Remove 2015 Remove Crude Oil Remove Petroleum
article thumbnail

GKP outlines Payments to Govts for 2024

Iraq Business News: Oil & Gas

Gulf Keystone Petroleum (GKP) has published details of its payments to governments for the year 2024: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ('Gulf Keystone') for the year ended 31 December 2024 as required under Disclosure and Transparency Rule 4.3A

Royalty 45
article thumbnail

What It’s Like To Work On An Offshore Oil Rig

Drillers

Living on an offshore oil rig or a platform, or in living quarters on a vessel attached to a rig, all have similar challenges. Offshore oil fields represent a substantial portion of the worlds total crude oil output. In 2015, this portion was 30%. Essentially, the system on an offshore oil rig is a meritocracy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Does the Market Need OPEC/OPEC+?

Energy Outlook Advisors

The Objective of Market Management: Historical Evidence It was the discovery of a process to extract Kerosene from crude oil that made oil commercially valuable in 1859. It replaced whale oil that was widely used for illumination; an action that almost led to whale extinction.

article thumbnail

US energy secretary says we can stop Iran’s oil exports

Oil & Gas 360º

Energy Secretary Chris Wright said on Friday that the United States could stop Irans oil exports as part of President Donald Trumps plan to pressure Tehran over its nuclear programme. Its supply boost deepened an oil price plunge triggered by Trumps sweeping tariffs announcement last week.

Oil 130
article thumbnail

President Biden Faces Constitutional Challenges to Revocation of Keystone XL Permit

The Energy Law

Background The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S 2015 aerial photograph. energy security, and oil prices. [7] Constitution. Gulf Coast. and Canada near Morgan, Montana.

article thumbnail

President Biden Faces Constitutional Challenges to Revocation of Keystone XL Permit

The Energy Law

The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S 2015 aerial photograph. energy security, and oil prices. [7]. Constitution. Background. Gulf Coast. and Canada near Morgan, Montana.