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Guyana isn’t ready for its pending oil riches, but ExxonMobil is

7 days ago DieselGasoil Comments Off on Guyana isn’t ready for its pending oil riches, but ExxonMobil is
By Kevin Crowley on 8/13/2019 HOUSTON (Bloomberg Markets) – This tiny nation on the north coast of South America is about to become the world’s newest petrostate—and potentially the richest. In 2015, ExxonMobil made what one of its executives described as a “fairy tale” discovery in the vast Stabroek exploration block off the Guyanese coast. Read More

Blue Mountain Midstream Announces Open Season for Crude Oil & Water Gathering Systems

4 weeks ago DieselGasoil Comments Off on Blue Mountain Midstream Announces Open Season for Crude Oil & Water Gathering Systems
HOUSTON, July 22, 2019 (GLOBE NEWSWIRE) — Blue Mountain Midstream LLC (“Blue Mountain”), a wholly owned subsidiary of Riviera Resources, Inc. (OTCQX: RVRA), announced today its subsidiaries Wildcat Oil Gathering LLC (“Wildcat Oil Gathering”) and Wildcat Water Gathering LLC (“Wildcat Water Gathering”) have launched an Open Season for new systems and services in central Oklahoma. Read More

US sanctions Cuba’s state-owned oil company for continuing Venezuelan imports

2 months ago DieselGasoil Comments Off on US sanctions Cuba’s state-owned oil company for continuing Venezuelan imports
Highlights Treasury removes Italian shipper PB Tankers from sanctions Platts Analytics sees Venezuela’s Q3 output at 790,000 b/d Next US sanction deadline looms July 27 for US drillers Washington — The US Treasury Department said Wednesday it has sanctioned Cubametales, Cuba’s state-run oil import and export company, for continuing to import crude and other products Read More

China’s gasoline exports to Mexico continues to grow in May

2 months ago DieselGasoil Comments Off on China’s gasoline exports to Mexico continues to grow in May
Singapore — Just like in April, Mexico has emerged the destination with the second highest volume of China’s gasoline exports in May, detailed data released by the General Administration of Customs showed late Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Mexico was also the only direct recipient, Read More