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American Gilsonite Company has appointed V.P., CCO

2 days ago DieselGasoil Comments Off on American Gilsonite Company has appointed V.P., CCO
2/19/2019 Photo: Craig Mueller. HOUSTON — American Gilsonite Company (AGC), exclusive supplier of Gilsonite, is pleased to announce the appointment of Craig Mueller as V.P. and CCO, effective immediately. Mr. Mueller is responsible for AGC’s commercial strategy, business development, advancement of technologies for customer-focused products and leadership of its worldwide sales team. He will work Read More

American Gilsonite Company has appointed V.P, CCO

2 days ago DieselGasoil Comments Off on American Gilsonite Company has appointed V.P, CCO
2/19/2019 HOUSTON — American Gilsonite Company (AGC), exclusive supplier of Gilsonite, is pleased to announce the appointment of Craig Mueller as V.P. and CCO, effective immediately. Mr. Mueller is responsible for AGC’s commercial strategy, business development, advancement of technologies for customer-focused products and leadership of its worldwide sales team. He will work closely with AGC’s Read More

Repsol makes significant gas discovery in Indonesia

2 days ago DieselGasoil Comments Off on Repsol makes significant gas discovery in Indonesia
By Andrew Harwood, Wood Mackenzie on 2/19/2019 SINGAPORE — SKK Migas has confirmed a gas discovery at the Repsol-operated Sakakemang PSC, onshore Central Sumatra, Indonesia, according to Wood Mackenzie’s research director Andrew Harwood.  Repsol’s Kali Berau Dalam-2 well re-entered after well control problems in late 2018, having targeted the Pre-Tertiary fractured basement play. Prior to Read More

Egypt is shaping up to become a real energy hub

4 days ago DieselGasoil Comments Off on Egypt is shaping up to become a real energy hub
Egypt’s oil and gas future looks very bright. The large scale concessions awarded during the EGYPS2019 conference in Cairo, 11-13 February, shows the appetite of IOCs, such as Shell, BP and ENI in this emerging energy hotspot. After years of a major slump, partly due to continuing payment and security issues, the Pharaohs are again Read More

Buffett's oil bet not only a rallying cry for fracers

6 days ago DieselGasoil Comments Off on Buffett's oil bet not only a rallying cry for fracers
By Liam Denning on 2/15/2019 Photo: Warren Buffett, investor. NEW YORK (Bloomberg Opinion) — Warren Buffett showing up in your share register can be a bittersweet affair. It confers a certain halo around your stock but also brings confirmation that it had gone to a dark place indeed. Such is the way to read Berkshire Hathaway Read More

Aramco comes out to play on an empty playground

1 week ago DieselGasoil Comments Off on Aramco comes out to play on an empty playground
By Liam Denning on 2/14/2019 Manifa oilfield. Photo: Saudi Aramco. NEW YORK (Bloomberg Opinion) — According to Khalid Al-Falih, Saudi Arabia’s energy and industry minister and chairman of Saudi Arabian Oil Co., “the world is going to be Saudi Aramco’s playground.” If it is, then that will be partly because some others have ceded ground. In Read More

Upstart pitches plan for cheapest U.S. gas on water

1 week ago DieselGasoil Comments Off on Upstart pitches plan for cheapest U.S. gas on water
By Naureen S. Malik and Christine Buurma on 2/14/2019 Photo: Venture Global LNG. NEW YORK (Bloomberg) — A little-known company is planning to be a standout in the crowded field of U.S. shale gas exports by slashing construction costs for the massive terminals that turn gas into a transportable liquid. The founders of Venture Global LNG Read More

With Iran squeezed out, U.S. oil takes on new rivals in Europe

1 week ago DieselGasoil Comments Off on With Iran squeezed out, U.S. oil takes on new rivals in Europe
MOSCOW/NEW YORK (Reuters) – When the global oil trading industry gathered for its biggest annual meeting in Asia in September last year, U.S. oil producing companies came well prepared. FILE PHOTO: A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018. REUTERS/Liz Hampton/File Photo U.S. giant Exxon Mobil Read More

South Africa oil discovery could be a game-changer

1 week ago DieselGasoil Comments Off on South Africa oil discovery could be a game-changer
South Africa’s offshore has just yielded a massive natural gas and condensate find that could open a new exploration province for oil majors and change the energy fortunes of the country. France’s major Total said that it had made a significant discovery on the Brulpadda prospects off the southern coast of South Africa. “With this discovery, Total Read More

Chevron aligns strategy with Paris deal but won't cap output

2 weeks ago DieselGasoil Comments Off on Chevron aligns strategy with Paris deal but won't cap output
By Kevin Crowley and Eric Roston on 2/7/2019 Photo: Chevron. HOUSTON and NEW YORK (Bloomberg) — Chevron Corp. vowed to cut greenhouse gas emissions in alignment with the Paris Accord on climate change, potentially averting a shareholder rebellion at its annual general meeting. The U.S. oil major pledged to reduce air pollution intensity by 25% Read More