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BP complains about sue-happy US
Animosity between oil companies and activists is growing increasingly hostile. https://www.bloomberg.com/news/articles/2018-05-21/bp-sees-legal-jeopardy-in-activists-push-for-climate-action Now BP is refusing to answer questions of activists or even divulge climate goals for...- Rodent Replied
- 2 replies
- 1,904 views
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Trump announces more sanctions on Venezuela after Maduro Win
US will prohibit purchases of debts owed to the government and PDVSA in an attempt to keep Maduro from liquidating assets. https://www.treasury.gov/resource-center/sanctions/Programs/Documents/venezuela_eo_20180521.pdf- Rodent Replied
- 5 replies
- 4,550 views
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Airlines To Get Crushed Under High Oil Prices
Some smaller airlines were struggling to make ends meet even when oil was at $40. Now it's almost twice that--a fact that should thin...- Rodent Replied
- 2 replies
- 1,815 views
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China's CEFC Defaults on Bond Payment
After that Rosneft deal fell through, CEFC said it missed a major bond payment today. Fitch is expecting the corporate bond defaults in China will continue...- Rodent Replied
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- 1,294 views
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Higher Fuel And Staff Costs To Weigh On Ryanair Profits
Ryanair (RYA.I) expects annual profits to fall for the first time in five years due to higher fuel and staffing costs and flat fares,...- Petar Replied
- 4 replies
- 2,369 views
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Psychological manipulation of oil prices.
To me, it seems very apparent that various writers are consciously making blatant efforts to constantly boost oil price increase expectation. It seems quite...- ronwagn Replied
- 24 replies
- 9,135 views
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The Gravity Effect on Oil Prices
Surprisingly, I just read a liberal, mainstream media article about oil prices, and agreed with darn near every single point they made. What the...- Tom Kirkman Replied
- 6 replies
- 3,558 views
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How is Pruitt still around?
Google search is not kind to Environmental Protection Agency (EPA) Administrator Scott Pruitt. Is he the last to leave Big Brother house? Watchdog to probe EPA email...- Ajan Bosnjacki Replied
- 16 replies
- 13,829 views
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Energy Deals to Cut US-China Trade Deficit?
Would really welcome everyone's thoughts on this article: https://www.axios.com/energy-deals-cut-us-china-trade-deficit-1526651120-12062378-10df-4ed8-8605-3cedc759ef91.html When President Trump demanded that China cut its $375 billion trade deficit with the U.S. by $200...- china
- united states
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- 1 reply
- 1,706 views
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BP sees oil falling to between $50 and $65
Seems I'm not the only one who thinks oil prices should be at around $65. For the last few years (2015 to 2017) I have...- Tom Kirkman Replied
- 2 replies
- 6,621 views
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Contango
MbS is gonna be sooooo pissed! (Angel butterfly wing dreams of massive wealth for Aramco IPO jackpot suddenly come crashing to Earthly reality.) Anyway, here's the news: Oil...- Tom Kirkman Replied
- 1 reply
- 2,204 views
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Oil Investors Say More Needed to Tackle Climate Change
Sixty global investors, representing more than $10.4 trillion in assets, called on the oil and gas industry to do more to tackle climate change,...- LAOIL Replied
- 3 replies
- 2,594 views
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North Dakota: Initial well productivity trending higher, will a rising Gas/Oil ratio negatively impact EURs?
North Dakota – update through March 2018 This article contains still images from interactive dashboards available on the blog post. To follow the instructions detailed...- shale
- north dakota
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- shaleprofile Replied
- 9 replies
- 5,567 views
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A Saudi-Backed Asia Refinery Is Going to Be a Fuel Juggernaut
Hey, you see all that talk of tightening oil supplies that are supposed to justify a bull run stampede toward triple digit oil prices? Here...- Tom Kirkman Replied
- 1 reply
- 1,906 views
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Falih, Mazrouei Worried about Oil Prices
This from the Daily Mail: "The Saudi and Emirati energy ministers voiced concerns on Thursday over oil price fluctuations, saying they were determined to maintain...- Marina Schwarz Replied
- 1 reply
- 2,037 views
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Brent Crude Oil Tops $80!
Brent crude oil on Thursday topped $80 a barrel for the first time since November 2014, as the market grew concerned that the Trump...- damirUSBiH Replied
- 40 replies
- 16,634 views
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Rosneft vs China in South China Sea
China says no one can carry out oil, gas activities in Chinese waters without Beijing's permission This a day or so after Rosneft announced start...- Marina Schwarz Replied
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- 1,176 views
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OIL DEMAND & PRICES
I must admit I get a kick out from reading about the pundits "enlightening" us all on what we can expect concerning oil demand...- Beowulf Replied
- 1 reply
- 12,495 views
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Price Determines Demand (and Supply)
I am new to Oilprice.com. But I am not new to the oil business. I personally experienced much of the industry history that most...- William Edwards Replied
- 14 replies
- 6,100 views
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- Rodent Replied
- 190 replies
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venzeuala refinery shut down undergoing maintenance for 6 years?
https://www.reuters.com/article/us-conocophillips-pdvsa-citgo/conoco-aims-to-seize-oil-cargoes-near-citgos-aruba-terminal-idUSKCN1IG30J?rpc=401& this story mentions Citgo's Aruba refinery has been down since 2012 for maintenance (described here as a major overhaul). To the best of my knowledge,...- Rodent Replied
- 4 replies
- 2,701 views
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And So It Begins.... Repsol Says No More Oil, Gas
Spain’s Repsol says it will stop pursuing production growth in its upstream oil and gas division and will unveil a plan in June that would...- Rodent Replied
- 1 reply
- 1,729 views
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Trump Could 'Punish' Venezuela With Oil Sanctions Immediately After Presidential Vote
Venezuela's oil industry could be directly targeted by the U.S. immediately after the crisis-hit nation's upcoming presidential election, oil experts warned, as global energy...- Sofia Replied
- 28 replies
- 11,377 views
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Oil inventories in OECD below 5-year average according to IEA
Worth mentioning - OECD oil and products inventories are on level of March 2015 -2819 milions of barrels and actually symbolic 1 milion barrels...- Tomasz Replied
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- 1,575 views
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What's in a Name?
Sooo, Statoil again and musings on how its competitors don't have "oil" or "gas" in their names. Correct me if I'm wrong but this...- Marina Schwarz Replied
- 3 replies
- 5,979 views
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Harbinger of the coming oil price rollercoaster
As expected, as oil prices soar, and the oil price bulls stampede with joyful abandon, the IEA dumps its cold water harbinger of the coming...- Tom Kirkman Replied
- 3 replies
- 3,891 views
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New fuel options for ships
The International Maritime Organisation's (IMO) has ruled to reduce the sulphur cap for bunker fuel from 3.5% to 0.5% by 2020. The world merchant...- Guillaume Albasini Replied
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- 14,155 views
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Oil Money Might Help Mahathir Fund Malaysia's Budget Without GST
Yep, this really shouldn't come as a surprise. By law, PETRONAS is subject to the control and direction of the Prime Minister. I've mentioned this before: I...- Tom Kirkman Replied
- 0 replies
- 1,693 views
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PRefChem - the JV between Petronas and Saudi Aramco
A warm welcome to PRefChem the Joint Venture between Petronas and Saudi Aramco. Great news indeed! Elections were held in Malaysia last week, and there...- Tom Kirkman Replied
- 3 replies
- 2,958 views
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oil price
Networking in Calgary
With the improvement in oil price, I am looking to network with people that are looking to grow their business and opportunities in Calgary. Please...- Jessy Replied
- 1 reply
- 2,196 views