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South African fuel imports rising

South African fuel imports rising

According to Business Monitor International (BMI), downstream underinvestment in South Africa is spiking fuel import dependency.

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The latest energy industry news

Consumer energy expenditure down

Consumer energy expenditure down

According to the US Energy Information Administration, consumer energy expenditures are below the long term average.

Moving to a low carbon economy: Country profiles

Moving to a low carbon economy: Country profiles

A look a key facts and policy implications for a selection of countries if they were to move to a low carbon economy with the Climate Policy Initiative.

Gazprom discusses gas supply for the autumn/winter period

Gazprom discusses gas supply for the autumn/winter period

During a recent meeting, Gazprom examined the Unified Gas Supply System availability for peak loads during the autumn/winter period.

Schlumberger reports Q3 revenue of US$ 12.6 billion

Schlumberger reports Q3 revenue of US$ 12.6 billion

Schlumberger Limited reported third quarter 2014 revenue of US$ 12.6 billion.

 

Oil market recap: Week ending 19 October 2014

Oil market recap: Week ending 19 October 2014

PIRA Energy Group looks at movements in the global oil market during the week ending 19 October 2014.

Oilfield checklists – aviation style

Oilfield checklists – aviation style

Check-6 has announced the launch of the company’s Checklist Ops with RIGOR, an intuitive checklist-based mobile app.

Innovation at Tank Storage Germany

Innovation at Tank Storage Germany

Tank Storage Germany will be used as a platform for many of the 80+ leading international exhibitors to launch new products into the market.

LDD completes platform jacket foundation installation offshore Gabon

LDD completes platform jacket foundation installation offshore Gabon

The company has successfully finished a specialist foundation installation for the Etame Marin block field expansion project, offshore Gabon.

 

Agreeing with crude exports and lower gasoline prices

Agreeing with crude exports and lower gasoline prices

The API has released a summary of reports that agree that crude oil exports would put downward pressure on gasoline prices.

Statoil proves new oil resources in the North Sea

Statoil proves new oil resources in the North Sea

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.

Cue Energy Resources to acquire 100% interest in SPC Mahakam Hilir

Cue Energy Resources to acquire 100% interest in SPC Mahakam Hilir

Cue will assume operatorship with a 100% interest in the PSC and drill the remaining commitment well in the PSC.

Asian spot LNG rally stalls on oversupply

Asian spot LNG rally stalls on oversupply

According to the ICIS, Asian spot prices fell in the first half of October.

 

Economic benefits of oil exports affirmed by report

Economic benefits of oil exports affirmed by report

The API has said that the US Government Accountability Office’s recent report reaffirms the economic benefits of crude exports.

Polarcus announces major new multi-client project offshore Australia

Polarcus announces major new multi-client project offshore Australia

Company announces imminent commencement of a major new RightBAND multi-client project over the Roebuck Basin.

Changing crude oil markets

Changing crude oil markets

The US GAO has said that allowing exports could reduce consumer fuel prices, and the size of the strategic reserves should be reexamined.

Sembcorp Marine’s subsidiaries secure two contracts

Sembcorp Marine’s subsidiaries secure two contracts

The contracts are worth S$ 222 million in value.

 

Hydrocarbon Engineering

Hydrocarbon Engineering

Unparalleled coverage of the global refining, gas processing and petrochemical industry including regional reports, case studies and detailed technical articles.

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