Global oil product markets could become as unstable as their crude oil counterparts because changing product specifications could reduce output from overseas refineries that have not been updated, a leading observer said Source: News

Light, sweet crude oil for the November contract gained modestly, settling above $50/bbl on Sept. 22 for a third consecutive day. Oil prices continued rising on Sept. 25 after some officials from the Organization of Petroleum Exporting Countries said production agreements were rebalancing the world oil supply-demand situation. Source: News

Pete V. Domenici’s 36-year US Senate career was so broad that several tributes following his death on Sept. 13 gave short shrift to his work on the Energy and Natural Resources Committee, particularly as chairman under one president and ranking minority member under another. So we’ll start with some of what the committee’s current chair, […]

BP PLC and Royal Dutch Shell PLC may no longer be allowed to sell natural gas directly to Atlanic LNG (ALNG) and will have to transport its gas to ALNG via Trinidad and Tobago’s National Gas Co. (NGC), according to the recommendations contained in the Caribbean twin-island nation’s Natural Gas Master Plan (NGMP). Source: News

The US House of Representatives approved the Fiscal 2018 Interior Department, Environment, and Related Appropriations bill on Sept. 14 that included two amendments affecting oil and gas producers that it adopted the previous day. Source: News

Starkly contrasting views emerged this month about the future of oil. One sees a peak in oil demand as early as 2020. The other sees no peak for at least the next couple of decades. Source: News

Despite surviving a nearly 8-year-long career as a crude oil price reporter for the petroleum industry before finding a home at Oil & Gas Journal, this editor rarely gave much thought to the language used to describe and distinguish-perhaps to our collective detriment-the various sectors of our business. Source: News

Although production restraint has proven slower than hoped by its sponsors at balancing an oversupplied oil market, late-2016 agreements are making history. Source: News