Archive for the ‘Oil & Gas’ Category

China’s biggest oil & natural gas basin reaches record output

Monday, December 28th, 2020

China’s biggest oil & natural gas basin reaches record output www.rt.com/business/510889-china-largest-oilfield-record-production/

China Is Set to Eclipse America as World’s Biggest Oil Refiner

Sunday, November 22nd, 2020

China Is Set to Eclipse America as World’s Biggest Oil RefinerUpdate news . . .www.bloomberg.com/news/articles/2020-11-21/china-is-set-to-eclipse-america-as-world-s-biggest-oil-refiner?srnd=premium-asia

China looks to boost oil exploration, expand oil & gas storage

Thursday, November 5th, 2020

China looks to boost oil exploration, expand oil & gas storage www.rt.com/business/505578-china-oil-exploration-boost/

Global oil refining faces shake-up from Asian plastics boom

Saturday, September 12th, 2020

Global oil refining faces shake-up from Asian plastics boomwww.livemint.com/industry/energy/global-oil-refining-faces-shake-up-from-asian-plastics-boom-11598411803929.html

In China, the biggest of these is Rongsheng Petrochemical Co.’s plant on Zhoushan island, near Ningbo. The 800,000 barrel-a-day operation opened in 2019 and will reach full capacity before year-end. An Indian Oil Corp.-led group is planning a gigantic 1.2 million barrels a day oil-to-chemicals complex on the country’s west coast. Saudi Aramco, as part of its strategy to invest downstream in Asia, has or plans to take a stake in both projects.

Exclusive: Exxon downsizes global empire as Wall Street worries about dividend –

Tuesday, September 8th, 2020

Exclusive: Exxon downsizes global empire as Wall Street worries about dividend – Reuters www.reuters.com/article/us-exxon-mobil-spending-exclusive/exclusive-exxon-downsizes-global-empire-as-wall-street-worries-about-dividend-idUSKBN25Z0H7

Valaris, world’s largest offshore rig owner, declares bankruptcy

Thursday, August 20th, 2020

Valaris, world’s largest offshore rig owner, declares bankruptcy.

www.worldoil.com/news/2020/8/19/valaris-world-s-largest-offshore-rig-owner-declares-bankruptcy

The U.S. Brings State-Sponsored Piracy Into the 21st Century

Monday, August 17th, 2020

The U.S. Brings State-Sponsored Piracy Into the 21st Century

www.google.com/amp/s/www.bloomberg.com/amp/opinion/articles/2020-08-16/the-u-s-brings-state-sponsored-piracy-into-the-21st-century

Abu Dhabi to Merge Oil Services Firms Into National Champion – Bloomberg

Sunday, August 16th, 2020

Abu Dhabi to Merge Oil Services Firms Into National Champion

www.bloomberg.com/news/articles/2020-08-16/abu-dhabi-seeks-to-merge-oil-service-firms-npcc-and-nmdc

US seizes 4 Iranian gas tankers en route to Venezuela after threatening to disrupt deliveries – WSJ

Friday, August 14th, 2020

US seizes 4 Iranian gas tankers en route to Venezuela after threatening to disrupt deliveries – WSJ www.rt.com/news/497980-us-seize-iranian-ships-wsj/

Crude oil: Shell Deer Park, Texas, CDUs, coker, hydrotreater shut after fire,

Monday, August 3rd, 2020

Crude oil: Shell Deer Park, Texas, CDUs, coker, hydrotreater shut after fire, Energy News, ET EnergyWorld energy.economictimes.indiatimes.com/news/oil-and-gas/shell-deer-park-texas-cdus-coker-hydrotreater-shut-after-fire/77232199