Worldoils Homepage       
Jump to : Oil Prices | Rig News | Oil Exploration | Oil Demand/Consumption | Oil Output | Oil Transportation | Oil Companies
| Oil Contracts | Oil Stocks | Oil Pollution | OPEC News | General Oil News | Biofuels
Jump to : Upcoming Oil & Gas Conferences  | Upcoming Oil & Gas Training
Advertising for Oil & Gas
Worldoils Advertisements
Marintec Indonesia 2018
 
 
1. News on Oil Prices
 15 June 2019 : RON97 now cheaper by 22 sen, current RON 95 and diesel prices...  {thestar.com.my}
The price of RON97 will decrease by 22 sen per litre while RON95 and diesel prices will remain the same for the week starting Saturday . . .
 15 June 2019 : Gas prices continue to drop in Mississippi  {wxxv25.com}
Good news for Mississippis weekend warriors if youre travelling in Mississippi, gas prices are continuing to drop. Eight of the 10 gas stations . . .
 15 June 2019 : East Texas spot natural gas prices sink to multiyear lows...  {spglobal.com}
Spot natural gas prices for the five primary East Texas natural gas benchmarks dropped to their lowest levels since November 2016 this week . . .
 15 June 2019 : Gas prices forecast to fall this summer  {kpq.com}
Currently, the average price for regular unleaded gasoline in Washington State is $3.44 per gallon, down ten cents from just a month ago . . .
 15 June 2019 : IEA sees oil demand growth falling to lowest level in years...  {cnbc.com}
The International Energy Agency slashed its estimate for global oil demand growth for the second consecutive month on Friday . . .
 14 June 2019 : Middle East crude-benchmarks edge up; Shell buys Murban  {hellenicshippingnews.com}
Shell bought 15 August Dubai partials on Platts window at $60.30 a barrel. That puts cash Dubais premium to swaps at $2.10 a barrel . . .
 14 June 2019 : US gas prices could fall below $2 per gallon in cheapest areas...  {fox2detroit.com}
The national average of gas prices has fallen for the fourth straight week, and may soon fall under $2 per gallon in some areas . . .
 14 June 2019 : Petrobras lifts frequency constraints on fuel pricing  {argusmedia.com}
Brazils state-controlled Petrobras lifted timing constraints for gasoline and diesel price adjustments, a move the company says will make it more competitive . . .
 14 June 2019 : Gas prices expected to drop below $2.00  {wtok.com}
The average price of gas in Mississippi is $2.28 a gallon, according to the site Gas Buddy, but that may not last long . . .
 14 June 2019 : Petrol, diesel prices decline on Friday; check rates here  {cnbctv18.com}
Petrol, diesel prices fell about 16-17 paise on Friday in the four major metro cities Chennai, Kolkata, Mumbai and New Delhi . . .
More news on Oil Prices | ^Jump to the top^  
Worldoils Advertisements
Mining Container Camps
Mining Housing For Workers
Prefabricated Structures and Buildings
2. Rig News
 15 June 2019 : Maersk Innovator gets Buzzard extension  {oedigital.com}
Maersk Drilling announced Friday that CNOOC has exercised a one-well option for the Maersk Innovator jack-up rig to continue infill drilling at the Buzzard field . . .
 15 June 2019 : Two more protesters arrested on oil rig bringing total to 14  {stv.tv}
Campaigners from the environmental organisation Greenpeace have been occupying the structure since Sunday evening . . .
 15 June 2019 : U.S. oil drillers cut rigs for second week in a row -Baker Hughes  {Reuters}
U.S. energy firms reduced the number of oil rigs operating for a second week in a row, with the countrys production growth expected to slow . . .
 14 June 2019 : Midstream companies prepare as Delaware Basin heats up  {mrt.com}
New Mexicos share of the Permian Basin is about to outproduce its eastern neighbor in Texas. And its because of the strong results . . .
 14 June 2019 : Drilling and service rigs facing an existential crisis  {pipelinenews.ca}
The Canadian Association of Oilwell Drilling Contractors is disappointed and frustrated with the federal governments decision . . .
 14 June 2019 : Greenpeace activists continue to occupy oil rig amid police activity  {thecanary.co}
Greenpeace said its activists remain in their position on an oil rig which was being towed out to sea, despite police attempts to remove them . . .
 13 June 2019 : DNO to decommission up to 21 wells offshore UK  {ogj.com}
DNO North Sea Ltd., a unit of DNO ASA, hired Well-Safe Solutions to decommission up to 21 UK Continental Shelf wells in Schooner and Ketch fields . . .
 13 June 2019 : Seabed oil drilling imminent as giant rig arrives  {scoop.co.nz}
Drilling in our seabed is about to start for the overseas oil giant OMV, despite the Government ban on new oil and gas permits . . .
 12 June 2019 : KS Energy signs drilling contract  {oedigital.com}
The one-stop energy services provider to the global oil and gas KS Energy announced that a consortium of PT Java Star Rig, a joint venture of KS Drilling . . .
 12 June 2019 : Cromarty Firth oil rig activists defiant despite legal move to...  {ross-shirejournal.co.uk}
The charity backing activists occupying a BP oil rig in the Cromarty Firth has been served with an interdict in an attempt to end stalemate . . .
More rig news | ^Jump to the top^  

Worldoils Advertisements
Television Mobile Broadcast Vehicles
Mobile Hospitals
Container Hospitals
3. News on Oil Exploration
 15 June 2019 : Six companies made initial best offers for Colombia oil contracts  {firstpost.com}
Six oil companies have made the initial best offers on 11 oil exploration contracts in Colombia, the government said on Friday . . .
 15 June 2019 : Southern EU leaders back Cyprus in gas dispute with Turkey  {news.yahoo.com}
Heads of European Union Mediterranean states offered full support on Friday for fellow EU member Cyprus in a dispute with Turkey . . .
 15 June 2019 : Norways oil and gas sector divestment plans span global supply chain  {spglobal.com}
Norways decision to limit its sovereign wealth funds exposure to the oil and gas sector ostensibly targets oil exploration and production companies . . .
 14 June 2019 : Egypt mulls licensing round to cover western parts of Mediterranean...  {spglobal.com}
Egypt is looking at launching a new license round for blocks in the western parts of Egypts Mediterranean waters following on from two other recent exploration rounds . . .
 14 June 2019 : Four companies intend to extract gas on Black Sea shelf  {unian.info}
Ukraines Subsoil Users Association says four companies have submitted their applications to win rights to extracting hydrocarbons . . .
 14 June 2019 : Energy expert seeks new oil and gas exploration for PHL  {businessmirror.com.ph}
The Philippines may experience regular power outages unless the country beefs up its oil and gas reserves and push for energy independence in the next few years . . .
 14 June 2019 : Largest oil field of last 30 years found in Hungary  {bbj.hu}
Hungarian Horizon Energy Kft. and TDE Services have made the largest oil field discovery in the country in the last three decades . . .
 13 June 2019 : ExxonMobil proceeds with long-term Vaca Muerta shale oil development  {spe.org}
ExxonMobil will move forward with a long-term oil development in Argentina’s Bajo del Choique-La Invernada block, part of the Vaca Muerta Shale . . .
 13 June 2019 : Jordan discovers new well in Risha gas field  {middleeastmonitor.com}
Jordan National Petroleum Company announced the discovery of a new well in the Risha gas field, east of the kingdom . . .
 13 June 2019 : Ghana to assist Guyana following oil & gas discoveries  {ghanaweb.com}
Ghana has made available free technical assistance to Guyana, following the that country’s discovery of oil and gas resources offshore . . .
More news on Oil Exploration | ^Jump to the top^  
 
Worldoils Advertisements
Ship Operations & Chartering Software
Offshore Rig Management Software
Crew Management Software
4. News on Oil Demand and Oil Consumption
 15 June 2019 : WoodMac: Argentina LNG poised to meet Asian demand  {ogj.com}
Rising natural gas production in Argentina coupled with competitive global LNG transportation costs are expected to position the country . . .
 14 June 2019 : IEA report examines natural gas demand  {dailyenergyinsider.com}
A recently released International Energy Agency report maintains natural gas demand grew 4.6 percent last year, representing its fastest yearly pace since 2010 . . .
 15 June 2019 : Global energy consumption increased strongly in 2018  {thetalkingdemocrat.com}
Despite all climate targets, global CO2 emissions grew more strongly in 2018 than in the previous seven years. This growth was partly due to extreme weather . . .
 14 June 2019 : Algeria gas pipeline provides 45% of Moroccan gas...  {moroccoworldnews.com}
Moroccos revenues from the Algerian gas pipeline crossing the countrys soil to Spain dropped from MAD 790 million in May 2018 . . .
More Oil Demand News  | More Oil Consumption News  | ^Jump to the top^  
Worldoils Advertisements

Shipping Maritime Software

5. News on Oil Output
 15 June 2019 : Kuwait ups oil production in May despite output cut policy  {zawya.com}
Kuwaiti oil production was out of tune with other OPEC members, as the GCC country increased its output by 13,000 barrels a day . . .
 15 June 2019 : North Dakota oil production flat on month in April, natural gas hits...  {spglobal.com}
North Dakota oil production averaged just over 1.391 million b/d in April, down just 572 b/d from March and down about 12,600 b/d from January . . .
 15 June 2019 : Iran oil output at lowest since 1980s  {arabnews.com}
Irans oil production has dropped to its lowest level since the 1980s as the full force of US sanctions weighed on exports . . .
 14 June 2019 : Exclusive: Russia to boost LNG output fivefold to supply Asia  {asia.nikkei.com}
Russia aims to increase its liquefied natural gas output about fivefold by 2035 to capture about 20% of the global market . . .
 14 June 2019 : Crude oil production to reach 5.86 million barrels per day by 2035: CAPP  {globalnews.ca}
The Canadian Association of Petroleum Producers is projecting Canadian crude oil production will increase by 1.27 million barrels per day to 5.86 million by 2035 . . .
 14 June 2019 : Canadian oil output growth forecast halved to 1.4% annually...  {reuters.com}
Canadian oil production will grow by 1.4% annually until 2035, the Canadian Association of Petroleum Producers forecast on Thursday . . .
 13 June 2019 : Argentina oil, gas production poised for growth, yet hurdles stand in way  {spglobal.com}
Argentina is on track for faster oil and natural gas production growth as companies enter full-scale development in the Vaca Muerta shale play . . .
 13 June 2019 : Shell plans for Knarr field closure as Norway business winds down  {spglobal.com}
Shell has started planning the closure of the last oil field it operates offshore Norway, Knarr, as it dials back its presence in the country . . .
 13 June 2019 : The US will maintain oil production despite falling prices...  {cnbc.com}
The U.S. will maintain its oil production or even ramp it up higher despite low energy prices and slowing economic growth . . .
 13 June 2019 : Budget may halve oil cess to boost production...  {hellenicshippingnews.com}
The oil sector can hope to get some relief from Budget 2019-20 with the government considering a proposal to halve the cess on domestic crude oil . . .
More Oil Output News  | ^Jump to the top^  
Worldoils Advertisements
Level 2 Field Hospitals
Tent Desert Hospitals
Mini Submarines for Sale
6. News on Oil Transportation
 15 June 2019 : Russias Kharyaga field starts gas sales  {ogj.com}
Zarubezhneft and production-sharing partners have started sales of associated sour gas at Kharyaga oil field in the Nenets Autonomous Region of northwestern Russia . . .
 14 June 2019 : Kazakhstan ready to supply oil to Belarus  {eng.belta.by}
Kazakhstan is ready to supply oil to Belarus. The matter was discussed at the government level a short while ago, BelTA learned . . .
 14 June 2019 : Tests under way to flow Israeli gas via EMG pipeline to Egypt...  {spglobal.com}
Tests to flow Israeli gas through the East Mediterranean Gas pipeline to Egypt are now under way and are expected to be concluded . . .
 13 June 2019 : Vietnams May crude oil imports jump 63% on year to 213,191 b/d  {spglobal.com}
Vietnams crude imports surged 62.9% year on year to 901,628 mt in May, preliminary data released Tuesday by Vietnam Customs showed . . .
 13 June 2019 : Nations crude oil supplies jump again as oil prices slip further  {chron.com}
The nations stockpiles of crude oil spiked again last week, another sign of excess supply in oils bear market, as prices are weighed down . . .
 13 June 2019 : India unlikely to resume Iran oil import, may talk losses with US  {hindustantimes.com}
India is unlikely to resume Iranian crude oil purchases, which stopped when exemptions to US sanctions expired on May 2 . . .
 12 June 2019 : Etinde gas export project hangs in doubt  {petroleum-economist.com}
The Etinde gas export project in Cameroon was once touted as a candidate for one of the worlds first floating LNG facilities . . .
 12 June 2019 : $1.6b pipeline proposed to move North Dakota crude oil  {oilcity.news}
Two companies are proposing a $1.6 billion pipeline to move North Dakota crude oil, making it the biggest such project in the state . . .
 12 June 2019 : TC, IEnova finish Texas-Mexico gas export line: Update  {argusmedia.com}
TC Energia and IEnovas 2.6 Bcf/d Sur de Texas-Tuxpan pipeline to add capacity for US natural gas exports to Mexico has been completed . . .
 12 June 2019 : China awards oil import licenses to four teapot refiners  {oilprice.com}
China has agreed to grant crude oil import licenses to four independent refiners. This is the first round of import license awards for independent refiners . . .
More Oil Transportation News  | ^Jump to the top^  
Worldoils Advertisements

Emergency Disaster Relief Homes

7. News on Oil companies
 13 June 2019 : Cnoocs UK business posts £1bn pre-tax profit  {energyvoice.com}
Cnooc Petroleum Europe, formerly Nexen UK, has posted its full year accounts on Companies House, with pre-tax profits of £1bn, up from £767.6m in 2017 . . .
 12 June 2019 : Trafigura profit rebounds as restructuring begins to pay off  {ft.com}
Commodity trader Trafigura has joined rivals Gunvor and Vitol in reporting a large rebound in profitability helped by oil market volatility . . .
 9 June 2019 : Occidental Petroleum Co. holdings increased by...  {rocklandregister.com}
Certified Advisory Corp lifted its position in Occidental Petroleum Co. by 120.5% in the 1st quarter, according to . . .
 8 June 2019 : Norways Equinor evacuates North Sea platform after collision...  {Reuters}
Norwegian oil and gas firm Equinor has evacuated oil workers from its Statfjord A platform in the North Sea after it was struck by a supply vessel . . .
 8 June 2019 : OMV Petrom calls for Romanian fiscal stability  {petroleum-economist.com}
OMV Petrom, the Romanian independent 51pc owned by Austrias OMV, believes Romania could develop into Europes third-largest gas producer . . .
 4 June 2019 : Verus Petroleum profits rise sharply after year of expansion  {thetimes.co.uk}
Turnover at Verus Petroleum more than doubled to $113.7 million last year and the company booked a $73.6 million pre-tax profit . . .
 3 June 2019 : Chevron seeks relief from Trumps Venezuela oil sanctions  {gulf-times.com}
Chevron Corp is lobbying the US for sanctions relief so it can continue doing business in oil-rich Venezuela where President Donald Trump . . .
 3 June 2019 : ONGC topples Indian Oil to regain most profitable PSU tag  {livemint.com}
ONGC, Indias top oil and gas producer, has toppled Indian Oil Corp to regain crown of being the countrys most profitable public sector company . . .
 1 June 2019 : Iraq agrees with U.S. oil giant to return foreign staff to Iraq  {xinhuanet.com}
The Iraqi government agreed with the U.S. Exxon Mobil oil company to return its foreign staff to Iraqs southern West Qurna 1 oilfield, an Iraqi oil official said on Friday . . .
 31 May 2019 : Marathon Oil Co. shares sold by Kornitzer Capital...  {sundanceherald.com/}
Kornitzer Capital Management Inc. KS decreased its position in Marathon Oil Co.by 2.1% in the 1st quarter, according to the company in . . .
More news on oil companies  | ^Jump to the top^  
8. Oil Contracts
 14 June 2019 : Senex signs gas sales agreement with Australian...  {manmonthly.com.au}
Senex Energy has agreed to a domestic gas sales agreement for up to 10.5 petajoules of natural gas with glass-packaging manufacturer . . .
 13 June 2019 : Petrofac secures contract with Petroleum Development Oman  {oilreviewmiddleeast.com}
Petrofac, an oilfield service provider, has secured its third project under a 10-year framework agreement with Petroleum Development Oman . . .
 12 June 2019 : Sanallah denounces parallel NOC for oil contract  {plenglish.com}
The Chairman of the Lybian National Oil Corporation, Mustafa Sanallah, has denounced on Tuesday that the parallel NOC in eastern Libya signed contracts . . .
 11 June 2019 : Saipem-led joint venture awarded Anadarkos gas project...  {pumps-africa.com}
Italian oil and gas firm, Saipem, has been awarded a US$6 billion contract to engineer and construct an onshore Liquid Natural Gas project in Mozambique . . .
 11 June 2019 : Oil cut deal possible at G20  {saudigazette.com.sa}
Saudi Arabia and Russia could agree on OPEC policy to extend oil output at G20 summit, Saudi Energy Minister Khalid Al-Falih told Russian news service Tass . . .
 10 June 2019 : Shaky peace deal bags Juba U.S.$1billion in extra oil revenues  {allafrica.com}
The shaky peace deal in South Sudan has brought with it some financial gains over the past two years, with the country reportedly making more . . .
 10 June 2019 : Expro awarded significant contract in India  {timesofoman.com}
Leading international oilfield services company, Expro, has been awarded a multi-million dollar contract for Hindustan Oil Exploration Company . . .
 10 June 2019 : Scrutinising the Aphrodite gas deal  {cyprus-mail.com}
The good news is that an agreement has been reached between the government and the Noble Energy, Delek and Shell joint venture . . .
 9 June 2019 : Russia and China sign Arctic deal  {maritime-executive.com}
Novatek, Sovcomflot, COSCO Shipping and the Silk Road Fund Co., have signed a four-party agreement to establish a . . .
 8 June 2019 : European oil majors brave sanctions risk to sign...  {spglobal.com}
European oil majors including Shell and OMV signed new cooperation deals with Russian energy companies during the St. Petersburg International Economic Forum . . .
More news on oil contracts  | ^Jump to the top^  
Worldoils Advertisements
World Oil & Gas Directory
Used Land Drilling Rigs For Sale
9. News on Oil stocks
 15 June 2019 : GE could sell its stake in dozens of startups  {crossroadstoday.com}
General Electric is already saying goodbye to some of the oldest pieces of its empire. Now, GE could unload one of the youngest parts . . .
 14 June 2019 : Firm seeks $9 bln Nigerian asset seizure over unpaid gas project...  {Reuters}
A firm incorporated in the British Virgin Islands will ask a British court on Friday for the right to seize up to $9 billion of Nigerian government assets . . .
 14 June 2019 : French energy firm Total may buy 30% stake in Adani Gas...  {cnbctv18.com}
French energy giant Total SA is likely to acquire a 30 percent stake in Adani Gas, a city gas distribution firm, for more than $800 million or Rs 5,500 crore . . .
 13 June 2019 : GAIL offers to assume Konkan LNGs debt in exchange for stake  {livemint.com}
State-run gas utility GAIL Ltd has proposed to assume the debt of about ₹4,000 crore of Konkan LNG Pvt. Ltd in lieu of receiving the lenders stake . . .
 13 June 2019 : $220bn at stake as project sanctioning gears up, says Rystad  {energyvoice.com}
Cost uncertainty for offshore oil and gas projects around the globe could be as high as $220bn over the next four years . . .
 13 June 2019 : Glencore puts Chad oil business up for sale  {ft.com}
Glencore has hoisted the for sale sign over the Chad-focused oil business it acquired five years ago as the miner and commodity trader looks to bolster . . .
 13 June 2019 : Norway to okay $1-trillion wealth funds plan to dump oil stocks  {oilprice.com}
Norways Parliament is expected to approve later on Wednesday plans by the governments US$1-trillion fund the worlds biggest sovereign wealth fund . . .
 12 June 2019 : PGNiG purchases interest in King Lear field  {oilfieldtechnology.com}
PGNiG Upstream Norway is to acquire 22.2% of shares in the King Lear field PL146 and PL333 licenses from Total E&P Norge . . .
 12 June 2019 : More than $200bn at stake as offshore sanctioning kicks...  {oilandgasmiddleeast.com}
As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices . . .
 11 June 2019 : Hartree to buy gas storage assets from Martin Midstream  {ogj.com}
Hartree Cardinal Gas LLC, a subsidiary of Hartree Bulk Storage LLC, has agreed to acquire from Martin Midstream Partners LP its membership interests . . .
More news on oil stocks  | ^Jump to the top^  

FPSO For Long Term Time Charter
10. News on Oil Pollution
 15 June 2019 : Ecologists inspect oil spill in Yakutia  {arctic.ru}
Ecologists launched an inspection of the oil spill that took place in Yakutias Mirninsky District, while the local authorities declared a state of emergency . . .
 15 June 2019 : Mysterious 150m oil spill in Christchurch creek still not cleared  {stuff.co.nz}
Environment Canterbury Banks Peninsula Gillian Jenkins said an apparent oil spill of about 150 metres in length was discovered on Lodestar Avenue . . .
 14 June 2019 : Bulgarian and Romanian ships fight oil spills in the Black Sea  {novinite.com}
Two specialized vessels, registered under Bulgarian and Romanian flags, fight oil spills in the Black Sea. They will participate in an international exercise . . .
 14 June 2019 : Port William lodge owners hit with nearly $8m oil clean-up bill  {kodiakdailymirror.com}
The two owners and a former operator of a hunting lodge in Port William on Shuyak Island have been ordered to pay nearly $8 million to the federal government . . .
 13 June 2019 : Energy regulator given a week to probe Kiboko oil spill  {the-star.co.ke}
Senators on Tuesday gave the Energy and Petroleum Regulatory Authority seven days to probe the cause of the oil spill in Kiboko, Makueni county . . .
 13 June 2019 : Husky fined $3.8m for charges arising from Saskatchewan oil spill  {globalnews.ca}
Husky Oil Operations Ltd., a subsidiary of Husky Energy, was fined $3.8 million Wednesday for a pipeline oil leak that fouled a major river . . .
 12 June 2019 : Lessons from NZs Rena spill to be applied in Solomons  {rnz.co.nz}
A marine ecologist from New Zealand says lessons learnt from the 2011 Rena oil spill in New Zealand can be applied to help deal . . .
 11 June 2019 : Applications still being taken for funding through BP oil spill...  {wxxv25.com}
The Gulf Coast Restoration Fund Advisory Board plans to meet tomorrow as the group continues to accept applications for projects . . .
 10 June 2019 : Aging Enbridge oil pipelines face setbacks over fears of Great Lakes spills  {Reuters}
F ears about oil spills into the Great Lakes from two aging U.S. pipelines have flared, raising doubts about their future and creating fresh headaches . . .
 8 June 2019 : Oil spill near Blackfalds being cleaned up  {reddeeradvocate.com}
Vesta Energy Ltd. experienced a pipeline release of oil during construction activities on a well site about six kilometres out of town around 4 p.m. on Wednesday . . .
More Oil Pollution news  | ^Jump to the top^  
11. OPEC News
 15 June 2019 : Russias Gazprom Neft urges OPEC to raise oil output  {news.yahoo.com}
OPEC and non-OPEC producers should raise oil production starting from the second half of the year to balance the market and keep prices at an acceptable level . . .
 14 June 2019 : OPEC daily basket price announced for Wednesday  {urdupoint.com}
The price of OPEC basket of fourteen crudes stood at US$61.01 a barrel on Wednesday, 12th June, compared with US$62.56 the previous day . . .
 14 June 2019 : OPECs oil output falls to 5-year low in May as group warns...  {cnbc.com}
Oil output from OPEC fell in May, hitting a five-year low as the group warned that U.S.-China trade tensions could lead to slower economic growth . . .
 13 June 2019 : Opec to roll over supply cuts  {khaleejtimes.com}
The oil production deal by Opec and allies should remain or be extended at least until the end of the year, UAE Minister of Energy and Industry . . .
 13 June 2019 : OPEC daily basket price announced for Tuesday  {wam.ae}
The price of OPEC basket of fourteen crudes stood at US$62.56 a barrel on Tuesday, 11th June, compared with US$63.01 the previous day . . .
 13 June 2019 : Algeria floats idea of larger OPEC+ oil cut, rollover still likely...  {Reuters}
Algeria has floated an idea of increasing an oil supply cut by OPEC and its allies in the second half of 2019 as demand falters, OPEC sources said . . .
 12 June 2019 : OPEC nears deal to keep production curbs in place  {brecorder.com}
Members of the Organization of the Petroleum Exporting Countries are close to reaching an agreement on extending production cuts . . .
 11 June 2019 : OPEC crude oil output shrinks in May, as Saudis cut further...  {spglobal.com}
OPEC has so far avoided a bruising intra-bloc market share battle, with top exporter Saudi Arabias crude oil production falling to a four-and-a-half-year low in May . . .
 11 June 2019 : OPEC+ to take consolidated decision on output pact...  {Economic Times}
Countries signed up to a global pact on oil production cuts will reach a consolidated decision on what will happen when the existing pact expires at the end of June . . .
 11 June 2019 : OPECs struggle to avoid $40 oil  {oilprice.com}
A few weeks ago, OPEC+ was mulling the possibility of exiting the production cut agreement because the oil market was at risk of over-tightening . . .
More OPEC News  | ^Jump to the top^  
12. General Oil News
 14 June 2019 : Norway wealth fund to drop ConocoPhillips, Hess  {oedigital.com}
Norways wealth fund will have to divest its holdings in ConocoPhillips and Hess after both U.S. oil companies were added to a list . . .
 13 June 2019 : Japan-Iran ties develop over oil while U.S. looms  {menafn.com}
With Prime Minister Shinzo Abes visit to Iran, Japan is aiming to leverage its traditionally amicable ties to help de-escalate tensions in the Middle East . . .
 13 June 2019 : Budget and the downstream oil and gas sector  {brecorder.com}
Federal Budget 2019-20 announced yesterday turned out to be a tougher one in general driven largely by removal of many exemptions and concessions as expected . . .
 11 June 2019 : AVTEC launches new HD transmissions for oil field applications  {Economic Times}
Indian automotive transmission and powertrain components manufacturer, AVTEC on Monday launched its new range of HD transmissions . . .
 10 June 2019 : Europe saved $8 billion on gas bill in 2018 due to LNG...  {hellenicshippingnews.com}
Europe saved $8 billion on its natural gas bill last year because surging U.S. shale production and a shake-up in EU energy markets forced Russia . . .
 10 June 2019 : Egypt non-oil private-sector activity contracts after brief growth  {Reuters}
Egypt’s non-oil private-sector activity contracted last month after its first expansion in eight months in April, a survey showed on Monday . . .
 9 June 2019 : Saudi Arabia forges ahead on ambitious LNG...  {thearabweekly.com}
Riyadh is taking steps in its pledge to become a global natural gas player, even though the gas in question is . . .
 9 June 2019 : US sanctions target Iran petrochemicals, analysts...  {thenews.com.pk}
he United States sanctioned Iran’s largest petrochemical holding group on Friday for indirectly supporting the . . .
 7 June 2019 : Russia, Saudi Arabia discuss more balancing of oil markets...  {Reuters}
Russian Energy Minister Alexander Novak said on Thursday that he and Saudi Energy Minister Khalid al Falih discussed how the countries could further balance oil markets . . .
 5 June 2019 : Japan exploring leasing unutilized SPR storage to producers...  {spglobal.com}
Japan intends to explore opportunities to lease out more tank storage facilities for strategic petroleum reserves to producing and consuming countries . . .
More General Oil News  | ^Jump to the top^  
13. News on Biofuels
 15 June 2019 : Argo ethanol reaches highest level in more than two years  {spglobal.com}
S&P Global Platts benchmark Chicago Argo ethanol assessment reached its highest level in more than two years Friday as feedstock prices continued to exert upward . . .
 15 June 2019 : EIA increases 2019, 2020 ethanol production forecasts  {ethanolproducer.com}
The U.S. Energy Information Administration released the latest edition of its Short-Term Energy Outlook June 11, increasing its forecasts for 2019 and 2020 ethanol production . . .
 15 June 2019 : UNICA: Hydrous ethanol sales set a record in May  {ethanolproducer.com}
UNICA, the Brazilian sugarcane industry association, has announced sales of hydrous ethanol reached a record 2.05 billion liters in May . . .
 14 June 2019 : Long-term E15 availability expected to spur demand, markets  {postbulletin.com}
Expectations from farmers and the renewable fuels industry were pumped up last month when the Trump administration announced . . .
 14 June 2019 : Novozymes reveals new liquefaction platform and yeast technology  {biofuels-news.com}
During this years Fuel Ethanol Workshop in Indianapolis, US, biofuel industries technology provider Novozymes announced two major launches . . .
 14 June 2019 : ABFA: Letter urges EPA to finalize provisions in REGS rule  {ethanolproducer.com}
A group of 15 companies sent a letter to Assistant EPA Administrator for Air and Radiation Bill Wehrum June 12 urging the agency to finalize provisions . . .
 14 June 2019 : Bill aims to extend MLPs to bioenergy, biofuel projects  {ethanolproducer.com}
Sens. Chris Coons, D-Del., and Jerry Moran, R-Kan., and Reps. Mike Thompson, D-Calif., and Ron Estes, R-Kan., reintroduced bipartisan legislation June 13 . . .
 13 June 2019 : ICM: Planning is key to a successful shutdown  {ethanolproducer.com}
Kristen Gordon, director of reliability services at ICM Inc., presented ICM’s best practices for managing ethanol plant shutdowns . . .
 13 June 2019 : Sweden must double biofuels use to meet emissions goal: report  {thelocal.se}
The use of biofuels for Swedens cars and trucks will need to more than double and the use of electricity increase ten-fold if the country is to meet its goal . . .
 13 June 2019 : Senators ask EPA to end SRE approvals, reallocate...  {ethanolproducer.com}
A dozen democratic senators, led by Sens. Amy Klobuchar, D-Minn., and Tammy Duckworth, D-Ill., sent a letter to U.S EPA Administrator . . .
More Biofuels News  | ^Jump to the top^  
Oil & Gas conferences in the next 60 days
^Jump to the top^
 Operational Excellence (OPEX) Week Middle East: Business Transformation Leaders Summit :    From 16th June to 18th June 2019 at Dubai. Map
 The 9th International Conference on Algal Biomass, Biofuels and Bioproducts :    From 17th June to 19th June 2019 at Boulder, CO. Map
 London Investor Forum 2019 :    From 17th June to 17th June 2019 at London. Map
 Philippines Marine 2019 (PHILMARINE) :    From 18th June to 20th June 2019 at Manila. Map
 The UK Onshore Gas & Oil Summit :    From 18th June to 19th June 2019 at Birmingham. Map
 Oil & Gas Philippines 2019 :    From 18th June to 20th June 2019 at Manila. Map
 CLEAN PACIFIC Conference & Exhibition :    From 18th June to 20th June 2019 at Vancouver. Map
 Oil and Gas Asia 2019 (OGA 2019) :    From 18th June to 20th June 2019 at Kuala Lumpur. Map
 FSRU Asia Summit 2019 :    From 18th June to 21st June 2019 at Singapore. Map
 Upstream West Africa Summit 2019 :    From 18th June to 20th June 2019 at Dakar. Map
 Multimodal 2019 :    From 18th June to 20th June 2019 at Birmingham. Map
 3rd Annual API-IOGP Cybersecurity Europe Conference for The Oil And Natural Gas Industry :    From 19th June to 20th June 2019 at London. Map
 East Med Maritime Conference (EMMC 2019) :    From 19th June to 20th June 2019 at Beirut. Map
 9th Russia & CIS Oil & Gas Executive Summit :    From 19th June to 20th June 2019 at Sochi. Map
 Future Middle East Africa Oil & Gas Digital Transformation Summit :    From 24th June to 25th June 2019 at London. Map
 11th CWC World LNG & Gas Series: Asia Pacific Summit :    From 24th June to 28th June 2019 at Singapore. Map
  Maritime Week Gibraltar :    From 24th June to 28th June 2019 at Gibraltar. Map
 Argentina Frac Sand Logistics 2019 conference :    From 24th June to 25th June 2019 at Buenos Aires. Map
 Marine Fuels 360 China :    From 25th June to 27th June 2019 at Shanghai. Map
 The 13th ICIS Asian Base Oils & Lubricants Conference :    From 25th June to 27th June 2019 at Singapore. Map
 Production Chemicals Optimization 2019 :    From 25th June to 27th June 2019 at Houston. Map
 23rd Ballast Water Management Conference :    From 26th June to 27th June 2019 at Houston. Map
 Marine Digitalisation Summit China :    From 26th June to 27th June 2019 at Shanghai . Map
 Argentina Shale Water Management 2019 :    From 26th June to 27th June 2019 at Buenos Aires. Map
 CWC Iraq Petroleum 2019 :    From 27th June to 28th June 2019 at London. Map
 Argentina Artificial Lift 2019 Exhibition and Conference :    From 27th June to 28th June 2019 at Buenos Aires. Map
 CWC Kirkuk & Mosul Megaprojects :    From 29th June to 29th June 2019 at London. Map
 Nigeria Oil & Gas Conference & Exhibition (NOG) :    From 1st July to 4th July 2019 at Abuja. Map
 Deep Offshore Southeast Asia Congress 2019 :    From 2nd July to 3rd July 2019 at Jakarta. Map
 6th Africa LPG Summit 2019 :    From 3rd July to 4th July 2019 at Dar Es Salaam. Map
 Guyana Oil & Gas Economic Summit :    From 3rd July to 4th July 2019 at London. Map
 ICABBBS 2019 : International Conference on Advanced Biotechnology for Biofuels and Biorefining Systems :    From 4th July to 5th July 2018 at Singapore. Map
 Offshore Caribbean Congress 2019 :    From 4th July to 5th July 2019 at Georgetown. Map
  ReliabilityX Africa Reliability Excellence Conference 2019 :    From 8th July to 10th July 2019 at Johannesbrug. Map
 LNG Western Africa Conference 2019 :    From 8th July to 9th July 2019 at Accra. Map
 US Fuels Markets & Refining Strategy Conference :    From 10th July to 11th July 2019 at Houston. Map
 7th Sabah Oil & Gas Conference & Exhibition (SOGCE 2019) :    From 10th July to 11th July 2019 at Sabah. Map
 ICBTAB 2019 : International Conference on Biofuels Technology and Advanced Biofuels :    From 15th July to 16th July 2019 at Bali. Map
 Produced Water Management Permian 2019 :    From 15th July to 17th July 2019 at Houston. Map
 The Global Refining & Petrochemicals Congress (GRPC) :    From 17th July to 18th July 2019 at New Delhi. Map
 Mexico Oil & Gas Summit :    From 17th July to 18th July 2019 at Mexico City . Map
 Biofuels, Energy and Economy 2019 :    From 17th July to 18th July 2019 at Abu Dhabi. Map
 ICBBP 2019 : International Conference on Biofuels and Biochemicals Production :    From 18th July to 19th July 2019 at Copenhagen. Map
 International Conference on Biotechnology and Biofuel Production(Canada) :    From 18th July to 19th July 2019 at Toronto. Map
 Offshore Conference Latin America 2019 :    From 18th July to 19th July 2019 at Buenos Aires. Map
  International Maritime Defense Exhibition & Conference (IMDEC) :    From 23rd July to 25th July 2019 at Accra. Map
 LNG Vietnam 2019 :    From 23rd July to 24th July 2019 at Ho Chi Minh City. Map
 Oil & Gas Kenya 2019 :    From 25th July to 27th July 2019 at Nairobi. Map
 Permian Completions Optimization 2019 :    From 30th July to 31st July 2019 at Houston. Map
 The PWS Permian Basin 2019 :    From 7th August to 8th August 2019 at Sugar Land. Map
 ICMS 2019 : International Conference on Maritime and Shipbuilding :    From 7th August to 8th August 2019 at Vancouver. Map
 The Oil & Gas Conference :    From 11th August to 14th August 2019 at Denver. Map
 ICPMS 2019 : International Conference on Port and Maritime Security :    From 13th August to 14th August 2019 at Venice. Map
 Marintec South America :    From 13th August to 15th August 2019 at Rio de Janeiro. Map
 Biogas Upgrading and CBG Roundtable 2019 :    From 14th August to 16th August 2019 at Chiang Mai. Map
See all events | ^Jump to the top^
Oil & Gas trainings in the next 60 days
^Jump to the top^
 Evaluation of Canadian Oil and Gas Properties :   From 17th June to 21st June 2019  at  Calgary. Map
 Basic Dry Dock Training Course :   From 17th June to 20th June 2019  at  London. Map
 Shipbroking and Chartering :   From 17th June to 18th June 2019  at  Singapore. Map
 Production Sharing Contracts Module 1 & 2 :   From 17th June to 21st June 2019  at  Kuala Lumpur. Map
 Loading Master Certificate :   From 19th June to 21st June 2019  at  Singapore. Map
 Shipping, Ports & Maritime Fundamentals :   From 19th June to 20th June 2019  at  Perth. Map
 API 571 Damage Mechanisms Affecting Fixed Equipment in the Refining Industry :   From 24th June to 28th June 2019  at   Kuala Lumpur. Map
 API 653 Training - Tank Inspection, Repair, Alteration, and Reconstruction :   From 24th June to 28th June 2019  at  Bandung . Map
 LNG Fundamentals :   From 25th June to 27th June 2019  at  Brisbane. Map
 Introduction to Exploration and Production for New Engineers and Non-Technical Professionals in Oil & Gas :   From 25th June to 26th June 2019  at   Kuala Lumpur. Map
 Best Practices in Heavy Transport and Lifting, Emphasizing Safety :   From 26th June to 28th June 2019  at  Singapore. Map
 Emergency Response for Oil and Gas :   From 26th June to 28th June 2019  at  Singapore. Map
 Oil & Gas Exploration & Production Fundamentals :   From 26th June to 27th June 2019  at  Perth. Map
 Gas Explosion Hazards, Fire Detection and Protection Systems Design for Oil & Gas :   From 26th June to 28th June 2019  at  Singapore. Map
 Excellence In Plants Process Safety & Risk Management :   From 27th June to 29th June 2019  at  Singapore. Map
 ALARP Principles & Guidelines :   From 27th June to 28th June 2019  at  Singapore. Map
 Drilling Essentials for New Engineers and Non-Technical Professionals in Oil & Gas :   From 27th June to 28th June 2019  at  Kuala Lumpur. Map
 Understanding Sub-Surface Pressures (Bangkok) :   From 1st July to 3rd July 2019  at  Bangkok. Map
 Understanding Sub-Surface Pressures (Kuala Lumpur) :   From 1st July to 3rd July 2019  at   Kuala Lumpur. Map
 Emergency Response for Oil and Gas :   From 1st July to 3rd July 2019  at   Kuala Lumpur. Map
 3 Days Mini MBA for Oil and Gas :   From 1st July to 3rd July 2019  at   Kuala Lumpur. Map
 Excellence in Plants Process Safety & Risk Management :   From 1st July to 3rd July 2019  at   Kuala Lumpur. Map
 3 Days World Class Pipeline Operations and Maintenance Course :   From 1st July to 3rd July 2019  at   Kuala Lumpur. Map
 Mastering Energy Storage & Charging Electric Vehicles (EVs) :   From 1st July to 5th July 2019  at  London. Map
 Power Purchase Agreement from Commercial Perspective :   From 2nd July to 5th July 2019  at  London. Map
 ASME Section I - Power Boilers :   From 3rd July to 5th July 2019  at   Kuala Lumpur. Map
 Best Practices in Pore Pressure and Fracture Pressure Prediction :   From 4th July to 5th July 2019  at   Kuala Lumpur. Map
 Project Finance & Project Financial Modelling :   From 8th July to 12th July 2019  at  Singapore. Map
 Shell and Tube Heat Exchangers : Mechanical Design (ASME/TEMA), and Considering Operation & Maintenance :   From 8th July to 12th July 2019  at   Kuala Lumpur. Map
 BunkerExperience Singapore :   From 8th July to 10th July 2019  at  Singapore. Map
 Understanding Sub-Surface Pressures :   From 8th July to 10th July 2019  at   Kuala Lumpur. Map
 Root Cause Analysis :   From 9th July to 12th July 2019  at   Bangkok. Map
 Best Practices in Pore Pressure and Fracture Pressure Prediction (Kuala Lumpur) :   From 11th July to 12th July 2019  at   Kuala Lumpur. Map
 Root Cause Analysis :   From 15th July to 18th July 2019  at   Kuala Lumpur. Map
 API 936 Refractory Inspection Code :   From 15th July to 17th July 2019  at   Kuala Lumpur. Map
 Geophysical Data Management for Non-Geophysicist :   From 15th July to 17th July 2019  at   Kuala Lumpur. Map
 Power Purchase Agreement from Legal Perspective :   From 16th July to 19th July 2019  at  Sydney. Map
 3 Day Masterclass 3 Day Masterclass Ports And Shipping :   From 17th July to 19th July 2019  at  Singapore. Map
 ISO 55000 - Asset Management International Standard :   From 17th July to 19th July 2019  at   Bangkok. Map
 LNG Supply, Demand & Pricing :   From 22nd July to 26th July 2019  at  London. Map
 API 936 Refractory Inspection Code (Bangkok) :   From 22nd July to 24th July 2019  at  Bangkok. Map
 Mini MBA on Understanding the Dynamics of the Petrochemicals Industry :   From 29th July to 2nd August 2019  at  London. Map
 API 579 Training - Fitness For Service :   From 29th July to 2nd August 2019  at  Bandung. Map
 API 570 Training--Piping Inspector Course(Badung) :   From 5th August to 9th August 2019  at  Bandung. Map
 EPC Contracts for Energy Industry :   From 5th August to 7th August 2019  at  Singapore. Map
 SRM Strategic Risk Management :   From 5th August to 7th August 2019  at   Kuala Lumpur. Map
 Advanced Practical Centrifugal Pump :   From 5th August to 7th August 2019  at   Kuala Lumpur. Map
 Fire and Explosion Risk on Oil and Gas Facilities, Fundamentals, Assessment and Incident Investigations :   From 7th August to 9th August 2019  at   Kuala Lumpur. Map
 ASME PCC-2 (Repair of Pressure Equipment) :   From 14th August to 16th August 2019  at  Bandung. Map
See all training events | ^Jump to the top^
Ship Management Software - Ship Operations Software
Rig Maintenance Software - Offshore Vessel Maintenance Software

Maritime ISM Software - Marine PMS Software
-------------------------------------------------------------------------------------------
www.worldoils.com | mail@worldoils.com