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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.

My website where I analyse data that really matters

Entries in this blog

 

Goldman projects transportation fuel demand will peak in 2026

The bank brought forward its forecast for peak oil demand in the transportation sector by one year to 2026, if not sooner, largely due to the accelerating adoption of electric vehicles. Overall crude consumption will keep expanding this decade due to jet fuel and petrochemicals, but growth will be at an “anemic” pace past 2025. View the full article

hemanthaa@mail.com

hemanthaa@mail.com

 

Exxon proposes federally-funded $100B carbon capture facility on Texas Gulf Coast

In what would be the world’s biggest carbon carbon and sequestration project, Exxon, along with a multitude of private and public partners, would build a facility to collect emissions from refineries, petrochemical plants and other industrial facilities along the Houston Ship Channel, Joe Blommaert, president of Exxon’s new low-carbon business said in a blog post. View the full article

hemanthaa@mail.com

hemanthaa@mail.com

 

Texas regulator closes gas-winterization loophole

Texas’s top oil and gas regulator voted Tuesday to more clearly define who’ll be at the top of the list to keep receiving electricity during severe winter weather, closing an earlier draft loophole that critics said would’ve let any operator pay just $150 to opt-out of expensive upgrades. View the full article

hemanthaa@mail.com

hemanthaa@mail.com

 

2021 World Oil Awards winners honored at live gala

Honorees received awards in 18 categories, encompassing the full breadth of the upstream industry. Today’s innovations, many of which would have seemed far-fetched a generation ago, are enabling operators to find and produce hydrocarbons more safely, economically, and efficiently. View the full article

hemanthaa@mail.com

hemanthaa@mail.com