OAG360 – Page 552 – Oil & Gas 360

U.S. ‘deeply concerned’ about untrackable China ships carrying Iran oil: officials

October 16, 2019

Source: Reuters WASHINGTON (Reuters) – The White House is warning Chinese shipping companies against turning off their ships’ transponders to hide Iranian oil shipments in violation of U.S. sanctions, two senior administration officials said. “We’ve been messaging very heavily to the shipping companies, you don’t want to do this, it’s not worth it,” said one official, who spoke to Reuters

Occidental estimates higher third-quarter production on Permian boost

October 15, 2019

Source: Reuters Oil and gas producer Occidental Petroleum nudged its estimate for third-quarter production higher on Tuesday, helped by fewer shutdowns in Colorado’s DJ basin and strong performance in its Permian Resources unit. The shale producer, which completed the purchase of rival Anadarko Petroleum in August, now expects production from continuing operations to be 1.1 million to 1.12 million barrels

South Korea’s U.S. crude imports jump in September; no imports from Iran

October 14, 2019

Source: Reuters SEOUL (Reuters) – South Korea’s crude oil imports from the United States more than doubled in September, while its imports of Iranian oil remained zero for a fifth month in a row due to U.S. sanctions, customs data showed on Tuesday. U.S. crude oil imports were 1.62 million tonnes in September, or 395,190 barrels per day (bpd), compared

https://www.chron.com/business/energy/article/One-Month-After-Worst-Oil-Supply-Halt-Aramco-14519688.php?cmpid=ffcp#photo-18379278-oag360

One month after worst oil-supply halt, Aramco says all clear

October 14, 2019

Source: Houston Chronicle In the early hours of a sweltering Saturday in September, a volley of missiles pierced the heart of Saudi Arabia’s oil industry, knocking out 5% of global production. A month later, it’s as if the attack never happened. Saudi Aramco says it’s currently pumping 9.9 million barrels a day, the same as before the Sept. 14 attacks

Trump says US has come to a substantial phase one deal with China

October 11, 2019

Source: CNBC The U.S. has come to a “very substantial phase one deal” with China in the high-stakes trade negotiations between the two economic superpowers, President Donald Trump said Friday. “Phase two will start almost immediately” after the first phase is signed, Trump said in the Oval Office alongside Chinese Vice Premier Liu He. The first portion of the trade

Attacks on Saudi Aramco have no impact on IPO plans: CEO

October 11, 2019

Source: Reuters LONDON (Reuters) – Saudi Aramco’s chief executive said on Wednesday there would be no impact on the stock market listing plans of the state oil giant after attacks on its installations last month, which he blamed on Iran. Attacks such as those on Sept. 14, which sent oil prices up as much as 20%, may continue if there

The Scrum Begins: How States are Using the Clean Water Act to Stop Pipelines

April 4, 2018

Oil & Gas 360® recently interviewed John P. Englert, an environmental law lawyer with Saul Ewing Arnstein & Lehr LLP. Englert counsels a wide array of industrial and energy clients on environmental safety and health matters. In our interview with Englert, we talked about the Clean Water Act, and how some states are using it to block pipeline construction. What

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