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Goodbye, Norway! Hello US!
Chevron is bailing on Noway, to go where the getting is good. Higher margins in the US shale patch, here we come! https://uk.reuters.com/article/uk-chevron-norway/chevron-becomes-first-oil-major-to-exit-norway-idUKKCN1MK1K9?il=0- Rodent Replied
- 0 replies
- 4,361 views
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Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
So many good observations in this article yesterday from Nick Cunningham. It's wonderful to see that some people understand what is actually going on...- Tom Kirkman Replied
- 56 replies
- 25,139 views
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Malaysia's Petronas gears up for new investment cycle
I'm starting to feel like a kid just before Christmas. Petronas is generally fiscally conservative. Last I checked, they budgeted for oil at $66...- Tom Kirkman Replied
- 2 replies
- 1,554 views
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North Sea Costs Creep Higher
Mixed signals coming from the UK. Costs are down to $15 a barrel but now they're set to rise. Big Oil's leaving but that's...- Marina Schwarz Replied
- 1 reply
- 11,781 views
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RANGE BOUND OIL MARKET
HI Friends My take is oil will be range bound say 70-76 for Wti through out the year , Seem like all risks are factored...- venkatesh raman Replied
- 1 reply
- 5,176 views
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Saudi Aramco Can't Pay Salaries? UAE/Saudi Halt 3 Projects of $243 Billion?
Presented without comment, for your consideration. Season with salt as necessary. 19 Banks Merge, Etihad, Mubadala Can't Pay Back Debt, Aramco Can't Pay Salaries, UAE/Saudi Halt...- Tom Kirkman Replied
- 12 replies
- 5,548 views
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IPCC: Climate Change Report
This could be a good first topic. Enjoy the report on IPCC's Web Site here Or Read an article about it here Pure fun reading and a predicted +...- NAPHTA Replied
- 3 replies
- 3,542 views
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Oil Demand: The Price Is Right Or The Customer Is Right?
Gasoline prices are up about 30 cents a gallon for the average American over the past year. At about $2.80 a gallon, gasoline is...- rainman Replied
- 14 replies
- 6,038 views
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Can SPR Offset Lost Iranian Crude?
Opinions among the big guys in the industry seem to differ. Some say it will bring prices down by a couple of dollars and others...- Marina Schwarz Replied
- 56 replies
- 20,487 views
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What will Oil Price Do next week
After US considering to use SPR as alternative Iran Oil supply,will this impact to anchor the oil price below $100.- Zabao Replied
- 0 replies
- 912 views
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V.P. Pence reveals reversal of our China Foreign Policy.
Vice President Trump announces what is a complete reversal of Obama's foreign policy toward China. They are now seen as our foremost world adversary...- ronwagn Replied
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- 1,157 views
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Where will oil price bottom
Though I am not an expert in predicting oil prices I believe that roller coaster ride of oil price may culminate in oil price...- jayakarthik sabarathnam Replied
- 1 reply
- 3,493 views
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Hey Traders! The More Barrels of Iranian Oil Removed from Legal Markets, the More Barrels Available for Black Markets (at Cut Rate Prices)
Way too much hysteria lately about impending U.S. sanctions against Iranian Oil. The more Iranian oil is removed from the legal markets under sanctions, the...- Tom Kirkman Replied
- 9 replies
- 3,112 views
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Is Regime Change Coming to Venezuela.
American foreign policy is shifting toward regime change. Will we forge ahead or stick with inaction? https://worldview.stratfor.com/article/us-policy-venezuela-formally-shifting-toward-regime-change- venezuela
- regime change
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- ronwagn Replied
- 0 replies
- 992 views
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$32B Worth of Oil, Gas M&A Deals in 3Q Breaks Record
$32B Worth of Oil, Gas M&A Deals in 3Q Breaks Record Drillinginfo reports that the US saw a 250% increase in mergers and acquisitions activity...- ceo_energemsier Replied
- 0 replies
- 1,084 views
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Petrochemicals Set to be the Largest Driver of World Oil Demand
A growing need for more plastics and petrochemicals in the developing world will be the leading driver of oil demand, outpacing planes, trains and...- Brian W Replied
- 2 replies
- 1,513 views
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Why the Saudis Can’t Keep a Lid on Oil Prices. And Why I Think the Iran Oil Sanctions are Overblown.
Interesting article, good insights by the author. Why The Saudis Can’t Keep A Lid On Oil Prices Saudi Arabia is incapable of offsetting all of Iran’s...- Tom Kirkman Replied
- 23 replies
- 6,437 views
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US Accuses OPEC Of Hiding Spare Capacity
The U.S. State accused OPEC of hiding 1.42 million bpd in spare oil production capacity, S&P Global Platts reports, citing a statement sent to...- Sofia Replied
- 3 replies
- 1,526 views
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India Dominates Oil Headlines
Lots of oil-related news coming out of India today (and this week), folks. India is feeling the weight of the higher oil prices and...- Rodent Replied
- 1 reply
- 10,428 views
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Oil Price Rise Brings India Close to an Economic Crisis
Union minister Nitin Gadkari Thursday said the country is facing lot of "economic crisis" due to crude oil imports and need to reduce imports...- Marina Schwarz Replied
- 11 replies
- 3,505 views
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African Oil
Its time now to boost african economics to start operation of Oil production instead everyday to support them with some Aid why dont we...- sultan SSS Replied
- 1 reply
- 2,289 views
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How Much Oil Does Saudi Arabia Actually Have?
Generally most data shows that Saudi Arabia has a "proven" 260 billion barrels worth of oil reserves. Aramco mentions they could have up a balance of 400 Billion...- saudi arabia
- oil
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- CMOP Replied
- 1 reply
- 1,473 views
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Is the End of the Oil Era Nigh?
Yeah, I know. This is like posting a topic about the illuminati or whatever's hot in conspiracy theories today. Still, I noticed a couple...- oil
- renewables
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- Marina Schwarz Replied
- 5 replies
- 4,800 views
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Eagle Ford - Completion activity is well behind the Permian. In this post, we look at one possible cause.
Eagle Ford - update through June 2018 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions...- shaleprofile Replied
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- 1,075 views
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New Deal Without OPEC - Saudi Arabia, Russia Agreed in Sept To Lift Oil Output
Russia and Saudi Arabia struck a private deal in September to raise oil output to cool rising prices and informed the United States before...- opec
- saudi arabia
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- ThunderBlade Replied
- 14 replies
- 3,245 views
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Controversial Enbridge Line 5 To Be Replaced
After a heated battle, controversial Enbridge Line 5, which runs underneath the Straits of Mackinac, will be replaced at an expense of $500 million (to...- Rodent Replied
- 0 replies
- 1,026 views
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Iranian spark
This Iranian spark is short time only. Economical recoveries are slowing down. 68 on wti or recession. Brent will bring 76.- Alejandro Replied
- 0 replies
- 1,832 views
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Too much oil? Texas Boom Outpaces Supply, Transport Networks
The west Texas drillers that drove the shale revolution have overwhelmed the region’s infrastructure with oil production -driving up costs, depressing regional oil prices...- rainman Replied
- 12 replies
- 2,898 views
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The Future of Fuel Oil: Power Generation?
With the new IMO emissions rules a lot of fuel oil with high sulfur content will become unnecessary, at least for the maritime industry....- Marina Schwarz Replied
- 2 replies
- 1,413 views
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Sinopec Halves Iran Oil Loadings Under U.S. Pressure
China’s Sinopec is cutting loadings of crude oil from Iran by half this month, as the state refiner comes under U.S. pressure to comply...- Sofia Replied
- 3 replies
- 2,080 views