EIA: Permian, Eagle Ford to continue bolstering US onshore oil output in June

Crude oil production from the seven major US onshore producing regions is forecast to rise 122,000 b/d month-over-month in June to average 5.401 million b/d, according to the US Energy Information Administration’s latest Drilling Productivity Report. All but 15,000 b/d of the increase is expected to come from the Permian and Eagle Ford. Source: […]

Shell, Aramco finalize separation of Motiva assets

Saudi Aramco and Royal Dutch Shell PLC have completed their previously announced transaction to divide up assets, liabilities, and businesses of their US-based refining and marketing joint venture Motiva Enterprises LLC. Source: News

Thai refiner schedules maintenance shutdown

Bangchak Corp. Public Co. Ltd. (BCPCL), formerly Bangchak Petroleum Public Co. Ltd., has scheduled two units for 22 days of planned maintenance beginning later this month at its 114,000-b/d refinery in Bangkok, Thailand. Source: News

Total signs exploration contract for Mauritania’s C7 block

Total SA has signed a contract with the Mauritanian government for exploration work on the 7,300-sq-km C7 block. Total will be operator with 90% interest alongside Societe Mauritanienne des Hydrocarbures et de Patrimoine Minier (SMHPM) with the remaining 10%. Source: News