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A service for global professionals · Friday, August 17, 2018 · 458,951,229 Articles · 3+ Million Readers
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United Kingdom OPEC News Monitoring Service

  • Published on 04:58 GMT

    BP And PetroChina Set To Rake In Billions Developing Iraq's Super-Massive Rumaila Oil Field

    Located in 1953 by BP plc (NYSE:BP), back when BP was British Petroleum, the Rumaila oil field in Iraq is truly massive. It is expected to house 17.7 billion barrels of recoverable oil. As of 2016, the field had pumped out its 3 billionth barrel of crude …

    Source: Seeking Alpha
  • Published on Aug 14, 2018

    Oil bounce fizzles as dollar regains footing

    Oil futures gave up small gains to end slightly lower Tuesday, feeling renewed pressure as the dollar found its footing and investors prepared for data on U.S. crude inventories. The U.S. benchmark West Texas Intermediate crude for September delivery CLU8 …

    Source: MarketWatch
  • Published on Aug 14, 2018

    Oil rises on concern over Saudi and Iranian supply

    By Reuters Published: 01:24 EDT, 14 August 2018 | Updated: 08:19 EDT, 14 August 2018 By Christopher Johnson LONDON, Aug 14 (Reuters) - Oil prices jumped on Tuesday after Saudi Arabia said it cut production, adding to concerns over global supply as U.S. …

    Source: Charleston Daily Mail
  • Published on Aug 14, 2018

    Oil near flat; strong dollar pressures, equities gains...

    By Reuters Published: 01:24 EDT, 14 August 2018 | Updated: 12:29 EDT, 14 August 2018 By Stephanie Kelly NEW YORK, Aug 14 (Reuters) - Oil prices were near flat on Tuesday, supported by gains in equity markets but pressured by a strengthening U.S. dollar as …

    Source: Charleston Daily Mail
  • Published on Aug 14, 2018

    Oil Prices Rise on Saudi Production Cut, U.S. Inventory Data on Tap

    Investing.com - Oil prices traded higher on Tuesday as Saudi Arabia cut production by more than originally thought and traders awaited weekly data on U.S. output. New York-traded West Texas Intermediate crude futures gained 36 cents, or 0.54% to $67.56 a …

    Source: Investing.com
  • Published on Aug 14, 2018

    Oil near flat; strong dollar pressures, equities gains support

    NEW YORK (Reuters) - Oil prices were near flat on Tuesday, supported by gains in equity markets but pressured by a strengthening U.S. dollar as investors remained concerned about the financial crisis in Turkey. FILE PHOTO: General view of Saudi Aramco…

    Source: Reuters.com
  • Published on Aug 14, 2018

    Oil rises with equities and concerns about crude supply

    By Reuters Published: 01:24 EDT, 14 August 2018 | Updated: 11:29 EDT, 14 August 2018 By Stephanie Kelly NEW YORK, Aug 14 (Reuters) - Oil prices rose more than 1 percent on Tuesday, tracking the stock market higher after a rise in Turkey's lira quelled …

    Source: Charleston Daily Mail
  • Published on Aug 14, 2018

    Oil edges up on Saudi output cut and Iran sanctions

    By Reuters Published: 01:24 EDT, 14 August 2018 | Updated: 04:09 EDT, 14 August 2018 By Christopher Johnson LONDON, Aug 14 (Reuters) - Oil prices rose on Tuesday after Saudi Arabia said it had cut production in July, although concerns over a slowdown in …

    Source: Charleston Daily Mail
  • Published on Aug 14, 2018

    Hardcore hedge fund bulls say Iran sanctions may see oil at $150

    * Westbeck, Andurand see oil reaching $150 a barrel * Iran sanctions, Venezuela crisis seen hitting supply * OPEC’s spare capacity at its lowest level ever - Andurand By Amanda Cooper and Maiya Keidan LONDON, Aug 14 (Reuters) - Clouds are gathering over …

    Source: Reuters
  • Published on Aug 14, 2018

    Oil ticks higher as Saudi Arabia clips production

    Oil futures moved higher Tuesday after Saudi Arabia said it had cut production in July, on top of market expectations for lighter Iranian output. Saudi Arabia told the Organization of the Petroleum Exporting Countries that it had reduced crude output by …

    Source: MarketWatch
  • Published on Aug 13, 2018

    Opec lowers 2019 demand for oil

    August 13, 2018 | 4:28 PM by Reuters In a monthly report, the Organization of the Petroleum Exporting Countries said the world will need 32.05 million barrels per day (bpd) of crude from its 15 members in 2019, down 130,000 bpd from last month's …

    Source: Times of Oman
  • Published on Aug 13, 2018

    Oil ends lower—but off intraday nadir—amid supply worries

    Oil futures lost ground Monday, but ended off session lows after tumbling sharply on expectations for an increase in crude stocks at the delivery hub for U.S. futures and data showing a pickup in production by OPEC. The U.S. benchmark, West Texas …

    Source: MarketWatch
  • Published on Aug 13, 2018

    Oil falls sharply on supply worries, stronger dollar

    Oil futures were walloped Monday, extending early losses after data showed a pickup in production by OPEC and private report of inventories pointed to an increase in crude stocks at a key delivery hub for U.S. futures. The U.S. benchmark, West Texas …

    Source: MarketWatch
  • Published on Aug 13, 2018

    Saudi Arabia cuts output as Opec points to 2019 surplus

    Opec on Monday forecast lower demand for its crude next year as rivals pump more and said top oil exporter Saudi Arabia, eager to avoid a return of oversupply, had cut production. In a monthly report, the Organisation of the Petroleum Exporting Countries …

    Source: Khaleej Times
  • Published on Aug 13, 2018

    Oil falls more than 2 percent as Cushing build adds to demand fears

    NEW YORK (Reuters) - Oil prices moved sharply lower on Monday after data suggested inventories at the U.S. crude delivery hub rose in the latest week, compounding worries that troubled emerging markets and trade tensions will dent the outlook for fuel …

    Source: Reuters.com
  • Published on Aug 13, 2018

    Oil falls 2 percent as focus shifts to softer demand outlook

    NEW YORK (Reuters) - Oil prices moved sharply lower on Monday after data suggested inventories at the U.S. crude delivery hub rose in the latest week, compounding worries that troubled emerging markets and trade tensions will dent the outlook for fuel …

    Source: Reuters
  • Published on Aug 13, 2018

    Commodities - U.S. Crude Heads Lower as OPEC Forecasts Lower Global Demand

    Investing.com - Oil prices traded lower on Monday, with U.S. crude posting losses, as the Organization of Petroleum Exporting Countries (OPEC) forecast lower demand for next year. New York-traded West Texas Intermediate crude futures fell 32 cents, or 0. …

    Source: Investing.com
  • Published on Aug 13, 2018

    Turkey currency crisis pulls oil down, sparks sell-off in emerging markets

    Oil fell as Turkey’s economic strife sparked an emerging-market sell-off, fuelling fears of broader market turmoil. West Texas Intermediate futures dropped 0.4 per cent after adding 1.2 per cent Friday. The Turkish lira extended declines to a record low, …

    Source: Calgary Herald
  • Published on Aug 13, 2018

    OPEC trims 2019 demand for its oil, says Saudi cuts output

    By Reuters Published: 06:58 EDT, 13 August 2018 | Updated: 07:03 EDT, 13 August 2018 LONDON, Aug 13 (Reuters) - OPEC on Monday forecast lower demand for its crude next year as rivals pump more and said top oil exporter Saudi Arabia, eager to avoid a …

    Source: Charleston Daily Mail
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ECMOR XVI

Date: 03-Sep-18 to 06-Sep-18
Location: Barcelona / Spain
The ECMOR conferences started in Cambridge over 24 years ago and through a sequence of meetings in major European centres, continue a tradition of combining high-quality mathematical science with engineering applications. Researchers and engineers from industry, government and academia in an informal atmosphere to focus on key technical and mathematical challenges facing the oil industry. We invite all applied mathematicians and geoscientists to contribute to the technical programme, to share results, experiences and new ideas during the ECMOR conference. To complement the conference, an icebreaker reception will be organized as well as a conference dinner at a special location. All registered family members will also be invited to join the family member’s tour. Keep a close eye on ...

Mastering Renewable & Alternative Energies - Johannesburg

Date: 04-Sep-18 to 07-Sep-18
Mastering Renewable & Alternative Energies http://www.infocusinternational.com/renewable Dates & Locations: 4 – 7 September 2018, Johannesburg 6 – 9 November 2018, Singapore Overview The course is designed to provide clear, independent and business-focused guidance on market opportunity and risk to those deploying, investing in or regulating renewable power projects. It is presented in language suited to non-engineering commercial executives and investors, so no prior knowledge is assumed or required. Presented throughout in an interactive and market-focused way, the course connects the multiple market environment factors that need to align in order that renewable power can scale up and integrate: from the business, system and policy environment to the project ...

Argus Methanol Forum

Date: 11-Sep-18 to 13-Sep-18
Location: Houston / United States
The global methanol industry continues to be an ever changing market. Methanol producers in the US are aiming to expand capacity, but are facing challenges despite growing demand. Around the globe there is continued interest in new regulations, shifts in supply/demand balances, economic considerations, regional factors and more. Join us this September to network and gain perspectives on: • Micro and macro trends in the methanol industry and the potential impact from the crude and natural gas • Regional perspectives, including in depth reviews of the major China and the emerging Indian • An outlook for methanol derivatives, including biodiesel and • The usage of methanol in industrial boilers and cook stoves and the impact on the methanol market • Methanol as a ...

International Conference on Oil and Gas

Date: 12-Sep-18 to 13-Sep-18
Location: Singapore / Singapore
Oil Gas 2018 provides a great platform by gathering eminent professors, Researchers, Students and delegates to exchange new ideas. The conference will cover a wide range of topics and allow participants to discuss about the new technologies developed in Petroleum industries and Digitization in oil and gas field . Oil Gas 2018 conference consists of keynote and plenary lectures, special sessions (Workshop and Symposium), Young Researcher Forum and Poster presentations. Best poster presenters will be judged and awarded during the conference. To encourage broad participation from all over the world Pulsus group is offering reduced registration fee for students.

10th Argus Americas Crude Summit

Date: 13-Sep-18 to 15-Sep-18
Location: Houston / United States
The Argus Americas Crude Summit will bring you unmatched insight on the future of the global crude markets and networking with senior executives from across the entire crude supply chain including oil majors, refiners, midstream and infrastructure organizations, financial institutions and many others.

Nuclear Security Conference 2018

Date: 13-Sep-18 to 13-Sep-18
Location: United Kingdom
This conference, now in its third year running, will share the latest experiences on critical matters, drawing on a range of insights from across the Critical National Infrastructure. Meet with fellow professionals and explore current and future challenges. PROGRAMME: The programme will focus on two key themes “Innovation and Integration”. Engage in dialogue with regulators, duty holders, academia and the supply chain on topics including; Integrating Safety & Security by Advancements to protect the supply Purpose driven metrics to optimise Personal Security Implementing and guiding Security in a regulated environment Interconnecting cyber and physical Optimising security forces training and Academic initiatives that are ...

Power Purchase Agreement - Johannesburg

Date: 17-Sep-18 to 20-Sep-18
“Structuring successful Power Purchase Agreements (PPAs), managing competitive electricity markets & attracting merchant power investments” Power Purchase Agreement (PPA) http://www.infocusinternational.com/ppa Dates & Locations: 20 - 23 March 2018, Perth 23 - 26 April 2018, Dubai 17 - 20 September 2018, Johannesburg 19 - 22 November 2018, Singapore Overview There are many moving pieces affecting the future of electric power development in emerging market. Unlike the past Independent Power Project models, which featured standardised take-or-pay contracts – today’s market demands more innovative incentives to ensure better availability, better performance, as well as more attractive and sustainable mixtures of fuel sources. Economies throughout the region ...

Nuclear Decommissioning & Used Fuel Strategy Summit

Date: 01-Oct-18 to 02-Oct-18
Location: Charlotte / United States
The Nuclear Decommissioning and Used Fuel Strategy Summit (1-2 October, Charlotte, NC) is returning for its 5th year and it promises to be the biggest yet with 50+ speakers, 100+ utility delegates, an unrivalled exhibition floor with the latest innovative technologies and much more! Year-on-year, the 2018 summit is already 21% up on utility delegations. Here is just a sample of what 400+ decommissioning and used fuel experts will gain this October: • Leading Decision Maker Attendees: President & CNO, NextEra Energy Resources, Director of Decommissioning, Entergy, Site VP, Entergy, Director, Duke & more gather to discuss key lessons learned and upcoming • Global Utility Case Studies: VP Decommissioning and CNO, SCE, Snr Director FCS Decommissioning, OPPD, Director ...

SPE Workshop: How Stimulation Affects Today's Reservoir Management

Date: 03-Oct-18 to 04-Oct-18
This workshop will address the impact that stimulation of wells has in the overall management process of reservoirs. We will discuss reservoir characterisation, including geomechanics, the use of machine learning methodologies, state-of-the-art hydraulic fracturing methods, completion and forecasting production, and ultimate recovery. We will also welcome case studies on these topics. WHO SHOULD Production Completion Reservoir Asset Project Geostaticians TECHNICAL SESSIONS - Completion Design and Procedures for Maximum - Hydraulic Fracturing Theories and Field Practices - Role of Geomechanics in - Forecasting Production from Low Productivity - Data Analytics and Machine ...
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