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Cambodia Starts First Crude Oil Production after Years of Delays

2020-12-29 11:30:00| OGI

Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore's KrisEnergy Ltd. and the government, both parties said on Dec. 29, bringing an end to years of delays.

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Blueknight Energy Partners to Sell Crude Oil Business for $162 Million

2020-12-23 15:39:17| OGI

Blueknight Energy Partners LP has entered into multiple definitive agreements on Dec. 21 to sell its crude oil terminalling, pipeline, and trucking business segments for approximately $162 million in total cash consideration, including estimated crude oil linefill and inventory.

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US Crude Oil Stockpiles Soar amid Record Surge in Net Imports

2020-12-09 19:00:00| OGI

Crude oil inventories in the U.S. rose by 15.2 million barrels in the week to Dec. 4 to 503.2 million barrels, the largest build in crude inventories since April.

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US Crude Oil Production Rises in September Despite Cuts in Texas

2020-11-30 20:35:00| OGI

Oil production rose 61,000 bbl/d in North Dakota and 315,000 bbl/d in the offshore Gulf of Mexico, offsetting cuts in Texas, where output fell 60,000 bbl/d.

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Enterprise Crude Volumes Drop 26.1% on Oil Price Plunge

2020-10-28 15:36:23| OGI

Third-quarter pipeline transport struggled after producers slashed production.

Tags: price oil drop enterprise

 

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