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OPEC's production up, despite Venezuela's free fall
https://uk.reuters.com/article/uk-opec-oil/opec-january-oil-output-rises-despite-venezuelan-decline-survey-idUKKBN1FK2IC?rpc=401& According to Reuter's survey, production increases in Saudi Arabia and Nigeria more than offset the failing production of Venezuela, resutling in an production increase...- Rodent Replied
- 1 reply
- 1,484 views
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Kuwait Petroleum to Splash $500 Bln on New Production
Kuwait is boosting its production capacity from 3.15 to 4.75 million bpd by 2040. Sounds very ambitious in light of green forecasts... Or are...- Marina Schwarz Replied
- 1 reply
- 1,948 views
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Bad News for Texas Oil Workers
The oil and gas workforce in Texas has shrunk to the lowest in seven years. So the hopes of another boom in hiring won't...- Marina Schwarz Replied
- 6 replies
- 5,042 views
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Oil Tough Habit to Kick even for Norway
if Norway is having trouble kicking its oil habit, what are the chances of the Saudis succeeding? Apparently, one of Europe's greenest countries--if not...- Marina Schwarz Replied
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- 1,226 views
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Aramco IPO Delay
Aramco IPO reportedly delayed by indecision regarding the listing venue. If only y'all could all see my surprised face right now..- Rodent Replied
- 4 replies
- 6,267 views
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Lebanon open for oil exploration, finally
After a three-year delay caused by political paralysis in January Lebanon re-launched first licensing round for exploration and production rights in five blocks (1,...- lebanon oil
- lebanon israel
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- Meanwhile Replied
- 20 replies
- 2,666 views
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Singing A Different Tune
"Songbirds in Alberta's oil fields are adjusting their tunes to be heard above noisy drilling equipment, according to new research." --Greenwire fascinating!!- Rodent Replied
- 9 replies
- 2,883 views
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An Oil By Any Other Name...
... is still oil, but it's not all the same. New Statoil study says Bakken crude is slightly heavier and more sour than previously reported at...- Rodent Replied
- 1 reply
- 1,653 views
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Tesoro Corp Stock Freefall
Washington Gov Halted proposed oil by rail project, that was in the works by Tesoro Corp. Stock is now in freefall.- Rodent Replied
- 2 replies
- 1,960 views
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Iraq to Stick to OPEC Output Deal
Iraq, the second largest producer in the OPEC has had to limit output in line with OPEC’s commitment to cut output by about 1.2...- franco Replied
- 1 reply
- 1,474 views
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US slaps new sanctions on Russia
The blacklist now includes Sergey Topor-Gilka, who runs the engineering company Technopromexport and several subsidiaries of Surgutneftegaz (SNGS.MM). Empty gesture, or meaningful strongarming?- Rodent Replied
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- 1,268 views
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NYC Mayor Wants Oil Industry Dead
"New York Mayor Bill de Blasio, whose city sued five energy companies this month, including Exxon Mobil, BP and Shell claiming damage to the city from...- oil
- bill de blasio
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- Marina Schwarz Replied
- 3 replies
- 1,483 views
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US Ric Count Climbs
Oil, gas rigs up 11 this week, +12 for oil, and -1 for gas. Most notably, Permian added 18 rigs this week. Not good news...- Rodent Replied
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- 1,651 views
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Major blow to UK fracking firms
Britain is tightening controls on firms hoping to carry out hydraulic fracking in parts of the country by adding a financial health check to the application...- Meanwhile Replied
- 11 replies
- 2,524 views
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China Wants in on Arctic Oil
China has issued a white paper calling for advancing international cooperation on the Arctic. These guys aren't wasting any time, are they? "The Chinese paper...- Marina Schwarz Replied
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- 2,110 views
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1.1 Bpd in New Oil Supply Coming by 2025
"Over US$83.1 billion in capital expenditure will be spent over the lifetime of the top 10 onshore oil projects to produce 9.7 billion bbls...- Marina Schwarz Replied
- 0 replies
- 1,607 views
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Alaska Oil Production and Shaved Heads
BP Alaska boss shaved her head after promising the company she would shave her head if it held production steady at the forty-year-old field....- Rodent Replied
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- 1,934 views
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Us levies more sanctions
US adds more entities and persons to the US sanctions list regarding North Korea, ships transferring oil to NK included, most notably from Russia.- Rodent Replied
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- 2,310 views
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Regs set out to kill fracking
Britain increases financial health check for frackers in Britain. Frackers already have it tough here. Will regs kill fracking completely? http://www.hellenicshippingnews.com/britain-to-tighten-financial-checks-on-fracking-firms/- Addy Replied
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Mexico's Drug Cartels 'Diversifying' into ... Oil
Mexico's drug cartels, it would seem, are now moving in on oil after the crackdown on drug lords. Gotta diversify ... Great story on...- TraderTate Replied
- 6 replies
- 1,763 views
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Aramco Will List in Hong Kong, says HKEX Boss
"A deal in Hong Kong with the possibility of accessing, either now or later, the Chinese investing public works wonders for Saudi Arabia, for China, for...- Marina Schwarz Replied
- 4 replies
- 3,295 views
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As US Becomes Oil Superpower, What Quality of Crude Are We Talking About?
All this talk about the US becoming the biggest producer in the world has opened up a debate about the quality of that crude,...- LAOIL Replied
- 3 replies
- 2,201 views
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Russian Funds Could Buy into Aramco
Russian pension funds are considering investments in Aramco, and so are Chinese companies. Won't that be the best shareholder lineup EVER?- Marina Schwarz Replied
- 2 replies
- 1,666 views
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This pipeline lawsuit not what you think
native americans behind Eagle Spirit Pipeline from Alberta to BC coast launched a gofundme campaign to pay to challenge Trudeau's oil tanker moratorium ac.- Rodent Replied
- 0 replies
- 1,817 views
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Making American Great Again Woos Aramco
Aramco looking at expanding in the US given the recent tax cuts and oil industry support from the Trump Administration.- Rodent Replied
- 0 replies
- 1,535 views
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Airlines Thinking High Oil Prices Won't Last
Delta, United, American, along with Dubai's Emirates aren't going to hedge fuel deliveries this year--in a clear signal that these airline giants are not...- Rodent Replied
- 7 replies
- 2,061 views
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Libya to Restart Closed Oilfield, Add ~60,000 bpd to Glut
Libya is planning to restart its Wintershall oilfield. That would put some 57,000 bpd of new supply into the market.- Kate Turlington Replied
- 10 replies
- 2,225 views
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Venezuela says easy peasy
Venezuela is saying it will be no problem to raise its production by 1 million bpd. They say this as their production continues its...- Rodent Replied
- 2 replies
- 1,793 views
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Looks like the next big oil IPO will be Kazakhstan's state-run co
Media rumor now is that Kazakhstan's state-run oil company, KMG, is gunning for an IPO after delisting its upstream unit in London ...- kazakhstan
- oil
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- Carlsbad Replied
- 2 replies
- 2,081 views
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Largest East Coast oil refinery goes bankrupt
The biggest refiner on the East Coast, with liabilities of about $10 billion, just filed for bankrupting, citing costly Bush-era EPA regulations and dwindling...- Rodent Replied
- 6 replies
- 2,304 views