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Looks like Oxy may pull it off.
Looks like Oxy may pull off the deal with Anadarko. Chevron has four days to revise it's proposal. https://www.worldoil.com/news/2019/5/6/anadarko-board-determines-revised-proposal-from-occidental-constitutes-a-superior-proposal?fbclid=IwAR0_3wBZKMTG6OUvLmstnrAz9JCkerkM6rQbZNQ0-tEFoja4N7sFLqHytCI- Justin Hicks Replied
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Sanctions: U.S. Government Cannot Ensure Cheaper U.S. Oil Sales To India
The U.S. government will not ensure sale of its oil to India at cheaper rates as the commodity is controlled by private companies, U.S....- Pavel Replied
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Iran's Game of Thrones Intensifies - Will it Disrupt Iran's Oil?
Long knives getting sharpened in Iran, apparently. Trump's new sanctions against Iranian government look set to bite very hard, and the subsequent political infighting within...- Tom Kirkman Replied
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Putin Wins Again at Oil Chess: OPEC Is Facing An Existential Crisis
Putin outsmarts Iran, and uses OPEC infighting and a few OPEC government meltdown catastrophes to improve Russia's leverage in global oil & gas. I found...- Tom Kirkman Replied
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US Oil Exploration Down 95% over 70 Years
US Oil Exploration Drops by 95 Percent I'd say this makes sense since oil and gas are non-finite resources but I suppose a counter-argument would...- Marina Schwarz Replied
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We have not seen end of Shale or Deepwater technology efficiencies. Its accelerating . EX: Cramer talks to Core Labatories
Its not just better rigs. Better propants, reservoir mapping, well placement, etc, etc, etc As one analyst said this morning, E & P (exploration and...- Falcon Replied
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Saudi Oil Output May Rise In June, But...
Saudi Arabia’s oil output may edge up in June, sources familiar with the kingdom’s policy said, but the extra crude may be used for...- ThunderBlade Replied
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EIA oil production trends
I have a technical question Can anyone explain the reason(s) behind the divergence between MONTHLY estimates of U.S. Field Production of Crude Oil, which is...- Robert Gourdie Replied
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Technology Cannot Overcome Demand for Oil
After reading many articles on climate change, I found the following article on line, published by The Journal of Environment & Development. "Technology is Not...- oil demand
- climate change
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OPEC Sneezes, US Industry Gets the Flu and Canada Gets Pneumonia
Iranian Oil Minister Zanganeh presented a very important and revealing attitude today. He accused Saudi Arabia and the UAE of beginning a war within...- William Edwards Replied
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Canadian Stripper operator shuts down and abandons 4700 wells
So this is what happens to conventional production. It eeks along losing money on a regular basis, worse than shale but pretending it does...- wrs Replied
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Trump gives oil price lip service for the benefit of his base. Trump sucks up to Saudi/OPEC for the Big Deal, TRUMP/KUSHNER Mideast Palestinian/Israeli peace deal coming in June
Trump actually wants higher oil prices. He gladly takes credit for shale boom, as did Obama. Neither deserve credit. The technology deserves the credit....- Falcon Replied
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American crude stockpiles jumped by almost 10 million barrels to 471 million last week, the highest since 2017, the Energy Information Administration said on Wednesday. Production rose to 12.3 million barrels a day. NEW RECORD
“When the U.S. crude-oil warehouses bulge to their highest levels since September 2017, while production continues to set new high-water marks, warning signals should...- Falcon Replied
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Visualizing Eagle Ford oil & gas production (through January 2019)
Eagle Ford - update through January 2019 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in...- shaleprofile Replied
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OPEC's Barkindo Says Impossible To Eliminate Iranian Oil From Market
It is impossible to eliminate Iranian oil from the global market, OPEC Secretary-General Mohammad Barkindo was quoted as saying by Iranian oil ministry’s news...- rainman Replied
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Sloshing in Tanks: The Next B.C. Target
Scientists: Trans Mountain Oil Tanks Pose Deadly Earthquake Risk Sloshing kills.- Marina Schwarz Replied
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U.S. Pipeline Boom Could End In Crisis
After 40+ years in the industry I always laugh when I see a headline like this. It is absolutely 100% correct, players and situations...- tetonper Replied
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Stop Spending: Analysts to Drillers
`For the love of God' stop raising budget, oil drillers told “We’re struggling to comprehend why, when buy side, sell side, talking heads, and taxi...- Marina Schwarz Replied
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Drilling Ban NY
New York Bans Offshore Drilling in Its Waters Gov. Cuomo said the new law sends a message to the Trump administration that the state’s coastline...- ceo_energemsier Replied
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Crude Oil Inventory Up Due to Over-Importing?
Crude oil inventories up by 9.9 million barrels this week (May 1, data for week ended April 26). Let's go back to last week...- Toranaga Replied
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Fear and Drilling in California
Environmentalists Fear New Push For Oil Drilling Off California Coast The tone of the article is so... heartbreakingly dramatic I thought it was worth sharing...- Marina Schwarz Replied
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How long would it take to get Venezuela's oil flowing?
In an ideal new regime, how long would it take to get Venezuela's oil industry humming? What would it do to the world oil...- ronwagn Replied
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Buffett's Berkshire to Invest $10 Billion in Occidental For Anadarko Takeover
Warren Buffett is getting involved in a rare bidding war unfolding in the energy industry. Berkshire Hathaway has committed a $10 billion preferred stock...- AdrianC Replied
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Iran Says It Will Keep Exporting Oil Despite U.S. Pressure
Iran will continue to export oil despite U.S. pressure aimed at reducing the country’s crude shipments to zero, Iranian President Hassan Rouhani said on...- rainman Replied
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Dripping wet commie pinko slop = Anthropogenic Global Warming
https://oilprice.com/The-Environment/Global-Warming/Shocking-Evidence-Suggests-Much-Faster-Global-Warming.html I've never read such a piece of commie pinko dripping wet slop in my life, see article. They got a lot of nerve calling it...- Joseph Scarafone Replied
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Anadarko Cheats on Chevron with Occidental?
Exclusive: Anadarko to pursue deal talks with Occidental Petroleum - sources This beats TV drama, honestly.- Marina Schwarz Replied
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Counting Rigs is a "Fools Errand"
Oil Rigs dropped 2 1/2 % (20 Rigs) from this time last year. Oil Production increased 20% (to 12.2 mbd) from this time last year. I...- Falcon Replied
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Horgan Cares about BC Gas Prices Now
"If expanding oil-refining capacity in Western Canada could provide a relief valve for the pressure pushing up B.C. gas prices, Premier John Horgan suggested...- Marina Schwarz Replied
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