Latest News for: Crude oil production

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Pandemic drives down petroleum revenues by 31%

B & FT Online 22 Apr 2021
In terms of revenue collection and management, the year recorded a general decline in revenue – attributed to lower production volumes and unfavourable international crude oil prices, exacerbated by the COVID-19 pandemic.
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Gunmen Abduct Oil Workers In Northeast India

Oil Price 22 Apr 2021
... firm said in what could be a setback for the Indian efforts to reduce its reliance on crude oil imports.
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The truth about the Keystone Pipeline

The Sun Chronicle 22 Apr 2021
Second, the oil it is transporting is not intended for refining for use in the United States in any large amount, most would be exported. The product being transported is tar sand oil, which is heavier, dirtier, and more corrosive than light crude oil.
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Don’t use ABFA to fill expenditure gaps – PIAC to government

Joy Online 22 Apr 2021
Also, contrary to the PRMA, an unutilised amount of GH¢827.60 million from 2017 – 2019 was spent to partially meet the shortfall in ABFA receipts caused by the impact of the COVID-19 pandemic and its associated effects on crude oil prices globally ... The report is the 10th since oil production began in 2020.
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Kinder Morgan Increases Dividend 3 Percent and Raises 2021 Guidance

Finger Lakes Times 22 Apr 2021
... and lower realized crude prices ... Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO 2 and other products, and our terminals store and handle various commodities including gasoline, diesel fuel, chemicals, ethanol, metals and petroleum coke.
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Whiting Petroleum Makes Application to Cease to be a Reporting Issuer in Canada

Montrose Press 22 Apr 2021
DENVER, April 21, 2021 /CNW Telbec/ - Whiting Petroleum Corporation (NYSE ... About Whiting Petroleum Corporation. Whiting, a Delaware corporation, is an independent oil and gas company engaged in the development, production and acquisition of crude oil, NGLs and natural gas properties primarily in the Rocky Mountains region of the United States ... .
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French companies see opportunities in Nigeria, but security, taxation are hitches – France’s Trade Minister

Business Day Online 22 Apr 2021
The decline in Nigerian exports to France in 2020 is mostly due to the brutal drop both in oil prices and in demand for oil products ... What new directions should trade between the two countries be exploring, outside what has been dominated by hydrocarbon (crude oil) at least in terms of exports from Nigeria?.
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GPA Midstream Announces 2020 Safety Award Recipients

The Purcell Register 22 Apr 2021
GPA Midstream 2020 Safety Awards ... United States ... Mustang Gas Products (Oklahoma City) ... energy industry since 1921 and represents corporate members engaged in a wide variety of services that move vital energy products such as natural gas, natural gas liquids, refined products, and crude oil from production areas to markets across the United States ... .
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Southwest Reports First Quarter 2021 Results

Henderson News 22 Apr 2021
(e) The Company's current fuel derivative contracts contain a combination of instruments based in West Texas Intermediate ("WTI") and Brent crude oil; however, the economic fuel price per gallon sensitivities provided assume the relationship between Brent crude oil and refined products based on market prices as of April 15, 2021.
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U.S. crude oil production unchanged last week: EIA

China.dot.org 21 Apr 2021
crude oil production was unchanged during the week ending April 16, U.S ... crude oil production averaged 11.0 million barrels per day (b/d) last ...
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Fresh ideas needed to fix Nigeria’s broken oil sector

Business Day Online 21 Apr 2021
This paper’s analysis indicating that due to above-the-ground challenges, oil companies in Nigeria deferred the production of over $1.6bn worth of crude oil between January 2020 and January 2021, should be worrying in an economy struggling to keep the lights on, pay teachers and build hospitals.
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Fresh ideas are needed to fix the broken oil sector

Business Day Online 21 Apr 2021
This paper’s analysis indicating that due to above-the-ground challenges, oil companies in Nigeria deferred the production of over $1.6bn worth of crude oil between January 2020 and January 2021, should be worrying in an economy struggling to keep the lights on, pay teachers and build hospitals.
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Roadmap to Uganda's First Oil

All Africa 21 Apr 2021
... Final Investment Decision (FID) to develop the necessary infrastructure for crude oil production.
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Oil falls for amid worry about India’s Covid numbers

Business Day 21 Apr 2021
India is a major crude oil consumer ...Global crude markets remains well supplied with [oil cartel] Opec and its allies scheduled to hike production in coming months ... Further battering the market, data from the American Petroleum Institute (API) industry group showed US crude oil ...
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S.Korea's producer price keeps rising for 5 months in March

China.dot.org 21 Apr 2021
SEOUL, April 21 (Xinhua) -- Price for goods and services among South Korean suppliers kept rising for five straight months in March due to higher global price for crude oil, central bank data showed Wednesday.

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