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LLOG reports start of production at Buckskin Project, in deepwater GOM

10 hours ago DieselGasoil Comments Off on LLOG reports start of production at Buckskin Project, in deepwater GOM
6/25/2019 COVINGTON — LLOG Exploration Company, LLC has announced that it has initiated production from the Buckskin Project in the deepwater Gulf of Mexico. Buckskin is located on Keathley Canyon Blocks 785, 828, 829, 830, 871 and 872 in approximately 6,800 ft of water. The initial phase of this large-scale, deepwater project consists of two Read More

BLOC-X launches first independent e-trading software for OTC oil block futures markets

10 hours ago DieselGasoil Comments Off on BLOC-X launches first independent e-trading software for OTC oil block futures markets
6/25/2019 LONDON — BLOC-X has announced the launch of its electronic trading software for over-the-counter (OTC) oil block futures transactions. As the first independent trading solution for oil block futures, BLOC-X aims to reduce transaction costs for market traders by up to 90% and to create a level playing field for all market participants eliminating Read More

Crowcon releases HMI to provide complete gas and hazard visibility solution

10 hours ago DieselGasoil Comments Off on Crowcon releases HMI to provide complete gas and hazard visibility solution
6/25/2019 ABINGDON — Crowcon has developed an HMI solution that creates complete system visibility. The solution can run alongside existing DCS/SCADA/PLC systems or mimic panels which are used to monitor wider system views, often incorporating other sensors including security, flow, smoke and fire. Crowcon HMI. Crowcon’s product manager William Allum explains, “This solution enables our Read More

Saudi Aramco says it can keep oil flowing if Hormuz hit

11 hours ago DieselGasoil Comments Off on Saudi Aramco says it can keep oil flowing if Hormuz hit
By Heesu Lee on 6/25/2019 SEOUL (Bloomberg) –Saudi Arabian Oil has the experience and infrastructure it needs to keep crude flowing should supply through the Strait of Hormuz be disrupted, according to the CEO of the state-run producer.“We are increasing our readiness,” Amin Nasser said in an interview in Seoul on Tuesday. “We can supply Read More

UAE seeks to secure energy supplies, defuse Middle East tensions: ADNOC CEO

12 hours ago DieselGasoil Comments Off on UAE seeks to secure energy supplies, defuse Middle East tensions: ADNOC CEO
London — The UAE will cooperate with its allies to tamp down rising tensions in the Middle East and ensure secure energy shipments in the world’s largest oil producing region, the head of Abu Dhabi’s state-owned oil company said Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “The Read More

Analysis: China gasoline exports to rebound in June on new quota, oversupply

13 hours ago DieselGasoil Comments Off on Analysis: China gasoline exports to rebound in June on new quota, oversupply
Singapore — China gasoline exports in May fell 42.4% year on year and 27.6% from the previous month to 850,000 mt, but market sources expected volumes to rebound in June after export quota allocations mid-May and amid an oversupply in the domestic market. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

China’s May gasoline exports fall 28%, gasoil drops 52% on month

18 hours ago DieselGasoil Comments Off on China’s May gasoline exports fall 28%, gasoil drops 52% on month
China’s May gasoline exports fell by 27.6% on the month to around 850,000 mt, from 1.17 million mt in April, latest data released late Monday by the General Administration of Customs showed. Gasoil exports also dropped. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The decline in gasoline exports Read More