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China November Crude Oil Imports Hit Record High As Refiners Race To Use Up Quotas

2019-12-08 15:34:56| OGI

China's crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas.

Tags: up high november china

 

Mexico's Pemex Announces Discovery Of 'Giant' Crude Oil Deposit

2019-12-07 16:52:11| OGI

Mexican state oil company Pemex said on Dec. 6 it has discovered a deposit in southeastern Mexico that could yield 500 million barrels of crude, calling it the largest such finding in more than 30 years.

Tags: oil discovery giant deposit

 
 

As US Crude Oil Goes Global, Hedging Goes Local

2019-11-07 16:51:22| OGI

The oil market can now support financial instruments to protect against shifts in local prices.

Tags: local global goes oil

 

EPIC Crude Oil Pipeline To Hold Third Open Season

2019-10-28 14:55:19| OGI

Once the planned 30-inch Crude Oil Pipeline is completed in Q1 of 2020, EPIC will have initial capacity to transport 600 Mbbl/d. The Crude Oil Pipeline is expandable to transport up to 900 Mbbl/d.

Tags: open hold season oil

 

LM Energy Completes Initial Phase Of Touchdown Crude Oil Gathering System In Northern Delaware Basin

2019-09-13 17:10:17| OGI

The pipeline system will begin transporting crude oil in October for certain contracted customers in Eddy County, N.M.

Tags: system initial energy oil

 

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