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Wednesday, August 5, 2026

October 16, 2019

EIA: U.S. Federal Gulf of Mexico crude oil production to continue to set records through 2020

October 16, 2019

Source: EIA Source: U.S. Energy Information Administration, Short-Term Energy Outlook U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) averaged 1.8 million barrels per day (b/d) in 2018, setting a new annual record. The U.S. Energy Information Administration (EIA) expects oil production in the GOM to set new production records in 2019 and in 2020, even after accounting for

https://www.reuters.com/article/us-petrobras-distri-outlook/brazils-br-distribuidora-to-create-energy-natural-gas-and-ethanol-trading-cos-idUSKBN1X31KJ-oag360

Explainer: Translating TOR – How Brazil’s $26 billion oil rights auction works

October 16, 2019

Source: Reuters RIO DE JANEIRO (Reuters) – Brazil’s Senate passed the main text of a bill late on Tuesday defining the distribution of proceeds from a blockbuster auction of oil prospecting rights, a key milestone for the enormous offshore region known as TOR – the ‘transfer-of-rights’ area. The bidders who win exploration and production rights in the massive Nov. 6

https://www.reuters.com/article/us-usa-iran-china-tankers/u-s-deeply-concerned-about-untrackable-china-ships-carrying-iran-oil-officials-idUSKBN1WV0SE-oag360

U.S. ‘deeply concerned’ about untrackable China ships carrying Iran oil: officials

October 16, 2019

Source: Reuters WASHINGTON (Reuters) – The White House is warning Chinese shipping companies against turning off their ships’ transponders to hide Iranian oil shipments in violation of U.S. sanctions, two senior administration officials said. “We’ve been messaging very heavily to the shipping companies, you don’t want to do this, it’s not worth it,” said one official, who spoke to Reuters

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