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World Petroleum Use Sets Record High, Asia Remains Largest Consumer

2013-08-26 15:58:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The world`s consumption of gasoline, diesel fuel, jet fuel, heating oil and other petroleum products reached a record high of 88.9 million barrels per day (bbl/d) in 2012, as declining consumption in North America and Europe was more than outpaced by growth in Asia and other regions. A previous article examined regional trends in petroleum consumption between 1980 and 2010; today`s article extends that analysis through 2012. Note: Oceania is grouped with Asia; it accounts for 1% of world consumption....

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July Petroleum Demand Hits Three-Year High

2013-08-26 02:46:05| oilandgasonline News Articles

Total U.S. petroleum deliveries (a measure of demand) increased by 1.7 percent from July 2012 to average 18.9 million barrels per day last month. This was the highest July level in three years.

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VP Wakefield Resigns From Renegade Petroleum

2013-08-23 15:40:00| OGI

Upon Wakefield's departure from the company, Russell Walz has been appointed as interim vice president of exploration.

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Penn West Petroleum cuts staff by a quarter since the beginning of 2013

2013-08-23 12:58:24| Energy - Topix.net

Penn West Petroleum Ltd. said Thursday that it has cut its workforce by a quarter since the beginning of the year in order to improve competitiveness.

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Ayalytical Instruments Adds Rikagu Micro-Z, An Ultra-low Sulfur Analyzer, To Petroleum Instrumentation Product Line

2013-08-23 05:13:51| oilandgasonline Home Page

Ayalytical Instruments announces the Rikagu Micro-Z ultra-low sulfur (ULS) benchtop analyzer for the petroleum industry, as an exclusive addition to its product line of instrumentation to the petroleum, biofuels, lubricants and materials testing industries.

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