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Middle East driving global growth in conventional oil output

10 hours ago DieselGasoil Comments Off on Middle East driving global growth in conventional oil output
11/15/2018 Source: Rystad Energy UCube. OSLO — Middle Eastern oil production is expected to grow by 2.7 MMbpd by 2025, according to latest Rystad Energy analysis. The boost in conventional oil output from the Middle East is primarily driven by supply additions from Iraq with 1.5 MMbpd growth, and an additional 1.2 MMbpd mainly coming Read More

CNL Named One of Canada’s ‘Top 100 Employers’

11 hours ago DieselGasoil Comments Off on CNL Named One of Canada’s ‘Top 100 Employers’
Canada’s national nuclear laboratory recognized for its strong employee recognition programs and commitment to community support CHALK RIVER, Ontario, Nov. 15, 2018 (GLOBE NEWSWIRE) — Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, announced today that it has once again been recognized as one of Canada’s Top 100 Employers, the third consecutive Read More

‘Too many men’: Financial Times develops fembot to warn journalists of sexism

13 hours ago DieselGasoil Comments Off on ‘Too many men’: Financial Times develops fembot to warn journalists of sexism
The Financial Times has a woman problem, or so it thinks. In the push for gender equality, and to reach out to female readers, boffins at the paper have developed a bot that warns journalists when they’re quoting too many men. The paper, which mostly covers the stuffy, male-dominated worlds of finance and industry, found Read More

UK's troubled Elgin-Franklin fields regain high output levels: Premier Oil

15 hours ago DieselGasoil Comments Off on UK's troubled Elgin-Franklin fields regain high output levels: Premier Oil
Singapore — Strong selling interest this month in Abu Dhabi’s Murban crude oil is driving trading activity for Oman partials in the Platts Market on Close assessment process this month, as traders tackle weak demand in the broader market. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Spot differentials Read More

Citi says oil's record plunge is a U.S. phenomenon

18 hours ago DieselGasoil Comments Off on Citi says oil's record plunge is a U.S. phenomenon
By Dan Murtaugh on 11/15/2018 SINGAPORE (Bloomberg) — American fingerprints are all over oil’s record losing streak that’s plunged prices into a bear market.  The State Department’s zigzag on Iran sanctions, President Donald Trump’s tweets about OPEC supply, the demand-sapping trade war with China and the explosion of shale oil production are all key factors Read More

Natural gas skyrockets as China pledges huge supply boost

18 hours ago DieselGasoil Comments Off on Natural gas skyrockets as China pledges huge supply boost
With an eye on last winter’s natural gas supply debacle, Chinese state-owned energy giant CNOOC has pledged a 20 percent rise in gas supply, the company said on Tuesday. The company, one of three state-run oil majors, said that it will supply 24.6 billion cubic meters (bcm) of natural gas during the heating season that Read More

Repsol to re-use existing North Sea platform

19 hours ago DieselGasoil Comments Off on Repsol to re-use existing North Sea platform
By Mikael Holter on 11/15/2018 OSLO (Bloomberg) — Oil companies have pushed through draconian cost cuts during the recent industry slump, but they’re not done yet.  Spain’s Repsol unveiled plans to re-use its Gyda platform in Norway’s North Sea on another field, an unprecedented step for a fixed installation, according to the head of Repsol’s Read More

Conoco considering North Sea asset sale by year end

1 day ago DieselGasoil Comments Off on Conoco considering North Sea asset sale by year end
By Will Kennedy, Dinesh Nair, Kiel Porter and Alex Nussbaum on 11/14/2018 LONDON (Bloomberg) — ConocoPhillips plans to invite bids by the end of the year for its remaining North Sea assets, which could be valued at up to $3 billion in a sale, according to people with knowledge of the matter. The assets, which Read More