Oil Markets On Edge Over Trade War Uncertainty

Investor Alert: The world’s richest man has just gone all-in on the space race And now the opportunity is opening up for average investors to see major profits, as well. Find out more (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge)- The volume of natural gas that is flowing to export …

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U.S. Oil Could Begin Competing With Middle East Crudes In Asia

Royal Dutch Shell offered on the Asian market on Monday a West Texas Intermediate (WTI) Midland cargo priced off the Dubai benchmark typically used for the Middle Eastern grades going to Asia—a move that could bring U.S. oil in direct pricing competition with Middle Eastern producers on the world’s fastest-growing oil demand market. U.S. oil …

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Oil & Gas Industry Leads Forbes Profit Growth List In 2019

The oil and gas sector on the Forbes 2019 list of the world’s biggest public companies saw the largest profit growth among the top 10 sectors on the list, data and analytics company GlobalData said on Tuesday. GlobalData analyzed the annual change in sales and profits between 2018 and 2019 of the top 10 sectors …

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Infortrend Reshapes Oil & Gas Production with Real-Time Big Data Analytics

TAIPEI, Taiwan, Aug. 20, 2019 /PRNewswire/ — Infortrend® Technology, Inc. (TWSE: 2495) has enabled a global Oil & Gas producer to optimize its production efficiency with advanced big data analytics. Infortrend’s data storage solution provides industry leading bandwidth capabilities to ensure immediate error-free data acquisition and analysis. Infortrend storage technology now empowers this Oil & Gas …

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Small-scale LNG projects make market inroads in US

Large-scale LNG liquefaction and export facilities are helping to write the demand story for US natural gas reserves. But there is a newer demand factor for that gas: small-scale facilities sending LNG to otherwise little-tapped markets and finding new applications for the fuel. Small LNG plants, usually with production capacities of less than 1 million …

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Appalachian Basin puts US gas production on pace to set record

The seven most productive, unconventional shale plays in the Lower 48 U.S. states are projected to set a natural gas production record in September.The post Appalachian Basin puts US gas production on pace to set record appeared first on Shale Gas Repo…

OPEC Revenues Fact Sheet

(Tue, 20 Aug 2019) The U.S. Energy Information Administration (EIA) estimates that members of the Organization of the Petroleum Exporting Countries (OPEC) earned almost $711 billion in net oil export revenue in 2018; however, EIA forecasts annual OPEC net oil export revenue will decline to $593 billion in 2019 and to $556 billion in 2020 …

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A drilling project run by Statoil near Norway represented a new level of risk-taking by the oil industry. No company had ever tried to drill this far north into the Arctic. @Ian_Urbina’s new book details what happened next https://urbina.io/2Z4e7Hq #TheOutlawOcean

A drilling project run by Statoil near Norway represented a new level of risk-taking by the oil industry. No company had ever tried to drill this far north into the Arctic. @Ian_Urbina’s new book details what happened next https://urbina.io/2Z4e7Hq #Th…