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IEA:Global Oil Demand Picks Up But Still Lags Rising Supply
By IEA, global oil demand is expected to pick up this year but supply is growing at a faster pace, leading to a rise...- damirUSBiH Replied
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- 1,885 views
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Exxon: Moving Up In Reputation
Well, I mean, it's all relative. In the court of public opinion, Exxon has apparently transitioned from Purposeful Killer of Our Beloved Earth, to the latest:...- Rodent Replied
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- 2,721 views
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Oil production cut deal takes more time to tackle soaring shale production or situation is now out of control?
Soaring shale production is now the biggest problem for OPEC. Oil cut deal is now going to an end in coming months and still...- Harsh vardhan singh Replied
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- 1,582 views
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Norway Needs More Oil Discoveries
So says a state-owned energy firm, Petoro. I'm beginning to be confused about Norway. It's the greenest of them all in Europe but it...- Marina Schwarz Replied
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- 1,667 views
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South Korea Fuel Oil Imports Surge
South Korea's fuel oil imports are skyrocketing as it tries to phase out coal and nuclear plants enter maintenance season. But I was thinking,...- soth korea
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- Marina Schwarz Replied
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- 1,231 views
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UAE Wants To Be Mad At Qatar, but....
What would they do without Japan? They'd have to stick to their banishment of Qatar, I guess. https://oilprice.com/Latest-Energy-News/World-News/UAE-Qatar-Warily-Extend-Joint-Oilfield-Concession.html- Rodent Replied
- 1 reply
- 1,366 views
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Venezuela isn't its own man anymore
https://oilprice.com/Latest-Energy-News/World-News/Indias-Oil-Imports-From-Venezuela-Plunge-To-Lowest-Since-2012.html And this is what happens, my friends, when you get so far into debt. You're beholden to your creditors. Venezuela pumps at the mercy...- Rodent Replied
- 4 replies
- 2,398 views
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Hess, Total, or Exxon? Who's Strategy Will Be the Best?
https://oilprice.com/Energy/Energy-General/Which-Oil-Major-Has-The-Best-Investment-Strategy.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+oilpricecom+(Oil+Price.com+Daily+News+Update) Total's low-cost purchase in Libya, Exxon's aggressive capex when others are skimping, or Hess's buybacks?- Rodent Replied
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- 1,181 views
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Another Weapon in the War on Fossil Fuels
We have protests, we have defunding, we even have banks who refuse to loan to the dirty oil industry. The latest? Legislative weapons. "The Baltimore...- Rodent Replied
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- 1,258 views
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Who Do We Have To Thank For Our Shale Oil and Gas Reserves?
Dinosaur-era volcanos, of course! That is, if we are to believe a study from Rice University. http://www.worldoil.com/news/2018/3/13/geologists-link-ash-from-dinosaur-era-volcanoes-with-shale-oil-gas- Rodent Replied
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- 1,365 views
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Iraq Plans To Reduce Oil Products Imports By 25 Percent
Iraq's oil ministry said the nation would reduce its petroleum products imports by 25 percent as crude oil refineries are being rehabilitated following fighting...- Petar Replied
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- 1,565 views
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Tons of faith in Libyan oil ... underscored by major crude contracts
Testimony to the vitality of your crude reserves ... Shell, BP and most recently PetroChina are signing major LIbyan crude contracts regardless of the...- Kate Turlington Replied
- 3 replies
- 2,234 views
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Saudi IPO May Be Delayed
https://www.bloomberg.com/news/articles/2018-03-08/saudi-oil-minister-hints-aramco-ipo-could-be-delayed-until-2019 If you could only see my super sarcastic mock surprised face right now. I don't want to say I told you so. Wait. Yes...- Rodent Replied
- 9 replies
- 3,846 views
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So Big Oil Can't Fund The Arts Now??
Oh my, oh my. We're shunning Big Oil from putting money towards the arts now? http://www.france24.com/en/20180312-climate-protest-prompts-partial-evacuation-louvre My favorite line: "Some 30 activists had laid a long stretch...- Rodent Replied
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- 1,433 views
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B.C. vs Alberta Round 3: No More Oil for You
BC to Alberta: We don't want the Trans Mountain pipeline expanded. Alberta to BC: But our oil needs shipping and selling, and we need the revenues...- Marina Schwarz Replied
- 5 replies
- 3,320 views
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Time to buy PetroChina Co?
Analysts agree, PetroChina is a bargain. https://www.bloomberg.com/news/articles/2018-03-12/at-232-billion-world-s-3rd-largest-oil-major-is-seen-as-cheap- Rodent Replied
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- 2,832 views
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Offshore drilling plan could add $590 bn to economy-API report
The oil and natural gas industry urged Interior Secretary Ryan Zinke to maintain his offshore drilling plan and open up federal waters from coast...- JohnAtronis Replied
- 5 replies
- 3,128 views
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More Transmountain Protests Coming
Oh, North America. I'm bored with your irrational pipeline hatred. https://www.aljazeera.com/indepth/features/canada-thousands-protest-trans-mountain-pipeline-expansion-180309060838063.html It will be interesting to see how many protestors actually show up here (they optimistically...- Rodent Replied
- 2 replies
- 1,557 views
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OPEC Deal Going Off the Rail
There's internal disagreement in OPEC as to what the best price of oil should be. The crack is between Saudi Arabia and Iran. Saudis...- Marina Schwarz Replied
- 1 reply
- 8,818 views
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Venezuela's PDVSA Sues Oil Traders Over Corruption Scheme
According to their lawyer, Venezuelan state oil company PDVSA has sued a group of oil trading companies through a U.S. trust over a multi-billion...- Petar Replied
- 3 replies
- 1,805 views
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Exciting Billion$ Deals
a) Shell/Blackstone Eye $10B BHP Billiton Shale Purchase b) Sempra Gets Regulator Nod for $10B Oncor- Rodent Replied
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BP Boasts Higher Output from Aging Fields
BP's fields, including maturing ones, produced more last year than the year before, CEO Dudley says he's never seen a negative decline rate in...- Marina Schwarz Replied
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- 1,111 views
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Shale Vs. Renewables
Many see the US as mostly apathetic to the plight of the renewable energy industry.- Missy Replied
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- 1,538 views
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Oil And Corn Tout Dueling Studies On Future Of U.S. Biofuel Program
Big oil and big corn continue their clash about on proposed biofuels policy reforms. Valero Energy Corp a major oil refiner, funded a study...- Petar Replied
- 2 replies
- 1,477 views
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Chevron -- The King of the Permian
Chevron is the supermajor with the biggest acreage in the Permian and it's making good use of this acreage, it seems, partly by sheer...- Marina Schwarz Replied
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- 2,326 views
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Russia Not Joining OPEC
Russia dispelled the myth today that it may join OPEC. Nope. Nada. Not gonna happen. Did anybody really think Russia would tie itself down...- Rodent Replied
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- 2,507 views
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Oil Major's Lofty Goals
Exxon is saying it is targeting double its cash flow from operations by 2025. Meanwhile Shell is planning for its gas production to be...- Rodent Replied
- 1 reply
- 1,495 views
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BMI crude oil price forecast via Rigzone
The price of Brent crude oil will average $75 per barrel next year, according to the latest forecast from oil and gas analysts at...- Johnecon Replied
- 3 replies
- 2,240 views
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$20T investment needed over 25 years - Aramco CEO via Reuters and Rigzone
HOUSTON, March 6 (Reuters) - The global oil and gas industry needs to invest more than $20 trillion over the next 25 years to...- Johnecon Replied
- 1 reply
- 1,970 views
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IEA Slaps OPEC in the Face with 5-Year Oil Forecast
The IEA has forecast that growth in non-OPEC supply--the US. Canada, Brazil and Norway--will be enough to cover the growth in global oil demand. If...- Marina Schwarz Replied
- 6 replies
- 3,476 views