The heavy-sour grade, which is produced by Italian oil major Eni in the Amoca, Mizton and Tecoalli offshore fields, has seen increased interest from US refiners, such as Marathon Petroleum Corp. and PBF Energy Inc., as reported in the Aug.-29 Digest.
September 19, 2022
The prospects for sending out crude from the two regions are poor at the moment, with weaker demand ...
September 12, 2022
On Aug. 19, US District Court Judge Carl Nichols upheld a 2019 award of $8.75B from the World Bank's International Center for Settlement of Investment Disputes to ConocoPhillips (COP) over the 2007 expropriation of its Venezuelan oil assets.
September 05, 2022
US refiners, including Marathon Petroleum Corp. and PBF Energy Inc., have been boosting imports of a new Mexican crude grade, Mizton, produced by Eni.
August 29, 2022
Alberta is the prominent oilsands producer in Canada. Its oil output averaged a record 3.6MM b/d over H1, up 100K b/d from H1 2021, according to ATB Financial (owned by Alberta).
August 22, 2022
According to data from Refinitiv Eikon released on Aug. 2, Venezuelan oil exports ..
August 15, 2022
The Spanish energy firm confirmed during its 2Q earnings call on July 28 that it has resumed its oil-for-debt swaps deal with Venezuela.
August 08, 2022
The Canadian integrated energy company plans to cut its CO2 emissions by 10MM mt/y by 2030 before becoming carbon neutral by 2050.
July 25, 2022
In light of the embargo on Russian oil, the US is trying to lift export restrictions on two OPEC producers—Iran and Venezuela—to fill in the supply void left by Russia in the West as reported in the May-30 Digest, but so far, the results are mixed as evidenced in the latest developments.
July 18, 2022
Kevin Birn, Vice-President of Commodity Insights at data firm S&P Global Inc., said Canadian oilsands output is set to grow by 250K b/d over the next two years, which equates to about 4%/y growth over this period.
July 11, 2022
