Crude Oil
OPEC output climbed 173,000 BPD in July 🔓
Total crude oil production from the Organization of Petroleum Exporting Countries increased 173,000 barrels per day (BPD) in July from June, to average 32.87 million barrels per ...
OPEC, U.S. crude production to rise slightly in 2017, 2018: STEO
Total OPEC crude oil production is expected to increase by 0.2 million barrels per day (MMBPD) in 2017, and by 0.5 MMBPD in 2018, the Energy Information Administration reports in ...
Shell’s oil facility in Nigeria remains closed 🔓
icegram campaigns=”30234″]Shell said Wednesday it’s working towards safe resumption of operations at a crude oil facility in the Niger Delta, after hundreds of protesters last week invaded ...
Massive North Dakota oil spill not yet cleaned up – more than 3 years after occurence
Thirty-nine months after it occurred, a 20,000-barrel (Bbl) oil spill in North Dakota still isn’t fully cleaned up – and the company responsible for the accident has yet to set ...
Nigerian rebels hit Chevron facilities
Nigerian militants have claimed an attack on Chevron-operated oil pipelines — less than two weeks after the government declared a cease-fire, and even as a worker strike further hampered efforts ...
Could Western Pennsylvania get a second cracker plant?
Could western Pennsylvania be getting a second ethane cracker plant? That possibility surfaced at an Aug. 23 public meeting in Beaver County where Royal Dutch Shell has ...
Iran’s oil production comeback could be over
Iran, which easily beat expectations for how fast it boosted crude oil exports after sanctions were lifted, now needs a massive cash injection and the easing of remaining trade barriers, ...
Arson destroys construction equipment on Dakota Access Pipeline
Federal and state agencies are investigating a $2 million fire suspected of being arson along the Dakota Access Pipeline in central Iowa, Kallanish Energy reports. The fire ...
Nigerian militants claim new pipeline attack, threaten to sink tankers
The Nigerian militant group calling itself the Niger Delta Avengers (NDA) claimed Thursday to have blown up a pipeline belonging to the Nigerian National Petroleum Corp. (NNPC), the first attack ...
Venezuela’s state-owned PDVSA has issued at least $310M in debt
Venezuela’s state-owned oil company, PDVSA, has issued at least $310 million in debt to companies including General Electric as it negotiates private issues to pay off its suppliers, industry sources ...