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Venezuela can't meet promised June oil volumes.
platts: Venezuela's PDVSA has notified eight international customers it will not be able to meet its full crude supply commitments in June. PDVSA is contractually...- Rodent Replied
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- 3,221 views
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Another Oil Company Ditches The World's Dirtiest Word
Indian Essar Oil Limited will now be known as "Nayara Energy Limited". I'm sure other "oil" companies will be dropping that word from their brands...- Rodent Replied
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- 1,028 views
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Kenya taxpayers Picking up Tab for Delayed Pipeline
https://www.capitalfm.co.ke/business/2018/06/taxpayers-pay-extra-sh4-4b-revised-oil-pipeline-settlement/ Kenya settled with the oil pipeline contractor, who sued it for yeas of delays. Taxpayers to pick up the tab.- Rodent Replied
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- 947 views
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Permian: About 10 horizontal wells are completed every single day in the Permian, and production is rising fast
Permian – update through February 2018 This article contains still images from interactive dashboards available on the blog post. To follow the instructions detailed here,...- shaleprofile Replied
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- 1,203 views
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A Return of Low Prices Is Suggested
It was reported yesterday by CNN that Khalid al Falih, Oil minister of Saudi Arabia, said "Two years ago we pulled supply. I think in...- William Edwards Replied
- 76 replies
- 33,155 views
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U.S. Asks OPEC for 1 Million Barrel a Day Oil Output Hike
https://www.bloomberg.com/news/articles/2018-06-05/u-s-said-to-ask-opec-for-1-million-barrel-a-day-oil-output-hike- Rodent Replied
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- 1,412 views
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Daily Open Analysis
Daily Open-Analysis, Free to share the information from other portals and sites and also your own prediction of the Price.- Kourosh Replied
- 2 replies
- 1,209 views
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"The Global Growth Story is Starting to Look a Little Shaky"
Take note of this one key sentence in Nick's article: > > > "In short, the global growth story is starting to look a little shaky."...- Tom Kirkman Replied
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- 1,392 views
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motiva refinery expansion plans scrapped
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN1J00DU motiva refinery won't be expanded, due to hurricane risks? anyone see an alternate motive here?- Rodent Replied
- 4 replies
- 2,773 views
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Pipeline Supporters Overtake Anti-Pipeline Protest
"What started as a pipeline protest in Calgary quickly became a show of support for the Trans Mountain pipeline expansion and the oil industry...- Marina Schwarz Replied
- 2 replies
- 2,532 views
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California musician conman says he can make oil flow faster
"A musician who claimed he could use sound waves to improve oil and gas exploration and transportation was actually running "sham enterprises" that defrauded...- Rodent Replied
- 2 replies
- 1,431 views
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So about my ad nauseum comments hoping for $65 oil this year... Halliburton says $60 to $70 is Comfortable
For lurkers, if you do a quick check of my comments, you will see I have been commenting repeatedly that I've been hoping for...- Tom Kirkman Replied
- 6 replies
- 3,354 views
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OPEC Cartel Gaining Influence Over Non-OPEC Producers
Cartels gonna cartel. The basic premise of a cartel is to restrict supply, in order to drive up prices for the cartel's goods. OPEC's global influence...- Tom Kirkman Replied
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- 1,460 views
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Aramco Shedding Assets... an IPO move?
http://www.arabnews.com/node/1315386/business-economy Aramco sheds some non-oil assets, emerging as a leaner company supposedly ahead of the much-anticipated IPO.- Rodent Replied
- 1 reply
- 1,214 views
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Why Didn't Airlines Hedge against Higher Oil?
IATA executives are meeting in Australia for their annual meeting and: "IATA, which represents about 280 airlines comprising 83 percent of global air traffic, in...- Marina Schwarz Replied
- 3 replies
- 2,304 views
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G7 Splashes $100 Bln on fossil Fuels a Year
A nice infographic from some think tank named Overseas Development Institute. So despite their commitments, despite all the assurances that they're fighting climate change...- Marina Schwarz Replied
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- 1,324 views
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Impact of the steel and aluminium tariffs on the oil and gas industry
Steel and aluminium tariffs could cause some damage to the US oil and gas industry... “The implementation of new tariffs will disrupt the U.S. oil...- Guillaume Albasini Replied
- 0 replies
- 993 views
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Venezuela Fails To Pay Debt To India
Venezuela stopped payments to India's ONGC Videsh Ltd, who owns jointly with PDVSA the San Cristobal energy project. PDVSA is into OVL for about...- Rodent Replied
- 3 replies
- 1,449 views
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Tour An Iranian Oilfield (Really!)
Who wants to go with me to tour an Iranian oilfield? https://financialtribune.com/articles/travel/87475/oil-ministry-ready-to-offer-oilfield-tours "The Oil Ministry welcomed a proposal by Iran's Cultural Heritage, Handicrafts and Tourism Organization...- Rodent Replied
- 2 replies
- 1,491 views
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HAPPY RIG COUNT DAY!!
Rigs have been steady or lower in the past couple of weeks despite higher oil prices. And while the US can do more with...- Rodent Replied
- 46 replies
- 16,599 views
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U.S. Shale Oil Debt - Does *Refinancing* Mean Paying Down Debt or Adding New Debt?
So I've been waiting and waiting for this news to come out. Due to higher oil prices, many U.S. Shale Oil companies are starting...- Tom Kirkman Replied
- 9 replies
- 5,465 views
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The Gold/Oil Price Correlation
Very interesting article from safehaven.com on the correlation between gold and oil prices. I encourage everyone to read it and would love to hear...- dowmike Replied
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- 1,540 views
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Iran Asks for OPEC's Help Weathering US Sanctions
Raise your hand if you link OPEC is going to lend a helping hand to Saudi Arabia's old chum, Iran. Iran has been a constant...- Rodent Replied
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- 1,043 views
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Why environalists are more likely to cheat?
Listened to a Freakonomics podcast about Corporate Social Responsibility and one phrase got my attention: "there is a study showing that when people express a...- westpac
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- DanilKa Replied
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- 2,900 views
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US sanctions on Iran
The recent sanctions on Iran by USA seems to be a closely considered act by Trump administration. This looks like an act to make...- sudhir Replied
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- 951 views
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EIA Says Inventories back to 5-yr average OECD and US
Total liquid fuels inventories return to five-year averages in the United States and OECD https://www.eia.gov/todayinenergy/detail.php?id=36392- Rodent Replied
- 2 replies
- 1,301 views
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BC still wants a piece of Transmountain
despite the shenanigans over the trans mountain pipeline, BC still wants to receive billions as part of the original deal. sounds like blood money...- Rodent Replied
- 1 reply
- 1,205 views
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its
The OILPRO.COM Pundits have regrouped !
Nice to see the OILPRO.COM pundits/refugees have found a new home !- Glenn Ellis Replied
- 7 replies
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Brazil presalt oil cargo receives no bids
No takers for this preaalt oil now that they can't wheel and deal on prices. The implications for not finding a buyer are significant. https://www.reuters.com/article/brazil-oil-auction/brazil-receives-no-bids-for-contracts-for-pre-salt-oil-cargo-idUSL2N1T1263?rpc=401&- Rodent Replied
- 1 reply
- 1,890 views
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Democrats Urge Trump to ‘Stand Up to OPEC’ Amid Rising Oil Prices
U.S. Senate Democrats urged President Trump to try to prod OPEC to take steps to lower oil prices and suggested that millions of Americans...- Selva Replied
- 21 replies
- 7,316 views