Oil and Gas

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 31, 2022.
US crude oil inventories fell while gasoline and distillate inventories rose, the Energy Information Administration EIA reported on Wednesday.

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 31, 2022.
Exports of crude oil and petroleum products from Guyana to the United States almost tripled (+181.48%) in one year, going from an average of 27,000 in 2020 to 76,000 barrels per day in 2021, according to data from the Energy Information Administration. of the United States (Energy Information Administration EIA).

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 31, 2022.
The state oil company Petroecuador reported that this week it will start the program to reactivate more than 1,000 closed wells in the Ecuadorian Amazon. It will sign specific service contracts with private companies for the reactivation of the wells, which are now closed.

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 30, 2022.
The Government of Canada unveiled its new climate action plan, which calls for a 75% reduction in emissions from the country’s oil sector over the next eight years to meet the 2030 targets.

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 29, 2022.
The companies Enagás and Omers Infrastructure, owners of 80% of the GNL Quintero shareholding (the remaining 20% is owned by Enap), have announced the agreement reached with the companies EIG and Fluxys for the sale of their stake in our Company.

Free translation and writing by: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 29, 2022.
Petronas Technology Ventures Sdn Bhd, has partnered with Waygate Technologies Robotics AG to commercialize a jointly developed robotic inspection device and expand its use in the oil and gas industry.

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 28, 2022.
Liquefied Natural Gas (LNG) exports from the United States set a record in 2021 with 9.7 billion cubic feet per day (Bcf/d), according to a study by the United States Energy Information Administration, EIA for its acronym in English .