OPEC crude production continued its downward trend in November as a new series of output disruptions took hold in Libya and lower volumes from other member countries outpaced an increase of 192,000 b/d in Iraq, monthly estimates from the ...
Tags: Crude Output, Metallurgy
A long-running spat between Changqing oil field and Yulin government in Northwest China's Shaanxi Province has moved a step closer to being resolved after 21 of the oil and gas producer's 22 bank accounts were unfrozen. A Yulin government ...
Tags: Eco-Compensation, Oil Producer
Senex Energy Limited (Senex, ASX: SXY) has delivered further success as part of its 30+ well drilling program for 2013/14, with Acrasia-6 extending the productive life of Acrasia oil field in the north east of South Australia's ...
Tags: Oil and Gas News, Senex Energy, Acrasia oil field, Acrasia-6
Oil production in the US state of Texas, the largest oil producer of the nation, hit a record high in September 2013, according to new data released on Tuesday. The Lone Star State pumped 2.7 million barrels of crude oil per day during ...
The international energy agency predicts that in 2016 the United States will become the largest oil producer before Russia and Saudi Arabia. The United States will basically realize energy self-sufficient and reduce its dependence on OPEC ...
Tags: Oil Producer, Oil, Metallurgy, Mineral, Energy
Italian firm plans to build world's largest cellulosic ethanol plant in China Commercial manufacture of cellulosic bioethanol from agricultural residue is expected to be given further impetus after commercial production begins in China ...
Tags: Agricultural Waste, Energy
Many people in the natural health community have been well aware of the health benefits of coconut oil and other coconut products for decades. More recently, "clean eaters" and people following an ancestral diet have been replacing canola ...
Tags: coconut oil, Food, Health
The global oil market is currently well supplied but growing demand pressures and ongoing disruptions in some OPEC producing countries could soon reverse a recent spate of softer oil prices, the International Energy Agency said Thursday. ...
Tags: Oil Prices, oil market
West Africa is experiencing a surge in piracy, with well-organised hijackers targeting the region's growing oil and gas industries, writes national security expert Dr James Jay Carafano in World Review. Although efforts to combat crime at ...
Tags: pirate, plunder, West Africa, oil, gas
Heritage Oil Plc ("Heritage" or the "Company") (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company announces that a wholly owned subsidiary has entered into a joint venture agreement with Bayelsa Oil Company ...
Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) remained broadly unchanged at 29.93 million barrels per day (b/d) in October following production of 29.91 million b/d in September, a just-released ...
Work is now well underway to build a new North Sea headquarters in Aberdeen for leading UK independent oil producer EnQuest. Aberdeen’s Lord Provost yesterday (Tuesday, November 12) gave his seal of approval to what is set to become ...
Honeywell (NYSE:HON) today announced that it has been selected by Preem AB to modernize one of Europe's largest refineries – Preemraf Lysekil – with Honeywell's Enhanced High Performance Process Manager (EHPM) industrial process ...
Libya’s domestic ructions may have put paid to BP’s hopes of becoming a leading oil producer in the country. As The Wall Street Journal’s Benoît Faucon reports, the British oil major is in talks to relinquish control ...
Tags: Gulf Coast Prices, Shale
Brazil heralded this week's auction of a huge oil field as a vindication of its state-dominant approach to its oil riches, but some industry experts say the country must modify its rules before new fields are sold for Brazil to achieve its ...
Tags: Oil, Metallurgy, Mineral, Energy