9/26/2020 WASHINGTON – The American Petroleum Institute (API) issued the following statement following the Trump administration’s announcement to extend the existing offshore moratorium in the
Read more
Tag: petroleum
Exxon shortlists bidders for Malaysian assets valued at up to $3 billion
By Elffie Chew, Manuel Baigorri and Yantoultra Ngui on 9/25/2020 (Bloomberg) –Exxon Mobil has narrowed the list of bidders for its oil-producing offshore assets in
Read more
ALPHA ENERGY, INC. entered into a Option Agreement with Kadence Petroleum, LLC. The Agreement is to acquire oil and gas assets in Oklahoma in the Logan 2 Project.
HOUSTON, Sept. 25, 2020 (GLOBE NEWSWIRE) — Alpha Energy, Inc. (OTC.PK – APHE) (“Alpha”) announced today a definitive Option Agreement with Kadence Petroleum, LLC to
Read more
Indian farmers block roads & railways in protest over controversial grain trade bills (PHOTOS)
Indian farmer groups have called for a nationwide strike against bills they say will endanger their livelihoods. The government insists that the legislation will free
Read more
Asian condensates supported by higher naphtha margins, downside risks persist
Highlights Nov loading condensates see higher price differentials Asia facing tight supply of cracker-feed naphtha –> Singapore — Price differentials for November loading Asian condensate
Read more
REFINERY NEWS ROUNDUP: August runs in India fall on lockdown
–> London — Average capacity utilization for all categories of refineries in India declined to 76% in August from 83% in the previous month, the
Read more
Japanese traders’ appetite for kerosene imports stimulated by cold
Highlights Japan’s July kerosene imports highest for month since 2003 Talks underway on South Korean kerosene supply Most of Japan forecast to experience cold weather
Read more
DNO ASA: FAPE01 bond buyback
Oslo, 25 September 2020 – DNO ASA, the Norwegian oil and gas operator, today purchased USD 1.2 million in nominal value of FAPE01 bonds (ISIN
Read more
Newfoundland and Labrador premier announces new offshore exploration incentives
9/24/2020 The Government of Newfoundland and Labrador announced the establishment of a new offshore exploration initiative to provide companies with the incentive to drill more
Read more
Colorado regulatory agency approves new rules to prevent leaks at new well sites
Highlights Operators must capture 95% of pollutants Rules slated to go into effect May 2021 –> Denver — As the Colorado oil and gas industry
Read more