The EIA published its Weekly Petroleum Status Report. Here are some highlights. All items are in millions of barrels per day except inventories, which is billions total. Dates are defined as week ending averages, except utilization rate which is a four week ending average. The full report can be found here. Item 9/13/19 9/6/19 Refinery…
September 18, 2019 The Saudi Ministry of Defense displayed today in a press conference the Iranian drones and cruise missiles that were used in terrorist attacks against Aramco oil facilities in Abqaiq and Khurais. The attacks were unquestionably sponsored by Iran, but investigations are still underway to pinpoint the exact launch location, according to…
September 18, 2019 Information received since the Federal Open Market Committee met in July indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although household spending has been…
King Salman: Cowardly Attack Threatens Stability of Global Economy September 17, 2019 The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chaired the Cabinet's session at Al-Salam Palace in Jeddah on Tuesday afternoon. At the outset of the session, the King expressed his appreciation to heads of states, state officials,…
The Marine and Energy Insurance Conference came to a close on Tuesday, 9/17/2019. The event was held at the Westin Galleria, off of West Alabama. I can not believe just how much insurance you need to get a plant up and running in this business. One of the things we talked about at the meeting…
Organizations Hire and Develop Safer Employees with PSI Services PSI’s SafetyDNA program elevates safety beyond conventional trainings to focus on internal safety. GLENDALE, CALIF. — PSI Services, a leading provider of innovative human resources and talent management tools, extends its expertise into safety training with the SafetyDNA Assessment and Development Program. Research shows there are…
The SANS Oil and Gas Cybersecurity Summit 2019 will be in Houston all this week, September 16 - 22. The conference is being held at the Royal Sonesta. On Monday, the conference included paper presentations, exhibition, and kick off party. The rest of the week will consist of cybersecurity training courses. I learned quite a…
New Tool Relies on Kuster® Technology to Measure Scale Build-up and Temperature Fluctuations FORT WORTH, Texas – September 16, 2019 – Probe, a leading supplier of cased-hole logging and advanced monitoring technology to the global oil and gas and geothermal industries, today announced the launch of its UHT Dimension™ XY Caliper, the first XY Caliper Tool specifically…
