360 Feed Wire
Investors, media and professional services sector attendees hear about opportunities
for international companies and investors in Uzbekistan
Tashkent, Uzbekistan, November 19 2020: The Ministry of Energy of Uzbekistan is pleased to announce it recently held an international …
SINGAPORE – Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the coronavirus pandemic, shipping sources …
PORT HARCOURT/LAGOS – Oil companies have asked security services to tighten surveillance as violent anti-police brutality protests and the expected sacking of hundreds of workers worsen desperation in the region, industry sources told Reuters.
Already unemployment is above 40% …
SINGAPORE/BEIJING – China’s commercial oil stockpiling sector, which emerged as a key swing buyer of crude as prices plunged earlier this year, is setting plans to grow again in 2021, supporting a further boost in imports.
Private tank farm …
Qatargas Operating Company Limited (Qatargas) has completed the delivery of the first cargo of liquefied natural gas (LNG) on a Q-Max LNG carrier to the Tianjin LNG receiving terminal in China.
The cargo aboard the Qatargas-chartered LNG vessel, …
WASHINGTON – The U.S. Treasury Department on Tuesday issued a new license to Chevron Corp, the last major U.S. oil company still operating in Venezuela, giving it until June 3 to wind down its joint ventures in the OPEC …
Oil & Gas 360 Publishers Note: We have been covering this on the Daily Energy News Beat, and called that Libyan crude would hit the 1.2 mark in 2020. Many other news groups were indicating 2021. Hats off …
Bloomberg
Oil & Gas 360 Publishers Note: The 360 team covered this on the Energy News Beat last week. Important story for the country of Saudi Arabia, as Saudi Aramco has one of the lowest cost to produce oil costs …
Lima, 15 November (Argus) — Peru’s interim president Manuel Merino resigned today just five days after assuming office, deepening the copper and LNG-exporting country’s constitutional crisis.
The 130-member unicameral congress will now pick a new president, the third in …
EIA
With more than 1.3 billion people, India is the second-most populous country in the world and has the third-highest energy consumption level after China and the United States. To help meet the country’s energy needs, India is expanding its …
Energy-pedia
Total has signed a strategic framework agreement with the Abu Dhabi National Oil Company (ADNOC), to explore joint research, development and deployment partnership opportunities in the areas of CO2 emission reductions and carbon capture, utilization and storage (CCUS).…
Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or the …
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Top energy chief executives say oil demand will recover next year, but they expect volatility to remain elevated, as the industry emerges from the reckoning of the coronavirus pandemic.
“We face a lot of uncertainty,” Total CEO Patrick Pouyanne …
CALGARY, Alberta, Nov. 11, 2020 (GLOBE NEWSWIRE) — Peyto Exploration & Development Cor…
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Argus
Oil & Gas 360 Publishers Note: Steel production in China will have a major supply issue and price increase. – This will be one issue that will effect steel production and other markets in China. – One to watch. …
MarineLink
According to BIMCO, 40% of Phase One goal reached for US manufactured goods to China
Exports from the US to China of the manufactured goods included in the Phase One agreement between the two countries reached $31.1 billion in …
Norwegian Petroleum Directorate
11/11/2020 ConocoPhillips Skandinavia AS, operator of production licence 1009, has concluded the drilling of wildcat well 6507/4-1.
The well was drilled about 27 kilometres southwest of the Skarv field in the central part of the Norwegian Sea …
Piraeus, Greece, Nov. 10, 2020 (GLOBE NEWSWIRE) — GasLog Ltd. and its subsidiaries (…
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360 Feed Wire
10 November 2020 – Tullow Oil plc (Tullow) is pleased to announce that the sale of its assets in Uganda to Total has completed with $500 million consideration received earlier today. Tullow is also due to receive …
energy-pedia
Oil & Gas 360 Publishers Note: This is one of the components of the BP’s long-term strategy for reducing carbon. This is interesting technology, and I would like to see it succeed. I am curious about the cost effectiveness …
Bloomberg
Oil & Gas 360 Publishers Note: Other news agency’s were indicating that Libya would not get over the 1 million bpd until 2021, but we were calculating before the end of 2020. This is a major issue in world …
Test results from the Luiperd well in block 11B/12B off South Africa’s southern coast could be available by the end of this month, according to project partner Africa Energy.
Project leader Total announced a gas condensate discovery at the …
Energy Mix
Amidst dwindling oil revenue occasioned by the coronavirus pandemic, Nigeria produced 155,062,220 barrels of crude oil and condensate for the months of July, August and September.
According to data from the Department of Petroleum Resources, the country produced …
Bogota, 6 November (Argus) — Venezuela’s crude production entered November on a downswing after the US banned non-US companies from crude-for-diesel swaps at the end of October.
Output was slipping below an October average of 350,000 b/d as Spain’s …
Oil & Gas 360 Publishers Note: The US Presidential Election is already having a world wide impact. This will be a story to watch to see if the policy will be changed to Iran and peace in the Middle …
The Shell Petroleum Development Company (SPDC) has shut down its leaking pipeline located between Agbada FS and Nkpoku Manifold in Rivers State.
Shell’s Media Relations Manager, Bamidele Odugbesan, said the company received a report of the leak on Wednesday …
Zion Oil & Gas Drilling Rig Loaded on Ship and En Route to Israel Zion Oil …
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Total intends to sell the shares it holds in certain oil fields in Angola in order to concentrate more on larger and more profitable fields. This should above all facilitate the transition to renewable energies within the company.
According …
Oil & Gas 360 Publishers Note: You have to realize that the leadership of Opec+ and Opec have a tough job keeping countries within quotas. I don’t know that I could do any better on such a tough job. …
