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Pacific National Capital 's Daily Oil & Gas News

Global Gas Flaring Value Surpasses $16B
The value of natural gas flaring across the world has seen a substantial increase to hit a global peak of $16.4 billion this year, according to Scottish data analytics firm Brainnwave.

Offshore Egypt Field Starts Production
Eni reported that the Baltim South West gas field offshore Egypt has begun production in record time.

Where Does Culture Matter Most in Oil and Gas?
Participants in Rigzone's 2019 Ideal Employer Survey rank the top oil and gas industry players based on corporate culture.

Who Can Boost Supply to Offset Saudi Attack?
Here is a list of countries that could boost production to offset losses from Saudi Arabia in the event that the disruption to supplies from the attacks lasts longer than initially expected.

Gasoline Pump Prices Set to Jump
The attack on an oil facility in Saudi Arabia that sent futures prices soaring Monday will likely begin filtering through to gas stations later this week, according to price tracker GasBuddy.

Explosion at Eni Refinery
An explosion occurred this morning at one part of a gasification line at the Sannazzaro de' Burgondi refinery in Italy.

Saudi Outage May Test US Swing Producer Abilities
If the Saudi supply outage is sustained, we may well see a test of how well the U.S. industry can dynamically adapt to market needs.

Oil Market Gripped by Uncertainty
Oil markets are grappling with uncertainty over how long it will take Saudi Arabia to restore output after the devastating attacks that knocked out five percent of global crude supply.

Saudi Disruption Makes Canada's Largest Refinery Vulnerable
Now, Irving may have to pay up for its crude.

Oil Prices Surge After Attack on Saudi Facility
Oil market-watchers ponder how quickly Saudi Arabia can restore lost production.





















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