports "Craft Beer – Covid-19 Impact On Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2026” PUNE, MAHARASTRA, INDIA, July 9, 2020 /⁨EINPresswire.com⁩/ — Craft Beer Market 2020 Report Overview: … Source: EIN News Share

Prolonged-Covid-19-Badly-Impacting-Oil-And-Gas-Industry–Petroleum-Commission

… to affect the upstream oil and gas sector and the national … , according to the upstream oil industry regulator, accounts for … entrants including BP, Hunt Oil, and Shell, which have … excess supply. Participants, mainly oil companies working in the country … Source: EIN News Share

Wednesday letters: Climate crisis, and BOCC spending millions to help oil & gas

… -lockdown rebound in greenhouse gas emissions that would overwhelm … “Oil and Gas Mitigation Fund” should be renamed the “Oil and Gas Defense … to be leased for oil and gas development in Western … and consultants to promote oil and gas interests above those of … Source: EIN News Share

These 5 Oil and Gas Pipelines Are the Next to Face Trouble

… set on other major oil and gas pipelines and projects that … The project involves a natural gas export facility that would sit … the project for exporting natural gas on Monday. However, officials … of pipelines that help carry crude oil between Canada and the U … Source: EIN News Share

3 Oil & Gas Stocks to Add to Your Long-Term Portfolio

… crude futures plummeted to record lows in April. However, oil prices … deeply-entrenched dividend paying oil & gas stocks to your … stocks in the Energy – Oil & Gas industry. Williams Companies, … and producer of crude oil, NGLs, and natural gas. As of … Source: EIN News Share

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Three companies to present at Proactive oil & gas focused online webinar next Tuesday

The oil and gas focused webinar will see three … to present at a Proactive oil & gas focused online webinar on … plays Calima Energy invests in oil and gas exploration and production projects … one of the most prolific oil and gas producing regions in Australia … Source: EIN News Share

Why Outlook for Oilfield Services Sector is Down, But Not Out

Oilfield services companies will need to preserve capital and ride out the storm before they can expect to see an uptick in activity. Historically, there’s been a correlation between rig counts and oil prices driving capital spending in the upstream sector of the energy industry. Likewise, this has typically been… Source: OILMAN Share

North America Digital Oilfield Market to get Significant Proceeds by 2026

According to the Graphical Research new growth forecast report titled “North America Digital Oilfield Market Share By Process (Production Optimization, Reservoir Optimization, Drilling Optimization, Others), and Technology (IoT, Advanced Analytics, Robotics, Cloud Computing, Mobility, Others) By Application (Onshore, Offshore), By Service (Instrumentation & Automation {Security Systems, Smart Wells, Wireless Systems,… Source: OILMAN Share

Petroleum Markets React to Oversupply

The recent tough times in the oil patch began in 2015 when rising oil and natural gas production, primarily in the United States, began to outstrip demand as worldwide economies began to slow down. The trend continued, and when the coronavirus pandemic hit in early 2020 economies around the globe… Source: OILMAN Share

Dakota Access pipeline shutdown may spell the end for a Bakken shale recovery

The looming shutdown of the Dakota Access pipeline that carries more than a third of the region’s oil to market threatens to keep the play from booming ever again. Source: World Oil Share

Eni warns of impairments as it lowers future oil price estimates

“Having considered the prospect of the pandemic having an enduring impact on the global economy and the energy scenario, Eni has revised its view of market fundamentals,” the Rome-based producer said in a statement. The company said it would stick to — or even speed up — its long-term climate strategy presented in February. Source: World Oil Share

Shale companies receive more than $2.4 billion in pandemic assistance

The shale industry is getting at least $2.4 billion in loans from the U.S. government’s Paycheck Protection Program aimed at helping businesses that are struggling with the impact of the coronavirus pandemic. Source: World Oil Share

ICONIC tallies first successful North Sea instrumented tubular plug installation

ICONIC has successfully installed its first iTP (Instrumented Tubular Plug) in the Norwegian North Sea. Designed to provide real-time pressure and temperature data anywhere in the well, the iTP has been qualified for use on HPHT wells. Source: World Oil Share

Cash-strapped Pemex seeks to defer key contractor payments to 2021

Three contractors that are being asked to defer payment are waiting on $115 million in payouts, according to sources, but the amount owed to companies across Pemex’s supply chain could easily total billions of dollars. Source: World Oil Share

Canadian community and business leaders call for federal investment in offshore energy

Community and business leaders, as well as supporters throughout Canada, are united to send a clear message to the Government of Canada that action is needed to attract investment in the offshore oil and gas industry and help thousands of Canadians get back to work. Source: World Oil Share

U.S. pipeline challenges “pretty disturbing” for oil producers in Canada

Crude from Canada’s oil sands is almost entirely shipped through U.S. pipelines to refineries in the Midwest and Gulf Coast. The lack of enough shipping capacity has been the dominant problem facing the industry for the past several years. Source: World Oil Share

World equities, oil slip, but China rumbles on

… on Tuesday and weighed on oil prices, though it was not enough … Source: EIN News Share

GCC: Banks’ Profits to Plummet in 2020 Due to COVID-19, Low Oil Prices

… the coronavirus outbreak and lower oil prices but have adequate capital underpinning … pandemic and a plunge in oil prices. The pandemic has hit hotels … Bahrain have the largest non-oil sectors relative to the size … Source: EIN News Share

NCDEX Ref. Soya Oil under long liquidation; Resistance seen at 816

MCX Crude Palm Oil under fresh selling; Support seen … at 15870 Technically Ref. Soya Oil market is under long liquidation … prices testing 818. Ref. Soya Oil yesterday settled down by 0 … ) said. Trading Ideas: –Ref. Soya Oil trading range for the day … Source: EIN News Share

Oil Rally Stalls With Virus Looming Over the U.S. Demand Outlook

(Bloomberg) — Crude futures in New York were … .25 million-barrel decline in crude inventories, while the API reported … gyms. “All of the problems oil has had since March are … refiners in Shandong may cut crude runs in July and August … Source: EIN News Share

Three arrested for pilfering crude oil in Wankaner

… operations group (SOG) busted a crude oil pilfering racket in Wankaner and … seized nearly 27,000 litres crude oil worth Rs 8.26 lakh … others red-handed while stealing crude from the IOC’s … another pipeline through which the crude was being directly filled into … Source: EIN News Share

MCX Natural Gas under short covering; Support seen at 136.5

… seen at 469.6 MCX Crude Oil under fresh buying; Support seen … seen at 16280 Technically Natural Gas market is under short covering … a collapse in liquefied natural gas (LNG) exports to their … in 2019. Trading Ideas: –Natural Gas trading range for the day … Source: EIN News Share

Oil rally stalls on demand concerns

… a surprise gain in US crude stockpiles, while concerns linger about … hospitalizations hitting new highs. Oil’s rally from its plunge … concerns demand may be derailed. OPEC+ is also poised to ease … ,000 barrels, while nationwide crude inventories dropped by 3.25 … Source: EIN News Share

The Oil Industry Threatens Alaskan Polar Bears in Their Dens

… are increasingly under threat from oil and gas drilling and exploration, and … shows the risks even as oil drilling is becoming an even … t drill for any more oil and gas in their habitats. Doing … so would also lower greenhouse gas emissions and thereby slow down … Source: EIN News Share

Human Brain Project announces new phase

• The HBP presents its pioneering new Infrastructure EBRAINS to jumpstart a new era in neuroscience BRUSSELS, BELGIUM, July 4, 2020 /⁨EINPresswire.com⁩/ — • The HBP is targeting brain networks, their role in consciousness, and artificial … Source: EIN News Share

Edible oil import in June touches 8-month high of 1.16 million tonne

… import of edible oil increased. A leading oil importer, however, … said. However, import of crude palm oil (CPO) remained high … the ratio between soft oil and palm oil is 52:48,” … of crude soft oil, including soybean oil, from Argentina. Sunflower oil is … Source: EIN News Share

A year after Senate Bill 181 OK’d, regulators poised to tackle heart of sweeping oil, gas changes

… for the Colorado Oil and Gas Conservation Commission, now … mission from “fostering” oil and gas development while protecting … the bill revamping oil and gas regulations after stepped … seventh-largest natural gas producer. However, low oil prices — due to … Source: EIN News Share

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Ferocious Courtroom Slugfest Hangs Keystone XL Tar Sands Oil Pipeline Out To Dry — Again

… The notorious Keystone Xl oil sands pipeline suffered yet another … is supposed to carry crude oil from Alberta oil sands fields in … , Kalamzoo River) and other oil-related catastrophes (see BP, … the planned Atlantic Coast fossil gas pipeline after a years- … Source: EIN News Share

Oil prices inch up on bets for a second weekly decline in domestic crude supplies

… On Tuesday, West Texas Intermediate crude for August CLQ20, +0.41% … would in turn boost natural gas demand from the power … cases of the virus spikes. Crude oil investors are also still digesting … Reservation. The pipeline moves crude from the Bakken shale and … Source: EIN News Share

TechnipFMC Signs a Major Contract with Assiut National Oil Processing Company (ANOPC) for a New Hydrocracking Complex in Egypt

… (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the … -value petroleum products from Assiut Oil Refining Company's (ASORC … our clients in developing their oil and gas resources. Each of our … Source: EIN News Share

Israel Has Oil (Shale) Deposits Similar to Saudi Arabia, Knesset Learns

… 250 billion barrels of oil in oil shale in Israel, similar … the Tax on Profits from Gas and Oil on Tuesday, and said … hydrocarbons can be produced. Oil shale is similar to petroleum … fuel, gasoline, and liquid petroleum gas. Oil shale in Israel is widespread … Source: EIN News Share

Somaliland: Sizing Up Somalia the new Offshore Oil Frontier in the Making

… the few remaining frontier oil and gas exploration territories and … though. New activity Oil and gas exploration started in Somalia … a regulatory body overseeing oil and gas activity. Siva Prasad, … and develop potential offshore oil and gas reserves in march. … Source: EIN News Share

Sustainable palm oil seeks breakthrough in China

… cent of global food oil production. Its oil can be found … to China replacing soybean oil with palm oil due to its … production of biofuel from crude palm oil. According to customs data … formed the China Sustainable Palm Oil Alliance. Early members include … Source: EIN News Share

MCX Crude Palm Oil under fresh selling; Support seen at 661.2

… seen at 15870 Technically Crude Palm Oil market is under … in April, the Indonesia Palm Oil Association (GAPKI) said. … Malaysian Palm Oil Association (MPOA). Malaysian palm oil inventories at … months. Trading Ideas: –Crude Palm Oil trading range for the day … Source: EIN News Share

Textile Printing Market – Global Industry Analysis by Size, Share, Growth, Trends and Forecast 2020 – 2026

WiseGuyRerports.com Presents “Global Textile Printing Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025” New Document to its PUNE, MAHARASTRA, INDIA, July 6, 2020 /⁨EINPresswire.com⁩/ — The report consists of the … Source: EIN News Share

Algeria prepares new plan to revive economy, reduce dependence on oil

ALGIERS (Reuters) – OPEC member Algeria, facing financial … to reduce reliance on oil and gas and give the private … repeatedly vowed to reform the oil-reliant economy by developing … A further drop in oil and gas earnings during the coronavirus pandemic … Source: EIN News Share

Palm oil rebounds on weaker ringgit, higher Dalian soyoil

… ringgit. The benchmark palm oil contract for September delivery on … June production and tracking weaker crude oil prices. FUNDAMENTALS The ringgit, palm… dollar, making the edible oil cheaper for holders of foreign … at the supermarket. Palm oil may drop into a … Source: EIN News Share

Gas Prices Stay Fairly Steady in all 50 States

… cents to $2.61. National gas price comparison. Image: AAA … in the region. Oil market dynamics Domestic crude prices increased after … bbl. Decreasing crude stocks could mean that crude production is … which could suppress global crude demand during the second … Source: EIN News Share

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Libya: Crude oil exports to drop in July due to blockade

Libya’s crude oil exports will drop in July … shipments from most of the OPEC member’s ports. Meanwhile, … end a six-month oil blockade and resume crude exports. Sanallah said … concerned over mercenaries at Libyan oil facilities On Sunday, Sanallah also … Source: EIN News Share

Virus crisis threatens to set back oil platform decommissioning

… to a fall in global oil prices, threatening funds earmarked to … the outbreak, the UK Oil and Gas industry association estimated that … thorny issue." UK Oil and Gas has counted 1,630 … is a benchmark for international crude oil prices that, after nearly 50 … Source: EIN News Share

Importing Iraqi oil will be resumed in 2 days

… Tuesday that importing Iraqi crude oil to Jordan will be resumed … had stopped supplying oil to Jordan after oil prices fell to less … to supply Jordan with Kirkuk crude oil transported via tanks, according … the "Brent" crude minus $18, provided that … Source: EIN News Share

OPEC: Africa’s Refineries Meet Only Half of Continent’s Daily Petrol Demand

… of Petroleum Exporting Countries (OPEC) has said that refineries … sectors. “According to the OPEC Secretariat’s latest forecast, … natural resources, particularly oil and natural gas, but that the … side with the historic OPEC-Non-OPEC ministerial decisions in … Source: EIN News Share

Jordan to resume import of Iraqi crude oil this week — Zawati

… will resume importing Iraqi crude oil within the next two … Iraq had suspended oil exports to Jordan after oil prices dropped to less … Jordan would import Iraqi crude oil daily with a discount … 2030, dependence on natural gas for issues related to electricity … Source: EIN News Share

Don’t Count on the Natural Gas ETF Rally to Continue

… . Stockpiles of natural gas have greatly increased worldwide … market for liquefied natural gas, or LNG, has collapsed … gas, the Wall Street Journal reports. Looking ahead, with crude oil prices … back up to around $40 a barrel, oil producers … Source: EIN News Share

JayQ The Legend’s ‘Amazing Girl’ soars to the top of the UK and US Charts… it’s going to be an Amazing Girl Summer

“I hoped this song would catch quickly”, says JayQ The Legend “it is time we celebrate and respect women, and show them how truly amazing they are!” LONDON, UNITED KINGDOM, July 7, 2020 /⁨EINPresswire.com⁩/ — Amazing Girl has captured the hearts … Source: EIN News Share

MCX Crude Oil under fresh buying; Support seen at 3013

… at 469.6 MCX Natural Gas under short covering; Support … seen at 16280 Technically Crude Oil market is under fresh buying … of the Petroleum Exporting Countries (OPEC) and allies, together known … day is 2964-3122. –Crude Oil gains with major producers sticking … Source: EIN News Share

Iran exports 273,000 bpd of crude oil in June

… per day (bpd). Iran’s crude oil production volume hit a four … total energy of Iran’s crude oil reserves on onshore reached 54 … 2020. Accordingly, the average of crude oil reserves on Iranian onshore will … the export volume of Iranian crude oil in May 2020 at … Source: EIN News Share

Oil dips as US inventory build stokes supply fears

TOKYO: Oil prices eased in early trade on … in fuel demand. U.S. crude oil stockpiles rose last week, against … ) said on Tuesday U.S. crude oil production is expected to fall … Reuters. Key ministers of the OPEC+ are due to hold talks … Source: EIN News Share

EIA lifts price forecasts for oil and U.S. crude output

… and global benchmark oil prices and U.S. crude production for this … 2020 West Texas Intermediate crude price forecast to $37 … result of reduced production from OPEC+ and price-driven declines … dealings, August West Texas Intermediate crude CLQ20, +0.68% traded … Source: EIN News Share

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Cabot Oil & Gas: Great Risk/Reward Profile

… crude oil prices. This took natural gas prices higher. Cabot Oil & Gas … Low crude oil price is a positive factor for natural gas market … focus on this fact. Crude oil prices are strongly correlated to … painful. At this point, OPEC+ is the single supply … Source: EIN News Share

Burden of COVID-19 on the Market & Rehabilitation Plan | Global Drilling Rig Market 2020-2024 | Growth in Oil and Gas Demand to Boost Growth | Technavio

… before purchasing The growth in oil and gas demand has been instrumental … / KEYWORD: INDUSTRY KEYWORD: OIL/GAS ENERGY SOURCE: Technavio Research Copyright … Source: EIN News Share

Cabot Oil & Gas: A Bet On A Natural Gas Rebound

… fundamentally raise the price of gas. The industrial sector is … in significant declines in associated gas production. Even if the … the potential undersupply of natural gas coming due to companies … the price of Natural Gas, Cabot Oil & Gas is one of the … Source: EIN News Share

U.S. oil futures settle little changed as traders weigh prospects for crude supply and energy demand

U.S. oil futures barely budged Tuesday, finding … weekly decline in U.S. crude supplies on Wednesday. However, concerns … prices. August West Texas Intermediate oil CLQ20, -0.44% fell by … Source: EIN News Share

Sen. Cramer, state oil and gas leaders talk ‘ramifications’ of DAPL ruling at Chamber webinar

… to 570,000 barrels of crude oil per day. It currently … a modest recovery, but Bakken crude oil, which to the point … pipeline, which has been transporting crude oil since May 2017, was a … budgets,” Ness said. “Oil and gas production taxes alone account for … Source: EIN News Share

Cool and Coolest.com are for sale. Isn’t that cool?

BOSTON, MASSACHUSETTS, UNITED STATES OF AMERICA, July 8, 2020 /⁨EINPresswire.com⁩/ — Saw.com, a market-leading Domain Brokerage specializing in the selling and buying of website names, is exclusively representing for sale the premium domain names … Source: EIN News Share

Oil Price Rally On Hold After API Reports Rising Crude Inventories

… on Tuesday a build in crude oil inventories of 2.048 million … reported a major decrease in crude oil inventories of 8.156 million … build. It was the largest crude draw this year. WTI was … cases in the United States. Oil production in the United States … Source: EIN News Share

Libya’s NOC says oil blockade to halve oil output in coming years

Libya’s National Oil Corporation (NOC) said on Tuesday … of an immediate restart of oil production and because of the … of losses so far, with oil revenues in the first half … period of last year. READ: Crude oil exports to drop in July … Source: EIN News Share

KNM, ADAP ink JV for oil, gas and petrochemical projects in Sarawak

… form a company to undertake oil, gas and petrochemical project in Sarawak … engineering, procurement, construction contracts for oil, gas and petrochemical plants; manufacture and … , tanks, piping and structures for oil, gas and petrochemical plants; as well … Source: EIN News Share

Oil And Gas Pipelines Look Like Increasingly Risky Bets

… change are forcing gas companies out of business and oil giants to … is eroding the dominance the oil and gas industry once held over … rules on methane emissions from oil and gas infrastructure, nixed regulations forcing … Source: EIN News Share

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Oil stuck below $41 with signs US crude stockpiles swelled

… ’s hospitalizations hitting new highs. Oil’s rally from its plunge … concerns demand may be derailed. OPEC+ is also poised to ease … .E. is planning to increase crude exports by as much as … 550,000 barrels, while nationwide crude inventories dropped by 3.25 … Source: EIN News Share

Saudis hike oil prices to key markets on rising energy demand

Saudi Arabia raised pricing for August oil shipments to Asia, the U.S. and northern Europe amid signs that energy demand is continuing to recover. The move comes as the world’s biggest crude exporter pushes other major producers to join it in cutting supply to re-balance the market. Source: World Oil Share

Total’s CEO Pouyanne plots successful course while competitors stumble

Europe’s oil giants came into 2020 promising shareholders they can “do it all” — maintain generous dividends, keep the crude flowing and make a historic shift toward clean energy. Only one of them may succeed. Source: World Oil Share

Stauper Offshore wins Martin Linge platform upgrade contract

Stauper Offshore AS was awarded a contract by TechnipFMC for the upgrade of the Compact Flotation Units (CFU) at Equinor´s Martin Linge platform in the North Sea. Source: World Oil Share

Brent oil passes $43/bbl on climbing equity markets, Saudi price hikes

Brent gained 1% to near the highest level since March. Saudi Aramco increased its crude prices to Asia in another sign of recovering demand. Global equity markets rose to the highest since early June, giving crude another boost. Source: World Oil Share

API calls for pipeline permit reforms following shutdowns

The American Petroleum Institute released the following statement from President and CEO Mike Sommers in response to the cancellation of the Atlantic Coast Pipeline and a court ruling to shut down the Dakota Access Pipeline. Source: World Oil Share

Golar Power enters alliance with Galileo to promote LNG in Brazil

With this initiative, Golar Power intends to increase the share of local LNG in its supply and accelerate energy transition towards a cleaner energy chain with a lower carbon footprint in Brazil: switching from diesel fuel, liquefied petroleum gas or heavy fuel oil to natural gas. Source: World Oil Share

Texas issued nearly 69% fewer drilling permits in June 2020 than in year prior

The Railroad Commission of Texas issued a total of 312 original drilling permits in June 2020 compared to 1,001 in June 2019. The June 2020 total includes 262 permits to drill new oil or gas wells, three to re-enter plugged well bores and 21 for re-completions of existing well bores. Source: World Oil Share

MV Oil Trust Announces There Will Be No Trust Second Quarter Distribution

… recent substantial decrease in oil prices due in part to … and an oversupply of crude oil. Oil prices could remain low for … on Trust distributions. Low oil prices and other factors have reduced … drilling and production of oil and gas properties, the ability of … Source: EIN News Share

Dakota Access Pipeline: Judge suspends use of key oil link

… Supreme Court blocked another controversial oil pipeline from continuing construction. … 570,000 barrels of crude oil a day across four … , efficient means of transporting crude, rather than shipping barrels … that the flow of oil must cease," Judge … Source: EIN News Share

Oil prices inch higher on output cut support, but US coronavirus spike caps gains

… 09:15AM Bookmark MELBOURNE: Oil prices cautiously rose in early … the Petroleum Exporting Countries (OPEC) and allies, together known … as OPEC+, AxiCorp strategist Stephen … the biggest artery transporting crude oil from North Dakota… Source: EIN News Share

Samsung’s $626 Million Oil ETF Alters Index After Rally Miss

… -off and subsequent rally in crude prices this year. Samsung Asset … bet on a rebound in oil prices after the April plunge. The … Samsung S&P GSCI Crude Oil ER Futures ETF — in … of crude prices. The Samsung ETF and the U.S. Oil Fund … Source: EIN News Share

Oil prices slide as spike in U.S. coronavirus cases casts gloom over fuel demand prospects

… West Texas Intermediate (WTI) crude CLc1 futures fell 17 cents … with concerns about OPEC+ discipline to weigh on oil prices,” said CMC … estimated. The U.S. crude market faces some uncertainties … the biggest artery transporting crude oil from North Dakota’s … Source: EIN News Share

US Oil & Gas Rig Tally Hits All

… business environment of the oil and gas industry. A change in … and production of oil and natural gas in the United … ability to drill and extract gas from dense rock formations, … weeks in Permian. Outlook With oil prices recovering gradually, most analysts … Source: EIN News Share

Extraction Oil & Gas lost control of its midstream subsidiary as it tumbled into Chapter 11 bankruptcy

Source: EIN News Share

China’s June Crude Oil Imports Hit Record High

… compiled by OilX, China’s crude oil imports hit a record high … its economy, along with favorable crude oil prices and spreads. So much so … Saudi Arabia has raised its oil prices three months in a row … of July. Aramco raised its crude oil price to Asia to $1.20 … Source: EIN News Share

Fine Art Shippers to Partner with AGS Cargo in Brazil

Fine Art Shippers is pleased to announce that we have joined forces with AGS Cargo to provide an extended range of art logistics services in Brazil. NEW YORK, NY, UNITED STATES, July 5, 2020 /⁨EINPresswire.com⁩/ — Fine Art Shippers is pleased to … Source: EIN News Share

COVID-19 Impact & Recovery Analysis- Liquefied Petroleum Gas (LPG) Cylinder Market 2019-2023 | Increasing Use of LPG to Boost Growth | Technavio

… Cylinder Market size Liquefied Petroleum Gas (LPG) Cylinder Market trends Liquefied … Petroleum Gas (LPG) Cylinder Market analysis This … /  KEYWORD: INDUSTRY KEYWORD: OIL/GAS ENERGY SOURCE: Technavio Research Copyright … Source: EIN News Share

Alberta justice minister cleared in ethics case tied to oil funding inquiry

… foreign money is bankrolling anti-oil protests in Canada. Marguerite Trussler … to undermine Alberta's oil and gas industry. Trussler noted that … lawfully question the expansion of oil and gas operations. Late last year … Source: EIN News Share

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US Supreme Court deals blow to Keystone oil pipeline project

… as it pertains to other oil and gas pipelines across the nation … $8 billion Atlantic Coast gas pipeline in the Southeast and … -mile (1,900-kilometer) oil sands pipeline. An attorney for … plaintiffs had hoped to hamper oil and gas projects nationwide. “Our focus … Source: EIN News Share

Supreme Court deals blow to Keystone oil pipeline

… as it pertains to other oil and gas pipelines across the nation … Source: EIN News Share

Sweden’s Tethys Oil signs exploration and production agreement for Omani block

… the sultanate adjacent to Tethys Oil’s operated exploration licence block … license rules, Oman’s oil and gas ministry has previously said. Block … . In the case of an oil or gas discovery, Oman has the … one of its state-owned oil and gas companies to move back … Source: EIN News Share

PSO to opt for gallop import of furnace oil

… ban on import of furnace oil for averting power outages, … Pakistan State Oil (PSO) has conveyed to Islamabad … daily basis Low Sulphur Furnace Oil (LSFO). The power plants … due to difference in current crude price and product price. The … Source: EIN News Share

NPR-A land use plan sacrifices wildlife protection for oil

… balanced statutory provisions for oil and gas leasing and protection … recognized existing and potential oil and gas lease areas, including the … acres — open for oil and gas leasing and development. The … Lake Special Area to oil and gas leasing. The outstanding … Source: EIN News Share

Schweitzer cleared in ethics case tied to Alberta’s anti-oil funding inquiry

… foreign money is bankrolling anti-oil protests in Canada. Marguerite … to undermine Alberta’s oil and gas industry. Trussler noted that … inquiry looking at how anti-oil groups are funded, extends … question the expansion of oil and gas operations. Late last year … Source: EIN News Share

Piped gas in fits and starts

… being carried out by Indian Oil-Adani Gas Pvt Ltd (IOAGPL).The … registered to avail the piped gas facility. The focus, at the … moment, is to provide gas supply to all registered homes … . yes to piped gas  The Indian Oil-Adani Gas Pvt Ltd officials have … Source: EIN News Share

Human Brain Project announces new phase

• The HBP presents its pioneering new Infrastructure EBRAINS to jumpstart a new era in neuroscience BRUSSELS, BELGIUM, July 4, 2020 /⁨EINPresswire.com⁩/ — • The HBP is targeting brain networks, their role in consciousness, and artificial … Source: EIN News Share

Protect Nigeria from oil price volatility, NEITI tells FG

… , titled: ‘Insulating Nigeria from Perennial Oil Price Volatility,’ urged the Federal Government … economy during periods of cyclical oil price shocks.   A statement made … very strong close relationship between oil prices and government revenue within the … Source: EIN News Share

China’s ports are clogged with oil carriers

… bought at the record-low oil prices that we saw in March … spree helped to prop up oil prices. What will happen to the … for an otherwise exceptionally weak crude oil market. It is part of … reason for the increase in crude oil prices that have occurred since late … Source: EIN News Share

Indonesian Oil Refiner Makes $48 Billion Bet to Double Capacity

… pandemic, as the former OPEC member seeks to cut reliance … refining capacity. The national oil company plans to expand existing … Gupta said. The country’s crude oil output has declined to about … director for Asia Pacific upstream oil & gas at Woodmac. “In … Source: EIN News Share

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Protect Nigeria against oil volatility, NEITI urges govt

… the economy from the perennial oil price volatility. It said the government … , entitled: “Insulating Nigeria from Perennial Oil Price Volatility,” released in Abuja.  In … economy during periods of cyclical oil price shocks.  NEITI said, “Price volatility … Source: EIN News Share

Will Argentina’s Oil Industry Survive This Crisis? – OilPrice.com

… s detriment. This year’s oil price crash seems to be taking … Catastrophe Graph 1. Argentina’s Crude Exports in 2017-2020 (thousand … a minimal price for the crude produced there but with … of workers’ physical safety oil and gas drillers at Vaca Muerta and … Source: EIN News Share

AAA reports Tennessee Gas Prices Drop Nearly Two Cents

… million bbl. Decreasing crude stocks could mean that crude production is meeting … , Clarksville TN, Coronavirus, COVID-19, Crude Oil, Gas Prices, Independence Day, Johnson City … TN, Nashville, Nashville TN, Oil Prices, Tennessee Gas Prices, The Auto Club Group … Source: EIN News Share

Global oil demand rebounds from COVID-19 pandemic’s lows, prompts price spike forecasts

… , resulting in average Brent oil prices rising from about US$43 … advertisement READ MORE: Canadian crude-by-rail exports drop by … world is on crude and suggests that its oil dependence will … of the oil demand recovery and predicts Brent crude prices will … Source: EIN News Share

Oil Futures Struggle as Second Wave Weighs

… the economic recovery, oil prices were boosted by OPEC and its allies who … , with the number of oil and natural gas rigs falling for the … steep declines in crude imports from China. Advertisement Oil prices are making great … Source: EIN News Share

Oil Retreats as COVID-19 Rages Unabated

… Bryan Wong Investing.com- Oil was down on Tuesday morning … investor sentiment globally. Brent oil futures dropped 0.37% to … kept oil prices low despite support from record supply cuts by OPEC+. “ … Institute (API)’s estimate of crude oil supply, due later in … Source: EIN News Share

Textile Printing Market – Global Industry Analysis by Size, Share, Growth, Trends and Forecast 2020 – 2026

WiseGuyRerports.com Presents “Global Textile Printing Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025” New Document to its PUNE, MAHARASTRA, INDIA, July 6, 2020 /⁨EINPresswire.com⁩/ — The report consists of the … Source: EIN News Share

Oil mixed on tighter supply, surge in US virus cases

LONDON: Oil prices were mixed on Monday, with Brent crude edging higher on … including Russia, collectively known as OPEC+, have agreed to lower … operating U.S. oil and natural gas rigs fell for a … have slowed as higher oil prices prompt some producers to … Source: EIN News Share

Trillion Energy Announces Derecik Zagros Basin Oil Property Evaluation

… Derecik Exploration Licenses oil fields are located … a significant conventional oil discovery accessible for … a prospective unconventional natural gas property. For further information … regulatory challenges, COVID, oil and gas price fluctuations, operational … Source: EIN News Share

In the Physical Oil Market, Sour Barrels Trade at Sweet Prices

… heading toward China, where oil demand is fast recovering, … and their allies. “Deep OPEC+ cuts and demand recovery … normal levels. Because sour crude makes a significant chunk … other national oil companies sell their crude at differentials to oil benchmarks, … Source: EIN News Share

Oil and Gas Report June 22-July 5, 2020

… , 2020 Intents to Drill None Gas Completions MOORE (KILLGORE RANCH, Red … €™ API 42-375-31915, Vertical Oil Completions None Source: EIN News Share

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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cabot Oil & Gas Corporation – COG

… investors of  Cabot Oil & Gas Corporation (“Cabot Oil” or the “Company … investigation concerns whether Cabot Oil and certain of its … ’s office charged Cabot Oil with 15 criminal counts … failure to fix faulty gas wells, thereby polluting Pennsylvania … Source: EIN News Share

Monday Sector Laggards: Oil & Gas Equipment & Services, Apparel Stores

… ) — In trading on Monday, oil & gas equipment & services shares … Source: EIN News Share

Another oil price war could send crude crashing

… hold for long, however, and crude rebounded with a staggering gain … and lower prices. This sent oil prices plummeting by some 25% in … thin. The fact that OPEC members have exceeded their production … , Angola, and Iraq, all OPEC members, with another price war … Source: EIN News Share

Brent oil scores lift from Saudi price rise, China optimism, while U.S. crude weighed down by rising coronavirus cases

Crude-oil futures on Monday traded mixed, with the U.S. oil … Brent, the international benchmark oil, also was supported by … economy, tighter supplies, and improving OPEC+ compliance,” he said. “ … , likely pressuring Henry Hub [gas] prices,” said Robbie Fraser, … Source: EIN News Share

Down to handful of active rigs, Canada’s oil and gas drillers face permanent contraction

… the world’s fourth-largest oil-producing country, a fraction … the coronavirus pandemic wanes and oil demand returns. “This is … the hardest sharpest downturn the oil services industry has ever … would make it difficult for oil and gas producers to boost output … Source: EIN News Share

JayQ The Legend’s ‘Amazing Girl’ soars to the top of the UK and US Charts… it’s going to be an Amazing Girl Summer

“I hoped this song would catch quickly”, says JayQ The Legend “it is time we celebrate and respect women, and show them how truly amazing they are!” LONDON, UNITED KINGDOM, July 7, 2020 /⁨EINPresswire.com⁩/ — Amazing Girl has captured the hearts … Source: EIN News Share

Oil And Gas Pipelines Increasingly Losing Legal Challenges

Two major oil and gas pipelines bit the dust in … , which would have ferried natural gas from West Virginia to North … Enhancement, another $1 billion natural gas pipeline, was cancelled after the … Source: EIN News Share

Garfield County commissioners put additional $500,000 toward efforts to sway oil and gas rules

… efforts to shape new oil and gas regulations that were … from the county’s oil and gas mitigation fund toward addressing … more stemming from stricter oil and gas regulations passed under Senate … development, Jankovsky said. Oil and gas development has been a … Source: EIN News Share

Ethics probe finds no conflict of interest in oil and gas inquiry appointment

… of Alberta's oil and gas inquiry, the province… supporting opposition to the Alberta oil and gas industry," Allan came … $1 million to the oil and gas inquiry's $2 … foreign money possibly influencing anti-oil protests. The government extended … Source: EIN News Share

Major oil and gas pipeline projects, backed by Trump, flounder as opponents prevail in court

… Burning oil and gas produces carbon dioxide, a greenhouse gas linked to … a million barrels of crude oil a day from North … including the Rover natural gas pipeline that spilled drilling fluids … a president can do.” Oil and gas executives, meanwhile, have been … Source: EIN News Share

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Ripple effects- how the global pandemic is affecting oil and gas in Papua New Guinea Advantage PNG

… . Credit: DevPolicy The oil and gas majors are re-assessing their … re-examining long-term oil price assumptions and investment hurdle … , few within the oil and gas industry would even countenance … 19, found that the oil and gas and transportation sectors have … Source: EIN News Share

Subsea Production Systems Expand Boundaries of Deepwater Hydrocarbon E&P

Subsea technology has drastically improved in the last two decades in terms of functionality and reliability, with notable strides made in areas such as subsea processing, subsea storage, subsea-to-shore and power distribution. This has enabled upstream companies to expand the scale of their deepwater projects, says GlobalData, a leading data… Source: OILMAN Share

Libyan oil exports drop again as port blockade drags on

Libya will export two oil cargoes totaling 1.2 million barrels in July — a third less than in June — as forces opposed to the Tripoli-based government continue to block shipments from most of the OPEC member’s ports. Source: World Oil Share

Is global oil drilling activity finding a bottom?

As the working rig count reaches historic lows, World Oil editors take a look at what it means for future production and inevitable consolidations to follow. Can technical innovation lead the industry out of the wilderness? Source: World Oil Share

New pump price: Oil marketers insist on full deregulation

… of the Private Depot of Oil and Gas Marketers Association of Nigeria … of the nation’s oil and gas industry, saying this would … According to him, the independent oil marketers have been at the … What happens if the global oil price increases again, are we going … Source: EIN News Share

Smooth economic expansion associated with a newborn oil economy is absent

… expansion associated with a newborn oil economy is absent. The … by Team Granger. In a crude oil-exporting economy, imports usually … Government that cannot access these oil funds.  Further, Guyana is … some US$500 million in crude oil exports, Guyana only has … Source: EIN News Share

Big demand for Sabah-made cooking oil – CM

… demand for the palm oil-based cooking oil produced by Sabah as … this when launching GOLD cooking oil at Sibuga Industrial Centre, … in the market. (Palm-oil-based) cooking oil has great colour, contains … not only to produce CPO (Crude Palm Oil), but we must have … Source: EIN News Share

FOCUS-Record debts come due for Canadian oil patch after five years of crisis

… own assets, and as rebounding oil prices offer hope, said Alan Ross … the music will stop.” When oil prices crashed in 2014, Canada’s … year, the coronavirus pandemic hammered oil demand, dealing the biggest blow … Source: EIN News Share

Tunisia: Tataouine on open strike, including oil and gas fields

… off in all the desert oil and gas fields until the government … all public facilities and the oil and gas sectors. On Tuesday, the … country’s area and includes oil fields that produce 40 per … cent of Tunisia’s total oil and gas production. Tunisia: Demand for … Source: EIN News Share

North Sea oil and gas heavyweight scraps big acquisition

… response to the fall in oil and gas prices this year. Premier … agreed in January. The Brent crude price has fallen from around … yesterday that the outlook for oil prices has improved in recent weeks … of supply cuts made by Opec members combined with the fact … Source: EIN News Share

Would offshore oil incentives help us right now? Be careful what you wish for

… offshore history, incentives for oil exploration come with a price … only effective solution to low oil prices will be higher prices.  … the benefits gained. Higher oil prices will be the cure for … of the oil industry change rapidly. Higher oil prices will be … Source: EIN News Share

Has oil industry already crossed the Rubicon of peak demand?

… to the coronavirus pandemic, the oil industry has been pushed to … plunge in the price of crude oil at the start of the … (IEA) forecast that average daily oil demand will drop by eight … reach astronomical levels as recoverable oil in the ground runs out … Source: EIN News Share

Global E-waste Disposal Market By Technology, Share, Demand, Growth, Opportunity, Projection Analysis Forecast 2025

PUNE, INDIA, INDIA, July 3, 2020 /⁨EINPresswire.com⁩/ —   COVID-19 Impact on Global E-waste Disposal Market – 2020-2026   ***Updated Free Sample Report Is Ready To Dispatch   Summary: E-waste Disposal Market The global E-waste … Source: EIN News Share

Dominion Energy Agrees to Sell Gas Transmission, Storage Assets to Berkshire Hathaway Energy– Strategic Repositioning Toward ‘Pure-Play’ State-Regulated, Sustainability-Focused Utility Operations

… and energy storage, gas distribution line replacement, … gigawatts of coal- and oil-fired electric generation. … River Hub), Carolina Gas Transmission, Iroquois Gas Transmission System ( … well as Iroquois Gas Transmission unconsolidated indebtedness … Source: EIN News Share

Crude Oil Flow Improvers Market Growth Analysis Top Companies Industry Overview Demand Regional Analysis and Forecast 2028

… heavy crude oil without compromising the quality. Crude oil flow … such as marine, oil & gas, industrial, construction … and Report Analysis: crude oil flow improvers market competitive … marketing strategies for global crude oil flow improvers market. … Source: EIN News Share

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Berkshire Hathaway Inc.’s Energy Company to Acquire Dominion Energy’s Gas Transmission and Storage Business

… Transmission, Questar Pipeline and Carolina Gas Transmission; and 50% of Iroquois … distribution, as well as natural gas storage, transmission, distribution, and import … IOWA INDUSTRY KEYWORD: FINANCE OIL/GAS ENERGY PROFESSIONAL SERVICES UTILITIES SOURCE … Source: EIN News Share

Oil prices mixed as coronavirus spike casts doubt on U.S. demand

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Oil prices mixed as coronavirus spike casts shadow over U.S. demand

Source: EIN News Share

U.S. Dominance In The Natural Gas Sector Is Growing

… and consumption of natural gas. Natural gas is the cleanest of … . Gas Consumption 1965 to 2019 Robert Rapier In comparison, oil grew … that natural gas isn’t as easily transported as oil, it … lot of overlap between natural gas producers and consumers. The … Source: EIN News Share

BRIEF-Moody’s Says GCC Banks’ Profits To Slide On Low Oil Prices And Pandemic

… ’ PROFITS TO SLIDE ON LOW OIL PRICES AND PANDEMIC, WHILE CAPITAL REMAINS … Source: EIN News Share

CIMB alleges Hontop had ‘suspicious’ deals with oil major BP: report

… described as ‘suspicious’ deals involving oil major BP, according to an … the money to finance two crude oil deals late last year in … into financial trouble as the oil price crashed. Here’s more from … Source: EIN News Share

CORRECTED-MOVES-Singapore’s Concord Energy hires crude oil trader from ZenRock

… to take charge of its crude oil trading business, the Singapore-based … . Lai was formerly a senior crude oil trader at Singapore-based ZenRock … it was hit by tumbling oil prices and the coronavirus pandemic. (Reporting … Source: EIN News Share

Fine Art Shippers to Partner with AGS Cargo in Brazil

Fine Art Shippers is pleased to announce that we have joined forces with AGS Cargo to provide an extended range of art logistics services in Brazil. NEW YORK, NY, UNITED STATES, July 5, 2020 /⁨EINPresswire.com⁩/ — Fine Art Shippers is pleased to … Source: EIN News Share

MOVES-Singapore’s Concord Energy hires crude oil trader from ZenRock

… to take charge of its crude oil trading business, the Singapore-based … . Lai was formerly a senior crude oil trader at Singapore-based ZenRock … it was hit by tumbling oil prices and the coronavirus pandemic. (Reporting … Source: EIN News Share

COVID-19 Spike Prompts Mixed Oil Prices as U.S. Demand Stays Frail

By Bryan Wong Investing.com – Oil prices were mixed on Monday morning … a pledge by OPEC and Russia to extend oil production cuts by … million bpd until December. Brent oil futures rose 0.19% to … Source: EIN News Share

Brent Oil Advances as Upbeat Economic Data Offsets Surging Cases

(Bloomberg) — Brent crude rose in Asia as … S. crude stockpiles last week and plunging output from OPEC producers … the scaleback of production by OPEC+ nations. The producers are … Sinking refinery profits even as oil prices recovered from a historic drop … Source: EIN News Share

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Second Covid Wave Could Send Oil Prices Into “Tailspin”

… possibility of another hit to crude demand, throwing all the scenarios … any magnitude will send the oil price into a tailspin, whether swift … presents quite a conundrum for OPEC+. The one-month extension … to unwind production cuts. “OPEC will not hold back for … Source: EIN News Share

Commodities Week Ahead: Oil Rallies Beyond $40; Gold Keeps Focus On $1800

… those who are long crude. US crude stockpiles dropped by 7 … Russia-assisted OPEC+ alliance of some two dozen oil exporters … decline in US crude stockpiles and the OPEC+ cuts provide an … resurgence of the virus. “Oil prices seem evenly balanced between opposing … Source: EIN News Share

Group wants direct payment of derivation fund to oil-producing communities

… as “illegal,” with oil and gas being on the Exclusive … and exclusively for the oil/gas producing communities primarily, as … as a result of oil/gas exploration and production activities … Assemblies to legislate on oil/gas – 13% derivation fund … Source: EIN News Share

Poland and Germany to cut Russian pipeline oil imports in July -traders

… purchases of Russian flagship Urals crude blend via the Druzhba … Russian mid-sized oil producer Tatneft will halt oil supplies to … . Traders also said Russian oil exports to Slovakia and Hungary … and Transneft, Russia’s oil pipeline monopoly, did not reply … Source: EIN News Share

Energy Giants Cancel Controversial $8B Atlantic Coast Gas Pipeline

… build the 600-mile natural gas pipeline between West Virginia … 12 process for constructing new oil and gas pipeline water crossings. Although … applies to all other oil and gas pipeline projects in the … the project's proposed gas-fired turbines “The costly … Source: EIN News Share

Bazaruto, Mozambique: Greens victorious as Sasol ditches Africa sea paradise gas-drilling plan

… Sasol has abandoned a controversial gas-drilling venture on the doorstep … CLOSE The South African oil and gas giant drilled two deep- … turned out to have poor gas deposits and the company … experiments as part of a gas and oil exploration project which required … Source: EIN News Share

Human Brain Project announces new phase

• The HBP presents its pioneering new Infrastructure EBRAINS to jumpstart a new era in neuroscience BRUSSELS, BELGIUM, July 4, 2020 /⁨EINPresswire.com⁩/ — • The HBP is targeting brain networks, their role in consciousness, and artificial … Source: EIN News Share

Tethys Oil signs new exploration block onshore Oman

… the Sultanate adjacent to Tethys Oil’s operated exploration licence Block … 49. Tethys Oil will through its wholly owned … Al Rumhi, Minister of Oil and Gas on behalf of the Government … In case of a commercial oil or gas discovery, the EPSA will … Source: EIN News Share

Iran scales up non-oil production

… in natural gas reserves and fourth in proven crude oil reserves. … Iranian history, non-oil exports have exceeded oil exports. In … part of boosting Iranian non-oil production, Iranian Industry, Mining … to minimize dependence on oil revenues and strengthen its … Source: EIN News Share

KT edit: Oil demand will pick up after the health crisis is contained

Oil and gas industry experts were forecasting demand for oil would peak by … , demand for oil is likely to return. For now, Opec has lowered … JP Morgan notes that global oil oversupply is expected to reverse … #39;t suggest that the oil era is over. Demand has … Source: EIN News Share

$3bn loans: 27 indigenous oil firms fret as banks begin recovery

… Covid-19 for the Oil and Gas sector in Nigeria,”  declared … ) takeover of Pan Ocean Oil Gas company with all its assets … of crude oil and 90 million standard cubic feet of gas per … the companies.     Lagos-based oil and gas businessman, Dr. Festus Fadeyi, … Source: EIN News Share

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Businessmen denounce gas subsidy to RLNG fertiliser plants

… over its decision to provide gas on subsidised rates to … mega re-gasified liquefied natural gas (RLNG)-based fertiliser plants, … Committee had decided to provide gas at Rs756 per million … will be higher as actual crude oil prices are rising. The decision will … Source: EIN News Share

Days before Assam fire, OIL cleared curbs to get nod for project inside national park

… imagine the impact of gas and oil spills from these wells … Baghjan 5 erupted with gas and crude oil, and burst into flames … this January, shifting all oil and gas exploration projects to the … the “existence of crude oil and natural gas in the immediate vicinity … Source: EIN News Share

Forget Occidental Petroleum, ConocoPhillips Is a Better Oil Producer Stock to Buy Right Now

… From wellhead to gas station, the oil business has seen … the pandemic hit, and oil prices briefly went negative before rebounding … barely profitable, for many oil and gas producers. Occidental's … is the largest independent oil and gas producer. The company… Source: EIN News Share