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Petroleum Reserves

Petroleum Reserves news and technical articles from Oil & Gas Journal. Search Petroleum Reserves latest and archived news and articles

  1. Giant fields retain dominance in reserves growth

    Magazine Articles

    Mon, 3 Feb 2014

    be dominated by conventional petroleum reserves . The International Energy ..... largest share of total giant 2P petroleum reserves are the Amu-Darya (accounting ..... total original 2P conventional petroleum reserves in the world. Their significance

  2. SPR oil release 'equivalent' to QE2

    Online Articles

    Tue, 28 Jun 2011

    International Energy Agency’s decision to release 60 million bbl of crude and petroleum products from the strategic petroleum reserves is “the equivalent of QE2 in the oil market,” said Barclays Capital analysts. QE2, the second phase of the

  1. MARKET WATCH: Talk of SPR release drops oil prices

    Online Articles

    Fri, 16 Mar 2012

    Oil prices dropped Mar. 15 on reports US President Barack Obama raised the possibility of releasing strategic petroleum reserves in a Washington meeting with British Prime Minister Cameron. However, some of the initial loss was recovered after

  2. MARKET WATCH: Oil prices back to levels before SPR release news

    Online Articles

    Thu, 30 Jun 2011

    release of 60 million bbl from members’ emergency petroleum reserves . Just a week ago, IEA announced it would release ..... million bbl of sweet oil release from the US Strategic Petroleum Reserves does not matter or that the futures markets are

  3. MARKET WATCH: Oil prices climb despite talk of SPR release

    Online Articles

    Fri, 17 Aug 2012

    that an unnamed member of President Barack Obama’s administration indicated the possible release of Strategic Petroleum Reserves to drive down gasoline prices at the pump. Many analysts have long anticipated the administration will release SPR

  4. SPR oil release ‘equivalent' to QE2

    Magazine Articles

    Mon, 4 Jul 2011

    International Energy Agency's decision to release 60 million bbl of crude and petroleum products from the strategic petroleum reserves is "the equivalent of QE2 in the oil market," said Barclays Capital analysts. QE2, the second phase of the

  5. China's strategic reserves capacity to double by 2011

    Magazine Articles

    Mon, 21 Sep 2009

    China's strategic petroleum reserves capacity will have doubled by 2011-12. This rapid expansion ..... an overview of recent developments in China's strategic petroleum reserves and commercial storage. SPR China's SPRs are being constructed

  6. SPE posts updated reserves definitions for comment

    Online Articles

    Mon, 16 Oct 2006

    Petroleum Engineers has posted the proposed 2007 Petroleum Reserves and Resources Classification, Definitions, and ..... replace guidelines outlined in the 1997 SPE-WPC Petroleum Reserves Definitions and the 2000 SPE-WPC-AAPG Petroleum

  7. SPE, Russia to align reserves classifications

    Online Articles

    Tue, 24 Nov 2009

    programs to enhance the global understanding of petroleum reserves and resources. Under the agreement, GKZ and SPE ..... systems will help to ensure greater consistency of petroleum reserves and resource estimates. The two organizations also

  8. Egypt’s Downstream Operations and Opportunities: Sidpec growth strategy built on product quality, export experience

    Magazine Articles

    Mon, 28 Jan 2008

    Turning crude oil and natural gas components into basic and intermediate petrochemicals adds significant value to petroleum reserves . The country that produces these products from its raw materials best serves its economy and its citizens’ long

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