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Colombia's Ecopetrol Names New CEO, Echeverry Resigns

Ecopetrol says its current vice-president, Felipe Bayon, will take over as chief executive.
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New American Oil Tankers Are Great for Traders, Lousy for Owners

Once rare American-built oil tankers are now plentiful, changing US gasoline flows and giving shipowners headaches.
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Fire Breaks Out At Major PetroChina Refinery In Dalian

A fire broke out at state oil major PetroChina's plant in northeastern China, one of the country's largest refineries.
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China's Blue Skies Target May Make for Winter Gas Crunch

The growing global LNG market will help the country meet any surge in demand this winter, says Liu Ming Hui, executive chairman of China Gas Holdings Ltd.
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Smart Gas Tankers Earning More Take Scenic Routes Amid Glut

Advances in technology mean less of the fuel would end up lost at sea during the journey.
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Russell: From Leader To Loser: Australia Risks Missing Next LNG Wave

Should the arrival of the last major piece of kit in Australia's $180 billion LNG spree be a cause for celebration or for a wake?
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Conoco To Start Dismantling Historical Norwegian Oil Platform

ConocoPhillips has won permission to prepare for the removal of the first permanent oil platform built off Norway more than 40 years ago, the country's industry regulator says.
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JODI: Saudi Arabia Crude Oil Exports Fall Slightly In June

Saudi Arabia's crude oil exports in June fell slightly to 6.889 million barrels per day.
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Mexico's Cotemar Sees $200MM Investment In Oil Projects By 2018

Cotemar plans to invest at least $200 million in two oil projects by the end of 2018.
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Glencore To Start Importing Fuel For Mexico In February

Glencore expects to start importing fuel for Mexico's domestic market in February 2018.
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Swiss-Made Education

This article was originally published in the July issue of COMPRESSORtech2. We only publish a fraction of our magazine content online, so for more great content, get every issue in your inbox/mailbox and access to our digital archives with a free subscription. The Education Campus at Burckhardt Compression’s headquarters in Winterthur, Switzerland, is a dedicated […]

The post Swiss-Made Education appeared first on COMPRESSORtech2.

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Libya's Oil Output Boosted as Port Reopens, Field Pumps More

Libya's biggest oil field, Sharara, is increasing production.
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Oil Producers Signal Offshore Return In Latest Gulf Of Mexico Auction

Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million, a nearly seven-fold increase from a year ago.
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Oil Slides Despite Steep Draw In US Crude Stocks

Oil prices fell more than 1% even though US crude stockpiles declined by the most in a year.
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Russian Watchdog Says Schlumberger-Eurasia Drilling Deal 'Has Big Problems'

The acquisition of a 51% stake in Russia's EDC by Schlumberger 'has big problems' in the current political situation.
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Gadfly: Energy Transfer Offering Exposes Pipeline Parent Trap

Investors gave a thumbs up to Energy Transfer Partners LP's decision to raise as much as $1.16 billion by issuing new units.
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EIA: US Crude Stockpiles Fall The Most In Nearly A Year

US crude oil inventories fell for the seventh consecutive week in their largest drawdown in nearly a year.
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Ecuador's Esmeraldas Refinery In 'Critical' Situation Despite Overhaul

The situation at Ecuador's state-run Esmeraldas refinery remains 'critical,' including problems with the catalytic cracking unit.
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Pullback In US Fracking Sand Use Pressures Producers

US shale oil companies are pulling back on the amount of sand they use to hydraulically fracture new wells.
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Trump Push for Natural Gas Exports Opposed by Manufacturers

President Trump's effort to boost US energy is facing push back from manufacturers who say exporting more natural gas may undercut his 'America First' jobs focus.
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