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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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- 1,431 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
- 2,775 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
- 16,745 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
- 1,456 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
- 1,542 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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- 5,347 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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- 26,582 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
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- 1,314 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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- 1,332 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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- 1,688 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
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- 1,579 views
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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
- 11 replies
- 4,790 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
- 4 replies
- 4,379 views
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- 3 replies
- 2,008 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
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- 1,703 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
- 23 replies
- 10,447 views
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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
- 4 replies
- 2,523 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
- 1,783 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
- 1,516 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
- 2,249 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
- 1,157 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
- 1,847 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
- 1,140 views
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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
- 3,268 views
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Waste-Made Polymer Soaks Up Oil Spills
The "sponge" is made from used cooking oil sodium chloride and sulfur, and it can soak up crude and diesel. I like this sort...- Marina Schwarz Replied
- 0 replies
- 1,175 views
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Saskatchewan, Quebec Join Alberta/B.C. Spat
Soooo, two more provinces have joined in the shin-kicking between Alberta and B.C. Saskatchewan is on Alberta's side, planning its own oil export-cutting legislation...- Marina Schwarz Replied
- 0 replies
- 1,873 views
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Shell Afraid of Commitment?
Shell Advises Shareholders To Reject Binding Climate Resolution Proposed by Follow This “We share the objective of Follow This for Shell to show leadership in...- Rodent Replied
- 1 reply
- 5,454 views
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Thousands of Oil Workers Fleeing Venezuela's State-Run Company?
Reuters reports today that workers are fleeing PDVSA in the thousands, running from Major General Manuel Quevedo, the new oil czar. https://www.reuters.com/article/us-venezuela-oil-workers-insight/under-military-rule-venezuela-oil-workers-quit-in-a-stampede-idUSKBN1HO0H9- TraderTate Replied
- 3 replies
- 1,696 views
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trade war
a good read about this trade war stuff, I have my doubts that trump would do much at this time because the way this...- cattleman Replied
- 3 replies
- 2,113 views