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Five Major Challenges Facing The Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
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192020-03

Fujairah oil product stocks rise 8% on signs of weakening demand
Oil product stocks in the Middle Eastern hub of Fujairah rose 8% week on week to 23.302 million barrels on Monday, with all categories showing increases as eff

172020-03

Renewables briefly surpass gas generation in UK
UK’s renewables power generation has surpassed natural gas for the first time ever in the third quarter of 2019, Kallanish Energy learns from new statisti

152020-03

Saudi Arabia seeks more supertankers to carry its flood of oil
Saudi Arabia is preparing to unleash so much oil on the world that its own fleet can’t handle it all.The kingdom’s National Shipping Co, also known

112020-03

Irena seeks big renewable energy project investments
The International Renewable Energy Agency’s (Irena) said a landmark initiative launched by a coalition of intergovernmental partners during the UN Climate

092020-03

Australia: Gladstone LNG exports dip in February
LNG exports from the three liquefaction plants located on Curtis Island off Gladstone reached 1.79 million tons during February 2020.The volume was spread acros

062020-03

US Crude Oil Exports Increase 45 percent in 2019
The U.S. Energy Information Administration (EIA) revealed Wednesday that U.S. crude oil exports averaged 2.98 million barrels per day (bpd) last year.This marke

052020-03

Halliburton reduces well time and costs with new drilling motor
Halliburton has released NitroForce, a new drilling motor that provides increased power and performance to complete longer laterals faster and with greater cont

022020-03

Kazakh firm to build $860 M Kashagan gas processing plant
Kazakh firm GPC Invest will build a $860 million gas processing plant near the Central Asian nation’s biggest oilfield, Kashagan, the Kazakh government sa

132020-02

Top 30 High Impact Wells in 2020
Rystad Energy has identified what it considers the top 30 high impact wells that will be drilled this year.Five of the 30 wells are located in North America, s

112020-02

OPEC Is Ready To Rescue The Oil Market Again
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures posted a two-sided trading range this week with a slight bias to the downsi
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