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Tag Archives: Oil

Iraqi Kurdistan has shipped 8 million oil barrels

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Shane Thielges | Shale Plays Media Iraqi Kurdistan announced today that it has shipped 8 million barrels of oil overseas since May despite Baghdad’s attempts to halt the sales. Today’s shipment of 250,000 barrels, the eleventh from the nearby Ceyhan port in Turkey, cemented the milestone, Reuters reports. The Kurdistan Regional Government says it is now employing a number of ...

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Global crude shortages now outweighed by US production

Shane Thielges | Shale Plays Media Record-setting production levels of liquid fuel in the U.S. are high enough to offset global oil price spikes caused by unplanned production disruptions, reports the Energy Information Administration. The results of a multi-year EIA study of America’s effect on the global energy market were released yesterday. The organization concluded that the country’s growing liquid ...

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Black gold buccaneers: Oil piracy in the Gulf of Guinea

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The frequency of piracy attacks in the Gulf of Guinea has increased at an alarming rate in recent years. According the United Nations’ 2013 Transnational Organized Crime threat assessment for West Africa, piracy in the Gulf “is a product of the disorder that surrounds the regional oil industry.” Nigeria, which produces well over 2 million barrels of oil per day, ...

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Stricter Ozone Rule = Nonattainment for Louisiana

Conor O’Sullivan | Breaking Energy Louisiana is an important energy-producing state – the country’s No. 2 crude oil producer at nearly 1.45 million barrels per day when federal offshore output is included. The state also is No. 2 in petroleum refining capacity. Energy development is boosting Louisiana’s economy. Oil and natural gas extraction, refining and the pipeline industries support 287,000 state ...

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Test your energy knowledge with ExxonMobil’s new interactive quizzes

Marissa Hall | Shale Plays Media ExxonMobil has launched a quiz campaign to share information about energy creation and usage around the world. The company’s website now sports a page called “The Energy Quiz,” featuring four brief questionnaires on energy: People & Energy, Energy Sources, Using Energy, and Saving Energy. Each category has five questions with interactive images and full ...

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Potential oil window is last gasp for Utica Shale

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Burton Speakman | Youngstown Vindicator YOUNGSTOWN Jim McKinney, senior vice president and general manager from EnerVest, a Houston-based company, said his company believes that with changes in drilling techniques, activity will increase in the oil-rich northern part of the Utica Shale, which includes Trumbull County. “When companies first drilled, they were using the same techniques they were using in the ...

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A Quiet Confession: China cuts 2020 shale gas goals in half

Jared Anderson | Breaking Energy China quietly cut its 2020 goals for shale gas, a goal that was so ambitious that few took the number seriously. The goal – to ramp up from zero commercial production of shale gas to 60-80 billion cubic meters by 2020 – was met with skepticism both inside and outside China when first announced. Now, ...

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Alaska oil production to continue decline, company officials testify

FAIRBANKS — While the long-running debate in Alaska over oil taxes enters a new stage Tuesday with the first statewide vote to repeal or endorse a tax system enacted by the Alaska Legislature, the election results will hardly be the final word. The oil production decline, which began a quarter-century ago, will remain a key focus, just as it had ...

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BHP applies to export Eagle Ford condensate

Jennifer Hiller | San Antonio Express-News San Antonio — Houston-based BHP Billiton Petroleum hopes to export the light oil known as condensate from the Eagle Ford Shale. President Rod Skaufel said this week in San Antonio that the company is among those applying for an export permit with the U.S. Commerce Department. Eagle Ford operator Pioneer Natural Resources Co. and ...

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