Commodities: Oil & Gas – Featured Headlines



Various PDVSA News

  • Installations oil refinery unsafe
    on 2017-11-29 at 03:45oil refinery fire WILLEMSTAD – A large number of installations on the Isla site can catch fire or explode. They are unsafe. That is the conclusion of a technical audit into the maintenance of the refinery. The government is now going to do additional investigation. The Venezuelan Oil Company PDVSA is … […]

  • Venezuela’s Maduro swears in military ‘man of the people’ to lead PDVSA
    on 2017-11-29 at 03:08CARACAS (Reuters) – Venezuelan leftist President Nicolas Maduro on Tuesday evening held a ceremony to swear in a military officer as the new … […]

  • President Maduro Demands an End to Corruption in PDVSA
    on 2017-11-29 at 03:05The Venezuelan leader announced a deep revolution of PDVSA to end corruption and turn it into a productive company at the service of the people…. […]

  • Venezuela’s Maduro says he could stop oil sales to US
    on 2017-11-29 at 02:37No big deal,” Maduro said while formally installing General Manuel Quevedo to lead state oil giant PDVSA. Maduro maintains the United States is carrying out “financial persecution” against Caracas, which gets most of its budget revenue from oil sales on a soft international market. PDVSA and … […]

  • Venezuela’s Maduro swears in military ‘man of the people’ to lead PDVSA
    on 2017-11-29 at 01:04CARACAS, Nov 28 (Reuters) – Venezuelan leftist President Nicolas Maduro on Tuesday evening held a ceremony to swear in a military officer as the … […]

  • VENEZUELA – Oil boss to give military more PDVSA posts
    on 2017-11-29 at 00:21In a surprise move, unpopular leftist President Nicolas Maduro on Sunday tapped Major General Manuel Quevedo to lead PDVSA and the Oil Ministry, … […]

  • President Maduro tells military to run Venezuelan oil
    on 2017-11-29 at 00:00The oil giant, PDVSA, which provides more than 90 per cent of all foreign income for Venezuela, is on the brink of default. About 50 executives have been arrested and accused of corruption. They include five American citizens, all senior managers at the US-based refinery Citgo, a PDVSA subsidiary. […]

  • to lead PDVSA
    on 2017-11-28 at 23:58In a surprise move, the unpopular Maduro on Sunday tapped Major General Manuel Quevedo to lead both PDVSA and the Oil Ministry, giving the … […]

  • Military Set to Take Control of Venezuelan State Oil Company
    on 2017-11-28 at 23:48Con el Presidente @NicolasMaduro ,Vamos al reencuentro con el camino de Chávez; Vamos a poner a PDVSA como el Templo Sagrado del Pueblo, de nuestra Juventud, de las Familias y Trabajador@s de Bien. Vamos a Construir la Venezuela Socialista y Bolivariana. Viviremos y Triunfaremos! […]

PennEnergy Oil Exploration & Production News

Oil & Gas Journal

  • Aramco, SABIC advance plan for crude oil-to-chemicals complex
    on 2017-11-28 at 23:31Saudi Aramco and SABIC have formalized a previously announced agreement to conduct a joint feasibility study for the development of a fully integrated crude oil-to-chemicals complex in Saudi Arabia. The companies have signed a memorandum of understanding to execute front-end engineering design for the proposed COTC complex, which they expect will process 400,000 b/d of crude oil to produce about […]

  • Shell adds product use to carbon dioxide goals
    on 2017-11-28 at 19:39Royal Dutch Shell PLC plans to cut by half the emissions of carbon dioxide from its own work and from the use of its products. In a strategy update, Chief Executive Officer Ben van Beurden said the company would target a 20% cut in emissions by 2035 and the full 50% cut by 2050.&nbs […]

  • Venezuelan general to head PDVSA, ministry
    on 2017-11-28 at 19:35A Venezuelan military leader has been named president of Petroleos de Venezuela SA and minister of petroleum. Maj. Gen. Manuel Quevedo was appointed by President Nicolas Maduro to replace Nelson Martinez as PDVSA chief and Eulogio Del Pino as petroleum minister. […]

  • Texas ranks highest in oil and gas allure
    on 2017-11-28 at 19:30Texas tops a list of 97 jurisdictions ranked by oil and gas executives for investment allure in an annual survey by the conservative Fraser Institute of Canada. Venezuela ranked last in the survey, which had 333 respondents.&nbs […]

  • Eni to operate Angola’s Cabinda North Block
    on 2017-11-28 at 19:23Eni SPA has become operator of the Cabinda North Block in Angola under an agreement with state-owned Sonangol, the former operator. Eni describes Cabinda North as an onshore block in the little-explored northern part of the country. […]

  • ADNOC budget envisions global expansion
    on 2017-11-28 at 19:16Abu Dhabi National Oil Co. plans capital investment of about $100 billion during the next 5 years as it assesses Abu Dhabi’s unconventional resources and seeks downstream investments abroad. &nbs […]

World Oil – US Onshore

Various Oil & Gas News

Oil & Gas 360

Economic Times

Oil & Gas Financial Journal

  • How sustainable is Permian tight oil growth?
    on 2017-11-23 at 07:45Technology has played a huge role in the rapid rise of production in the Permian Basin. Operators are bullish on the region’s long-term potential and poised to exploit the Permian at an unparalleled pace over the next few years. However, according to a report by Wood Mackenzie, geological constraints that may arise as the play is aggressively developed could lead to production shortfalls, and in […]

  • Revenue, income a mixed bag in 2Q
    on 2017-11-23 at 07:36Financial results for the OGJ150 group of companies were lukewarm by most measures in the second quarter of 2017. However, given the lengthy downturn that the oil and gas industry is emerging from, maybe “neither hot nor cold” isn’t so bad. […]

  • The BBA rules are coming
    on 2017-11-23 at 06:41The upcoming New Year may present some nasty surprises to oil and gas partnerships that have not prepared for the new partnership tax audit rules. […]

  • Fighting bribery and corruption
    on 2017-11-23 at 06:36Targeted analytics are an effective instrument in the battle against bribery and corruption at energy firms […]

  • Weathering the storm
    on 2017-11-23 at 06:33During a natural disaster, you need supply options. Ensuring that you have allocations and truck time to supply your customers can be the difference between keeping or losing a long-time valued business relationship. It is during tight supply times, like we saw recently with hurricanes Harvey and Irma, that you should have a contingency plan in place to secure the fuel you need. […]

  • Exports are changing crude oil logistics
    on 2017-11-23 at 06:30While there are complexities associated with Midcontinent oil logistics, there are solutions that can help your organization complete an export logistics puzzle. […]

The Barrel

  • Competition heats up in Chinese thermal coal import market
    by Michael Cooper on 2017-11-29 at 06:19Indonesian mid-CV thermal coal appears to be getting the upper hand over high-ash Australian coal in a battle for supremacy in the Chinese imports market, according to an analysis of S&P Global Platts price data. FOB prices for Australian high-ash 5,500 kcal/kg NAR thermal coal which is mainly sold to China have slowly retreated to […] The post Competition heats up in Chinese thermal […]

  • Venezuelan crude imports into LOOP tripled on year: In The LOOP
    by Maria Eugenia Garcia on 2017-11-28 at 08:38Imports of Venezuelan crude into the Louisiana Offshore Oil Port have totaled over 7 million barrels from January to November this year, almost three times the 2.5 million barrels in the same period of 2016, according to US Customs data. The dramatic climb came despite the Trump administration’s threats to ban Venezuelan crude imports into […] The post Venezuelan crude imports into […]

  • Why Tesla’s e-truck matters
    by Ross McCracken on 2017-11-27 at 12:56E-trucks matter because growth in commercial transportation is a key factor expected to keep the oil market on a low but steady growth path out to 2040 and beyond, at least according to most long-term outlooks. If commercial transportation can adopt electrification, it would result oil demand peaking much earlier than most forecasts currently suggest […] The post Why Tesla’s e-truck […]

  • Struggling UK SMR competition seeks to regain momentum
    by Oliver Adelman on 2017-11-24 at 11:00The UK government’s much heralded, pre-Brexit referendum “competition” to have a small modular reactor or SMR design manufactured in the country by the mid-2020s is struggling to regain momentum amid growing questions about the political will to proceed with the project. The idea of a “competition” to select an SMR design was announced by then […] The post […]

  • Blockchain was hyped for a long time. Now they’re getting down to business
    by John Kingston on 2017-11-21 at 15:30It’s getting near time. It’s getting near time for all the talk of adopting blockchain’s distributed ledger technology (DLT) in energy markets to transform itself into some real-life applications. That was an overriding theme at S&P Global Platts first-ever Digital Commodities Summit in London in mid-November, a packed-house event that will be followed by one […] The […]

  • Middle Eastern barrels headed to LOOP as Dubai premium drops: In the LOOP
    by Mary Hogan and John-Laurent Tronche on 2017-11-21 at 05:01Four tankers are on their way to the Louisiana Offshore Oil Port, three likely carrying Iraqi crude and a fourth partly laden with unknown barrels, according to cFlow, Platts’ trade-flow software. The VLCC Sophia sailed from Iraq through the Suez Canal and the Strait of Gibraltar and is now set to arrive at LOOP on […] The post Middle Eastern barrels headed to LOOP as Dubai premium […]

Energy and Capital

  • Renewable Energy Investing for 2018
    by Jeff Siegel on 2017-11-28 at 08:00In 2018, renewable energy investors should focus on energy storage stocks. Energy and Capital editor Jeff Siegel breaks down the renewable sector for the upcoming year… […]

  • Bitcoin to $10,000
    by Christian DeHaemer on 2017-11-27 at 08:00BTC has appreciated by 8.24% in the last 24 hours and is up more than 800% on a year-to-date basis. Is the top in sight? […]

  • The Future of Electric Vehicles
    by Jeff Siegel on 2017-11-24 at 08:00The future of transportation is electric and autonomous. Energy and Capital editor Jeff Siegel explains how to invest in the future instead of the present. […]

  • Cobalt Demand to Soar +4,500% by 2030
    by Luke Burgess on 2017-11-23 at 08:00There are a few critical metals other than lithium needed to create lithium-ion rechargeable batteries that are very often overlooked. And among them is one that might be a better investment than lithium itself. […]

  • Gold Versus Bitcoin
    by Christian DeHaemer on 2017-11-22 at 08:00Energy and Capital editor Christian DeHaemer gives you the view on Bitcoin, gold, and oil 23 floors above Mexico City. […]

  • Trump’s Plan to Bury China
    by Keith Kohl on 2017-11-21 at 08:00Energy and Capital editor Keith Kohl looks at what may turn out to be President Trump’s most controversial decision of his presidency. […]

Energy Business Review – Exploration & Development

Energy Business Review – Drilling & Production

Oil & Gas iQ

  • Optimising Europe's first LNG bunker vessel
    by Oil & Gas IQ Events on 2017-11-29 at 14:11The new Gate LNG Terminal in the Port of Rotterdam supplies a network of natural gas pipelines, and has facilities to reload LNG into ships, LNG containers or tank trucks. This allows the liquefied natural gas to be distributed by inland tanker, short sea tanker or truck to areas that lack […]

  • Promoting LNG as the fuel of the future
    by Oil & Gas IQ Events on 2017-11-29 at 14:11The continuing oil price volatility has impacted many fuel-dependent markets over the past few years. Bunkering with liquefied natural gas (LNG) has been one of the areas affected by the drop in conventional fuel in the maritime industry. Ahead of the LNG Bunkering Summit 2018, we surveyed over 500 […]

  • Digital transformation: changing the way we operate
    by Phil Murray on 2017-11-29 at 14:11Phil Murray, CEO of Petrotechnics, believes digitalisation in the oil and gas industry is about “enabling everyone to make better operational decisions” while balancing risk, productivity and cost.Here, he explains why it is imperative to connect smart people with smart devices for smart decisions […]

  • Digital transformation: oil and gas trends [survey]
    by Oil & Gas IQ Surveys on 2017-11-29 at 14:11We’re currently researching the adoption and progress of digital transformation in the oil and gas industry and would value your input.This survey will take 5-10 minutes of your time and as a thank you, we will send you a summary of the results once they have been collated.Thanks in advance!In […]

Arabian Oil And Gas  – News

US Department of Energy – Press Releases and Techlines

Business Standard – Commodities | Oil & Gas