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Weekly Crude Oil Storage as of December 3, 2021 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 0.2 million barrels from the previous week. At 432.9 million barrels, U.S. crude oil The post U.S. crude oil inventories decrease by 0.2 million barrels appeared first on Oil & Gas 360 .

Commercial crude oil inventories in the US fell by 0.24 million barrels in the week ending December 3, a weekly report published by the US Energy Info

Operator of oil mining lease (OML) 29, Aiteo has disclosed that it has finally put out the leak on its Santa Barbara wellhead in Nembe, Bayelsa state. The wellhead is The post Nembe oil spill: Weve finally put out the wellhead leak Aiteo appeared first on Nigeria''s Top News Site .

Oil exports from the Amazon are being driven by demand from refineries in California, researchers have found, as the Ecuadorian rainforest overtakes Saudi Arabia as the state’s largest supplier of foreign crude. Research published by Stand.earth and Amazon Watch finds that half of all crude oil exported from Amazon regions ends up at refineries in California. The vast … The post Majority of California oil imports sourced from Amazon rainforest, report finds appeared first on Global Trade Review (GTR) .

There is a photo depicting Joanna Berenger and a child hugging a massive tree, with the caption " Sak pie ena ene zistoire pou rakonte" , with the rider that people who "ekut bien" will be able to hear the story. Yes folks, that is all that we need in our lives, and Planet Earth will be fine then. We should all give up work for the day and hug a tree, whether the tree likes it or not. Shall I tell her that she is 100% right, and that in fact I have thrown out all my radios/music tapes, because if I want to hear a lovely Mohamed Rafi song, all that I have to do is sit under mo pied leksi, and Rafi will sing to me all the beautiful songs in his repertoire... Hellooooo, is there a psychiatrist in the house, I ask myself.... Then we have the "Chatwa of the year contest" run by Starter Pack Moris, who has accurately defined a chatwa as " bann ki contan souss politicien pou gagne enn lavatanz" , also known as "roder boutt, sousser mayo". We all know that Mauritius has many, many chatwas, unfortunately...

The senate has stated that an oil spill from the Aiteo Eastern Exploration and Production Company Limited facility in Nembe, Bayelsa is unacceptable, urging relevant agencies to penalise the company. The post Penalise Aiteo for Nembe oil spill, senate tells FG appeared first on Nigeria''s Top News Site .

(Bloomberg) Amid the rusted remnants of Venezuelas once-mighty oil industry, a motley crew of obscure drillers has achieved a feat few thought possible: Its more than doubled the countrys crude production in the space of a year. State-owned Petroleos de Venezuela SA has been pumping about 908,000 barrels a day in the past week, according to people familiar with Read more

A group under the aegis of Coalition of Northern Groups, on Wednesday, condemned the plan by the Federal Government to remove fuel subsidy, threatening to mobilise the entire people of the region to resist it. CNG said the plan by the government to increase the pump price of fuel to N340 per litre has continued to elicit varying reactions from Nigerians and civil society organisations. Addressing journalists in Gombe at the end of their North East stakeholders meeting organised by the group, the North East coordinator of the coalition represented by the Taraba State coordinator, Ibrahim Mohammed, kicked against the planned increase in fuel price. According to him, the promise to replace the oil subsidy with a payment of N5, 000 stipend each to 40 million citizens is impracticable, stressing that it is ill-intended, saying even if it will be paid, it will benefit few Nigerians. The coalition explained that they would submit the copy of their resolution to the emir of Gombe Abubakar Shehu III to peruse, having held the meeting in his state.

OPEC+ left the door open last week to change its oil output policy before the next meeting and, if output is raised more slowly or not at all, this would knock GDP growth back mechanically in the Gulf plausibly by around 0.5%-pts next year. At the same time, if oil prices drop further than we expect, Oman and Bahrain will have to tighten fiscal policy even further and probably rely on further financial assistance from other Gulf countries. Read the publication Energy market poses downside risk to the Gulf on the Capital Economics Website.

By Blake Virgilio, SIOR, CCIM, vice president at Colliers The Houston office market continued its very gradual stabilization with 27,000 square feet of positive absorption in the third quarter. While [] The post Rising Oil Prices, Positive Quarterly Absorption Spell Hope for Houston Office Market appeared first on REBusinessOnline .

Venezuelas government estimates income from crude exports will finance 61% of its national budget next year, according to a document seen by Reuters, as []

The oil on canvas painting depicts an Amsterdam civil militia.

The US government has sold Iranian petroleum products confiscated by the Navy in the waters of the Arabian Sea for $26.7 million, the Department of Justice said in a statement

UK consulting and engineering firm Wood has secured a multi-million dollar contract with Saudi Aramco to deliver engineering and project management services for the Safaniyah and Manifa oilfields in the Kingdom of Saudi Arabia. The two-year contract includes the delivery of conceptual studies, front-end engineering design (FEED) and project management services for Saudi Aramcos oil