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SIBCON 2018
 
Marintec Indonesia 2018
 
OSEA 2018
1. News on Oil Prices
 20 August 2018 : Crude futures settle higher on possible threats to supply  {hellenicshippingnews.com}
ICE Brent settled 40 cents higher at $71.83/b, while September NYMEX crude settled 45 cents higher at $65.91/b with concerns about global production . . .
 20 August 2018 : NOC hikes fuel prices  {thehimalayantimes.com}
Nepal Oil Corporation has raised prices of petrol, diesel, kerosene and aviation turbine fuel with effect from Monday . . .
 20 August 2018 : Domestic fuel prices to drop this week  {focustaiwan.tw}
Taiwan's domestic gasoline and diesel prices will be lowered by NT$0.1 and NT$0.2 per liter, respectively, this week . . .
 20 August 2018 : Black Hills fixed gas price lower this year  {journalstar.com}
Customers who want to lock in the price they pay for natural gas this winter will be able to do so for a slightly lower cost . . .
 20 August 2018 : Jet fuel dips back below $90 as oil prices eases slightly...  {gulf-times.com}
Jet fuel dipped back below $90 a barrel as oil prices eased slightly in July, but the upward trend remains in place, IATA has said in a report . . .
 20 August 2018 : Oil dips on concerns of slowing economic growth  {Reuters}
International Brent crude oil futures LCOc1 were at $71.78 per barrel at 0019 GMT, down 5 cents from their last close . . .
 19 August 2018 : San Diego County gas prices drop to lowest amount since April  {timesofsandiego.com}
The average price of a gallon of self-serve regular gasoline in San Diego County dropped one-tenth of a cent Saturday to $3.585, its lowest . . .
 19 August 2018 : Azerbaijani oil prices for Aug. 13-17  {azernews.az}
Average price of AZERI LT CIF, extracted at Azerbaijan's Azeri-Chirag-Gunashli block of fields, was $73.06 per barrel on Aug. 13-17 or $1.18 less than . . .
 19 August 2018 : Oil prices fall week on week amid trade war, sanctions, sluggish growth  {rudaw.net}
Global markets have been spooked by the week on week fall in the price of oil caused by several ongoing trade disputes, slow economic growth . . .
 19 August 2018 : Oil prices settle lower while active drilling rig count remains...  {xinhuanet.com}
The number of active drilling rigs in the United States remained unchanged at 1057, or 111 more than this time last year, showed weekly data . . .
More news on Oil Prices | ^Jump to the top^  
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2. Rig News
 18 August 2018 : U.S. oil drilling rig count holds steady this week -Baker Hughes  {Economic Times}
U.S. energy companies kept the oil rig count unchanged this week amid a steady decline in crude prices, which hit a near two-month low earlier this week . . .
 17 August 2018 : Chevron takes option on Shelf Drilling jackup  {splash247.com}
Dubai-based Shelf Drilling have announced that Chevron has taken up a six-month contract extension option on 2008-built jackup rig . . .
 17 August 2018 : Surge of drilling fluid preceded fatal Oklahoma rig explosion...  {chron.com}
More than 100 barrels of drilling fluid poured out of a natural gas well before it ignited and killed five people, a volume of fluid that should have triggered alarms . . .
 17 August 2018 : DNO accelerates Kurdistan development  {ogj.com}
Norwegian operator DNO ASA will ramp up activity in the Kurdistan region of Iraq where fast track development of the Peshkabir field . . .
 16 August 2018 : Permian adds 6 oil drilling rigs despite bottleneck concern  {nasdaq.com}
Baker Hughes data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil and gas industry . . .
 15 August 2018 : Pioneer using 3.0 completions for 2018, upping...  {northamericanshalemagazine.com}
Pioneer Natural Resources posted a strong second quarter as it continues its move to become a Permian pure-play operator after selling assets in . . .
 15 August 2018 : US drillers add most oil rigs since May — Baker Hughes  {hellenicshippingnews.com}
US energy companies this week added the most oil rigs since May as drillers follow though on plans to spend more on exploration and . . .
 15 August 2018 : Workers at Total's North Sea oil rigs to meet company, set new strike dates  {Reuters}
Workers at three of French oil company Total’s North Sea oil platforms will meet the company on Thursday for further negotiations over working . . .
 14 August 2018 : Sound Energy mobilises rig for new Tendrara well  {proactiveinvestors.co.uk}
Sound Energy PLC has sharpened investor attention as it announced that mobilisation has now begun for its first new well for the Tendrara project area in Morocco . . .
 14 August 2018 : Cantium contracts Rowan jack-up  {marinelink.com}
The contract is expected to commence in early November 2018. The EXL III is currently under contract with Cantium in the U.S. Gulf of Mexico . . .
More rig news | ^Jump to the top^  

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3. News on Oil Exploration
 20 August 2018 : Derbyshire fracking exploration gets green light  {newcivilengineer.com}
The appeal is allowed and planning permission is granted for the construction of a well site and creation of a new access track . . .
 20 August 2018 : HPCL arm Prize Petroleum takes a ₹ 24.41 crore hit  {livemint.com}
Bad prospects have forced state-run Hindustan Petroleum Corp. Ltd (HPCL) to relinquish 19 of its 21 exploration and production blocks . . .
 20 August 2018 : Carnarvon Petroleum Dorado discovery one of the largest...  {proactiveinvestors.com.au}
Carnarvon Petroleum Limited confirms that the discovery of 171 million barrels of oil within the Dorado structure is one of the largest oil resources . . .
 19 August 2018 : Likely Philippines-China joint exploration for oil and/or natural...  {mb.com.ph}
A distinct likely prospect now is the signing next month of a Philippines-China framework agreement for joint exploration for hydrocarbons, for . . .
 19 August 2018 : Rainbow Warrior sailing to NZ to make oil history  {newsie.co.nz}
The world famous Greenpeace flagship Rainbow Warrior is on its way to New Zealand for a tour of the country to celebrate the Government’s . . .
 18 August 2018 : Frontera confirms hydrocarbons in Colombia’s Llanos 25 block  {ogj.com}
Frontera Energy Corp., Toronto, has confirmed the presence of hydrocarbons on the wholly owned and operated Llanos 25 block onshore Colombia . . .
 18 August 2018 : Israel's offshore blocks reserve could prompt change...  {spglobal.com}
The five new Israeli offshore blocks awarded last year to Energean have a potential reserve of 126 Bcm, according to an initial analysis . . .
 18 August 2018 : CNREM renews call for adoption of PNDC Law 84 in oil exploration  {ghanaweb.com}
The Centre For Natural Resources and Environmental Management, CNREM, has reiterated its call for the rejection of the current Production Sharing Agreement . . .
 18 August 2018 : Dorado oil find may spur further exploration  {offshore-mag.com}
Wood Mackenzie has issued some thoughts on Quadrant Energy’s recent Dorado oil discovery in the Bedout basin offshore Western Australia . . .
 17 August 2018 : Eni wins new exploration licence offshore Egypt  {tradearabia.com}
Italian oil major Eni said that a new concession agreement, aimed at governing an offshore exploration licence in the prolific East Nile Delta Basin . . .
More news on Oil Exploration | ^Jump to the top^  
 
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4. News on Oil Demand and Oil Consumption
 19 August 2018 : Aramco committed to meeting future oil demand, says...  {maritime-executive.com}
Saudi state oil giant Saudi Aramco remains committed to meeting future oil demand through continued investments, the kingdom’s Energy . . .
 18 August 2018 : Mideast oil demand outlook remains positive for 2018-19  {thepeninsulaqatar.com}
The outlook for 2018 and 2019 Middle East oil demand is positive, with risks skewed to the downside. Some factors that may curb oil demand . . .
 17 August 2018 : Turkey raises consumption tax on fuel - Official Gazette  {Reuters}
Turkey raised the special consumption tax on petrol and diesel fuel, which was lowered in May to offset rise in prices, the country’s Official Gazette said on Thursday . . .
 11 August 2018 : India's fuel demand rises 7.4% in July, consumption stands...  {business-standard.com}
Consumption of fuel, a proxy for oil demand, totalled 17.06 million tonnes, data from the Petroleum Planning and Analysis Cell of the oil ministry showed . . .
More Oil Demand News  | More Oil Consumption News  | ^Jump to the top^  
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5. News on Oil Output
 20 August 2018 : New terms to govern Joint Saudi-Kuwait Khafji oil field  {arabtimesonline.com}
As Saudi Arabia and Kuwait are said to have reached an initial agreement over the potential resumption of production from Al-Khafji field . . .
 20 August 2018 : Romania’s crude oil production down 2.9 pct in H1 2018  {business-review.eu}
Data from the National Institute of Statistics shows that Romania imported about 4.18 million tonnes of oil equivalent of crude oil . . .
 20 August 2018 : Restoring peace in Niger Delta for improved oil output  {independent.ng}
Over the years, the dynamics of the security situation in the oil-rich Niger Delta had compelled the Nigerian military high command . . .
 20 August 2018 : Vedanta to invest $2.3 billion in near term on oil and gas  {moneycontrol.com}
Vedanta aims to increase production from the current 200,000 barrels of oil equivalent per day to 300,000 Barrels of oil equivalent per day . . .
 19 August 2018 : Total to boost its Nigeria output  {financialtribune.com}
F rench supermajor Total will increase Nigeria’s oil production by 200,000 bpd by the end of the year, a senior official from the local unit of . . .
 19 August 2018 : Oman oil output rises to 975,500 bpd in July, ministry says  {zawya.com}
Oman's crude oil and condensate production averaged 975,500 barrels per day in July, the oil ministry said in tweets on its official account on . . .
 18 August 2018 : Saudi Aramco's 2017 oil output falls from record high  {arabianbusiness.com}
Saudi Arabian Oil Co, the world’s largest crude exporter, said its production last year fell from the annual record it reached in 2016 . . .
 18 August 2018 : Angola unveils new oil regulator in restructuring of Sonangol  {hellenicshippingnews.com}
Angola will set up a new regulator for the country’s oil industry as the government restructures state-owned Sonangol . . .
 18 August 2018 : Lukoil doubles gas production in Uzbekistan  {azernews.az}
Russia’s oil giant LUKOIL doubled its gas production in Uzbekistan in January-June 2018, the press service of the company reported . . .
 18 August 2018 : SDX Energy announces successful production test...  {youroilandgasnews.com}
SDX Energy, the North Africa focused oil and gas company, has announced that a successful production test has been conducted at its SD-3X appraisal well . . .
More Oil Output News  | ^Jump to the top^  
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6. News on Oil Transportation
 20 August 2018 : Judge orders new federal review of Keystone XL pipeline  {cherokeephoenix.org}
A federal judge has ordered the U.S. State Department to conduct a more thorough review of the Keystone XL oil pipeline's proposed pathway . . .
 20 August 2018 : U.S. approves Cheniere bid to feed first gas to Texas...  {kallanishenergy.com}
The Federal Energy Regulatory Commission last week approved a request by Cheniere Energy to feed the first natural gas into its new liquefied natural gas . . .
 20 August 2018 : Hoegh LNG to supply floating LNG terminal to Australian...  {reuters.com}
Norway’s Hoegh LNG has won a tender to supply a floating LNG import terminal for a consortium aiming to import liquefied natural gas . . .
 20 August 2018 : Mideast gasoline appetite draws in fresh shipments from Europe, Asia  {spglobal.com}
The bullish East of Suez gasoline market was drawing fresh gasoline barrels from Europe and Asia following supply woes at a time of robust demand . . .
 20 August 2018 : Iran says no OPEC member can take over its share of oil exports  {Reuters}
Iran told OPEC on Sunday no member country should be allowed to take over another member’s share of oil exports . . .
 20 August 2018 : Turkey's crude oil imports from Iran down by more than 70 pct in June  {dailysabah.com}
Turkey's crude oil imports from Iran decreased by approximately 71 percent in June before U.S. sanctions targeting the Iranian energy sector . . .
 20 August 2018 : Canada’s pipeline crisis is a boon for Russia  {oilprice.com}
The controversy of the Trans Mountain pipeline expansion projects has so far focused more on the implications of the project’s delay . . .
 20 August 2018 : Iran says it is seeking solution to sell oil and transfer revenues...  {Reuters}
Iran’s vice president said on Sunday the government was seeking solutions to sell oil and transfer its revenues . . .
 19 August 2018 : China imports large quantities of Texas oil, gas  {timesrecordnews.com}
Even though recent international events may create questions about the future demand for petroleum, the domestic oil and gas industry has . . .
 19 August 2018 : Chinese oil importers shun US crude despite tariff reversal  {gulfnews.com}
Chinese oil importers are shying away from buying US crude as they fear Beijing’s decision to exclude the commodity from its tariff list in a . . .
More Oil Transportation News  | ^Jump to the top^  
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7. News on Oil companies
 20 August 2018 : ONGC repays a third of loan taken to buy HPCL  {Economic Times}
State-owned Oil and Natural Gas Corp will not sell its stake in IOC and GAIL in the near future as it has used internal resources . . .
 19 August 2018 : Oil giants flex muscles over Lagos property  {vanguardngr.com}
Ascon Oil Company Limited and Mobil Oil Nigeria Plc, now 11 Plc, are at loggerheads over a piece of land in Gbagada, Lagos. The indigenous oil . . .
 15 August 2018 : Colombia's Ecopetrol net profit rises 170 percent on higher crude  {Reuters}
Ecopetrol SA, Colombia’s state-run oil company, said on Tuesday its second-quarter net profit rose to 3.5 trillion pesos ($1.17 billion), up . . .
 15 August 2018 : Australia's Woodside Petroleum half-year profit rises  {Reuters}
Australia’s Woodside Petroleum Ltd said on Wednesday that its first-half net profit rose 6 percent and it raised its 2018 production outlook after . . .
 14 August 2018 : Oil India Q1 profit jumps 56% to Rs 703 crore   {Economic Times}
State-owned Oil IndiaNSE -1.69 % Ltd today reported 56 per cent jump in the June quarter net profit on higher oil prices . . .
 13 August 2018 : Anadarko announces $2.5b for Mozambique companies  {journalducameroun.com}
US oil and gas producer Anadarko Petroleum Corp has announced that it will provide $2.5 billion to cover contracts with local suppliers in Mozambique . . .
 13 August 2018 : Q1 results: Indian Oil profit jumps 50% on inventory gains  {livemint.com}
Indian Oil Corp. Ltd, the nation’s biggest oil firm, has reported a 50% jump in June quarter profit as inventory gains negated lower refining margins . . .
 12 August 2018 : Iran: China’s state-owned energy CNPC takes over French Total  {inquirer.net/}
Iran’s official IRNA news agency is reporting that China’s state-owned petroleum corporation has taken a majority share of the country’s . . .
 11 August 2018 : Trans Mountain would still be profitable even if costs rise 26%  {oilprice.com}
The Trans Mountain Expansion Project would still be profitable even if costs rise by around 26 percent, according to an analysis . . .
 9 August 2018 : Occidental Petroleum’s profit beats expectations on rising oil price  {epmag.com}
U.S. oil producer Occidental Petroleum Corp. posted a better-than-expected quarterly profit on Aug. 8 as rising crude prices helped offset a production dip . . .
More news on oil companies  | ^Jump to the top^  
8. Oil Contracts
 20 August 2018 : Chevron signs deal on field development with Basra Oil Company  {thenational.ae}
Iraq’s Basra Oil Company and Chevron signed an agreement to start oilfield development, with plans for a new energy company and a refinery . . .
 18 August 2018 : PNG-LNG project signs sales agreement with BP  {ogj.com}
The ExxonMobil Corp.-led PNG-LNG project joint venture in Papua New Guinea has signed another midterm LNG sale and purchase agreement . . .
 17 August 2018 : Antioch Energy signs produced water agreement  {newsok.com}
Oklahoma City-based Antioch Energy LLC has reached a deal with WaterBridge Resources LLC of Houston to handle water produced . . .
 16 August 2018 : Egypt extends offshore Nile Delta gas agreement  {offshore-mag.com}
According to Eni, this allows a 10-year extension of the 203-sq km Abu Madi West development lease where the shallow-water Nooros gas field is located . . .
 15 August 2018 : Diamondback to buy Energen in $8.4 Billion Permian oil deal  {bloombergquint.com}
Diamondback Energy Inc. agreed to buy Energen Corp. in an $8.4 billion all-stock deal, the latest in more than $20 billion in acquisitions over . . .
 13 August 2018 : Landmark Caspian Sea oil and gas agreement signed by five nations  {irishtimes.com}
Iran and four ex-Soviet states, including Russia, agreed in principle on Sunday how to divide up the potentially huge oil and gas resources of the Caspian Sea . . .
 13 August 2018 : Alabama-based oil company completes deal for having more...  {dominionpost.com}
An Alabama-based oil company no owns 11,000 gas wells previously belonging to EQT Corp. following a $575 million agreement . . .
 12 August 2018 : Mozambique : New gas exploration contracts could be signed...  {allafrica.com}
Mozambique is on the cusp of a new wave of prospecting for gas and oil with the imminent adoption of revised model gas contracts. In . . .
 11 August 2018 : Essar signs contract with GAIL for offtake of Raniganj CBM output  {Economic Times}
Essar Oil & Gas Exploration and Production Ltd today said it has signed a Gas Sale and Purchase Agreement with state-owned gas utility GAIL India . . .
 10 August 2018 : Tatweer Petroleum lets contract to expand gas production  {ogj.com}
Tatweer Petroleum, a subsidiary of the National Oil & Gas Authority of Bahrain’s business development and investment arm NOGA Holding Co . . .
More news on oil contracts  | ^Jump to the top^  
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9. News on Oil stocks
 18 August 2018 : Japan's Mitsubishi to acquire 25 per cent stake in Bangladesh...  {Economic Times}
Japan's Mitsubishi Corp on Friday said it has agreed to acquire 25 percent of Bangladesh's Summit Liquefied Natural Gas terminal . . .
 18 August 2018 : Denmark's Maersk to spin off drilling, hand Total shares to investors  {Reuters}
A.P. Moller-Maersk said on Friday it would spin off its offshore drilling operation and list it in Copenhagen next year . . .
 17 August 2018 : Sun Petrochemicals in the race to buy Assam Oil company  {livemint.com}
The Amguri field in the Assam-Arakan basin is held by Assam Oil Company, ACIL’s oil and gas division. Amguri is currently not a producing field . . .
 16 August 2018 : Sinochem looks to sell refinery stake ahead of $2b energy unit IPO  {oilprice.com}
China’s Sinochem is in advanced talks with state energy giant PetroChina to transfer its stake in an indebted refinery . . .
 16 August 2018 : ONGC in talks to buy five GSPC blocks  {livemint.com}
The country’s largest oil exploration and production company, Oil and Natural Gas Corp. Ltd, is in talks to buy five blocks . . .
 15 August 2018 : Carrizo Oil and Gas announces public offering of common stock  {Market Watch}
Carrizo Oil & Gas, Inc. CRZO, +2.70% today announced that it has commenced, subject to market and other conditions, an underwritten . . .
 14 August 2018 : Malaysia’s Petronas acquires 30% equity in Senegal Oil, gas block  {epmag.com}
Malaysian oil and gas company Petroliam Nasional Bhd said on Aug. 13 it has acquired a 30% stake in Senegal’s Rufisque Offshore Profond Block . . .
 13 August 2018 : PVN plans stake cut to 36% in PVD  {vietnamnews.vn}
PetroVietnam has proposed the Ministry of Industry and Trade approve the reduction of its ownership in PetroVietnam Drilling . . .
 12 August 2018 : JKX Oil & Gas board probes mysterious move by Ukrainian...  {thisismoney.co.uk}
The London-listed oil company JKX Oil & Gas is scrambling to find out why a Ukrainian MP has quietly become its second largest shareholder in . . .
 10 August 2018 : Sweetener puts Risco close to gaining Tap Oil  {thewest.com.au}
The battle for control of Tap Oil appears to be over, with the board of the energy junior swinging behind a sweetened $39 million . . .
More news on oil stocks  | ^Jump to the top^  

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10. News on Oil Pollution
 20 August 2018 : Shell says it recovers 95% spilled oil in Bayelsa...  {premiumtimesng.com}
Shell Petroleum Development Company of Nigeria Limited says it has recovered more than 95 per cent of spilled oil . . .
 20 August 2018 : Pipeline company promotes landfarming to clean up ND oil spills  {grandforksherald.com}
A company that operates oil pipelines in North Dakota is promoting an alternative method to cleaning up spills: introducing bugs to contaminated soil . . .
 18 August 2018 : Illinois oil refinery to upgrade in Wood River pollution settlement  {fox2now.com}
A southwestern Illinois oil refinery will spend nearly $11 million on pollution controls in settling a federal lawsuit accusing it of excessive dangerous chemical emissions . . .
 17 August 2018 : Closing arguments begin in Plains All American oil spill trial  {ksby.com}
The Texas company owns the oil pipeline that spilled more than 140,000 gallons of crude oil near Refugio State Beach on May 19, 2015 . . .
 16 August 2018 : Nexen reports 270,000-litre pipeline spill of produced water...  {theglobeandmail.com}
A month after being ordered to pay $750,000 in fines related to a 2015 pipeline leak, Nexen Energy is reporting a spill of 270,000 litres . . .
 16 August 2018 : Enbridge oil spill insurance inadequate, Minnesota regulators say  {startribune.com}
nbridge’s insurance coverage for oils spills is deficient and doesn’t comply with conditions required for the company to build its new Line 3 pipeline . . .
 16 August 2018 : UK firm pays Rs 168 crore for Chennai oil spill  {dnaindia.com}
The Directorate General of Shipping’s inquiry into last year’s ship collision off Chennai has found the Captain of BW Maple guilty . . .
 16 August 2018 : Pertamina investigates cause of oil spill in Wayame  {en.tempo.co}
State-owned oil and gas company Pertamina is investigating the cause of oil spill at its fuel terminal in Wayane, Ambon, Maluku . . .
 15 August 2018 : 700 gallons of oil spills in Yaquina Bay  {koin.com}
Approximately 700 gallons of diesel fuel spilled into Newport's Yaquina Bay on Tuesday morning, according to the US Coast Guard. Coast . . .
 14 August 2018 : Bulgaria acts against heavy fuel oil spill from sunken ship off Sozopol  {sofiaglobe.com}
Special barriers have been placed in Bulgaria’s Black Sea coast off Sozopol after authorities were alerted that heavy fuel oil was leaking . . .
More Oil Pollution news  | ^Jump to the top^  
11. OPEC News
 18 August 2018 : U.S. oil gains offsetting OPEC losses  {upi.com}
U.S. oil production is offsetting OPEC losses and keeping oil prices in check, though trends in fuel supplies are indicative of negativity, a trade group said . . .
 17 August 2018 : OPEC price stands at USD 69.77 pb  {menafn.com}
Price of OPEC's 14-crude basket went down USD 1.56 on Wednesday to reach USD 69.77 per barrel, compared with USD 71.33 pb last Tuesday . . .
 17 August 2018 : OPEC: Iran oil output hits 3.806 million bpd in July  {albawaba.com}
According to OPEC’s latest monthly report published on August 13, oil production in Iran stood at about 3.737 million barrels per day in July . . .
 16 August 2018 : Iran oil minister to press OPEC on production quotas  {oilprice.com}
Iran’s Oil Minister Bijan Zanganeh will attend the September meeting of the Joint Ministerial Monitoring Committee of OPEC and Russia . . .
 14 August 2018 : OPEC price stands at USD 70.60 pb  {kuna.net.kw}
Price of OPEC's 14-crude basket went down USD 1.43 on Friday to reach USD 70.60 per barrel compared with USD 72.03 pb . . .
 14 August 2018 : OPEC boosted output in July  {mrt.com}
The bloc's output averaged 32.32 million barrels a day in July, up 41,000 barrels a day from June, the group said in its monthly oil market report . . .
 12 August 2018 : OPEC mulls 1 million-barrel oil production increase  {brookvilletimes.com}
Saudi Arabia‘s oil minister says officials from major crude-producing nations will discuss a proposal to increase output by about 1 million barrels per . . .
 11 August 2018 : OPEC crude basket declines, still over $72  {laht.com}
The basket of crude oil used as a benchmark indicator by the Organization of Petroleum Exporting Countries fell to $72.03, the OPEC Secretariat said on Friday . . .
 11 August 2018 : Azerbaijan reports on implementation of OPEC + deal for July  {azernews.az}
Azerbaijan presented data on its daily oil production in July 2018 to the OPEC Joint Technical Committee as part of the Vienna Agreement . . .
 11 August 2018 : Zanganeh: OPEC may need extraordinary meeting over output changes  {iranoilgas.com}
Iran's Oil Minister Bijan Namdar Zanganeh said OPEC may need to hold an extraordinary meeting, if the organization of oil producers fails . . .
More OPEC News  | ^Jump to the top^  
12. General Oil News
 19 August 2018 : Top oil hedge funds suffer big losses after July price plunge -sources  {Economic Times}
Two of the world's largest energy-focused hedge funds, Andurand Capital and BBL Commodities, suffered double-digit percentage losses in . . .
 19 August 2018 : Russian oil industry now self-reliant enough to weather US ...  {pakobserver.net}
Stiff new US sanctions against Russia would only have a limited impact on its oil industry because it has drastically reduced its reliance on . . .
 18 August 2018 : Sudan wants ONGC Videsh to withdraw arbitration over oil...  {Economic Times}
Sudan has asked ONGC Videsh Ltd to withdraw its case against the African nation in an international arbitration court . . .
 18 August 2018 : India’s Reliance declares force majeure at major export refinery  {oilprice.com}
Profit margins from gasoline refining in Asia jumped to one-year highs after Indian refiner Reliance Industries declared on Wednesday . . .
 17 August 2018 : US Pinnacle completes Texas oil and gas projects, starts building crude facility  {icis.com}
US Pinnacle Midstream has completed multiple oil and gas gathering and processing projects in the Delaware Basin of West Texas . . .
 16 August 2018 : CNPC-invested oil refinery in Kazakhstan puts second phase...  {xinhuanet.com}
An oil refinery in Kazakhstan with a 50 percent stake by the China National Oil and Gas Exploration and Development Corporation . . .
 16 August 2018 : The $80 billion megaproject splurge in oil  {oilprice.com}
The oil and gas industry has been in recovery mode for at least a year now, and although the improvement in performance is clearly there . . .
 15 August 2018 : North Dakota lawmakers propose oil and gas tax tweaks  {wdaz.com}
North Dakota lawmakers of the interim Energy Development and Transmission Committee heard proposed adjustments Tuesday to the state's oi . . .
 15 August 2018 : Wyoming oil and gas commission fines firm $20,000 for failing...  {kpvi.com}
Public perception weighed on the Wyoming Oil and Gas Conservation Commission on Tuesday as the group that includes the governor and . . .
 14 August 2018 : Workers at Total North Sea oil platforms start 12-hour strike  {epmag.com}
Workers at three of Total’s North Sea oil and gas platforms began a 12-hour strike at 11:00 GMT Aug. 13, as planned . . .
More General Oil News  | ^Jump to the top^  
13. News on Biofuels
 19 August 2018 : Six states account for 72 percent of U.S. fuel ethanol production   {theindependent.com}
The U.S. Energy Information Administration reported Wednesday that six states accounted for 72 percent of U.S. fuel ethanol production in . . .
 18 August 2018 : USDA solicits applications for REAP funding  {ethanolproducer.com}
The USDA’s Rural Business-Cooperative Service is soliciting fiscal year 2019 applications for the Rural Energy for America Program . . .
 18 August 2018 : UNICA: Sales of hydrous ethanol sets a new record  {ethanolproducer.com}
UNICA, the Brazilian sugarcane association, recently announced that sales of hydrous ethanol set a new record during the second half of July . . .
 18 August 2018 : ACE releases white paper on low carbon benefits of corn ethanol  {ethanolproducer.com}
The Renewable Fuel Standard was enacted, in part, to drive innovation and production of low carbon biofuels that reduce greenhouse gas emissions . . .
 17 August 2018 : Grassley: EPA not pursuing plan to attach RINs to biofuel exports  {ethanolproducer.com}
The U.S. EPA is no longer considering a plan would allow renewable identification numbers (RINs) to be applied to exported volumes of biofuels . . .
 17 August 2018 : Gevo to deploy Shockwave technology at Luverne plant  {ethanolproducer.com}
Gevo Inc. recently announced that it has entered into two separate operating leases and service agreements with Shockwave LLC . . .
 17 August 2018 : US ethanol shippers face challenges finding truckers to haul product  {spglobal.com}
US ethanol producers and marketers have found headwinds in recent weeks as truckers to haul product into major hubs have moved on to higher-paying routes . . .
 16 August 2018 : Ag groups urge Congress to quickly complete work on Farm Bill  {ethanolproducer.com}
On Aug. 13, a group of more than 150 ag groups and businesses sent a letter to leaders of the Senate Committee on Agriculture . . .
 16 August 2018 : US EIA says ethanol output dips to 1.072 million b/d while stocks build...  {spglobal.com}
US ethanol production averaged 1.072 million b/d in the week ended August 10, down 28,000 b/d week on week, Energy Information Administration data . . .
 15 August 2018 : Novozymes reports significant sales growth for bioenergy...  {ethanolproducer.com}
On Aug. 10, Novozymes released financial results for the first half of 2018, reporting 14 percent organic sales growth for its bioenergy . . .
More Biofuels News  | ^Jump to the top^  
Oil & Gas conferences in the next 60 days
^Jump to the top^
 ONS 2018 :    From 27th August to 30th August 2018 at Stavanger. Map
 ICPET 2018 : 20th International Conference on Petroleum Engineering and Technology :    From 27th August to 28th August 2018 at Paris. Map
 IADC/SPE Asia Pacific Drilling Technology Conference and Exhibition :    From 27th August to 29th August 2018 at Bangkok. Map
 2nd International Conference on Renewable Energy and Resources :    From 27th August to 28th August 2018 at Boston. Map
 SPE Artificial Lift Conference and Exhibition - Americas :    From 28th August to 30th August 2018 at Texas. Map
 Machine Learning & AI Upstream Onshore Oil & Gas 2018 :    From 29th August to 30th August 2018 at Houston. Map
 Maritime CIO Forum Tokyo :    From 29th August to 29th August 2018 at Tokyo. Map
 17th Vessel Efficiency & Fuel Management Summit :    From 29th August to 30th August 2018 at Singapore. Map
 ICEGP 2018 : 20th International Conference on Environmental Geology and Petroleum :    From 30th August to 31st August 2018 at Bangkok. Map
 LPG Philippines Summit 2018 :    From 30th August to 31st August 2018 at Manila. Map
 9th SCADA World Summit 2018 :    From 3rd September to 6th September 2018 at Singapore. Map
 World Heavy Oil Congress & Exhibition (WHOC) :    From 3rd September to 5th September 2018 at Muscat. Map
 Africa Oil & Power 2018 :    From 5th September to 7th September 2018 at Cape Town. Map
 Maritime Cyber Resilience Forum :    From 5th September to 5th September 2018 at Hamburg. Map
 10th Asia Pacific Congress Oil and Gas :    From 10th September to 11th September 2018 at Shanghai. Map
 International Conference on Oil and Gas :    From 12th September to 13th September 2018 at Singapore. Map
 OSV Chartering Contract Management Seminar :    From 12th September to 13th September 2018 at London. Map
 9th Maritime Salvage & Casualty Response :    From 12th September to 13th September 2018 at London. Map
 SPE Workshop: Oil and Gas in the East Med - From Geology to Commercialisation :    From 12th September to 13th September 2018 at Nicosia. Map
 China Smart Manufacturing – Oil, Gas &Petrochemical Summit 2018 :    From 17th September to 18th September 2018 at Shanghai. Map
 Gastech Exhibition & Conference 2018 :    From 17th September to 20th September 2018 at Barcelona. Map
 3rd Russia & CIS Gas to Chemicals Conference :    From 17th September to 18th September 2018 at Moscow. Map
 POWER-GEN Asia 2018 :    From 18th September to 20th September 2018 at Jakarta. Map
 10th Prefabrication & Modular Construction Asia Summit 2018 :    From 18th September to 21st September 2018 at Singapore. Map
 Sugar & Ethanol Africa :    From 18th September to 20th September 2018 at Nairobi. Map
 5th Cost-Effective Well Site Facilities Onshore 2018 :    From 18th September to 20th September 2018 at Houston. Map
 17th Russia & CIS Petrochemicals Technology Conference & Exhibition :    From 18th September to 19th September 2018 at Moscow. Map
 International Downstream-Tech Philippines 2018 :    From 19th September to 20th September 2018 at Manila. Map
 SPE Asia Pacific Digital Week Symposium :    From 19th September to 20th September 2018 at Kuala Lumpur. Map
 4th Uganda International Oil & Gas Summit :    From 19th September to 20th September 2018 at Kampala. Map
 18th Russia & CIS Refining Technology Conference & Exhibition :    From 20th September to 21st September 2018 at Moscow. Map
 10th Annual Process Safety Summit :    From 24th September to 27th September 2018 at Abu Dhabi. Map
 Tanzania Oil & Gas Congress 2018 :    From 24th September to 25th September 2018 at Dar Es Salaam. Map
 The 4th Malaysia Oil & Gas Services Exhibition and Conference 2018 :    From 25th September to 27th September 2018 at Kuala Lumpur. Map
 International Pipeline Expo 2018 :    From 25th September to 27th September 2018 at Calgary. Map
 Global Liner Shipping Asia :    From 25th September to 26th September 2018 at Singapore. Map
 Shipping2030 Asia :    From 25th September to 26th September 2018 at Singapore. Map
 BWMTech North America :    From 25th September to 27th September 2018 at Florida. Map
 2nd Annual Middle East Rotating Machinery Technology & Innovation Conference 2018 :    From 25th September to 27th September 2018 at Dubai. Map
 Tank Storage Asia 2018 :    From 26th September to 27th September 2018 at Singapore. Map
 Maritime CIO Forum Rotterdam :    From 26th September to 26th September 2018 at Rotterdam. Map
 The 6th Annual Arctic Exchange :    From 27th September to 28th September 2018 at Amsterdam. Map
 World Congress on Oil, Gas and Petroleum Refinery :    From 27th September to 28th September 2018 at Abu Dhabi. Map
 Malta Maritime Summit :    From 1st October to 5th October 2018 at Valletta. Map
 20th Singapore International Bunkering Conference & Exhibition :    From 2nd October to 5th October 2018 at Singapore. Map
 31st World LPG Forum :    From 2nd October to 4th October 2018 at Houston. Map
 Operational Excellence in Energy, Chemicals & Resources :    From 2nd October to 4th October 2018 at London. Map
 Cyber Security for Critical Assets (CS4CA) Summit :    From 2nd October to 3rd October 2018 at London. Map
 Breakbulk Americas 2018 :    From 2nd October to 4th October 2018 at Houston. Map
 Bulk Liquid Storage 2018 :    From 3rd October to 4th October 2018 at Cartagena. Map
 CWC Equatorial Guinea Gas Summit & Exhibition :    From 4th October to 5th October 2018 at Malabo. Map
 2nd Emergency Management for Oil & Gas Summit 2018 :    From 8th October to 11th October 2018 at Singapore. Map
 9th Global Lubricant Week 2018 :    From 9th October to 12th October 2018 at Moscow. Map
 2nd Ecowas Mining & Petroleum Forum & Exhibition :    From 9th October to 11th October 2018 at Abidjan. Map
 Basra Megaprojects Conference – Oil, Gas & Environment :    From 9th October to 10th October 2018 at Istanbul. Map
 ASIA-TECH 2018 - Asia Downstream Technology Forum :    From 9th October to 11th October 2018 at Bangkok. Map
 ASIA-BBTC 2018 - Asia Bottom of the Barrel Technology Conference :    From 10th October to 11th October 2018 at Bangkok. Map
 9th International Conference and Expo on Oil and Gas :    From 15th October to 16th October 2018 at Aurelia. Map
 World Congress on Petrochemistry and Chemical Engineering :    From 15th October to 16th October 2018 at Las Vegas. Map
 The Maritime Standard Awards 2018 :    From 15th October to 15th October 2018 at Dubai. Map
 6th Balkans Petroleum Summit :    From 16th October to 17th October 2018 at Bucharest . Map
 CWC World LNG & Gas Series: 10th Asia Pacific Summit :    From 16th October to 18th October 2018 at Singapore. Map
 GreenPort Cruise & Congress 2018 :    From 16th October to 19th October 2018 at Valencia. Map
 The Maritime Standard Tanker Conference :    From 16th October to 16th October 2018 at Dubai. Map
 Arctic Shipping Forum North America 2018 :    From 17th October to 19th October 2018 at Newfoundland. Map
 Bitumen Trading Asia 2018 :    From 17th October to 19th October 2018 at Singapore. Map
See all events | ^Jump to the top^
Oil & Gas trainings in the next 60 days
^Jump to the top^
 FPSO Operation and Maintenance (Floating Production Storage and Offloading) :   From 26th August to 30th August 2018  at  Dubai. Map
 Corrosion and Concrete Protection :   From 26th August to 30th August 2018  at  Dubai. Map
 Storage Tank Design, Construction & Maintenance :   From 27th August to 31st August 2018  at  Houston . Map
 International Oil Trading: Physical & Paper :   From 28th August to 30th August 2018  at  Singapore. Map
 Oil Trading Orientation - OTO :   From 29th August to 31st August 2018  at  Stavanger. Map
 Asset Integrity Management for the Petroleum Industry :   From 2nd September to 6th September 2018  at  Dubai. Map
 Gas Chromatography and Troubleshooting for the Oil & Gas Industry :   From 2nd September to 6th September 2018  at  Dubai. Map
 Offshore & Marine Projects and Risks Management :   From 2nd September to 6th September 2018  at  Dubai. Map
 Safety in Process Equipment Design & Operation :   From 2nd September to 6th September 2018  at  Dubai. Map
 Crisis Management & Emergency Response for the Oil and Gas Industry :   From 3rd September to 7th September 2018  at  London. Map
 Introduction to Drilling and Completion and Well Intervention :   From 3rd September to 5th September 2018  at  Kuala Lumpur. Map
 Introduction to Drilling and Completion and Well Intervention (CWI) :   From 3rd September to 5th September 2018  at  Kuala Lumpur . Map
 ISO 55000 – Asset Management International Standard :   From 5th September to 7th September 2018  at  Kuala Lumpur . Map
 Strategic Talent Management in the Oil and Gas Industry :   From 9th September to 13th September 2018  at  Abu Dhabi. Map
 The Effective Shift Team Leader in the Oil, Gas and Petrochemicals Industries :   From 9th September to 13th September 2018  at  Dubai. Map
 3 day Masterclass Global LNG :   From 10th September to 12th September 2018  at  Singapore. Map
 Evaluation of Canadian Oil and Gas Properties :   From 10th September to 14th September 2018  at  Calgary. Map
 International Financial Reporting Standards (IFRS) for the Oil & Gas Industry :   From 10th September to 14th September 2018  at  London. Map
 Project Scheduling & Risk :   From 10th September to 12th September 2018  at  Bangkok. Map
 Gas Explosion Hazards, Fire Detection and Protection Systems Design for Oil & Gas :   From 11th September to 13th September 2018  at  Singapore. Map
 International Oil Supply, Transportation, Refining & Trade :   From 16th September to 20th September 2018  at  Dubai. Map
 Leadership & Strategic Thinking in the Oil, Gas & Petrochemicals Industry :   From 17th September to 21st September 2018  at  Istanbul . Map
 Effective Leader in the Oil, Gas & Petrochemicals Industries :   From 17th September to 21st September 2018  at  Istanbul . Map
 Evaluating Tight Oil and Gas Reservoirs :   From 17th September to 21st September 2018  at  Calgary. Map
 API 510 Training - Pressure Vessel Inspector Course :   From 17th September to 21st September 2018  at  Bandung. Map
 Excellence In Plants Process Safety & Risk Management :   From 19th September to 21st September 2018  at  Singapore. Map
 Advanced Shutdown Turnaround and Start-Up (Singapore) :   From 19th September to 21st September 2018  at  Singapore. Map
 API 571 Damage Mechanisms Affecting Fixed Equipment in the Refining Industry :   From 24th September to 28th September 2018  at  Kuala Lumpur. Map
 Excellence In Plants Process Safety & Risk Management(Kuala Lumpur) :   From 24th September to 26th September 2018  at  Kuala Lumpur . Map
 Direct Fired Heaters: Their Design & Operation :   From 24th September to 26th September 2018  at  Bangkok. Map
 LNG Loading Master & Certification (Bangkok) :   From 24th September to 26th September 2018  at  Bangkok. Map
 LNG Loading Master & Certification (Kuala Lumpur) :   From 24th September to 26th September 2018  at  Kuala Lumpur . Map
 ALARP Principles & Guidelines (Kuala Lumpur) :   From 24th September to 25th September 2018  at  Kuala Lumpur . Map
 API 936 Refractory Inspection Code :   From 24th September to 26th September 2018  at  Kuala Lumpur . Map
 TUV Rheinland Functional Safety Training Program (Singapore) :   From 24th September to 27th September 2018  at  Singapore. Map
 Advanced Shutdown Turnaround and Start-Up :   From 25th September to 27th September 2018  at  Singapore. Map
 Data management for the Oil & Gas sector :   From 26th September to 27th September 2018  at  Jakarta. Map
 ICPPE 2018 : 20th International Conference on Petroleum and Petrochemical Engineering :   From 27th September to 28th September 2018  at  London. Map
 API 570 Training--Piping Inspector Course :   From 1st October to 5th October 2018  at  Kuala Lumpur . Map
 Shell and Tube Heat Exchangers : Mechanical Design (ASME/TEMA), and Considering Operation & Maintenance :   From 1st October to 5th October 2018  at  Kuala Lumpur . Map
 Oil and gas industry fundamentals :   From 2nd October to 4th October 2018  at  London. Map
 Design Considerations for Marine Terminals and Oil & Gas Marine Operating Assets :   From 7th October to 11th October 2018  at  Dubai. Map
 The 10-Day International Oil & Gas Business Management :   From 8th October to 19th October 2018  at  Houston . Map
 Leadership & Strategic Thinking in the Oil, Gas & Petrochemicals Industry :   From 8th October to 12th October 2018  at  Houston . Map
 LNG Commercial Management :   From 8th October to 12th October 2018  at  London. Map
 Effective Leader in the Oil, Gas & Petrochemicals Industries :   From 8th October to 12th October 2018  at  Houston . Map
 ALARP Principles & Guidelines(Singapore) :   From 8th October to 9th October 2018  at  Singapore. Map
 Loading Master Certificate :   From 8th October to 10th October 2018  at  Singapore. Map
 LNG Bunkering Training Course, The Med :   From 9th October to 11th October 2018  at  Barcelona. Map
 Operational Excellence: Managing Performance in the Oil & Gas Industry :   From 15th October to 19th October 2018  at  London. Map
 Petroleum Fluids and Source Rocks in E&P :   From 15th October to 17th October 2018  at  Bangkok. Map
 Advanced Basin Analysis (Africa) :   From 15th October to 17th October 2018  at  Bangkok. Map
 Advanced HAZOP Masterclass (Kuala Lumpur) :   From 17th October to 18th October 2018  at  Kuala Lumpur. Map
 Advanced Hazop Masterclass :   From 17th October to 18th October 2018  at  Kuala Lumpur . Map
 LNG Contracts Across the Value Chain - LNGVC :   From 18th October to 19th October 2018  at  Singapore. Map
See all training events | ^Jump to the top^
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