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 Post subject: How Russian oil-giant Rosneft could claim U.S. oil
PostPosted: Wed Feb 17, 2021 3:24 am 
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Its loan to the Venezuelan company behind Citgo could trigger a claim on U.S. pipelines that only the White House could stop




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 Post subject: ESAI: Russian oil production set to recover
PostPosted: Thu Feb 18, 2021 3:47 pm 
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Russian production fell by 170,000 b/d from April to May as the disruption to oil exports caused output to fall to 60,000 b/d less than the production-cut commitment. The last hurdle is restoring 750,000 b/d via the northern leg of Druzhba.



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 Post subject: Gulf of Mexico producers to become Talos Energy Inc.
PostPosted: Sat Feb 20, 2021 7:23 am 
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Talos Energy LLC, Houston, and Stone Energy Corp., Lafayette, La., have agreed to merge in an all-stock transaction creating a Gulf of Mexico producer named Talos Energy Inc. Both companies recently have reported discoveries in the deepwater Gulf of Mexico. And Talos this year reported an oil strike in shallow water off Mexico in its Zama 1 exploratory well.



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 Post subject: MARKET WATCH: Oil prices fall as EIA projects higher US crud
PostPosted: Mon Feb 22, 2021 4:45 pm 
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MARKET WATCH: Oil prices fall as EIA projects higher US crude output

Crude oil prices on the New York and London markets declined on Apr. 17 following release of a US government report projecting further oil production gains. The US Energy Information Administrations latest Drilling Productivity Report forecasts crude output from the seven major US onshore producing regions to increase 124,000 b/d month-over-month in May to average 5.193 million b/d.



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 Post subject: Survey: Central US producers optimistic
PostPosted: Thu Feb 25, 2021 5:01 am 
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Oil and gas operators in the central US show growing optimism in a survey by the Federal Reserve Bank of Kansas City.



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 Post subject: Dixit appointed CEO of Cairn Oil & Gas
PostPosted: Thu Feb 25, 2021 5:28 am 
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Ajay Kumar Dixit has been named chief executive officer of Cairn Oil & Gas, part of Vedanta Ltd. based in Gurgaon, India. He succeeds Sudhir Mathur, who has left the company.



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 Post subject: California-focused oil, gas startup appoints operational lea
PostPosted: Fri Feb 26, 2021 1:27 am 
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California-focused oil, gas startup appoints operational leadership

Sentinel Peak Resources LLC, backed by Denver-based private equity firm Quantum Energy Partners, has named two more industry veterans to its executive leadership team.



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 Post subject: API: US petroleum demand last month highest for May since 20
PostPosted: Fri Feb 26, 2021 1:56 am 
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API: US petroleum demand last month highest for May since 2007

According to monthly statistics from the American Petroleum
Institute, total US petroleum deliveries in May moved up 4.9% from May
2016 to average 20.1 million b/d. These were the highest May deliveries
in 10 years and the highest deliveries for any months in more than 9
years.



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 Post subject: Alyeska Pipeline responds to crude release at Valdez termina
PostPosted: Fri Feb 26, 2021 4:22 am 
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Alyeska Pipeline responds to crude release at Valdez terminal

Alyeska Pipeline Service Co.
is responding to a release of crude oil onto water at the west end of
the Valdez Marine Terminal near Berth 5. Crews reported a sheen on the
water at around 11:30 a.m. on Sept. 21, and secured the source of the
spill.



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 Post subject: Chavez to head Citgo after execs arrested
PostPosted: Fri Feb 26, 2021 6:27 am 
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Asdrubal Chavez, a cousin of the late former president of Venezuela, has been named acting president and chief executive officer of Citgo Petroleum Corp. a week after the arrests of his predecessor and five other company executives on charges of corruption. 



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