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Shell and Total Results Buoyed By Higher Oil Prices. Results From Exxon And Chevron Are Expected On Friday
Shell and Total reported strong increases in first-quarter earnings as higher oil prices and rising production accelerated recovery at Europe’s two largest energy groups. Shell’s...- franco Replied
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ConocoPhillips wins $2 billion ruling against Venezuela
ConocoPhillips won a $2 billion arbitration against Venezuela’s state-controlled oil company over the 2007 expropriation of two oil projects, among the biggest so far...- Adam Varga Replied
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- 1,844 views
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Citi Says U.S. to Become Top Oil Exporter in 2019
"American exports of crude oil and petroleum products rose to a record 8.3 million barrels a day last week, according to U.S. government data on Wednesday....- Marina Schwarz Replied
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libya's oil disruption to send oil prices up?
another attack at es sider. https://www.platts.com/latest-news/oil/dubai/libya-oil-output-drops-by-70000-100000-bd-after-26946523 https://www.reuters.com/article/libya-oil/libyan-oil-pipeline-attacked-by-terrorist-group-idUSL8N1RY0LQ?rpc=401&- Rodent Replied
- 4 replies
- 2,376 views
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PDVSA Bondholders Rally Troops
Investors holding part of a $2.5-billion bond issued by PDVSA are meeting in front of a interest payment that is due this Friday. They...- Rodent Replied
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Norway's Statoil attributes production gains to the United States
Norwegian energy major Statoil said its average equity production for the first quarter was up 6 percent year-on-year, driven mostly by its U.S. work. The...- CMOP Replied
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China's Yuan Oil Contracts: No Liquidity, but It Will be Built
It's definitely time to start seriously considering the impact of Chinese Yuan-denominated oil contracts. There's no real liquidity yet, but the Chinese are certainly...- Seleskya Replied
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Oil Falls As Trump Tweet Blasts OPEC
Crude futures turned lower Friday after President Donald Trump suggested in a tweet that OPEC is keeping oil prices artificially high and said he would...- Nigerian Price Replied
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- 21,433 views
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Oil Producers In, Facebook Out, Says Gundlach
Gundlach recommended today betting on ETFs that track oil and gas explorers and producers, and betting against Facebook. The worst is not over for Facebook,...- Rodent Replied
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- 1,589 views
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Iran won't give South Pars oil development to Total?
Anyone know anything about this? Iranian news agency says they're not giving French Total the South Pars oil development now ... but the explanation...- Blockchainbull Replied
- 1 reply
- 1,665 views
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Asian Oil Demand To Hit Record - The Price Per Barrel Continues To Grow
Asian oil demand will hit a record in April just as global crude values are lifted to levels not seen in three years by...- damirUSBiH Replied
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- 5,649 views
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Oil Prices Hit Highest Level Since 2014
Oil prices hit their highest level since December 2014 after US President Donald Trump warned of strikes on Syria and cautioned Russia against backing...- Pavel Replied
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19 Oil Tankers Held Hostage Off Yemeni Coast
The Yemeni Houthis have captured 19 oil tankers and are keeping them from entering the Hodeidah port - Kingdom’s ambassador. The ambassador suggested three possible reasons...- oil tankers
- hostage
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- CMOP Replied
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- 1,413 views
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Kuwait Eyes Oil Capacity Boost
Just a week after its energy minister said the cut agreement can be extended yet again, now the Kuwaiti petroleum company is saying they...- Marina Schwarz Replied
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- 1,434 views
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Albertan Crude Travels to US by Truck
First rail cars, now trucks. Next I expect Albertan oil getting to the U.S. in plastic bottles, transported by mules across the border.- Marina Schwarz Replied
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Venezuela's death spiral just became literal for some
higher oil prices can't do enough when your oil production isn't half of what it used to be. I wonder if $100 oil would...- Rodent Replied
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Venezuela gives Oil Minister 'Extra Powers' to halt production decline
Maduro has reportedly given his oil minister, Manuel Quevedo, 'extra powers' to deal with the steep oil production decline. Keeping in mind that the...- Carlsbad Replied
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- 4,950 views
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The future of oil and gas exploration in New Zealand
Prime Minister Jacinda Ardern, Regional Development Minister Shane Jones and Climate Change Minister James Shaw are due to make the announcement at 9am. Ms Ardern...- new zealand
- oil
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- CMOP Replied
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Trump takes first step in aggressive effort to drill for oil in Arctic
The Trump administration has taken the first step towards an aggressive effort to drill for oil in the Arctic National Wildlife Refuge - one of the country’s most pristine and...- CMOP Replied
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- 1,810 views
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Net Income At Saudi Aramco Tops $33 bn in the first half of 2017!
Saudi Aramco, the world’s largest oil producer, made $33.8bn in net income in the first six months of 2017, according to a media report...- saudi arabia
- aramco
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- damirUSBiH Replied
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will oil hold?
what do ya think people will oil continue higher ? or are we in for a pull back. I mean this all depends on...- patman57 Replied
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Novak, Al-Falih Send Conflicting Signals
From today's meeting in Jeddah: Alexander Novak says the quotas could be lowered before the deal expires; Al-Falih says "Don't listen to the noise,...- Marina Schwarz Replied
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- 1,954 views
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Biggest Threat to Oil Industry Is....
Millennials and "the acceptance of the politically-correct-driven environmental anti-oil and gas science," says Texas official. https://thinkprogress.org/texas-millennials-oil-gas-wayne-christian-8e1377df903b/- Rodent Replied
- 2 replies
- 1,708 views
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Trans Mountain Gets More Support Than You Might Think
Despite the headlines that might lead one to believe that opposition is increasing for Trans Mountain, a new poll out suggests that the opposite...- Rodent Replied
- 4 replies
- 2,377 views
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Oil theft 'costing Libya over $750m annually'
Fuel smuggling is costing Libya more than $750m each year and harming its economy and society. The fuel smugglers and thieves have permeated not only...- CMOP Replied
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- 1,316 views
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Can Senegal Escape Resource Curse?
According to oil industry executives and diplomats who spoke to the Financial Times—Senegal has a chance to avoid the ‘oil curse’ pitfall because of...- Rodent Replied
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Glut Virtually Eliminated, says OPEC/NOPEC panel
"The meeting of the Joint Technical Committee (JTC) earlier on Thursday found that oil inventories in developed nations in March stood at 12 million...- Rodent Replied
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The balanced market delusion
It seems funny that so much attention is given to the so called "oil glut" that tanked prices. Then the reduction of said glut...- Mufasa Replied
- 2 replies
- 3,380 views