Venezuela’s Crisis Deepens As Hurricane Approaches

Oil traders have started to divert fuel shipments from their original destination in Venezuela as Hurricane Maria approaches the Caribbean, Reuters vessel tracking data has shown. Yet the hurricane, which moves at speeds of up to 125 mph, is not the only reason Venezuela’s waters are quickly emptying of tankers. The state oil firm, PDVSA, cannot pay for the cargoes ...

Source: Oilprice.com

The Precious Metal Heading For A Supply Squeeze

The South African mining industry got more bad news this week, with sources saying major platinum producer Lonmin has been threatened with a possible shutdown of its mines, after being cited by regulators for non-compliance in its local social programs. But elsewhere, the news for platinum producers was even worse. With one of the world’s largest miners saying it may ...

Source: Oilprice.com

Gazprom’s Spartakiada Games 2017 concluded in Sochi. The team of Gazprom Transgaz Yugorsk took top honors in the adult competition. Gazprom Transgaz Moscow and Gazprom Transgaz Yekaterinburg took the second and third place, respectively.<br>Gazprom Transgaz Tomsk was declared the winner in the children’s competition, followed by Gazprom Transgaz Moscow and Gazprom Transgaz Ukhta.<br>In 2017, the contest involved some 3,000 athletes from 29 subsidiaries of Gazprom based in Russia and Belarus. Adults competed in six categories – volleyball, kettlebell lifting, track-and-field athletics, swimming, chess, and football – while children’s teams vied for prizes in the last four. A total of 180 medals was handed out, with 23 prizes in team sports and 157 in individual sports.

Gazprom’s Spartakiada Games 2017 concluded in Sochi. The team of Gazprom Transgaz Yugorsk took top honors in the adult competition. Gazprom Transgaz Moscow and Gazprom Transgaz Yekaterinburg took the second and third place, respectively.
Gazprom Transgaz Tomsk was declared the winner in the children’s competition, followed by Gazprom Transgaz Moscow and Gazprom Transgaz Ukhta.
In 2017, the contest involved some ...

Source: FB-RSS feed for Gazprom

Iran Looks To Ramp Up Production

Iran’s crude oil production is expected to grow to 4 million bpd by the end of the current Iranian year, March 20, 2018, the chief executive of the National Iranian Oil Company (NIOC), Ali Kardor, told Iran’s news agency Tasnim on Tuesday. Iran is currently pumping over 3.8 million bpd of oil, the manager added. Exports of crude oil ...

Source: Oilprice.com

Tension Rises In Oil-Rich Kurdistan

Ethnic tensions are heating up in Kirkuk, the center of northern Iraq’s oil industry, ahead of an independence referendum that the Kurdistan Regional Government has slated for September 25. Kirkuk, a multi-ethnic city, is the key to the control of the region’s oil riches— and Baghdad has indicated more than once that it has no intention of letting its control ...

Source: Oilprice.com

US Haynesville gas production hits 4-year high

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Natural gas producers in the US Southeast are beginning to yield dividends from a bid to reverse declining production in one of the region’s seemingly forgotten shale plays. Recent data from the Haynesville of Arkansas, Louisiana and Texas show production there at its highest since mid-2013. As output continues to rebound from a record low in August 2016, production from ...

Source: Roseland Oil & Gas

Local First Responders Say Oil & Gas Companies Keeping Them ‘Well-Informed’

For years, Energy In Depth has reported on how Ohio anti-fracking activists have tried to slow down first responders with added bureaucracy and misinformation campaigns based on dubious assumptions regarding regulatory exemptions. Meanwhile, Ohio oil and gas operators continue to lead in terms of streamlining information access for first responders with aggressive training and communication strategies. Those efforts are paying ...

Source: Energy In Depth

Energy Transfer Receives FERC Approval to Resume Horizontal Directional Drilling Operations on the Rover Pipeline Project

The Full Phase 1 of the Project is Estimated to be in Service by the End of the Year DALLAS–(BUSINESS WIRE)–Energy Transfer Partners (NYSE:ETP) is pleased to announce that the Federal Energy Regulatory Commission (FERC) has approved the company’s request to resume Horizontal Directional Drilling (HDD) operations along the Rover Pipeline Project. Drilling operations on [Read More…]

Source: Headlines – BOE Report

Tall Oak Midstream III, LLC Will Construct Natural Gas Gathering System in Oklahoma’s East STACK Play

OKLAHOMA CITY–(BUSINESS WIRE)–#midstream—Tall Oak Midstream III, LLC announced today that the company will construct a natural gas gathering system in southeast Oklahoma’s East STACK play. Producers working in the East STACK are developing multiple stacked pay zones, including the Woodford, Caney and Mayes formations. The system will span Hughes County and portions of Seminole, Pontotoc, [Read More…]

Source: Headlines – BOE Report

Gulfport Energy Corporation Provides SCOOP Well Result

OKLAHOMA CITY, Sept. 19, 2017 (GLOBE NEWSWIRE) — Gulfport Energy Corporation (NASDAQ:GPOR) (“Gulfport” or the “Company”) today provided an update on recent SCOOP well results. Key highlights include: EJ Craddock 8-28X21H produced at a 24-hour initial peak production rate of 19.7 MMcfe per day, comprised of approximately 55% natural gas, 26% oil, and 19% natural [Read More…]

Source: Headlines – BOE Report

CustomWeather Announces Partnership with GeoView Data Services

SAN FRANCISCO–(BUSINESS WIRE)–#customweather—CustomWeather, Inc., a premier, specialized provider of high-resolution weather data and alert services, announced that it has been selected by Malaysia-based GeoView Data Services, Inc. to provide real-time marine weather, including wind speed and direction, wave height and direction, humidity and temperature. The weather data is utilized within GeoView’s custom software to empower [Read More…]

Source: BOE Report

Sprague Resources LP Announces Acquisition of Coen Energy

PORTSMOUTH, N.H., Sept. 19, 2017 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE:SRLP) announced today that its operating subsidiary, Sprague Operating Resources LLC, has signed a definitive agreement to purchase the membership interests of Coen Energy, LLC and Coen Transport, LLC  as well as assets consisting of four bulk plants and underlying real estate (collectively, [Read More…]

Source: BOE Report