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The American Petroleum Institute announced that Will Hupman is returning to API as Vice President of Downstream Policy. In this role, Hupman will lead the API Downstream department and coordinate downstream issues across the organization to help advance API’s mission. View the full article
The American Petroleum Institute announced the promotion of Cole Ramsey to Vice President of Upstream Policy. In this role, Ramsey will lead the API Upstream team, manage API’s Upstream Committee and spearhead the coordination of Upstream oil and natural gas issues across the organization to help advance API’s mission. View the full article
American Petroleum Institute (API) President and CEO Mike Sommers has named Amanda Eversole as Executive Vice President and Chief Advocacy Officer, where she will lead the organization’s integrated advocacy efforts across the federal government relations, state government relations, and external mobilization departments. View the full article
The American Petroleum Institute (API) President and CEO Mike Sommers have issued a statement congratulating President Trump on his election victory. View the full article
The Chamber of Commerce embraced market-based policies to limit emissions in January, and several of API’s largest members, including Exxon Mobil, ConocoPhillips, BP and Royal Dutch Shell already support a carbon tax-and-rebate plan. View the full article
The American Petroleum Institute (API) President and CEO Mike Sommers have issued a statement congratulating President Trump on his election victory. View the full article
(WO) — The American Petroleum Institute (API) issued a statement supporting a federal court's decision that will avoid significant consequences for American energy security and allow new and existing oil and gas operations to continue.
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Mike Sommers, president and CEO of the American Petroleum Institute (API), addressed the New Mexico Oil and Gas Association in Santa Fe today, emphasizing the critical role of U.S. energy security amid rising global tensions. View the full article
Today in Newsweek, API President and CEO Mike Sommers outlines how the next administration and new Congress can advance commonsense energy policies that work for all Americans. Strength in leadership, homegrown production and upholding consumer choice are among his top points to consider. View the full article
The American Petroleum Institute (API) has appointed Kevin Slagle as its new senior vice president of communications. Slagle will lead API’s communications team to advance the U.S. oil and natural gas industry's priorities in Washington, including those outlined in API’s 5-Point Policy Roadmap. View the full article
The American Petroleum Institute (API) has named Stephen Comstock as Vice President and Senior Counselor for Policy, Economics and Regulatory Affairs, and promoted Dr. Aaron Padilla to Vice President of Corporate Policy. View the full article
The American Petroleum Institute announced a new initiative designed to attract more veterans and transitioning service members into meaningful and well-paying careers in the natural gas and oil industry. View the full article
The American Petroleum Institute President and CEO Mike Sommers and American Fuel and Petrochemical Manufacturers President and CEO Chet Thompson sent a letter to U.S. Secretary of Energy Jennifer Granholm raising significant concerns that the administration could pursue a ban or limits on refined petroleum products. View the full article
Following this week's sixth-annual South Asian Geoscience Conference and Exhibition 2024, also known as GEO India, the Association of Petroleum Geologists (APG) India has shared its key highlights from the industry event. View the full article
Apex International Energy announced the Fajr-8 development well was tested at a daily rate of 2,440 barrels of oil and negligible water. View the full article
To date, Apex has drilled 10 wells. Six of the 10 drilled wells are currently producing, one has been completed as a water supply well for a water injection project, two are discoveries waiting on completions, and one was a dry hole. View the full article
Apache Corporation has ended routine flaring in its U.S. onshore operations, achieving one of its 2021 ESG goals three months ahead of schedule. View the full article
APA Corporation announced drilling success and updated the status of its appraisal program offshore Suriname in Block 58. The primary objective of the first phase of the appraisal drilling program is to deliver a fast-track, black oil development. View the full article
APA Corp. and its Chinese partner in an Egyptian oil project will recover almost $900 million in prior investments under a new drilling contract with the North African nation. APA was the day’s best performer in the SandP 500 Index. View the full article
The agreement builds on the work deployed across APA’s global portfolio over the past three years and introduces new artificial intelligence capabilities with Palantir’s Artificial Intelligence Platform (AIP) software. View the full article
The properties are located in the Central Basin Platform, Texas and New Mexico Shelf, and Northwest Shelf, and currently represent estimated net production of 21,000 boed, of which approximately 57% is oil. View the full article
APA Corporation announced the sale of non-core producing properties by Apache Corporation in two separate transactions for over $700 million. Combined, the properties represent estimated net production in the first-quarter 2024 of 13,000 boed, of which just over one-third is oil. View the full article
The properties up for sale produce over 22,000 boed, with oil making up about 60% of this production. The drilling locations include properties on the Northwest Shelf, the Northern Shelf, and the Central Basin Platform in New Mexico and Texas. View the full article
Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) has officially opened blocks for licensing in the Onshore Lower Congo Basin and the Onshore Kwanza Basin as part of its 2020 oil and gas licensing round. View the full article
Oil fell for a second day after a surprise jump in U.S. gasoline stockpiles tempered signs that the American market has returned to robust health. View the full article
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About this blog
I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.
I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.
Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.
Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.
