From Bloomberg Exports of the Permian Basin’s newest kind of oil are set to jump as production surges, exceeding the appetite of U.S. refiners. Sales of the new grade, known as West Texas Light, began in September, as explorers sought to separate out increasingly lighter and less sulfurous crude bubbling up from wells in West Texas and New Mexico, so
From Reuters Canadian oil producers are raking in the highest revenues in five years thanks to strong global oil prices and Alberta’s production cuts, but government intervention has hamstrung their spending abilities, encouraging many to buy back shares and pay down debt. Canada’s main crude-producing province effectively became a mini-OPEC this year after the Alberta government imposed production quotas to
From The Wall Street Journal Saudi Arabia said Tuesday it halted pumping on a major oil pipeline after it was hit by armed drones, an attack claimed by Yemen Houthi rebels allied with Tehran. The drone attack was the latest on Saudi energy infrastructure after two of its oil tankers were damaged near the Strait of Hormuz over the weekend. Pro-Houthi media
From Reuters China said on Monday it would raise tariffs on liquefied natural gas (LNG) imports from the United States amid a series of additional levies, a move that could further reduce U.S. LNG shipments to the world’s fastest growing importer of the fuel. So far this year, only two LNG vessels have gone from the United States to China,
Alvopetro Announces Operational Update and First Quarter Financial and Operating Results
From Bloomberg Russia is racing to return oil exports to normal after deliveries to eastern Europe were cut by a contamination crisis that shut down parts of the giant Druzhba pipeline almost a month ago. Where has supply been restored? Shipments to Belarus via Druzhba have restarted, while oil transport in the direction of Ukraine via the pipe’s southern branch is running
Delek Logistics Partners, LP to Participate in the 2019 MLP & Energy Infrastructure Conference
Hyduke Announces Filing of Q1 2019 Materials
From Bloomberg U.S. oil shipments are likely to be a casualty of the trade war with China, even though crude was spared from the latest list of American goods targeted with retaliatory tariffs. While oil has never been subject to levies during the dispute between the world’s two biggest economies, the flow of American cargoes to China has nevertheless been throttled by
From Bloomberg A ride through the Permian Basin’s little-drilled southwest corner looks a bit like the rest of the shale patch. Mesquite dots the dry landscape, and bumpy oilfield roads link well sites to the main highways. But there are a couple of big differences: The drilling rights to about 300,000 acres in the field belong to a single company,
Zargon Oil & Gas Ltd. Provides 2019 First Quarter Results
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
