US production dominance, propelled by dramatic growth from the application of unconventional production technologies since 2005, has irrevocably changed global natural gas geopolitics by helping make overseas markets more liquid and less localized, the author of a new book argued. Source: News
Kuwait group lets contract for paraxylene production unit
Kuwait Paraxylene Production Co. (KPPC) has let a contract to Honeywell International Inc. subsidiary Honeywell UOP LLC, Des Plaines, Ill., to provide a suite of cloud-based technology and interactive support services aimed at improving productivity, efficiency, and profitability of operations at the Shuaiba petrochemical complex in Safat, Kuwait. Source: News
Norwegian voters snub Green antioil push
An election seen partly as a referendum on Norway’s future as an oil-producing country went solidly for the status quo. Source: News
Petrobel lets subsea contract for Zohr field Phase 2
Belayim Petroleum Co. (Petrobel), a joint venture of wholly owned Eni SPA subsidiary IEOC Production BV and Egyptian General Petroleum Corp., has let a subsea contract to Baker Hughes for Phase 2 of the supergiant Zohr gas field in the Mediterranean Sea offshore Egypt. Source: News
Samson Resources II to drill five wells in Wyoming
Samson Resources II LLC, Tulsa, is slated to drill five operated wells on its Fort Union property in Sweetwater County, Wyo., and will conduct an accelerated permitting program in the Powder River basin. Source: News
Block Energy focuses on Georgian oil and gas
Block Energy PLC, London, has agreed to sell gold-mining subsidiary Antubia Resources Ltd. and will concentrate on oil and gas development in the Republic of Georgia. Source: News
OPEC production falls to 32.76 million b/d in August
The Organization of Petroleum Exporting Countries said secondary sources estimated its oil production fell 79,000 b/d in August to 32.76 million b/d compared with July. It was the first time since April that the oil cartel reported a production drop. Source: News
MARKET WATCH: Crude oil gains but gasoline falls as Irma hits Florida
The US light, sweet crude oil contract for October gained modestly on the New York market Sept. 11 while heating oil and gasoline futures prices fell as Hurricane Irma moved north along Florida’s Gulf Coast. Source: News
Note to lawmakers returning to work: It's not gouging
Congress will return from recess with gasoline and diesel prices rising. The coincidence is dangerous. Source: News
Watching Government: We've heard it all before
It’s likely that by the time this column appears, some local or national politician will have charged that dramatically higher oil product prices following Hurricane and Tropical Storm Harvey’s memorable visit in Texas and Louisiana reflect heartless gouging of consumers by no-good, lowdown scoundrels. Source: News