IEA revises up forecasts of global oil demand growth

In the latest Oil Market Report (OMR), the International Energy Agency has revised upwards its estimates of global oil demand growth in 2017, this time by 100,000 b/d to 1.6 million b/d.The post IEA revises up forecasts of global oil demand growth appe…

Corbin to lead European operations for Sparrows Group

Matt Corbin has joined Sparrows Group as its regional operations director for the UK and Europe. Based in Aberdeen, he will support the company’s growth in the oil and gas, renewables, and industrial sectors.

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EIA forecasts 79,000-bo/d rise in October from major US onshore regions

Crude oil output from the seven major US onshore producing regions is
forecast to increase 79,000 b/d month-over-month in October to 6.083
million b/d, the US Energy Information Administration said in its latest
monthly Drilling Productivity Report….

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Nexen, Inpex cancel British Columbia-based Aurora LNG export project

Aurora LNG
and its partners, Nexen Energy—a wholly owned subsidiary of China
National Offshore Oil Corp. Ltd.—and INPEX Gas British Columbia, have
ended the project’s feasibility study and will cease all activity on the
project.

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Oman-Kuwait JV finalizes contracts for grassroots refining complex

Duqm Refinery & Petrochemical Industries Co. LLC (DRPIC), Muscat, a joint venture of state-owned Oman Oil Co. and Kuwait Petroleum Corp. subsidiary Kuwait Petroleum International Ltd.,
has awarded the final two of three main contract packages for …

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Radical regulators

Radicalization of Canadian energy policy glows ominously under light cast from TransCanada PipeLines Ltd.’s request to delay action on its applications for the important Energy East Pipeline and a smaller project.The post Radical regulators appeared fi…

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Jack up rig arrives for Pasca A-4 appraisal in Gulf of Papua

China Oilfield Services Ltd.’s COSL Seeker jack up rig was offloaded
in Port Moresby harbor during the weekend and is now heading for Perth
company Twinza Oil Ltd.’s Pasca A-4 appraisal drilling location in the
Gulf of Papua.

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