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Oilfields 101

July 15-16, 2019 | Midland, TX
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Relevant News

Oil market hit by uncertainties and slow growth, LNG global market faces an imbalance

Energize Weekly, May 22, 2019 The oil market is being roiled by production cuts, political sanctions, slow economic growth and political uncertainty, leading to a market of “mixed signals,” according to the International Energy Agency (IEA). The global market for another key petroleum product, liquefied natural gas (LNG), also looks to be out of balance and subject to geopolitical uncertainties,

Oil demand will see a shift with transportation using less and petrochemicals using more, Barclays says

Energize Weekly, May 15, 2019 Global oil demand—under current economic and energy development trends—is projected to peak between 2030 and 2035 and then plateau through 2050, according to a new analysis by the London-based investment bank, Barclays. That peak could come as early as 2025 if more aggressive energy policies highlighting renewable power and energy efficiency are implemented, the analysis

Biodiesel fuels claiming a bigger share of U.S. soybean oil production

Energize Weekly, May 15, 2019 As the soybean market is roiled by trade disputes between the U.S. and China, the domestic biodiesel fuel industry is taking an increasing share of the country’s soybean oil production, according to federal Energy Information Administration (EIA) data. Biodiesel production absorbed 30 percent of domestic soybean oil, or 7.1 billion pounds, from Oct. 1, 2017,

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