ExportGeneral Corporation are global sellers of Nigerian light crude oil of good reputation. Export General Corp is a leader in the of Bonny Light Crude Oil (BLCO) sales market.
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EIA expects U.S. natural gas prices to stay high through the winter
In its October Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that natural gas spot prices at the U.S. benchmark Henry Hub will see the highest average winter price since 2007–2008. More » http://dlvr.it/S9qXDG
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Russia decides not to increase natural gas shipments to Europe
Russia is keeping a tight grip on Europe’s energy market, opting against sending more natural gas to the continent even after President Vladimir Putin said he was prepared to boost supplies. More » http://dlvr.it/S9qXCp
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Asia seeks more U.S. oil exports as Brent prices climb
Asian demand for U.S. oil is rising as the energy crisis boosts prices for other crudes that are priced against the global Brent futures contract. More » http://dlvr.it/S9pNrq
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Manchin opposes clean energy plan in Biden’s spending package
Senator Joe Manchin has told the White House and congressional leaders that he will not support including a key clean-power provision in the Democrats’ spending package, putting at risk a central element of the legislation designed to fight climate change, according to a person familiar with the matter. More » http://dlvr.it/S9pNnx
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Occidental sells $750MM Ghana stakes as part of debt-reduction focus
Occidental Petroleum Corp. agreed to sell its stakes in two Ghanaian oil fields for $750 million, ending a two-year divestment effort aimed at cutting debt. More » http://dlvr.it/S9dMqm
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Turkish Petroleum awards Schlumberger contract to tap its largest gas reserve
Turkish Petroleum has awarded Schlumberger a significant contract for the engineering, procurement, construction and installation (EPCI) of end-to-end production solutions for the Sakarya gas field, Turkey’s largest gas reserve. More » http://dlvr.it/S9dMqF
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2021 World Oil Awards winners honored at live gala
Honorees received awards in 18 categories, encompassing the full breadth of the upstream industry. Today’s innovations, many of which would have seemed far-fetched a generation ago, are enabling operators to find and produce hydrocarbons more safely, economically, and efficiently. More » http://dlvr.it/S9cCMW
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California’s Monterey county loses bid to restart oil drilling ban
A coastal California county’s attempt to curb new oil and gas development suffered another blow when an appeals court upheld a ruling striking down a ban on new wells and hydraulic fracturing. More » http://dlvr.it/S9bRng
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Global energy demand triggers unusual decline at U.S. oil hub
Crude oil inventories at the biggest storage hub in the U.S. posted their steepest decline this week than in any October in five years as demand for exports and from refineries pull barrels to the Gulf Coast instead. More » http://dlvr.it/S9bRn8
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Democrats seek stricter regulation of offshore oil and gas infrastructure
House Democrats are making the case for stricter regulation of thousands of abandoned wells, platforms and pipelines off the U.S. coasts following the biggest off-shore spill in California in nearly 30 years. More » http://dlvr.it/S9ZdS1
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OPEC credits its oversight with preventing oil price chaos
Oil’s stability relative to natural gas and coal underscore that OPEC+ is doing a good job balancing supply and demand, said the energy ministers of Saudi Arabia and Russia. More » http://dlvr.it/S9ZdNQ
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Finalists announced for the 2021 WPC Excellence Awards
The objective of the WPC Excellence Awards is to distinguish companies, institutions or any public or private organization engaged in the oil and gas industry for promoting or operating with high excellence standards. More » http://dlvr.it/S9VTcH
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IEA says anti-gas climate policies didn’t cause Europe’s gas crisis
Government climate policies and the transition away from fossil fuels are not to be blamed for the energy crisis ravaging Europe and Asia, according to the International Energy Agency. More » http://dlvr.it/S9VTcs
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Europe’s industrial sector cuts natural gas demand as prices soar
Europe’s industrial sector has started to cut demand for natural gas, as record prices have made the fuel prohibitive for many consumers. More » http://dlvr.it/S9Pvt6
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Blackrock CEO says the world is on track to lose climate change fight
BlackRock Inc. Chief Executive Officer Larry Fink said emerging economies need about $1 trillion a year over the next three decades for the world to achieve carbon neutrality. More » http://dlvr.it/S9Pvx8
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Brunei Shell Petroleum Company and AccessESP successfully complete GoRigless ESP pilot project
The GoRigless ESP System is a proprietary through-tubing deployment and slickline-retrieval technology for AccessESP high-performance permanent magnet motors and industry-standard ESP pumps. More » http://dlvr.it/S9P8xj
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Oil prices hold gains as energy shortages boost winter demand
Oil in New York held above $80 a barrel on expectations that a power crisis from Asia to Europe will continue to lift demand, prompting banks to boost their price forecasts. More » http://dlvr.it/S9P8ws
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