Crude oil pipeline news
bp sees global oil demand peaking next year
bp puts forward two scenarios for oil demand in 2025.
Rystad Energy offers oil macro market update
Brent rises on bullish US inventories, war zone tensions: Rystad Energy's oil macro market update.
Westwood: High impact exploration average discovery size declines and finding costs increase for the fifth consecutive year
High impact exploration has seen average discovery sizes decline year on year from nearly 500 million boe in 2019 to 220 million boe in 2023 whilst overall finding costs have gone up by a factor of six in the same period.
GlobalData: Oil and gas contracts market sees 37% decline
Oil and gas contracts market sees 37% decline in value during 1Q24, reveals GlobalData.
Rystad Energy: Oil demand to grow in mid-term, future depends on clean tech and policy
Stronger for longer: Oil demand to grow in the mid-term, future trajectory depends on clean tech and policy.
EIA: US leads crude oil production for sixth year running
The United States produced more crude oil than any nation at any time, for the past six years in a row, according to the Energy Information Administration (EIA).
Energy Transfer: Dakota Access oil pipe won't shut after environmental study
DAPL won’t be shut down after environmental review, says Energy Transfer (Reuters reports).
Major milestone reached in Uganda oil project
Chinese supplier meets deadline for first 100km of `smart’ crude oil pipeline.
Canada’s Enbridge anticipating expansion
Enbridge could add 200 000 bpd to Mainline oil pipeline capacity.
EIA expects new milestones for US crude oil production
EIA expects new milestones for US crude oil production amid sustained global petroleum demand and rising prices.