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China still to keep Iran oil flowing amid U.S. sanctions
Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Co (NITC) for nearly all of...- franco Replied
- 10 replies
- 2,773 views
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PDVSA's Socialism not looking so good - Citgo's assets to be seized by creditors?
In the battle between Socialism and Capitalism, Socialism's inevitable defaults on debts will likely not be allowed to stand uncontested. Venezuela’s Key Refineries At Risk...- Tom Kirkman Replied
- 0 replies
- 1,693 views
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Impact of 25 % tax on US oil by China on oil prices
China is one of the largest importer of oil. Imposition of 25 % tax by it on oil imports from US will create a...- S K Sharma Replied
- 1 reply
- 1,434 views
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Libya Reaches 1 million bpd... Again... Then...
Shocker. Libya reaches 1 million bpd, and holds there for just days before new protests derailed it yet again. If you're looking for stable...- Rodent Replied
- 0 replies
- 1,274 views
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U.S. Hints China Could Face Sanctions Over Iranian Oil Imports
The new U.S. special representative for Iran said the Trump administration is prepared to impose sanctions on all countries that buy oil from Iran...- Stormysaga Replied
- 0 replies
- 1,103 views
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Keystone XL pipeline hit with new delay
The embattled Keystone XL oil pipeline faces yet another delay after a federal judge ordered the Trump administration to conduct a new environmental review...- Nigerian Price Replied
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- 1,418 views
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- Marina Schwarz Replied
- 0 replies
- 1,381 views
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- capital outflow
- saudi arabia
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- Marina Schwarz Replied
- 3 replies
- 1,962 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
- 27,409 views
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Venezuela set to raise gasoline prices to international levels.
Venezuela is about to experience its most critical situation since it started to be an oil producing and exporting country: to pay international prices...- jose chalhoub Replied
- 13 replies
- 5,429 views
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- MAS Replied
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- 1,133 views
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The 31th Offshore Licensing Round in United Kingdom
On 10th July 2018, OGA UK invited applications for licences in the 31th Offshore Licensing Round. Applications will be accepted up to 14.00 on...- Vizion Energy Replied
- 0 replies
- 1,233 views
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Will the U.S. Become a Net Oil Exporter?
I came across this piece today and I wondered, will the U.S. ever become a net exporter? Anything is possible but what combination of...- Marina Schwarz Replied
- 0 replies
- 1,422 views
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Mike Shellman's musings on "Cartoon of the Week"
The latest musings from the unique voice of Mike Shellman. If you are in the oil & gas biz, and you haven't heard of Mike,...- us shale oil
- fracking
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- Tom Kirkman Replied
- 26 replies
- 13,763 views
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Crude Price going to $62.50
After reading several analyses on crude oil price in near future I am leaning toward crude price touching down to $62.50. Unless any interruption in supply.- Nick Majeed Replied
- 8 replies
- 10,071 views
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Achieving a High IRR in Oil Without Market Risk
Goal for an energy investor? To achieve a high IRR, (Internal Rate of Return), in excess of 25% with a properly structured transaction based...- oil and gas
- oil financing
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- BlackLine Resources Replied
- 0 replies
- 1,791 views
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Russian ESPO demand falters
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/081418-far-east-russian-espo-blend-crude-premium-falls-to-one-year-low-on-weak-demand we were just talking about Saudi Arabia's oil production decline yesterday in a different thread. now it would appear that Russia is lowering prices...- Rodent Replied
- 0 replies
- 9,991 views
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Petronas to explore for new O&G reserves - including deepwater
Some good news over here locally in Malaysia. Petronas is going to rev up exploration activities, locally and internationally, and deepwater exploration is back...- Tom Kirkman Replied
- 0 replies
- 1,830 views
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Saudi Production Cut or Demand Drop?
I have a thought question for the readership. Responses are requested. The headline from CNBC reads "Saudi Arabia cuts oil production in July". Does that...- William Edwards Replied
- 8 replies
- 3,539 views
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- Top Oil Trader Replied
- 340 replies
- 87,927 views
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WSJ *still* refuses to acknowledge U.S. Shale Oil industry's horrible economics and debts
Sometimes I just want to dump a bucket of cold water on the rhetorical head of Wall Street Journal writers who obstinately refuse to report...- wall street journal
- us shale oil
- (and 2 more)
- Tom Kirkman Replied
- 17 replies
- 12,202 views
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Algeria Set on Strengthening Oil Industry
Algeria is not an oil producer we hear a lot about but it seems set on boosting its oil (and gas) production. Could it...- Marina Schwarz Replied
- 3 replies
- 1,637 views
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Oil prices---Tug of War: Sanctions vs. Trade War
Oil markets stand at a very interesting junction. Prices can go anywhere from here. I believe that we might be overestimating the effect of...- Osama Replied
- 12 replies
- 4,236 views
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Large Gas Reserves found in Egypt
Does the large Oil and gas reserves found in egypt eradicate poverty of the nation?- Mehmet Replied
- 6 replies
- 3,135 views
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DNC Reverses Course; Will Now Accept Donations from Fossil Fuel Companies
The Democrats are having fund raising issues. So donations from Oil companies went from being banned to being welcomed. Mental gymnastics in action. DNC Reverses Course; Will...- Qanoil Replied
- 0 replies
- 1,581 views
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China Drops U.S. Crude Oil From Its Target List of Tariffs
As China made good on its threat to impose 25% tariffs on $16 billion worth of U.S. imports, one big-ticket item originally on its...- Stormysaga Replied
- 2 replies
- 1,508 views
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U.S. Forecasts 50% Cut in Iran Oil Sales, Missing Goal
The Trump administration forecasts that it will persuade countries to cut Iranian oil imports by as much as 1 million barrels a day when...- Pavel Replied
- 9 replies
- 3,242 views
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U.S. federal judge decides to give CITGO assets to Crystallex
According to news media outlets such as The Wall Street Journal and Reuters, a U.S. federal judge decided to move against CITGO and give...- jose chalhoub Replied
- 0 replies
- 2,729 views
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Fracking in California?
Ending a five-year moratorium, the Trump administration took a first step toward opening 1.6 million acres of California public land to fracking and conventional...- Joanna Replied
- 10 replies
- 5,801 views
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India Eyes Biofuels to REplace Some Oil Imports
India is planning to boost its use of biofuels to reduce its dependence on imported oil, the PM has said. Not sure how productive...- Marina Schwarz Replied
- 2 replies
- 1,539 views