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US EPA chief sees no ethanol demand destruction from small refinery waivers

1 hour ago DieselGasoil Comments Off on US EPA chief sees no ethanol demand destruction from small refinery waivers
Washington — Small refinery waivers to the US biofuel mandate have not hurt ethanol demand, Environmental Protection Agency Administrator Andrew Wheeler told Congress on Thursday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “We’ve seen an uptick in ethanol over the last two years,” Wheeler told the House Committee Read More

Saudis have not asked for crude after attacks: Iraqi oil minister

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Dubai — Saudi Arabia has not asked Iraq for crude supplies, Iraqi oil minister Thamir al-Ghadhban said Thursday, denying reports that his country had fielded a request from its neighbor to compensate for a shortfall caused by the weekend’s attacks on two key facilities. Not registered? Receive daily email alerts, subscriber notes & personalize your Read More

Chevron sanctions waterflood project to boost St. Malo production

3 hours ago DieselGasoil Comments Off on Chevron sanctions waterflood project to boost St. Malo production
9/19/2019 SAN RAMON, CA- Chevron has sanctioned a waterflood project in the St. Malo field. This application of enabling technology is expected to increase recovery and advance Chevron’s strategy of maximizing the company’s existing resources in the Gulf of Mexico. Chevron St. Malo project “The St. Malo field is a world-class asset that is positioned Read More

Filling Aramco’s crude orders will get tricky if repair timetable slips

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By Verity Ratcliffe on 9/19/2019 DUBAI (Bloomberg) – Saudi Arabia’s pledge to fulfill all commitments to oil buyers after a strike on the giant processing plant at Abqaiq means the world’s largest crude exporter must continue to draw heavily on its inventories until production capacity returns. State oil company Saudi Aramco has more than enough Read More

New threat to Libyan oil unity as rift within NOC opens up

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London — A major rift has opened up between Tripoli-based National Oil Corporation and one of its key fuel distribution units, threatening the unity of Libya’s oil and gas sector. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now A number of board of directors from NOC’s eastern-based subsidiary Brega Read More

Petrofac sells remaining 51% of Mexican operations

7 hours ago DieselGasoil Comments Off on Petrofac sells remaining 51% of Mexican operations
9/19/2019 LONDON – Petrofac has signed an agreement to sell its remaining 51% interest in its operations in Mexico, including Santuario, Magallanes and Arenque, to Perenco International. The terms of the transaction are substantially the same as the sale of a 49% non-controlling interest to Perenco in October 2018. The transaction is subject to regulatory Read More

Schlumberger highlights “The Future is Open” at SIS Global Forum

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9/19/2019 LONDON – Schlumberger announced today its biennial event, the SIS Global Forum 2019, has surpassed expectations, laying firm foundations for a new era of openness and widespread collaboration in the oil and gas industry. This reaffirms the importance of the Forum in bringing together key industry players and enabling the acceleration of the digital Read More

TGS kicks off latest 3D survey offshore Africa

8 hours ago DieselGasoil Comments Off on TGS kicks off latest 3D survey offshore Africa
9/19/2019 ASKER, NORWAY – TGS has has fired first shot to commence a new survey in the MSGBC Basin, offshore north-west Africa. The Senegal Ultra-Deep offshore 3D survey covers over 4500km2, with a modern broadband acquisition set-up. It is being undertaken in partnership with GeoPartners – using the vessel, BGP Prospector – and has the Read More

Talos Energy strikes Gulf of Mexico deals with BP, ExxonMobil

8 hours ago DieselGasoil Comments Off on Talos Energy strikes Gulf of Mexico deals with BP, ExxonMobil
9/19/2019 HOUSTON – Talos Energy has entered into two separate agreements with BP and Exxon Mobil related to new exploration opportunities in the U.S. Gulf of Mexico. The Company will work with BP to drill and evaluate the Puma West prospect, located in Talos-owned Green Canyon Block 821, in the fourth quarter of 2019. Additionally, Read More

Oil rises amid doubts about speed of Saudi recovery from attacks

8 hours ago DieselGasoil Comments Off on Oil rises amid doubts about speed of Saudi recovery from attacks
By Grant Smith on 9/19/2019 LONDON (Bloomberg) – Oil rose amid doubts about the speed of Saudi Arabia’s recovery from the weekend’s attack on its facilities that knocked out a large chunk of its production. Futures gained 2.1% in New York after paring around half of Monday’s 15% surge over the past two days. The Read More