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South Africa has officially launched the South African National Petroleum Company (SANPC), a new state-owned oil enterprise designed to consolidate and energize the countrys long-stalled hydrocarbons sector. Reducing oil imports, bolstering energy security, and tapping into over R95 billion in potential investment.
NGO Energy Vision’s The Refuse Revolution report on alternative fuels and new vehicle technologies for waste and recycling collection truck fleets assesses biodiesel and renewable diesel, fossil and renewable natural gas, hybrid technologies, battery electric vehicles (BEVs), DME, and hydrogen for cost, performance, and climate and health impacts.
In a world where geopolitics and energy security are increasingly intertwined, China's national oil companies have emerged as pivotal actors in securing the nations energy future while shaping global energy dynamics.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose again, this time by 2.499 million barrels in the week ending May 16 after analysts had estimated a 1.85-million-barrel Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve
The Department of Energy has awarded a new $1.4 billion contract to Strategic Storage Partners, LLChardly a household nameto manage the Strategic Petroleum Reserve (SPR)Americas emergency stash of crude oil. The new contract covers a five-year term with the option to extend for another five.
(World Oil) – South Africa has officially established its new state-owned oil corporationSouth African National Petroleum Company (SANPC). The establishment of the SANPC aligns with broader goals by the South African government to create a more competitive and investment-friendly petroleum sector.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4, after a 6.037 million barrel spike in the prior week. So far this year, crude oil inventories have climbed nearly 22 million barrels, according to Oilprice calculations of API data.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.6 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.2 million barrels for the week ending March 21. Analysts had expected a dip of 2.5
Namibia expects Frances TotalEnergies and Norways BW Energy to take final investment decisions on oil projects offshore the African country in late 2026, a senior Namibian official says. Both TotalEnergies and BW Energy are set to make
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million barrels for the week ending March 28, after a 4.6 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3
Energy Information Administration released on Wednesday. Energy Information Administration. On Tuesday, the American Petroleum Institute (API) reported a drop of 3.3 Crude oil inventories in the United States fell by 4.3 million barrels during the week ending May 30, according to new data from the U.S. million barrels in U.S.
Marathon Petroleum) bought out and merged in the Utica Shales premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). In late 2015, MPLX (i.e.,
Energy Information Administration released on Wednesday. Energy Information Administration. On Tuesday, the American Petroleum Institute (API) reported a surprise build in US crude oil inventories of 4.287 million barrels in U.S. Crude oil prices were trading down prior to the crude data release by the U.S.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.593 million barrels for the week ending March 14. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3 Analysts had expected a smaller 1.7
Energy Information Administration released on Wednesday. Energy Information Administration, rebounding from a slide earlier in the week, even after the American Petroleum Institute (API) reported on Tuesday a build of 4.247 million barrels in U.S. Crude oil inventories in the United States saw an increase of 1.4
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.565 million barrels in the week ending April 18. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 500,000 barrels to 397.5
Energy Information Administration released on Wednesday. Energy Information Administration after a sharp dip over the last couple of weeks in the wake of the tariff war between the United States and China. On Tuesday, the American Petroleum Institute (API) reported a build of 2.4 million barrels in
Energy Information Administration released on Wednesday. Energy Information Administration, continuing their slide after another volley in the tariff war between the United States and China was manifest in an announcement of 84% tariffs levied on the US beginning April 10. On Tuesday, the American Petroleum Institute
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.49 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 600,000 barrels million-barrel draw. The API reported a 3.76
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.247 million barrels for the week ending March 7. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3 Analysts had expected a 2.1
Energy Information Administration released on Wednesday. Energy Information Administration. On Tuesday, the American Petroleum Institute (API) reported a sizeable build in US crude oil inventories of 3.76 Crude oil inventories in the United States saw a decrease of 2.7 million barrels in U.S.
Energy Information Administration released on Wednesday. Energy Information Administration, continuing the price slide that began when the Liberation Day tariffs were announced. On Tuesday, the American Petroleum Institute (API) reported a different story: one that showed a large draw of 4.565 million barrels in U.S.
Energy Information Administration released on Wednesday. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a draw of 4.6 Crude oil inventories in the United States saw a decrease of 3.3 million barrels during the week ending March 21, according to new data from the U.S.
The worlds largest crude oil exporter, Saudi Arabia, and the third biggest importer, India, agreed on Wednesday to enhance cooperation in the energy sector, including in crude oil and petroleum products supply and the construction of two refineries. In energy, India agreed to
billion in deepwater oil and gas exploration and development offshore Nigeria, the local regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has said. Exxon sold last year its onshore assets to local firm Seplat Energy, but is committed to offshore exploration and development in the country.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, by 4.236 million barrels in the week ending May 23 after analysts had estimated a 1-million-barrel build. The API reported a 2.499 million barrel inventory increase in the prior week.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 3.76 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 1 million The API reported a 4.565 million barrel dip in the prior week.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.287 million barrels in the week ending May 9a shock after analysts had estimated a 2.4-million-barrel Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR)
Energy Information Administration released on Wednesday. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a build of 4.593 million barrels in U.S. Crude oil inventories in the United States saw an increase of 1.7 crude oil inventories amid a strong gasoline draw.
The US and Canada have worked together to develop valuable north-south integration of energy infrastructure that benefits both nations and have partnered to develop common specifications and standards for many products, including petroleum fuels and passenger vehicles.
Energy Information Administration released on Wednesday. Energy Information Administration after the American Petroleum Institute (API) reported on Tuesday a build of 6.037 million barrels in U.S. Crude oil inventories in the United States saw a large increase of 6.2 crude oil inventories amid a small gasoline draw.
Energy Information Administration released on Wednesday. Energy Information Administration. On Tuesday, the American Petroleum Institute (API) reported a sizeable build in US crude oil inventories of 4.49 Crude oil prices were trading down prior to the crude data release by the U.S. million barrels in U.S.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.4 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3 million barrels for the week ending April 11.
million bpd from the initial two million barrels given to them by the President, Nigerias petroleum resources minister, Heineken Lokpobiri told the Sun on the sidelines of the Oil Technology Conference Africa Energy Forum. When the new NNPC management visited me, I increased their oil production target to 2.5
Woodside Energy is in talks with an overseas unit of Kuwait Petroleum to sell a stake in its Louisiana liquefied natural gas plant in the U.S., The overseas unit, Kuwait Foreign Petroleum Exploration, is also considering securing LNG supply from the project, the [Read more]
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again this week, this time by 3.3 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve
Energy Information Administration released on Wednesday. Energy Information Administration. On Tuesday, the American Petroleum Institute (API) reported a build in US crude oil inventories of 2.499 million barrels in U.S. Crude oil inventories in the United States saw an increase of 1.3
Energy Information Administration released on Wednesday. Energy Information Administration. On Tuesday, the American Petroleum Institute (API) reported a drop in US crude oil inventories of 4.236 million barrels in U.S. Crude oil inventories in the United States dipped by 2.8
CALGARY – More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada’s oilpatch next week for the Global Energy Show, which is to kick off with a keynote address from the head of the Organization of the Petroleum Exporting Countries.
Minister of Petroleum and Mineral Resources, Karim Badawi, visited the infrastructure for receiving, and storing petroleum products and LNG at Sokhna Port, operated by Sumed and Sonker companies. The post Egypt Petroleum Minister Tours Key Sokhna Port Energy Infrastructure first appeared on Egypt Oil & Gas.
The main headline from Wednesday mornings release of the Department of Energys (DOEs) Weekly Petroleum Status Report was that U.S. Crude oil inventory at Cushing Oklahoma down at a multi-year low is joined by inventory of the major petroleum products down at a multi-year low. Contact Energy Directions for the full report.
Rebalancing IOCs Positioning in the Upstream Petroleum Sector in Iraq The Ministry of Oil (MoO) recently concluded an agreement with BP covering four main oilfields in Kirkuk , following an earlier contract with an unidentified Ukrainian company to resume development of the Akkas gas field. By Ahmed Mousa Jiyad.
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. In addition, the conference live webcast reaches a global audience of virtual attendees.
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