Oil


Saturday, December 1, 2012
chevron frade fpso
News

Chevron’s Frade FPSO to Restart Production as Brazilian Court Dismisses Injunction

(Dow Jones) Chevron Corp. (CVX) is working with Brazilian regulators to restart production at its Frade offshore field, after a court dismissed an injunction

December 1, 2012
Total Views: 184

Wednesday, November 21, 2012
crude futures shutterstock
Uncategorized

Crude Futures Spike After Bus Explodes in Tel Aviv

(Bloomberg) — Oil rose after a blast on a bus in Tel Aviv injured at least 10 people, boosting speculation that the conflict between Israel and the

November 21, 2012
Total Views: 22

Monday, November 19, 2012
Is BP A Potential Takeover Target?
Offshore

Is BP A Potential Takeover Target?

(Bloomberg) — Bob Dudley shrank BP Plc to save it. The onetime Mississippian and current chief executive officer has sold more than $50 billion of assets

November 19, 2012
Total Views: 74

Tuesday, November 13, 2012
IEA Energy Outlook: U.S. Set to Redraw World Oil Map
Uncategorized

IEA Energy Outlook: U.S. Set to Redraw World Oil Map

LONDON–A shale oil boom means the U.S. will overtake Saudi Arabia as the world’s largest oil producer by 2020, a radical shift that could

November 13, 2012
Total Views: 18

Thursday, November 8, 2012
opec logo
News

OPEC to Increase November Oil Shipments by 640,000 Barrels Per Day

Oil shipments from the Organization of the Petroleum Exporting Countries are to increase by 640,000 barrels a day in the four weeks to Nov. 24, compared with

November 8, 2012
Total Views: 72

Friday, November 2, 2012
Feds Move to Boost Fuel Supply to Storm-Battered Northeast
Press Releases

Feds Move to Boost Fuel Supply to Storm-Battered Northeast

(Bloomberg) — President Barack Obama and the governors of New York and New Jersey took steps to ease the misery of motorists waiting in miles-long lines

November 2, 2012
Total Views: 23

Tuesday, October 30, 2012
shutterstock refinery refineries petrochemical plant
News

Oil Reserves Build as US East Coast Refineries Halt Production

(Bloomberg) — Oil fell for a second day in New York and headed for the biggest monthly decline since May after refiners reduced operations on the U.S.

October 30, 2012
Total Views: 49

Wednesday, October 17, 2012
BP Bows to the Inevitable in Russia
Uncategorized

BP Bows to the Inevitable in Russia

Game, set and match to Rosneft. The state-owned Russian oil giant  (ROSN.RS) is poised to secure 100% of TNK-BP (TNBP.RS), the oil company now jointly

October 17, 2012
Total Views: 34

Friday, October 12, 2012
Call It Senkakudiaoyu? China & Japan Agree To Share Vast Offshore Oil Reserve
Offshore

Call It Senkakudiaoyu? China & Japan Agree To Share Vast Offshore Oil Reserve

China and Japan sat down for talks and agreed to jointly develop a natural gas field under the East China Sea, defusing a dispute between Asia’s

October 12, 2012
Total Views: 210

Saturday, October 6, 2012
ancap
News

Uruguay Signs $1.65 Billion in Offshore Exploration Contracts

BUENOS AIRES–Uruguay’s government on Friday signed offshore exploration deals with four oil and gas companies that have committed to invest $1.65

October 6, 2012
Total Views: 34

Wednesday, October 3, 2012
wartsila scrubber m/t suula
Engineering News

Have the IMO and the International Chamber of Shipping Overlooked the Obvious?

The International Chamber of Shipping (ICS), whose members represent more than 80% of the world’s merchant fleet, has expressed disappointment and

October 3, 2012
Total Views: 198

Tuesday, September 25, 2012
Venezuela to Ship Up to 400,000 Barrels of Crude Per Day to India
News

Venezuela to Ship Up to 400,000 Barrels of Crude Per Day to India

CARACAS–Venezuelan state oil monopoly Petroleos de Venezuela, or PdVSA, signed a 15-year crude supply contract with India’s Reliance Industries

September 25, 2012
Total Views: 20

Monday, September 24, 2012
U.S. Links Iran’s Oil Company to Sanctioned Revolutionary Guard [REPORT]
Uncategorized

U.S. Links Iran’s Oil Company to Sanctioned Revolutionary Guard [REPORT]

(Bloomberg) — The Obama administration will report today that Iran’s state-owned oil company is linked to a military unit sanctioned for weapons

September 24, 2012
Total Views: 30

Friday, September 21, 2012
loop louisiana offshore oil port
News

With Slowdown in Foreign Crude Imports, the LOOP Now Receives Jones Act Tankers

(Bloomberg) — The Louisiana Offshore Oil Port, the largest waterborne petroleum import terminal in the U.S., has begun to receive tankers of domestic

September 21, 2012
Total Views: 809

Friday, September 14, 2012
Lessons Learned: What Isaac Taught Us About Hurricanes and Oil Production
Offshore

Lessons Learned: What Isaac Taught Us About Hurricanes and Oil Production

(Bloomberg) — The power of hurricanes to drive up oil prices is diminishing as the proportion of U.S. crude coming from the Gulf of Mexico falls to a

September 14, 2012
Total Views: 37

Thursday, September 13, 2012
4 Million Barrels of North Sea Forties Crude Set to Ship to S Korea in October
Uncategorized

4 Million Barrels of North Sea Forties Crude Set to Ship to S Korea in October

LONDON–Up to 4 million barrels of North Sea Forties crude oil, the main component of global pricing benchmark Brent, are set to leave the region for

September 13, 2012
Total Views: 49

Two Smit Lamnalco tugs working off Oman. Image: Smit Lamnalco
Ports

Smit Lamnalco Lands Major SPM O&M Contract in Iraq

AMSTERDAM–Dutch dredging and maritime services provider Royal Boskalis Westminster N.V. (BOKA.AE) said Thursday that its Smit Lamnalco associate has been

September 13, 2012
Total Views: 144

Thursday, September 6, 2012
Venezuelan Refinery Fire Boosts Ship Fuel Prices In Singapore
Uncategorized

Venezuelan Refinery Fire Boosts Ship Fuel Prices In Singapore

While Venezuelan officials maintain that a recent major fire at the country’s largest refinery last month hasn’t hurt its oil business, the

September 6, 2012
Total Views: 39

Thursday, August 30, 2012
maersk oil
News

Maersk Oil CEO: “We Have to Get More Out of Our Existing Assets”

Maersk Oil, the oil and gas-producing arm of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), is well on track to surpass its daily

August 30, 2012
Total Views: 56

Tuesday, August 28, 2012
Isaac Fans Talk of Strategic Petroleum Reserve Release
Uncategorized

Isaac Fans Talk of Strategic Petroleum Reserve Release

(Bloomberg) — Rising gasoline prices and production cuts tied to a storm named Isaac churning across the Gulf of Mexico have some energy analysts

August 28, 2012
Total Views: 17