• Oil and Gas Process Simulation Software Market Revenue 2020 | Develop Rapidly by KBC; Honeywell; Aspen Technology, Inc?; Kongsberg Group Link
    EIN Oil & Gas News Fri 15 Nov 2019 20:41

    The reactions of consumers to a product already existing in the market can be known with this global Oil and Gas Process Simulation Software report. Analysis and estimations derived through the massive information gathered in this Oil and Gas Process Simulation Software market report are extremely necessary when it comes to dominating the market or creating a mark in the market as …

  • Edmonton's Muttart Foundation says oil and gas inquiry creating 'climate of fear' Link
    EIN Oil & Gas News Fri 15 Nov 2019 18:51

    EDMONTON - An established Edmonton charity that has supported philanthropy in the community for more than 65 years says the provincial government's inquiry into so-called anti-Alberta activities is polarizing, undemocratic and unfounded. In a 174-page letter to inquiry commissioner Steve Allan, the Muttart Foundation says the Public Inquiry Into Funding of Anti-Alberta Energy …

  • Are Investors Really Leaving Oil and Gas? Link
    EIN Oil & Gas News Fri 15 Nov 2019 16:01

    by  Jude Clemente |Rigzone Contributor |Friday, November 15, 2019 The reality is the oil and gas sector is way too big and diverse for major institutional investors to not incorporate. There has been a growing push for universities and the investment community at-large to divest from publically traded oil and gas companies. Advocates for stronger climate change policies demand that …

  • One woman's mission for equality in the oil and gas industry Link
    EIN Oil & Gas News Fri 15 Nov 2019 14:00

    Ogutu Okudo of Kenya is on a mission to change that.To help bridge gender gaps in the energy sector, Okudo founded Women in Energy & Extractives (WEX Africa) in 2011. The nonprofit operates in eight African countries and has grown to more than 4,000 members. The group works to reach girls at an early age and encourage them to study science and technology. "We make sure we …

  • Oil rises amid optimism over OPEC supply cuts, hopes on US-China trade Link
    EIN Oil & Gas News Fri 15 Nov 2019 12:00

    OPEC+ on Jan 1 this year cut output by 1.2 million barrels per day (bpd), and in July, renewed the pact until March 2020. Tokyo: Oil prices gained on Friday after OPEC’s forecast for oil demand next year fueled hopes that the producer group and allies will maintain supply cuts when they meet to discuss policy on output next month. Optimism that the United States and China may soon …

  • Oil prices up as hopes build for OPEC supply curbs Link
    EIN Oil & Gas News Fri 15 Nov 2019 10:00

    15 November 2019 12:02 (UTC+04:00) 287 By Trend Oil prices rose on Friday as OPEC’s outlook for oil demand next year fueled hopes that the producer group and its associates will keep a lid on supply when they meet to discuss policy on output next month, Trend with reference to Reuters reports. Optimism that the United States and China could soon sign an agreement to end their trade …

  • Trump’s perplexing insistence on ‘keeping’ Middle Eastern oil Link
    EIN Oil & Gas News Fri 15 Nov 2019 08:00

    What did catch attention was a seemingly off-the-cuff comment from Trump, made while sitting alongside Erdogan in the Oval Office. In remarks about the situation in northern Syria, Trump reiterated his view that American troops should not be patrolling borders thousands of miles away. “We want to worry about our things,” Trump said, returning to his familiar talking point about …

  • Venezuelan Oil Output Sees Modest Rise in October: OPEC Link
    EIN Oil & Gas News Fri 15 Nov 2019 06:00

    Caracas, November 14, 2019 (venezuelanalysis.com) - Venezuela’s crude production rose moderately in October after months of steady decline. According to OPEC secondary sources, output increased from 644,000 in September to 687,000 barrels per day (bpd) in October. Direct reporting by Venezuelan state oil company PDVSA placed October production at 761,000 bpd, up from 749,000 bpd in …

  • Oil rises on hopes for OPEC supply curbs, new optimism on US-China trade deal Link
    EIN Oil & Gas News Fri 15 Nov 2019 04:00

    Business Oil prices posted early gains as OPEC's outlook for oil demand next year fueled hopes that the producer group and its associates will keep a lid on supply when they meet to discuss policy on output next month. 15 Nov 2019 10:10AM Bookmark TOKYO: Oil prices posted early gains as OPEC's outlook for oil demand next year fueled hopes that the producer group and its …

  • Texas more than twice as attractive for oil, gas investment than Alberta Link
    EIN Oil & Gas News Fri 15 Nov 2019 02:00

    Texas is more than two times as attractive than Alberta for oil and gas investment, according to a new survey of petroleum-sector executives released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank. “Canada’s onerous and uncertain regulations, along with our dearth of pipeline capacity has created a competitiveness chasm between Canada …

  • Oil Prices Stay Range-Bound and Boring Link
    EIN Oil & Gas News Fri 15 Nov 2019 00:00

    by  Matthew V. Veazey |Rigzone Staff |Thursday, November 14, 2019 WTI and Brent crude oil prices showed some positive momentum early Thursday but ultimately posted day-on-day-losses. West Texas Intermediate (WTI) and Brent crude oil prices showed some positive momentum early Thursday but ultimately posted day-on-day losses. The December WTI contract price lost 35 cents Thursday to …

  • Oil Edges Lower after Crude Stockpile Build Link
    EIN Oil & Gas News Thu 14 Nov 2019 22:30

    Investing.com - Oil prices settled slightly lower Thursday after U.S. oil inventories rose more than expected. That was coupled with a decline in equities, which hurt bullishness. WTI futures slipped 0.6% to end down 35 cents at $56.77 per barrel. Brent oil futures, the global benchmark, lost 0.1%, settling down 9 cents at $62.28. The Energy Information Administration said U.S. …

  • Oil rises as data shows surprise drop in U?S? crude inventories Link
    EIN Oil & Gas News Thu 14 Nov 2019 20:05

    Home | News | General | Oil rises as data shows surprise drop in U.S. crude inventories Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support. Prices, however, were capped by mixed signs for oil demand in China, the …

  • Oil Prices Reverse Into the Red Following Crude Stockpile Build Link
    EIN Oil & Gas News Thu 14 Nov 2019 18:05

    Investing.com - Oil prices were slightly lower Thursday after U.S. oil inventories rose more than expected. That was coupled with a decline in equities, which hurt bullishness. WTI futures slipped 0.2% to $57, at 12:42 PM ET (17:42 GMT). Brent oil futures, the global benchmark, edged up 0.1% to $62.45. The Energy Information Administration said oil inventories dropped by 2.2 …

  • Oil prices pare gains as U?S? crude and gasoline supplies post weekly rise Link
    EIN Oil & Gas News Thu 14 Nov 2019 16:45

    Oil futures gained ground Thursday as investors awaited a government tally of U.S. crude inventories following industry figures that showed an unexpected decline in stocks. West Texas Intermediate crude futures for December delivery CLZ19, +0.56%  rose 52 cents, or 0.9%, to $57.64 a barrel, while January Brent crude BRNF20, +0.80%, the global benchmark, was up 59 cents, or 0.9%, at …

  • Oil rises on signs of U?S? supply drop, OPEC’s shale outlook Link
    EIN Oil & Gas News Thu 14 Nov 2019 14:44

    The sun sets over crude oil storage tanks at the Juaymah tank farm, operated by Saudi Aramco, in Ras Tanura, Saudi Arabia, on Oct. 1, 2018. The sun sets over crude oil storage tanks at the Juaymah tank farm, operated by Saudi Aramco, in Ras Tanura, Saudi Arabia, on Oct. 1, 2018. Photo: Bloomberg Photo By Simon Dawson. Photo: Bloomberg Photo By Simon Dawson. The sun sets over crude …

  • Oil & gas to meet global energy demand in 2040: Opec Link
    EIN Oil & Gas News Thu 14 Nov 2019 12:04

    There will be a 25 per cent increase in total primary energy demand worldwide between 2018 and 2040, with oil and gas expected to meet most of this demand, Opec secretary general Mohammad Sanusi Barkindo told industry leaders at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec). Oil and gas will continue to play a central role in achieving sustainable …

  • Drilling Down Oil And Gas In West Africa: Building Capacities Of Journalists Link
    EIN Oil & Gas News Thu 14 Nov 2019 10:04

    Penplusbytes a leader in enhancing the capacity of journalists in various thematic areas is pleased to announce its new cross-country training project - “Drilling Down Oil and Gas in West Africa! This new 2-year project with support from the Open Society Initiative for West Africa (OSIWA) is aimed at building the capacity of journalists in the West African sub-region to effectively …

  • Oil gains on U?S? crude stocks fall, OPEC comments on slower U?S? shale growth Link
    EIN Oil & Gas News Thu 14 Nov 2019 08:04

    By Florence Tan SINGAPORE (Reuters) - Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support. Prices, however, were capped by mixed signs for oil demand in China, the world's biggest crude importer, as industrial …

  • Oil and Gas Waste Heat Recovery Market Comprehensive Insights 2019 to 2025: ABB, Ormat Technologies, General Electric Company Link
    EIN Oil & Gas News Thu 14 Nov 2019 06:04

    Nov 14, 2019 (Market Insight Reports via COMTEX) -- The research study presented in this report offers complete and intelligent analysis of the competition, segmentation, dynamics, and geographical advancement of the Global Oil and Gas Waste Heat Recovery Market. It takes into account the CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, prices, and …

  • Preston High School seniors take part in free oil and natural gas course Link
    EIN Oil & Gas News Thu 14 Nov 2019 04:04

    KINGWOOD, W.Va – Seniors at Preston High School participated in a free oil and natural gas training class Wednesday, right in their school. It’s part of the West Virginia University Extension Service’s IADC Rig Pass SafeLandUSA course, which certifies participants with safety and health hazard training program before they even hit the workforce. In addition, students will receive …

  • Oil rises on decline in U?S? crude stocks, Fed comments on economy Link
    EIN Oil & Gas News Thu 14 Nov 2019 02:04

    TOKYO — Oil prices rose on Thursday, extending gains from the previous session, as an industry report showing a fall in U.S. crude stockpiles last week added to positive comments by the U.S. Federal Reserve head on the U.S. economy. U.S. West Texas Intermediate crude was up 20 cents, or 0.4%, at $57.32 a barrel by 0111 GMT, after rising 0.6% on Wednesday. Brent futures were up 17 …

  • Oil edges up ahead of US storage data as OPEC, Fed see robust economy Link
    EIN Oil & Gas News Thu 14 Nov 2019 00:24

    Cowboy farmer and oil pumpjack Getty Images Oil prices edged up on Wednesday after the Organization of the Petroleum Exporting Countries said it saw no signs of global recession and rival U.S. shale oil production could grow by much less than expected in 2020. Also supporting prices were comments by Federal Reserve Chair Jerome Powell, who said the U.S. economy would see a " …

  • Murphy Oil Corporation Announces Pricing of $550 Million of 5?875% Senior Notes Due 2027 Link
    EIN Oil & Gas News Wed 13 Nov 2019 22:34

    Murphy Oil Corporation (the "Company") (NYSE:MUR) announced today that it has priced an offering of $550 million of 5.875% Senior Notes due 2027 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission ("SEC"). The Company expects to close the offering on November 27, 2019, subject to customary closing …

  • Oil Rises Defying Record U?S? Crude Production  Link
    EIN Oil & Gas News Wed 13 Nov 2019 20:04

    Investing.com – Clinging to the rosy economic thesis of the Fed and OPEC’s about-turn that it suddenly saw no recession ahead, oil bulls pushed crude prices higher on Wednesday even as U.S. production is expected to hit a new record this month. Prices of West Texas Intermediate and London’s Brent rose by about 1% each as traders awaited industry data later in the day likely to show …

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