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Poor hedging burns profit in the shale patch
Hedges that many operators have taken out in search of stability are now eroding profits in the shale patch. ''WPX Energy, for example, reported an...- TomTom Replied
- 3 replies
- 2,152 views
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"Be Prepared to Die" Trinidad Union Leader Tells Oil Workers
< *facepalm* > Remind me not to accept any oil gigs in Trinidad and Tobago. Be prepared to die, Duke tells oil workers Public Services Association (PSA)...- Tom Kirkman Replied
- 2 replies
- 1,622 views
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9 yr old chastises Jerry Brown over oil wells
http://www.consumerwatchdog.org/energy/9-year-old-girl-scolds-jerry-brown-over-oil-drilling video says brown approved over 20,000 oil Wells during his time of governor. 20,000?? that's a whole lotta wells. anyone want to fact check that?- Rodent Replied
- 1 reply
- 1,444 views
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Snooping for Oil?
https://oilprice.com/Latest-Energy-News/World-News/Royal-Navy-Caught-Argentina-Ship-Snooping-For-Oil-Off-Falklands.html I've heard of exploring for oil. Never snooping. That would be a pretty big thing to pull off drilling for oil without being noticed,...- Rodent Replied
- 0 replies
- 12,876 views
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oil price
Can someone give us the oil price : Jet A-1 : reference Market Indicator from Platts Latin American Wire (Caribbean Product postings - PTAEP09 As applicable...- enoch Replied
- 4 replies
- 16,251 views
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Exxon to build LNG terminal in China
Exxon Mobil says it signed a preliminary deal to build a multibillion-dollar petrochemical complex and invest in a liquefied natural gas terminal in China, despite trade...- Sefko Trafikant Replied
- 6 replies
- 2,664 views
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Irrational Exuberance Declining? ... Permian Shale Oil Slowing Down
The U.S. Shale Oil industry is reluctantly waking up to a few doses of reality. What goes up eventually comes down. The beer is...- Tom Kirkman Replied
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Art Berman : Shale Plays Will Not Cause the Next Financial Crisis
Here are the latest musings from Art Berman. You may or may not agree with some of the views presentented here, but I definitely recommend taking...- Tom Kirkman Replied
- 3 replies
- 1,722 views
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crude inventory data
Hello, Does anyone have an idea where to find global and/or OPEC inventory data? much appreciated thanks- henri Replied
- 1 reply
- 2,816 views
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N.Y.'s Attorney General
After digging for 2yrs, N.Y's attorney general finds 2 sets of notes on the affects of CO2 pollution. Ref - Wallstreet Journal -- The finding showed...- Rick Rosenberg Replied
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- 4,619 views
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OPEC's Barkindo: Oil Demand To Hit 100 mln bpd 'Much Sooner' Than Projected
OPEC Secretary-General Mohammad Barkindo said on Wednesday that world oil consumption would hit 100 million barrels per day later this year, “much sooner” than...- 50 shades of black Replied
- 8 replies
- 2,907 views
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Malaysia Charging Ahead in Net Oil Importing Country Status
Rocket thrusters are firing for Malaysia to firmly being a net oil importing country. Note that the RAPID project is nowhere near Malaysia's East Coast...- Tom Kirkman Replied
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- 1,096 views
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Higher Oil Prices=More Drilling by Small Companies
This is interesting. I'd think the bigger the company, the more money to spend on boosting drilling operations but, apparently, not. Rising oil price will...- Marina Schwarz Replied
- 2 replies
- 1,708 views
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US sells 11 million barrels of oil from reserve
Six companies, including ExxonMobil Corp, bought a total of 11 million barrels of oil from the U.S. Strategic Petroleum Reserve, in a sale timed...- strategic petroleum reserve
- us exxon
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- Joanna Replied
- 21 replies
- 7,694 views
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Denmark Starts Importing Oil After 20 Years of Self-Sufficiency
Local production is falling, apparently, but demand isn't, which is interesting... A very green country that imports garbage to make electricity and it still...- Marina Schwarz Replied
- 0 replies
- 1,045 views
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How smart is Trump?
There is some great insight on this forum and I am curious about something. Trump keeps himself in the news just about every day. He's...- BillKidd Replied
- 51 replies
- 21,946 views
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Will China and India Ignore Iranian Crude?
With the media frenzy over the impending next rounds of the U.S. upping sanctions against Iranian oil, it might be good to take note that a...- Tom Kirkman Replied
- 0 replies
- 1,976 views
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US E&P Defaults Continue Despite Price Rise
"Defaults are still occurring in the U.S. energy industry despite higher oil prices, Fitch Ratings said this week, pointing specifically at exploration and production...- Marina Schwarz Replied
- 3 replies
- 1,712 views
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Sanctions Good for Russia's Oil Industry
They're probably praying for more. I won't be taking part in any discussion on this topic (Russia threads tend to always deteriorate quickly into verbal ugliness) but...- Marina Schwarz Replied
- 0 replies
- 1,493 views
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In Brazil, Equinor Aims To Repeat Norway's Oil Boom
Norway’s Equinor will invest up to $15 billion in Brazil over the next 12 years to develop oil, gas and renewable energy sources. Coinciding...- equinor/norway/brazil
- a
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- Sofia Replied
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Aramco IPO ... more delays NOW CANCELED
If you are one of the three people in the world holding out that Aramco will complete its IPO this year or next, you...- Rodent Replied
- 27 replies
- 14,124 views
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Reduction in Texas Oil Production
Data has started to show production is decreasing in Texas oil production. It seems there is a general concensus it is due to pipeline...- gtkt3 Replied
- 3 replies
- 1,649 views
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Russia Challenges Arbitrator's Jurisdiction In Ukraine Oil Dispute
Russia is contesting the jurisdiction of the international Permanent Court of Arbitration, the Hague-based court, about a dispute with Ukraine over oil rights in...- Stormysaga Replied
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- 1,040 views
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Alberta Loses Again
Canada’s Appellate Court today ruled against Canada’s approval of Kinder Morgan’s Trans Mountain pipeline, in a move seen as a huge setback for the...- trans mountain
- alberta
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- Rodent Replied
- 3 replies
- 3,413 views
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Knowledge is Power
The Oil & Gas industry has been a very important part of the economy for my home state (Colorado) along with the economy of...- Kurt D. Brown Replied
- 0 replies
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Venezuelan official says Venezuela crisis staged
https://www.theguardian.com/world/2018/aug/28/venezuela-diosdado-cabello-refugee-footage-fake apparently there is NOT a refugee crisis? $50 to anyone who can find someone who believes this denial.- Rodent Replied
- 4 replies
- 3,260 views
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Business as Usual for Sinopec, Geopolitical Hooha or No
Sinopec is going to keep trading with Iran and the United States, regardless of the US/China trade war, or the US sanctions on Iran,...- Rodent Replied
- 2 replies
- 1,665 views
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PDVSA signs $430 mil deal with seven companies in effort to boost crude production
But will the 7 companies actually get paid? How on earth can any company trust to do business these days with PDVSA? I'm not...- Tom Kirkman Replied
- 1 reply
- 1,412 views
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Petronas Budgeting for $66 oil next year
Say, that $66 per barrel figure sounds kinda familiar.... to my endless whinging about my hoped for "suitable balance" oil price of $65 Anyway, seems...- Tom Kirkman Replied
- 1 reply
- 1,634 views
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congratulations Europe!!!!
since when are we giving out prizes for talking? https://www.bloomberg.com/news/articles/2018-08-29/european-oil-majors-are-out-talking-american-peers-on-climate (slow clap)- Rodent Replied
- 1 reply
- 2,515 views