Oil and gas news | Inspenet

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…

Oil and Gas

Oil exploration 350 km from Mar del Plata will be without platforms or explosions

Inspenet. · June 9, 2022

By: Franyi Sarmiento, Ph.D., Inspenet, June 9, 2022. The exploration process will be carried out 350 km from the city of Mar de Plata,…

Oil and Gas

Vietnam exceeded its oil extraction plan

Inspenet. · June 8, 2022

By: Franyi Sarmiento, Ph.D., Inspenet, June 8, 2022. The Vietnam National Oil and Gas Group (PVN) exceeded the crude oil extraction plan for the…

Oil and Gas

Oil rises to US$ 120 and world stock markets operate on the rise

Inspenet. · June 7, 2022

By: Franyi Sarmiento, Ph.D., Inspenet, June 7, 2022. European stocks rose on Monday helped by miners and luxury stocks as China eased more Covid-19…

Oil and Gas

During 2022, petroleum coke will once again be competitive against coal

Inspenet. · May 23, 2022

By: Franyi Sarmiento, Ph.D., Inspenet, May 23, 2022. Following the Russia-Ukraine conflict, energy markets have been experiencing extreme volatility in terms of commodity prices…

Oil and Gas

Shell Oil Company’s Prelude FLNG is the largest floating structure built

Inspenet. · May 23, 2022

By: Franyi Sarmiento, Ph.D., Inspenet, May 23, 2022. The Prelude FLNG is a massive liquefied gas platform, so large it is the largest of…

Oil and Gas

Canadian oil production may increase by 900,000 barrels per day, according to Prime Minister

Inspenet. · May 19, 2022

By: Franyi Sarmiento, Ph.D., Inspenet, May 19, 2022. Canada's oil production could increase by 900,000 barrels a day to offset supply losses from Russia's…