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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. MARKET WATCH: Talk of SPR release drops oil prices

    Article

    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. SPR oil release 'equivalent' to QE2

    Article

    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 …

Related Topics:

  1. Wall Street
  2. Recoverable Oil
  3. Recoverable
  4. Natural Gas Liquids
  5. Technically Recoverable
  6. Probable Reserves
  1. MARKET WATCH: Oil prices back to levels before SPR release news

    Article

    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 …

  2. SPR oil release ‘equivalent' to QE2

    Print

    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 …

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

    Print

    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 …

  5. SPE, Russia to align reserves classifications

    Article

    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 …

  6. SPE posts updated reserves definitions for comment

    Article

    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. Arc Energy buys Wandoo Petroleum from Mitsui

    Article

    Thu, 26 Apr 2007

    … Wilkinson OGJ Correspondent MELBOURNE, Apr. 26 -- Arc Energy Ltd., Perth, has boosted its proved and probable petroleum reserves by 336% with the acquisition of Mitsui's Australian affiliate Wandoo Petroleum Pty. Ltd. for $315 million …

  8. AAPG, SPEE mull backing of 'reserves evaluator' certification program

    Article

    Mon, 23 May 2005

    … program to standardize the way the oil and gas industry estimates and reports petroleum reserves . The initiative is in response to concerns over recent petroleum reserves writedowns that prompted investors, the US Congress, and other regulators …

  9. India reviews its hydrocarbon security, considers SPR

    Article

    Wed, 29 May 2002

    … MUMBAI, May 29 -- The Indian Prime Minister's Office (PMO) has revived an earlier plan to build strategic petroleum reserves as a way to protect the country from possible oil supply disruptions. The move assumes significance, given India …

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