Northern Exposure For Gulf Coast As Canadian Heavy Crude Flows South

Northern Exposure For Gulf Coast As Canadian Heavy Crude Flows South

As Canada’s domestic producers export heavy crude to the U.S. refiners on the Gulf Coast, many of the country’s refineries are forced to import volumes of light oil. 

Schlumberger, earnings, first-quarter earnings, oilfield service, Paal Kibsgaard

Schlumberger CEO Warns Of Tightening Oil Market

The company’s chief executive says more global E&P spending is needed to minimize an impending production deficit.

Chart: Western Rig Count As of April 20, 2018

California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming

Chart: Eastern Rig Count As Of April 20, 2018

Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia

Chart: Gulf Coast Rig Count As Of April 20, 2018

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

Rockhopper Exploration, Sea Lion Field, Premier Oil, Falkland Islands oil and gas, North Falkland Basin, oil and gas FID

Rockhopper, Premier Progress Toward Sea Lion FID

Developers of the field, located in the North Falkland Basin, hope to sanction the first phase of the project by year-end 2018 as costs fall.

Nexans, umbilical, subsea technology, Jon Arne Hall, direct heating

Direct Heating Helps Overcome Deepwater Flow Challenges

Nexans gives insight on the changing role of umbilicals and the importance of pipeline heating to subsea flow assurance.

Cooperating To Expedite Innovation In Subsea Oil, Gas Sector

Partnership influences product development that reflects changes in operational demands.

USE It Act, carbon capture, utilization and sequestration, CCUS, CO2 EOR, oil and gas technology

Bipartisan Energy Legislation Highlights Benefits Of Carbon Capture

The so-called USE It Act encourages carbon capture, utilization and sequestration projects with focus on technology development and adding commercial value such as for CO2 EOR.

Bahrain oil discovery, shale oil, Bahrain oil and gas

Bahrain’s Shale Ambitions Remain In Limbo

The economic impact of Bahrain’s recent oil discovery depends on how much of the estimated reserves are commercially viable to extract.

Australian Billionaire Pitches LNG Rescue Plan For Energy-Starved States

Speaking in China, iron ore magnate Andrew Forrest unveils ambitious western-to-eastern Australia gas plans.


IEF16: India, China Look To Protect Interests As Oil Consumers

The two nations plan to draw up a joint strategy for sourcing crude oil from the international market.