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SIBCON 2018
 
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OSEA 2018
1. News on Oil Prices
 10 December 2018 : November US natural gas prices increased beyond...  {hydrocarbonengineering.com}
On 23 November, the natural gas spot price at the Henry Hub in Louisiana, US, was US$4.70/million Btu, the highest price since a temporary spike . . .
 10 December 2018 : Average US price of gas drops 22 cents per gallon to $2.51  {wsaw.com}
The average U.S. price of regular-grade gasoline has plummeted 22 cents a gallon (3.8 liters) over the past three weeks, to $2.51 . . .
 10 December 2018 : Crude oil futures stable to higher on OPEC production cuts  {spglobal.com}
Crude oil futures were stable to higher during mid-morning trade in Asia Monday, holding on to support from the OPEC meeting last Friday . . .
 10 December 2018 : Fuel prices in Taiwan to rise NT$0.2 per liter this week  {focustaiwan.tw}
Domestic gasoline and diesel prices will increase by NT$0.2 per liter this week, ending a seven-week falling streak, due to a hike in international crude oil prices . . .
 10 December 2018 : Gas prices in the Quad Cities dip below $2.00/gallon  {kwqc.com}
According to GasBuddy.com gas has fallen to $1.99 at several gas stations in the area. TV6 captured images of that price at the Flying J and Pilot Truck Stops in Davenport . . .
 10 December 2018 : Oil extends gains after OPEC-led group seals deal to cut supply   {Economic Times}
Oil prices rose on Monday, extending gains from Friday when producer club OPEC and some non-affiliated producers agreed . . .
 9 December 2018 : Azerbaijani oil prices for Dec. 3-7  {azernews.az}
Average price of AZERI LT CIF, extracted at Azerbaijan's Azeri-Chirag-Gunashli block of fields, was $63.19 per barrel on Dec. 3-7 or $0.85 more than . . .
 9 December 2018 : Petrol prices down nearly 15% from record levels  {Economic Times}
Petrol prices across the four metros have declined by nearly 15 per cent from the record high levels they had reached in October. In Delhi, petrol . . .
 9 December 2018 : San Diego County gas prices at lowest amount since March  {fox5sandiego.com}
The average price of a gallon of self-serve regular gasoline in San Diego County dropped Saturday for the 33rd consecutive day and the . . .
 9 December 2018 : Oil prices surge as OPEC agrees joint 1.2m bpd cut with partners  {jordantimes.com}
OPEC members and 10 other oil producing nations, including Russia, agreed on Friday to cut output by 1.2 million barrels per day in a . . .
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2. Rig News
 10 December 2018 : San Leon Energy preparing to spud OSMU-1 well...  {youroilandgasnews.com}
San Leon Energy plc, the AIM listed company focused on oil and gas development and appraisal in Africa . . .
 9 December 2018 : Siemens deploys first lithium-ion battery at offshore drilling rig  {tradearabia.com}
Global technology powerhouse Siemens has announced plans to install the world’s first lithium-ion battery solution for an offshore drilling . . .
 8 December 2018 : Permian Basin rig count drops as oil prices rise  {oaoa.com}
The rig count in the Permian Basin was down four from the prior week, the latest count Friday by Baker Hughes shows, with 489 rigs active in the region . . .
 8 December 2018 : Siemens supplies lithium-ion battery solution for offshore drilling rig  {epmag.com}
Siemens said Dec. 7 it has supplied the world’s first lithium-ion battery energy storage solution for an offshore drilling rig . . .
 8 December 2018 : US oil drillers cut most rigs since May 2016  {epmag.com}
U.S. drillers this week cut oil rigs by the most in over two years even as record production has turned the United States into a net oil exporter for the first time in history . . .
 7 December 2018 : Union Jack Oil looks forward to Biscathorpe-2 drilling  {proactiveinvestors.co.uk}
The company, in a statement, told investors that site construction is expected to complete this month, the drill rig will be mobilised in early January . . .
 7 December 2018 : ADNOC contracts Shelf Drilling   {oedigital.com}
Dubai-headquartered offshore drilling contractor Shelf Drilling has bagged a three-year contract award for the Compact Driller jack-up rig . . .
 7 December 2018 : Tower Resources hires rig contractor for 2019 well programme...  {proactiveinvestors.co.uk}
Tower Resources PLC told investors that a contractor has been hired for the upcoming NJOM-3 well at the Thali project offshore Cameroon . . .
 7 December 2018 : US rig count drops by four to 1,179: S&P Global Platts Analytics  {spglobal.com}
It appears a dip in oil prices has affected drilling activity as the number of active rigs either declined or remained the same in all but one US onshore . . .
 6 December 2018 : Equinor awards wired drill pipe contracts to Nov, Schlumberger  {compelo.com}
Equinor has awarded contracts to National Oilwell Varco and Schlumberger to deliver wired drill pipes to its global fleet of offshore drilling rigs . . .
More rig news | ^Jump to the top^  

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3. News on Oil Exploration
 10 December 2018 : Amerisur Resources announces oil discovery at Indico-1...  {youroilandgasnews.com}
Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, notes the recent media speculation . . .
 10 December 2018 : Mexico to cancel Feb auctions for oil, gas blocks...  {malaymail.com}
Mexico's energy secretary Rocio Nahle said yesterday that President Andres Manuel Lopez Obrador's newly installed administration would cancel . . .
 10 December 2018 : Cuba seeks foreign partners for oil exploration  {xinhuanet.com}
Cuba's government will open a number of potentially oil-rich blocks to international bidding, in a bid to boost oil output . . .
 10 December 2018 : Shell focuses on finding new Malampaya gas field  {manilastandard.net}
Shell Companies in the Philippines is pushing for more oil and gas exploration to find another Malampaya gas field, instead of putting up an import terminal . . .
 9 December 2018 : Despite opposition of offshore drilling, government approves licenses...  {wavy.com}
The U.S. Department of the Interior approved five licenses for exploration testing of oil off the coast through the National Marine Fisheries . . .
 9 December 2018 : Exploration of oil, gas will be given preference: Petroleum Minister  {radio.gov.pk}
Minister for Petroleum Ghulam Sarwar Khan has said that exploration of oil and gas will be given preference in order to support and strengthen . . .
 9 December 2018 : Brazil denies Total a license to drill near Amazon mouth  {fin24.com}
Brazil's environmental regulator on Friday denied French oil giant Total a license to drill for crude in five blocks near the mouth of the Amazon . . .
 8 December 2018 : Tullow Oil seeking partners in bid for additional Ghana block  {epmag.com}
U.K. oil explorer Tullow Oil is seeking partners in a bid to acquire a new oil block in Ghana which launched its first oil bidding round in October . . .
 8 December 2018 : Premier completes Babbage Area sale to Verus  {youroilandgasnews.com}
Premier is pleased to announce that following receipt of necessary approvals, the sale of its interests in the Babbage Area to Verus Petroleum SNS Ltd . . .
 8 December 2018 : Ophir confirms Paus Biru-1 gas discovery  {youroilandgasnews.com}
The Paus Biru-1 exploration well has resulted in a gas discovery. The well was drilled to a total measured depth of 710 metres . . .
More news on Oil Exploration | ^Jump to the top^  
 
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4. News on Oil Demand and Oil Consumption
 10 December 2018 : Legal import from Kazakhstan would help meet demand for motor fuel  {timesca.com}
The tense situation with petroleum products has not been decreasing for several months in Kyrgyzstan . . .
 8 December 2018 : Oil demand to grow in 2019, expert says  {en.trend.az}
Oil demand will grow next year, but at a slower rate than in 2018 due to higher oil prices in late 2018 and slowing economic growth . . .
 6 December 2018 : India, China's coal consumption rise, global emissions...  {business-standard.com}
Carbon dioxide emissions will rise in 2018 with a new record from fossil fuels and industry for the second consecutive year . . .
 5 December 2018 : US coal consumption drops to lowest level since 1979  {woodwardnews.net}
Americans are consuming less coal in 2018 than at any time since Jimmy Carter's presidency, a federal report said Tuesday . . .
More Oil Demand News  | More Oil Consumption News  | ^Jump to the top^  
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5. News on Oil Output
 10 December 2018 : Kuwait Petroleum Corp aims to produce 85,000 bpd of heavy crude...  {Reuters}
Kuwait Petroleum Corp. aims to produce 85,000 barrels of heavy crude oil a day by 2020/21, and 110,000 barrels per day by 2030/31 . . .
 10 December 2018 : PetroVietnam surpasses production targets in 11 months   {vietnamnews.vn}
The Việt Nam National Oil and Gas Group has reported oil and gas production output of 22.1 million tonnes . . .
 10 December 2018 : Russian Energy Ministry expects gas output to exceed 24trln cubic feet...  {urdupoint.com}
Russia expects its gas output to surpass 700 billion cubic meters by the end of 2018, Director of the Russian Energy Ministry's Oil and Gas Production . . .
 10 December 2018 : ONGC misses oil target in Assam, but boosts gas output  {nenow.in}
ONGC has missed its oil production target for ASSAM in 2017-18. It had set a target to produce 5.9m barrels or 16,200 b/d o . . .
 9 December 2018 : Iran gives green light to Opec oil output cut plan  {irishexaminer.com/}
Iran has given the Organisation of the Petroleum Exporting Countries the green light to reduce oil output by around 800,000 barrels per . . .
 9 December 2018 : Kazakh central bank cuts oil output forecast for 2018-19  {pakobserver.net}
Kazakhstan’s central bank has trimmed its forecast for the country’s oil output in 2019 and said it expects Brent crude oil to average $60 a barrel . . .
 9 December 2018 : Malaysia to cut oil output to 15,000 barrels per day  {dailyexpress.com.my}
Malaysia will reduce its total oil output to 15,000 barrels per day from 20,000 barrels per day from next year following the decision of . . .
 9 December 2018 : Oil producers join forces and cut production again  {borneobulletin.com.bn}
Oil prices spiked sharply higher on Friday as major oil producers, including the OPEC cartel, agreed to cut global oil production by 1.2 million . . .
 9 December 2018 : Saudi Arabia defies Trump and warns of 1m barrels a day reduce...  {infosurhoy.com}
OPEC and allied oil-producing countries will likely need to cut crude supplies, perhaps as much as 1 million barrels of oil a day, to rebalance the . . .
 8 December 2018 : Premier Oil sees record production volumes in December so far  {proactiveinvestors.co.uk}
Premier Oil PLC on Friday told investors that production has averaged 79,400 barrels oil equivalent per day in the year to date, and, was higher in recent months . . .
More Oil Output News  | ^Jump to the top^  
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6. News on Oil Transportation
 10 December 2018 : U.S. a net oil exporter for first time in 75 years  {concordmonitor.com}
America turned into a net oil exporter last week, breaking almost 75 years of continued dependence on foreign oil and marking a pivotal . . .
 10 December 2018 : China's Nov crude oil imports rise 16% on year to record high...  {spglobal.com}
China's crude oil imports rose 15.7% year on year to record high of 10.48 million b/d in November . . .
 10 December 2018 : Australia grabs world's biggest LNG exporter crown from Qatar in Nov  {Reuters}
Australia overtook Qatar as the world’s largest exporter of liquefied natural gas for the first time in November . . .
 10 December 2018 : Poland to end import of Russian gas   {georgiatoday.ge}
Last year, nearly two-thirds of Poland’s natural gas came from Gazprom, Russia’s state-owned gas company . . .
 10 December 2018 : Work on TAPI pipeline to start soon  {siasat.com}
The work pertaining to Turkmenistan, Afghanistan, Pakistan and India gas pipeline will start in the first quarter of the next year . . .
 10 December 2018 : Tanzania-Uganda oil pipeline project faces delays  {thecitizen.co.tz}
An initial plan for Tanzania and Uganda to have first oil flow in 2020 through the Uganda-Tanzania Crude Oil Pipe Line . . .
 10 December 2018 : India to expand gas pipeline to Myanmar through Bangladesh   {energyinfrapost.com}
The Indian central government will initially spend Rs 700 billion to spread gas pipelines across the country . . .
 9 December 2018 : Iran resumes flow of gas exports to Iraq after pipeline repairs   {mehrnews.com}
The Islamic Republic of Iran has resumed flow of gas exports to neighboring Iraq after a temporary halt due to a damaged pipeline in recent . . .
 8 December 2018 : China's Iran oil imports to rebound in December as buyers use U.S. waivers  {Reuters}
China’s Iranian oil imports are set to rebound in December after two state-owned refiners in the world’s largest oil importer began using the nation’s waiver . . .
 8 December 2018 : Eastern Libyan oil export ports reopen - NOC  {Reuters}
Eastern Libyan oil export ports have reopened after bad weather forced their shutdown, Libyan state oil company NOC said on Friday . . .
More Oil Transportation News  | ^Jump to the top^  
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7. News on Oil companies
 7 December 2018 : Enbridge to sell New Brunswick gas distribution...  {hydrocarbons-technology.com}
Affiliates of Canadian natural-gas pipeline company Enbridge have signed an agreement to sell Enbridge Gas New Brunswick gas distribution business . . .
 6 December 2018 : CNPC and Venezuelan oil company invest RMB 65 bln to build...  {chinaknowledge.com}
China National Petroleum Corporation which is one of the country's largest energy companies, has commenced construction . . .
 30 November 2018 : Idaho regulators agree to settlement with Texas oil company  {idahopress.com}
A Texas oil company has agreed to pay $4,000 for not complying with Idaho rules, state oil and gas regulators said . . .
 28 November 2018 : Mexico: 70-year-old oil field has billion-barrel potential  {680news.com}
Mexico’s state-owned oil company says studies on the 70-year-old Ixachi field in southern Veracruz state indicates it holds a whopping one billion barrels . . .
 21 November 2018 : Oman Oil Company and Orpic to merge  {arabianindustry.com}
The board of directors of Oman Oil Company and Orpic announced the appointment of Musab Abdullah Al Mahruqi as the group CEO . . .
 19 November 2018 : Iranian oil minister appoints new head of national oil company...  {urdupoint.com}
Iranian Petroleum Minister Bijan Zangeneh appointed the country's former Economy Minister Masoud Karbasian as the new managing director . . .
 13 November 2018 : Gazprom, Sinopec to be top spenders across oil and gas...  {oilreviewmiddleeast.com}
Gazprom, Russia-based natural gas company, and China Petrochemical Corp will be the top spenders among global oil and gas companies . . .
 12 November 2018 : Mubadala’s oil investments top $40 billion  {tradearabia.com}
The petroleum and petrochemicals platform of Mubadala Investment Company accounts for Dh150 billion of the company’s Dh800 billion portfolio . . .
 7 November 2018 : Repsol Sinopec’s business plan fully focused on North Sea  {energyvoice.com}
Performance has “never been better” at Repsol Sinopec Resources UK, the joint venture’s chief executive said . . .
 5 November 2018 : Denbury to acquire Penn Virginia in $1.7-billion deal  {ogj.com}
Denbury Resources Inc., Plano, Tex., reported it would acquire and merge with Penn Virginia Corp. in a $1.7-billion deal . . .
More news on oil companies  | ^Jump to the top^  
8. Oil Contracts
 10 December 2018 : Abu Dhabi reveals blockchain plan as it strikes oil, gas concession deals  {arabnews.com}
Abu Dhabi on Sunday struck two oil and gas concession deals, as well as announcing plans to use blockchain technology in the field of energy . . .
 9 December 2018 : Joint exploration may settle SCS row  {philstar.com}
The recently signed memorandum of understanding between the Philippines and China on joint oil and gas development could serve as . . .
 7 December 2018 : Eni's Indonesia gas project to start up in 2021 under new contract...  {steelguru.com}
Reuters reported that energy company Eni aims to start output of natural gas from its offshore Merakes project in Indonesia in 2021 . . .
 7 December 2018 : Sapura Energy consortium bags RM3b India contract  {theedgemarkets.com}
Shareholders of global oil and gas services and solutions provider, Sapura Energy Bhd, have two reasons to cheer . . .
 6 December 2018 : Meridian Energy lets contract for North Dakota refinery  {ogj.com}
Meridian Energy Group Inc. has let a contract to McDermott International Inc. to finalize front-end engineering design . . .
 5 December 2018 : Energy Equity’s contract in Sengkang block extended to 2042  {thejakartapost.com}
The government on Tuesday extended the contract of Jakarta-based Energy Equity Epic Pty Ltd in Sengkang Block . . .
 5 December 2018 : Scorpio Tankers signs $79.6m deal to buy scrubbers...  {ship-technology.com}
Scorpio Tankers has signed a set of agreements, worth approximately $79.6m, with unnamed third parties . . .
 4 December 2018 : Valmec extends Australia Pacific LNG contract  {australianmining.com.au}
Valmec has been awarded $25 million of services and construction contracts, including a renewal of its long-term services contract . . .
 4 December 2018 : Qatar to continue seeking oil deals abroad: Al-Kaabi  {gulf-times.com}
Qatar will continue to produce oil and seek deals in countries including Latin America’s top oil producer Brazil . . .
 3 December 2018 : Trinidad signs pact with BP, Shell   {marinelink.com}
The government of Trinidad and Tobago has entered into an agreement with energy giantsShell and BP over gas pricing and LNG activities . . .
More news on oil contracts  | ^Jump to the top^  
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9. News on Oil stocks
 10 December 2018 : Noble Energy acquires Bakken and Eagle Ford shale assets  {worldpipelines.com}
Noble Energy Partners has purchased working interests and overriding royalty interests in 13 Bakken and 2 Eagle Ford shale horizontal wells . . .
 10 December 2018 : Abu Dhabi says CEFC’s 4% onshore stake transferred to China...  {gulfbusiness.com}
Abu Dhabi National Oil Company has announced that a 4 per cent in its onshore concession previously held . . .
 10 December 2018 : Mitsubishi sells out of Kimberley oil prospects to Buru Energy...  {thewest.com.au}
Mitsubishi has sold its interests in two Kimberley onshore oil prospects to partners Buru Energy and Rey Resources . . .
 10 December 2018 : Egypt approves BP purchase of 25 percent of Nour gas concession  {Reuters}
BP and UAE-based Mubadala Investment Co are to buy stakes in the Nour deepwater gas concession off the northern coast of Sinai . . .
 10 December 2018 : PV Oil to sell State’s stake  {vietnamnews.vn}
PetroVietnam Oil Corporation, the second-largest petrol dealer in the country, will sell the State’s stake in a package deal . . .
 8 December 2018 : Shell, Vista swap assets in Vaca Muerta shale play  {kallanishenergy.com}
Royal Dutch Shell has completed an asset swap in Argentina’s Vaca Muerta Shale play with Mexico-listed oil company Vista Oil & Gas . . .
 7 December 2018 : Predator ramps up Irish gas drill plans  {irishexaminer.com}
International exploration company Predator Oil and Gas will, next month, accelerate efforts to land partners to help develop gas assets . . .
 7 December 2018 : Williams sells Gulf Coast assets to Easton Energy for $177 million  {oilandgasinvestor.com}
The Williams Cos. Inc. said Dec. 6 it has sold noncore assets across the U.S. Gulf Coast with $177 million cash proceeds . . .
 6 December 2018 : Petrobras plans to raise $26.9-billion by 2023 from asset sales...  {theglobeandmail.com}
Brazilian state-run oil company Petroleo Brasileiro SA plans to raise some US$26.9-billion via asset sales and partnerships by 2023 . . .
 6 December 2018 : Faroe raises the stakes in DNO bid battle   {oedigital.com}
Faroe Petroleum has struck a deal to swap Norwegian oil and gas assets with Equinor, in a move that could raise the price . . .
More news on oil stocks  | ^Jump to the top^  

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10. News on Oil Pollution
 10 December 2018 : North Sea oil field reawakened seven years after leak  {energyvoice.com}
An oil field in the central North Sea has resumed production seven years after a leak forced its shutdown . . .
 10 December 2018 : Coast Guard: Crude oil well leaking in Rattlesnake Bayou  {fox8live.com}
The U.S. Coast Guard is responding to a crude oil spill near Port Sulphur, La. in the Rattlesnake Bayou, according to a Coast Guard news release . . .
 9 December 2018 : Kiwi mining company fined $60,000 after 4000 litre diesel...  {tvnz.co.nz}
Waikato Regional Council hopes a hefty penalty on a mining company over a diesel spill will deter other firms from making similar mistakes. Taharoa . . .
 8 December 2018 : North Atlantic oil refinery reports oil leak  {thewesternstar.com}
North Atlantic Refining Ltd. in a statement said it immediately activated its response procedure, and within one hour the product was contained . . .
 8 December 2018 : Peru oil pipeline remains under siege  {argusmedia.com}
PetroPeru suspended the pipeline operations on 27 November. Canada's Frontera Energy, which uses the line to move crude from block 192 in the northern jungle . . .
 7 December 2018 : SeaRose spill proves we can’t open marine protected areas for drilling  {ipolitics.ca}
The largest-ever oil spill off the coast of Newfoundland has come and almost gone from sight, with little fanfare and only a fraction of the notice . . .
 6 December 2018 : India may pick natural gas over fuel like China to curb pollution  {Economic Times}
China’s dramatic increase in liquefied natural gas imports over the past two years may have hogged the headlines . . .
 5 December 2018 : Oil pollution threatens Europe's last wild river  {balkaninsight.com}
Spills of oil waste from the wells of Albania’s state-owned company Albpetrol pollute the Vjosa River . . .
 4 December 2018 : US Coast Guard orders Louisiana oil company to stop 14-year...  {hazardexonthenet.net}
The United States Coast Guard has ordered Taylor Energy Company to contain and clean up an ongoing oil spill in the Gulf of Mexico . . .
 3 December 2018 : ASEAN Regional Oil Spill Contingency Plan adopted  {hellenicshippingnews.com}
IMO technical assistance and institutional support has been instrumental in the recent adoption of the ASEAN Regional Oil Spill Contingency Plan . . .
More Oil Pollution news  | ^Jump to the top^  
11. OPEC News
 10 December 2018 : Analysis: Asian refiners may cheer Qatar's exit from OPEC  {spglobal.com}
Qatar's decision to leave the OPEC may work in favor of major Asian oil consumers as the Persian Gulf producer . . .
 10 December 2018 : OPEC coalition cuts unlikely to affect US shale output...  {hellenicshippingnews.com}
Saudi Arabia’s energy minister Khalid Al-Falih said that US oil and natural gas producers were breathing a sigh of relief over the planned production cut . . .
 10 December 2018 : Qatar withdraw from OPEC may increase Iran’s production...  {en.mehrnews.com}
Dr. Luciano Zaccara says Qatar withdraw from OPEC may increase the quota that OPEC may allocate to Iran . . .
 9 December 2018 : Opec's battles to keep oil market stable  {thisdaylive.com}
Member countries of OPEC stood up to defend their interests two years ago when the global oil market reportedly went into a precarious . . .
 9 December 2018 : Opec countries agree on reducing oil production  {kozweek.com}
The organization of countries-exporters of oil and the OPEC States that are not members of this organization, including Russia, agreed to . . .
 8 December 2018 : OPEC ministers, Russia, meeting for oil production cut talks  {citynews1130.com}
OPEC countries are mulling a possible cut to oil production in an attempt to stabilize prices as they meet for a second straight day . . .
 7 December 2018 : OPEC suggests non-OPEC countries to take one third of total reduction...  {tass.com}
OPEC ministers discussed the oil production cut by 0.9-1.0 mln barrels per day within the Organization’s framework . . .
 7 December 2018 : Oil sinks as OPEC mulls Iran supply cut exemption, tries to get Russia on board  {Reuters}
Oil prices fell on Friday as OPEC discussed a potential exemption from cutting output for Iran and as the producer . . .
 7 December 2018 : Vulnerable Libya seeks exemption from OPEC crude oil production cuts  {spglobal.com}
Libya should receive an exemption from any production cuts OPEC implements, its state-owned National Oil Company said Thursday . . .
 7 December 2018 : Saudi oil output expected at 10.7-10.8mln barrels per day in December...  {urdupoint.com}
Saudi Arabia expects its oil output level to reach 10.7-10.8 million barrels per day in December, Saudi Energy Minister Khalid Falih told reporters . . .
More OPEC News  | ^Jump to the top^  
12. General Oil News
 10 December 2018 : Wartsila builds 130 MW Mexico gas plant in 11 months  {powerengineeringint.com}
The plant is in the city of Monterrey and operates on seven Wärtsilä 50SG gas engines, each with an output of 18.7 MW . . .
 10 December 2018 : Mexico starts oil industry rescue with refinery overhaul  {startribune.com}
Mexico's new government detailed plans Sunday to build an $8 billion oil refinery in the home state of President Andres Manuel Lopez Obrador . . .
 9 December 2018 : Libyan state oil firm scrambles to keep El Sharara oilfield...  {euronews.com}
Libyan state security on Saturday threatened to shut down production at the giant El Sharara oilfield but the field remains open, state . . .
 9 December 2018 : Protesters shut down oil field in southern Libya   {xinhuanet.com}
A group of protesters on Saturday shut down Al-Sharara oil field in southern Libya, demanding better security and services, local media . . .
 9 December 2018 : Oil workers in Nigeria speak on nationwide strike  {360nobs.com}
The Oil workers unions under the auspices of the Nigeria Union of Petroleum and Natural Gas Workers and Petroleum and Natural Gas . . .
 8 December 2018 : Norway approves Troll phase 3 development plan  {youroilandgasnews.com}
The Ministry of Petroleum and Energy has approved the plan for development and operation of the Troll Phase 3 development . . .
 7 December 2018 : Texas and New Mexico shale basins hold 49 years worth of oil  {Economic Times}
The largest oil field in the United States holds as much as 49 years worth of oil at current production rates . . .
 7 December 2018 : Traded oil futures on TOCOM rise 2% on month to 545,658 trades in Nov  {spglobal.com}
Traded Oil futures on the Tokyo Commodity Exchange inched up 1.65% month on month to 545,658 trades in November, data provided . . .
 5 December 2018 : Hibiscus to invest RM200mil to develop oil and gas fields   {thestar.com.my}
Hibiscus Petroleum Bhd is planning to spend close to RM200mil in capital expenditure for development of its oil and gas fields . . .
 5 December 2018 : Argentina announces US$2.3b joint shale oil project with Petronas  {malaysiakini.com}
Argentina's state-controlled energy company YPF and Malaysia's Petronas are forming a joint venture to invest US$2.3 billion over . . .
More General Oil News  | ^Jump to the top^  
13. News on Biofuels
 10 December 2018 : Indonesia plans to make 30 percent biodiesel blend mandatory...  {thejakartapost.com}
While the government expanded the mandatory use of a 20 percent biodiesel blend in September, it plans to further boost domestic biodiesel . . .
 10 December 2018 : Biofuels remain main driver of green transport by 2023  {renewablesnow.com}
Biofuels will continue to play a much more significant role than electricity in boosting the share of renewables in transport . . .
 10 December 2018 : Ethanol output for this year seen reaching 270m liters   {businessmirror.com.ph}
The country’s ethanol production this year would rise by almost 15 percent to 270 million liters, from last year’s 235 million liters . . .
 9 December 2018 : Dharmendra Pradhan: Ethanol Blending To Reach 8% In 2018-19   {krishijagran.com}
While inaugurating the 84th Annual General Meeting of Indian Sugar Mills Association, Minister of Petroleum and Natural Gas, Dharmendra . . .
 8 December 2018 : EPA finalises Renewable Fuel Standard for 2019...  {hydrocarbonengineering.com}
The 2019 final rule sets the total US renewable fuel volume requirements at 19.92 billion gal., a 630 million gal. increase in the advanced biofuel target . . .
 8 December 2018 : India hopes to double ethanol blending to 8% in 2018-19...  {business-standard.com}
The government backs the sugar industry’s demand for more financial assistance to enhance the ethanol capacity as for the first time India . . .
 7 December 2018 : RFA: US ethanol exports surged 95%  {dtnpf.com}
U.S. ethanol exports surged from 89.9 million gallons in September to 175.4 million gallons in October . . .
 6 December 2018 : Argentina takes Peru to WTO in biodiesel row  {Reuters}
Argentina has launched a dispute at the World Trade Organization to contest Peru’s anti-dumping and anti-subsidy duties on Argentina’s exports . . .
 6 December 2018 : Norway to ban palm oil from biofuels  {energy-reporters.com}
Norway is set to become the first country to stop its biofuel industry buying palm oil that is linked to deforestation in Indonesia and Malaysia . . .
 6 December 2018 : Brazilian ethanol prices expected to increase in December  {spglobal.com}
Hydrous ethanol prices for December in Brazil's key Center-South increased 4.4% Wednesday to Real 2,070/cu m . . .
More Biofuels News  | ^Jump to the top^  
Oil & Gas conferences in the next 60 days
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 Cost-Effective Water Management Congress: Scoop & Stack 2018 :    From 11th December to 13th December 2018 at Oklahoma City. Map
 Future Energy Asia :    From 12th December to 14th December 2018 at Bangkok. Map
 6th Frankfurt Gas Forum 2018 :    From 12th December to 13th December 2018 at  Frankfurt. Map
 Oil, Gas and Petroleum Refinery :    From 17th December to 18th December 2018 at Abu Dhabi. Map
 Jordan International Downstream Summit 2019 :    From 15th January to 16th January 2019 at Amman. Map
 IOSF 2019 - International OpEx & Safety Forum :    From 15th January to 16th January 2019 at London. Map
 Biomass Trade Summit Europe 2019 :    From 16th January to 17th January 2019 at Rotterdam. Map
 3rd Deep Offshore West Africa Congress 2019 :    From 16th January to 17th January 2019 at Accra. Map
 5th EPC Contract Management Conference :    From 16th January to 17th January 2019 at Houston. Map
 IMO 2020 :    From 17th January to 17th January 2019 at London. Map
 Cyber Security for Critical Assets Summits in the MENA region(CS4CA MENA) :    From 21st January to 22nd January 2019 at Dubai. Map
 ICASPG 2019 : 21st International Conference on Applied Seismology and Petroleum Geology :    From 21st January to 22nd January 2019 at London. Map
 3rd West African International Petroleum Exhibition and Conference (WAIPEC) :    From 23rd January to 24th January 2019 at Lagos. Map
 5th Biomass & BioEnergy Asia :    From 23rd January to 24th January 2019 at Bangkok. Map
 19th Annual Caribbean Energy Conference :    From 24th January to 25th January 2019 at  Santo Domingo. Map
 Myanmar Offshore Summit Conference & Exhibition 2019 :    From 24th January to 25th January 2019 at Yangon. Map
 3rd Offshore Mexico Congress 2019 :    From 28th January to 29th January 2019 at Mexico City. Map
 Middle East and North Africa Energy 2019 :    From 28th January to 29th January 2019 at London. Map
 OilDoc Conference and Exhibition 2019 :    From 29th January to 31st January 2019 at Rosenheim. Map
 LNG Bunkering Summit 2019 :    From 29th January to 31st January 2019 at Amsterdam. Map
 Permian Basin Artificial Lift & Production Optimization conference :    From 29th January to 31st January 2019 at Houston. Map
 2nd World Congress Petrochemistry 2019 :    From 30th January to 31st January 2019 at Bankok. Map
 7th Ship Recycling Congress 2019 :    From 30th January to 31st January 2019 at Amsterdam. Map
 ICGMPG 2019 : 21st International Conference on Geophysics Market and Petroleum Geology :    From 30th January to 31st January 2019 at Jeddah. Map
See all events | ^Jump to the top^
Oil & Gas trainings in the next 60 days
^Jump to the top^
 Corrosion Control in Gas, Oil & Water :   From 16th December to 20th December 2018  at  Dubai. Map
 Oil Refinery & Petrochemical Industry Wastewater Treatment :   From 16th December to 20th December 2018  at  Dubai. Map
 Strategic Talent Management in the Oil and Gas Industry :   From 17th December to 21st December 2018  at  London. Map
 Scenario Planning in the Oil and Gas Industry :   From 24th December to 28th December 2018  at  Amsterdam. Map
 Gas Chromatography and Troubleshooting for the Oil & Gas Industry :   From 6th January to 10th January 2019  at  Dubai. Map
 ICPGAS 2019 : 21st International Conference on Petroleum Geology and Applied to Seismology :   From 12th January to 13th January 2019  at  Durban. Map
 International Oil Supply, Transportation, Refining & Trade :   From 20th January to 24th January 2019  at  Dubai. Map
See all training events | ^Jump to the top^
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