Oil Buyer’s Guide >>>
U.K. shale gas may cut supply costs for Ineos’s Grangemouth refinery and could help prevent the plant’s closure, according to Bloomberg Industry analyst Phillipp Chiadek. Click here to view the entire article.
China’s smaller, independent oil refineries known as teapots may be granted more import licenses this year, a government research official said. Click here to view the entire article.
As fields from Louisiana to North Dakota are starting to show signs of fatigue, producers such as Anadarko Petroleum Corp. and EOG Resources Inc. are targeting East Texas, an area that has gone overlooked for decades. Click here to view the entire article.
In this SPECIAL EDITION: The combination of hydraulic fracturing and horizontal drilling to unlock gas and oil reserves in U.S. shale has put the country back on course to be one of the world’s largest oil producers, reshaping everything from its geopolitical relationship with Russia to the GDP of oil-producing states. Click here to download. [...]
Europe’s largest oil producer, plans to reduce spending in the Americas by 20 percent to focus on more profitable projects. Click here to view the entire article.
Oil traders are betting that Europe is too hooked on Russian fuel for the region to back energy sanctions against President Vladimir Putin. Click here to view sample article
Oman, which faces Iran across the Strait of Hormuz, said it’s poised to start raising cash for a $3 billion rail line offering an alternative route for oil and freight shipments. The nation is considering issuing bonds by the end of 2014 to kick-start funding for the track, said Abdulrahman Al Hatmi, a director at Oman National Railway [...]
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Alaskan coastal drilling by oil companies including ConocoPhillips and Royal Dutch Shell Plc may be further delayed after a federal appeals court ruled the government acted illegally in opening almost 30 million acres on the continental shelf for oil drilling. The Sierra Club and other organizations sued the government after the $2.6 billion sale of [...]
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