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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
- 2,632 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
- 0 replies
- 1,302 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
- 0 replies
- 1,398 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
- 0 replies
- 1,576 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
- 1 reply
- 1,781 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
- 2,566 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
- 4,134 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
- 1 reply
- 1,603 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
- 3,505 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
- 0 replies
- 3,027 views
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Offshore drilling plan could add $590 bn to economy-API report
The oil and natural gas industry urged Interior Secretary Ryan Zinke to maintain his offshore drilling plan and open up federal waters from coast...- JohnAtronis Replied
- 5 replies
- 3,494 views
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More Transmountain Protests Coming
Oh, North America. I'm bored with your irrational pipeline hatred. https://www.aljazeera.com/indepth/features/canada-thousands-protest-trans-mountain-pipeline-expansion-180309060838063.html It will be interesting to see how many protestors actually show up here (they optimistically...- Rodent Replied
- 2 replies
- 1,719 views
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OPEC Deal Going Off the Rail
There's internal disagreement in OPEC as to what the best price of oil should be. The crack is between Saudi Arabia and Iran. Saudis...- Marina Schwarz Replied
- 1 reply
- 8,989 views
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Venezuela's PDVSA Sues Oil Traders Over Corruption Scheme
According to their lawyer, Venezuelan state oil company PDVSA has sued a group of oil trading companies through a U.S. trust over a multi-billion...- Petar Replied
- 3 replies
- 2,078 views
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Exciting Billion$ Deals
a) Shell/Blackstone Eye $10B BHP Billiton Shale Purchase b) Sempra Gets Regulator Nod for $10B Oncor- Rodent Replied
- 2 replies
- 3,579 views
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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
- 0 replies
- 1,246 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
- 2 replies
- 1,746 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
- 1,661 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
- 2 replies
- 2,659 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
- 4 replies
- 2,716 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
- 1,656 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
- 2,546 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
- 2,134 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
- 3,744 views
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Indonesia Scrapping Burdensome Regulations to woo Foreign players
Indonesia scrapping 186 regulations in order to woo foreign investors to its energy industry. How successful will this be? And assuming they will be...- Rodent Replied
- 2 replies
- 1,878 views
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Will Oil price continues to go up in 2018?
The continuous rising oil price is making it difficult to actually plan- Yinka Akinbowale-Ogunnowo Replied
- 1 reply
- 1,761 views
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Global Oil Sector Needs $20 Trillion Investments Over 25 years: Saudi Aramco CEO
Amin Nasser, Saudi Aramco Chief Executive Officer, says the global oil and gas industry needs to invest more than $20 trillion over the next...- damirUSBiH Replied
- 3 replies
- 1,757 views
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U.S. To Overtake Russia As Top Oil Producer By 2019 At Latest
According by EIA U.S. will overtake Russia as the world’s biggest oil producer by 2019 at the late. U.S. oil is also increasingly being...- damirUSBiH Replied
- 14 replies
- 5,664 views
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Activists Claim South Sudan Using Oil Rev to fund War
George Clooney’s NGO Accuses South Sudan of Using Oil Wealth for War Crimes. Does anybody know anything about his NGO? Does anybody care about...- Rodent Replied
- 1 reply
- 1,561 views
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Pollution protesters shut down Libya oil field
It's not just militia factions vying for power who are meddling with Libyan oil production. The latest shutdown was Sunday at the giant El...- Carlsbad Replied
- 3 replies
- 3,354 views