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Houston, Texas 77027
(713) 621-9720
Copyright © 2010: PennWell Corporation
All Rights Reserved.
Petroleum Reserves
Petroleum Reserves news and technical articles from Oil & Gas Journal. Search Petroleum Reserves latest and archived news and articles
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MARKET WATCH: Oil prices climb despite talk of SPR release
… 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 …
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SPR oil release 'equivalent' to QE2
… 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 …
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MARKET WATCH: Talk of SPR release drops oil prices
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 …
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MARKET WATCH: Oil prices back to levels before SPR release news
… 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 …
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SPR oil release ‘equivalent' to QE2
… 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 …
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China's strategic reserves capacity to double by 2011
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 …
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SPE, Russia to align reserves classifications
… 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 …
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SPE posts updated reserves definitions for comment
… 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 …
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Egypt’s Downstream Operations and Opportunities: Sidpec growth strategy built on product quality, export experience
… 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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Arc Energy buys Wandoo Petroleum from Mitsui
… 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 …
