Durban bunker fuel prices plunge on improved supply: trade

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Category: Energía y Combustibles
Published on Saturday, 23 May 2015 10:42
Written by Administrator2
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London (Platts)--22May2015/615 am EDT/1015 GMT

Durban bunker fuel prices have plunged after the supply situation in the region picked up when a major supplier began quoting again, sources said Friday.

Ex-wharf Durban 180 CST high sulfur bunker prices plummeted $165/mt Thursday to $435.50/mt, while marine gasoil fell $102/mt to $730.50/mt.

Ex-wharf 180 CST HSFO was heard at $440/mt Friday morning.

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Engen began quoting prices again after supply levels improved, according to sources.

Durban bunker prices spiked after the SAPREF refinery, a

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¿Cuánto crudo de ‘fracking’ hay fuera de EE UU? 141.000 millones de barriles?

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Category: Energía y Combustibles
Published on Thursday, 14 May 2015 11:27
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El País

Un análisis de la consultora IHS revela que Irán, México, Rusia y China serían los países con más potencial para extraer petróleo con esa técnica

Thomas Gualtieri Madrid 14 MAY 2015 - 07:05 CEST

 Pozos de petróleo en California (EE UU) donde se usa el método de 'frackiing'. / AFP

El uso masivo del fracking, la técnica no convencional de extracción de petróleo usada en Estados Unidos, ha revolucionado el mercado del crudo global. Su utilización ha permitido al país norteamericano aumentar la producción y reducir drásticamente las importaciones, algo que ha generado una sobreoferta mundial que se ha traducido en un desplome de los precios. Su potencial, sin embargo, puede ir más allá de las fronteras estadounidenses. Los investigadores de

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Arctic oil drilling: Environmentalists condemn Obama decision to permit Shell exploration project in Chukchi Sea

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Category: Energía y Combustibles
Published on Wednesday, 13 May 2015 13:46
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Independent

 

Project due to take place in remote and dangerous location
 
 
 
Andrew Buncombe  

New York

Tuesday 12 May 2015

 

Environmentalists have questioned a decision by the Obama administration to approve oil drilling in the Arctic – the first since such exploration since a 2012 accident that saw a drilling rig run aground.

The Arctic is estimated to contain up to 20 per cent of the world’s untapped oil and gas reserves, but the process is difficult and dangerous and experts say its extraction could be years away.

On Monday, the Obama government gave conditional approval to a plan from Shell to drill for oil in the Chukchi Sea. Experts say it could hold up to 15 billion barrels of oil, but that

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U.S. Approves Shell's Arctic Drilling Plan

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Category: Energía y Combustibles
Published on Tuesday, 12 May 2015 12:06
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mex

 

 Image: Shell's Noble Discoverer

By Reuters 2015-05-11 15:45:29

Royal Dutch Shell's return to oil drilling in the U.S. Arctic for the first time since 2012 took a big step forward on Monday when the Obama administration approved the company's exploration plan.

The Department of Interior conditionally approved Shell's plan to explore for oil in the Chukchi Sea off Alaska. Shell has already spent about $6 billion on exploration in the Arctic.

The Arctic is estimated to contain about 20 percent of the world's undiscovered oil and natural gas, but its recovery could be decades away.

Shell proposes to drill up to six wells in water about 140 feet (40 meters) deep, using two vessels that can serve as relief-wells for each other

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