API: New seismic impact statement disregards industry’s operating record in Gulf of Mexico

API issued the following statement expressing disappointment in the Bureau of Ocean Energy Management’s (BOEM) final Programmatic Environmental Impact Statement (EIS) on seismic surveying in the Gulf of Mexico. API previously

Read more...

Fitch: North American Midstream Energy Facing Raised Volume Risks

Renewed pressure on domestic energy production budgets has the potential to weigh on US midstream oil and gas volumes in the second half of 2017, according to Fitch Ratings. Volumetric risk

Read more...

Three important oil trade chokepoints are located around the Arabian Peninsula

Nearly 59 million barrels per day (b/d) of global petroleum and other liquids production moved on maritime routes in 2015, or almost 61% of the world total. Many of these products

Read more...

OPEC’s Continued Failure — A Note On The Price Of Oil

No one is fooled by the illusion of OPEC production cuts, but it is worse than most think.

The price of oil, which has fallen in nominal terms during 2017, has

Read more...

California requirements for Ballast Water discharge

Further to the club’s previous web alert (here), the California State Lands Commission (SLC) has issued a letter (dated 24 July 2017) approving the use of USCG Type Approved Ballast

Read more...