Oil and gas news | Inspenet

By: Franyi Sarmiento, Ph.D., Inspenet, June 28, 2022. Asian stock markets ended Tuesday higher, following better signs in most of the region's stock markets…

Oil and Gas

Researchers use SAR remote sensing methods to identify sources of marine oil pollution

Inspenet. · June 24, 2022

By: Franyi Sarmiento, Ph.D., Inspenet, June 24, 2022. Oil slicks (microscopic ephemeral layers of hydrocarbons floating on the ocean surface) can be of natural…

Oil and Gas

APA Corporation announced the discovery of 180 million barrels of oil in-situ in Suriname

Inspenet. · June 23, 2022

Free translation by: Franyi Sarmiento, Ph.D., Inspenet, June 23, 2022. APA Corporation announced this week flow test results from the Krabdagu (KBD-1) exploration well…

Oil and Gas

Baker Hughes rejoins the Fortune 500 list

Inspenet. · June 22, 2022

Free translation and writing by: Franyi Sarmiento, Ph.D., Inspenet, June 22, 2022. Fortune magazine has published the Fortune 500 list, which lists the best…

Oil and Gas

Russia becomes China’s largest oil exporter

Inspenet. · June 21, 2022

China raised Russian crude imports by 54.84% in May, reaching 8.41 million tons and surpassing Saudi Arabia.

Oil and Gas

Guyana could overtake Brazil as South America’s top oil producer

Inspenet. · June 17, 2022

By: Franyi Sarmiento, Ph.D., Inspenet, June 17, 2022. The large global energy company ExxonMobil and its partners Hess and CNOOC have made a significant…

Oil and Gas

API Unveils 10-Point Policy Plan to Restore US Energy Leadership and Drive Economic Recovery

Inspenet. · June 17, 2022

Free translation by: Franyi Sarmiento, Ph.D., Inspenet, June 17, 2022. The American Petroleum Institute this week released a "10 in 2022 plan": 10 policies…

Oil and Gas

US Department of Energy will sell oil from its strategic reserve

Inspenet. · June 17, 2022

By: Franyi Sarmiento, Ph.D., Inspenet, June 17, 2022. The United States Department of Energy announced Tuesday that it will sell 45 million barrels of…

Oil and Gas

OPEC revises downward forecast for oil demand in the second quarter of 2022

Inspenet. · June 16, 2022

By: Franyi Sarmiento, Ph.D., Inspenet, June 16, 2022 This week, the Organization of the Petroleum Exporting Countries (OPEC) left its forecast for 2022 oil…

Oil and Gas

TotalEnergies wins stake in multi-billion dollar Qatar gas expansion project

Inspenet. · June 15, 2022

By: Franyi Sarmiento, Ph.D., Inspenet, June 15, 2022. TotalEnergies became the first foreign company to win a stake in a multi-billion dollar project to…