Qatar Delays Gas Field Expansion Amid Price Slump

Qatar Petroleum has decided to postpone the start of expansion operations at its North Field, four unnamed sources told Reuters. The Qatari state energy firm was supposed to select foreign partners for the expansion soon, but it will delaying that, the sources said. Gas prices have been low for months amid a growing glut, falling demand for LNG in China, ...

Source: Oilprice.com

Why Oil Traders Are Stockpiling Crude

Commodity trading houses and the trading units of oil majors have hired oil storage in South Korea to keep crude in tanks until Chinese and general Asian demand recovers from the blow the coronavirus outbreak has dealt to the market, trading sources tell Reuters. Glencore, Trafigura, Mercuria, and the oil trading unit of France’s Total have rented a total of ...

Source: Oilprice.com

IT Infrastructue + Security Manager (#779170358)

Posted: 17 February 2020 at 14:41   Expires: 17 April 2020 at 14:41

Posted In: IT/Communications > Security

Location: United Kingdom > London

We are seeking to recruit on behalf of our client an IT INFRASTRUCTURE & SECURITY MANAGER to join our client, an Oil Exploration and production company, based in London (Intermediate or fluent French would be an advantage)

...

Source: RSS feed of oil and gas jobs from Natural Resources Ltd (via oilandgaspeople.com)

IT Infrastructue + Security Manager (#229170483)

Posted: 17 February 2020 at 14:41   Expires: 17 April 2020 at 14:41

Posted In: Management > IT/Communications

Location: United Kingdom > London

We are seeking to recruit on behalf of our client an IT INFRASTRUCTURE & SECURITY MANAGER to join our client, an Oil Exploration and production company, based in London (Intermediate or fluent French would be an advantage)

...

Source: RSS feed of oil and gas jobs from Natural Resources Ltd (via oilandgaspeople.com)

Kansas Gas Well Fire

America’s fascination with “black gold” switched to natural gas for a time in 1906 after lightning ignited a well near a small Kansas town.

As petroleum exploration wells reached far deeper depths by the early 1900s, highly pressurized natural gas formations in Kansas and the Indian Territory challenged well-control technologies of the day.

Once ignited by a lightning bolt, the ...

Source: American Oil & Gas Historical Society

Environmental activists stage protests at commodities groups in Geneva – police

Environmental activists staged protests at offices of commodities groups Cargill , Vitol and Mercuria in Geneva on Monday, cantonal police said. About 50 activists were present for about 15 minutes at Cargill's offices, but then left, while sit-ins continued at Vitol and Mercuria offices in downtown Geneva, a spokesman for Geneva cantonal police said. Environmental [Read more]

Source: BOE Report

Oil Suppliers Slash Prices To Save Asian Market Share

As the coronavirus continues to take a toll on oil markets, competition is heating up for crude oil suppliers—all of which are vying for a piece of the dwindling oil demand in China and Japan as refineries there cut their run rates. Crude oil suppliers are now slashing prices for certain grades of crude oil, according to refinery officials and ...

Source: Oilprice.com