2015-12-04 21:40:00
OPEC STRATEGY UNCHANGED
Opec is expected to stick with its strategy of not cutting oil production when its ministers meet in Vienna on Friday, with the cartel split over who should take responsibility for reducing supply to support prices.
Delegates and Opec ministers say it is highly likely they will either rollover its 30m-barrel-a-day output target or increase it to accommodate the readmittance of Indonesia to the group, even though prices have slumped close to six-year lows.
However, Saudi Arabia,…
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2020, September, 28, 11:44:00
TANK FARMS AND OIL TERMINALS IN RUSSIA, CONFERENCE AND EXIBITION
We are glad to announce that the 15th Technical Conference Tank Farms and Oil Terminals: from Advanced Design to Operational Excellence 2020 is now open.
The event will take place on 12-13 November 2020, in Saint-Petersburg.
2020, September, 28, 11:40:00
CHINA'S CARBON NEUTRALITY 2060
Official greenhouse gas measurements place China as the world’s largest emitter, at almost 12,500 million tonnes a year,
2020, September, 28, 11:35:00
VIRTUAL POWER PLANTS FOR CONSUMERS
Now, electric grids are increasingly decentralizing, giving rise to cloud-based systems that pool resources to meet fluctuating consumer demand.
2020, September, 28, 11:30:00
U.S. RIGS UP 6 TO 261
U.S. Rig Count is up 6 from last week to 261, Canada Rig Count is up 7 from last week to 71
2020, September, 25, 13:20:00
OIL PRICE: NEAR $42
Brent was up 30 cents at $42.24 a barrel, WTI rose 23 cents to $40.54 a barrel.
2020, September, 25, 13:15:00
U.S. GAS CONSUMPTION DOWN
Natural gas consumption in the U.S. industrial sector declined from 25.4 billion cubic feet per day (Bcf/d) in January 2020 to 20.1 Bcf/d in June 2020,
2020, September, 25, 13:10:00
CHINA LNG IMPORTS UP
China LNG imports are set to hit a record 65-67 million tonnes this year