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Bakken shale production growth will be constrained by flaring restrictions and infrastructure bottlenecks, says GlobalDa


There is considerable potential to raise the crude oil production in the Bakken shale play from the current level of approximately 1.44 million barrels of oil per day (mmbd) to at least 2 mmbd. However, flaring regulations and infrastructure bottlenecks

Oil prices slide as U.S.-China trade war escalates

Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods including

Asian refiner profits hammered by free-fall in fuel oil margins


Asian refining margins have tumbled more than 50% since mid-July on anticipation of plummeting demand for high sulfur fuel oil

Canada’s Alberta extends oil curtailments through 2020 due to slow pipeline progress


The government of Canada’s main oil-producing province, Alberta, said on Tuesday it was extending mandatory curtailments on crude production by

Aramco still part of west coast refinery project, says Hindustan Petroleum chief


Nothing to my knowledge which says that the deal is not on, says Surana

Saudi Aramco’s decision to invest over ₹1

Oil prices nudge higher, eyes on speech by Fed chair


Oil prices clawed back the previous day’s losses on Friday, with Brent nudging above $60 a barrel, as tighter supplies

Oman crude price to be sold in October 2019 crosses $60 a barrel


The marker price of Oman crude that will be sold in October 2019 has once again crossed $60 a barrel,

LNG market needs better answer than rigid oil-linked contracts


The price of liquefied natural gas spot sales has ticked up recently in Asia toward $5 per million Btu amid

OPEC daily basket price stood at $60.50 a barrel Thursday, 22 August 2019


The price of OPEC basket of fourteen crudes stood at $60.50 a barrel on Thursday, compared with $60.66 the previous

ADNOC awards Tenaris long-term agreement for tubulars and services


Tenaris announced that the Abu Dhabi National Oil Company (ADNOC) has awarded it a long-term contract for the provision of

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