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Low WCS Causing production problems in Canada
Husky Energy said today its Q1 production was 300,400 barrels of oil equivalent per day (boe/d), down from 320,000 boe/d in Q4 2017 and 334,000...- Rodent Replied
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- 1,232 views
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Pemex Announces New Round of Onshore Auctions.
What are the chances of success here? Mexico is offering up 7 more areas on shore. Since most of Mexico's auctions have had lousy...- Rodent Replied
- 1 reply
- 1,412 views
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Will Mexico Elections Mean No More Foreign Oil Friendliness?
US should be worried that Obrador, even if he's not going to undo all the energy reforms in Mexico, would use nationalist policies to...- Blockchainbull Replied
- 3 replies
- 2,211 views
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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
- 10 replies
- 5,909 views
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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
- 2 replies
- 1,695 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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- 1,444 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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- 2,357 views
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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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- 1,421 views
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Yemen's Rebels Step Up Attacks on Aramco Oil Facilities
Yemeni rebels are increasingly targeting Saudi Arabian oil facilities, threatening the kingdom’s economic engine and adding another layer of geopolitical tension that is helping...- Stormysaga Replied
- 15 replies
- 7,105 views
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Comprehensive List of Factors that affect crude oil price
Considering trading crude oil. Will study for 6 months and use free practice trading accounts. Can the community help me create a list of...- Achilles Replied
- 7 replies
- 3,694 views
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Here we go! Oil Heads Up To $74 a Barrel, But U.S. Bonds, Crude Supply Cast A Pall
Oil eased on Wednesday, but held in sight of three-year highs reached the previous day, as rising U.S. fuel inventories and production weighed on...- Pavel Replied
- 17 replies
- 6,164 views
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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
- 4 replies
- 2,765 views
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Electric Buses are Eating into Oil Demand
China is adding e-buses at a breakneck speed, apparently, and Bloomberg estimates these will eliminate almost 280,000 bpd from diesel fuel demand this year....- china
- electric bus
- (and 2 more)
- Marina Schwarz Replied
- 9 replies
- 3,842 views
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Gasoline prices will be mediated
Gasoline prices will be mediated by natural gas and electric vehicles. Also by ethanol and new oil producers worldwide using fracking and horizontal drilling.- ronwagn Replied
- 2 replies
- 1,685 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
- 2 replies
- 1,447 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
- 1,531 views
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Trump's Revenge: U.S. Oil Floods Europe, Hurting OPEC and Russia
As OPEC’s efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount...- damirUSBiH Replied
- 27 replies
- 11,892 views
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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
- 0 replies
- 1,301 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
- 0 replies
- 1,317 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
- 0 replies
- 1,678 views
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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
- 2,219 views
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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
- 0 replies
- 1,567 views
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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
- 0 replies
- 1,692 views
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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
- 30 replies
- 16,676 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
- 9 replies
- 5,331 views
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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
- 2 replies
- 1,764 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
- 0 replies
- 1,144 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
- 0 replies
- 1,837 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
- 1,493 views
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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
- 0 replies
- 1,123 views