This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
There are no comparative figures from previous years because PDVSA has not published its results since 2016, and it did not immediately respond to a request for comment. and European refineries. (Investing) – Venezuelan state-run PDVSA’s oil sales abroad in 2024 stood at $17.52 sanctions on Venezuela’s energy industry since 2019.
Global refinery investment in 2025 is set to fall to its lowest level in the past 10 years. Upstream natural gas spending is set to maintain the levels seen in 2024. Together, upstream oil and gas investment for 2025 is forecast at less than US$570bn, a decline of around 4%.
The EU Emissions Trading System regulatory framework The EU Emissions Trading System (EU ETS) regulatory framework initiated its trial phase in 2005, initially focusing on the power and heat, refinery, cement, iron, steel, glass, and pulp and paper industries. billion carbon credits issued since 2016. Mtpa, COD 2022).
Transforming Occidental in a Time of Change Since taking the reins in 2016, Hollub has led Occidental through one of its most pivotal transitions. to 3 million barrels of heavy crude per day , due to legacy refinery configurations built before the shale boom. still imports 2.5 While the U.S.
The latter and the 615,000 b/d Al Zour refinery are operated by Kipic, which was hived off from KNPC in 2016. The move will see KPCs Kipic and KNPC subsidiaries form a single entity which will operate the emirates 1.42mn b/d refining capacity as well as 3.12mn b/d gas processing capacity and the 22mn t/y Al Zour LNG import terminal.
Charles refinery. In January 2016, Judge Haik retired from the bench and the case was transferred to Judge Drell. 2:08CV00893, 2016 WL 1158075, at *4 (W.D. CITGO filed an appeal of the ruling with the Fifth Circuit on May 4, 2016. .– allowing an $81 million judgment against the oil company to stand. Adm’r of E.P.A.
For many, stealing crude oil from the pipelines and processing it at one of the many illegal refineries in the region is a means of earning a living. The government has been fighting the illicit refineries for years. Vandalism is a fact in the Niger Delta, like poverty and lack of prospects for the locals.
While the price-per-barrel of oil has recovered since the staggering lows of 2016, its down again from earlier 2019 highs, and may not reach $100/barrel any time soon. Producers, wellhead service companies, refineries, shipping companies, and many other players are all part of the overall industry.
2 Harvard University Press Blog, âGlobalizationâs three unbundlings,â blog entry by Richard Baldwin, November 29, 2016. While goods and intangibles flows are often interconnected, they can move in different directions and at different paces. 11 âAnnual petroleum and other liquids production,â US Energy Information Administration.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content