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Exxon Getting Ready to Explore in Cyprus
US navy increased its Mediterranean fleet, in anticipation of Exxon sending its survey vessels there in a couple weeks. Makes sense, since Turkish Navy...- Rodent Replied
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Japan buying oil tanker in response to China's presence
WIll be used for fuel for warships, as China has recently upped its military presence in the east china sea. https://www.express.co.uk/news/world/927449/japan-first-oil-tanker-combat-chinese-influence-south-china-sea- Rodent Replied
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- 1,245 views
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Trial against Eni, Shell Begins
The trial against Shell and Eni, along with several executives from the two supermajors has started. They are accused of bribery in a Nigeria...- Marina Schwarz Replied
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- 2,785 views
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Oil Workers Win Millions
Could Canada's dire oil position get any more dire? Yes, indeedy. Thirty-one Canadian oil refinery workers just won $60 million in the lottery and...- Rodent Replied
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China Adds Brunei To New Silk Road - Oil, Influence And “Belt and Road” Initiative
China has a big plans with Brunei. Brunei’s oil and gas reserves are expected to run out within two decades. When completed, the first...- damirUSBiH Replied
- 5 replies
- 3,810 views
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Climate Change Report Slamming Exxon Debunked?
Professor slams last year's study that concluded Exxon knew about effects of oil industry on environment and did nothing. Reasons cited include bias, lack...- Rodent Replied
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Oil Major Total expands in Libya, Buys Marathon's Waha Stake For $450 Million
French energy company Total substantially raised its presence in Libya with the purchase of a 16.33 percent stake in Libya’s Waha concessions from U.S....- Petar Replied
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- 2,106 views
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Exxon to end Russia joint ventures
Oil exploration project between Exxon Mobil and a Russian government-owned oil company Rosneft will be abandoned by Exxon after United States government sanctions prevented the venture...- Stephen Replied
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First Nations Eye Bigger Stakes in Oil
First Nations in Alberta are vying for higher stakes in the local oil and gas industry by buying interests in oil wells and--the horror--in...- Marina Schwarz Replied
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- 1,793 views
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Chevron Boasts Resilience to Climate Change Effects
Chevron says its business won't suffer from climate change measures at least until 2040. The company cites the IEA's three scenarios on the possible...- Marina Schwarz Replied
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- 1,319 views
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War on Plastics Rages On
Now a whole aisle in a grocery store in Amsterdam is plastic-free. Trend or fad? https://www.cnbc.com/2018/02/28/war-on-waste-plastic-free-shopping-aisle-opens-in-amsterdam-supermarket.html- Rodent Replied
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US Gasoline Demand Down in 2017
American gasoline consumption fell for the first time in five years in 2017 (by .0006%). Bloomberg "blaming" it on illegal immigrants who stopped driving...- Rodent Replied
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- 1,822 views
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Plan To Truck oil from Iraq's Kirkuk to Iran Delayed By Security Concerns
Iraq and Iran have agreed to swap up to 60,000 barrels per day of crude produced from Kirkuk for Iranian oil to be delivered...- damirUSBiH Replied
- 3 replies
- 2,065 views
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OPEC hits 149% compliance!
WOWZERS. OPEC hits 149% compliance on the back of Libya and Venezuela, and the most from the UAE. WTI and Brent still down massively...- Rodent Replied
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- 1,843 views
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California City Sues Its Biggest Taxpayer, Chevron
Chevron is the biggest taxpayer and employer in Richmond, California. The city is suing it (again) on allegations that it is destroying its future...- Marina Schwarz Replied
- 5 replies
- 3,454 views
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South Sudan threatens to shut down oil production
Meet South Sudan's latest problem (as if they needed a new one). "South Sudanese lawmakers have accused the consortium running the country’s last working...- Rodent Replied
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- 1,574 views
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US Sanctions on Russia Squeeze out Exxon
Exxon is going to quit its Russian JVs after sanctions freeze by US.- Rodent Replied
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- 1,400 views
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US oil drillers to get another boost from decreased royalty rates
"A U.S. Department of the Interior committee voted on Wednesday to recommend to Secretary Ryan Zinke that the agency lower royalty rates for federal...- Addy Replied
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- 1,446 views
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South Korea Nixing Coal
South Korea said it will shutter 5 coal plants in Q2 2018 in an effort to reduce smog and such. But what I don't...- Rodent Replied
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- 1,581 views
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Russia, Angola Biggest Suppliers of Oil to China in January
Trying to get a handle on gains and losses in oil market share to China ... See numbers for Jan show Russia and Angola...- LAOIL Replied
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- 1,936 views
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Does OPEC have an exit plan from production cut?
Saudi oil minister Khalid al-Falih said that he hopes that OPEC can relax the production limits next year, while putting in place a more...- Harsh vardhan singh Replied
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How High Will Oil Go If Shale Boomers Stop Ramping Up?
Just a random thought in light of record-high production in the U.S. and record-high net longs on oil. If traders start selling, WTI could...- Marina Schwarz Replied
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- 2,000 views
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US Sanctions for Libya's oil smugglers
Missed this a couple of days ago, but the US has slapped sanctions on 6 people, 24 companies and a handful of vessels for...- Kate Turlington Replied
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- 1,785 views
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Nigeria Gives Up on $74B
This article estimates that Nigeria has forfeit about $74 billion by not prosecuting fraud cases, mostly involving the oil industry. http://saharareporters.com/2018/02/15/‘10-corruption-cases-can-fetch-nigeria-745billion-n25trillion’-falana Will they ever have the...- Rodent Replied
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- 1,978 views
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Dinner with OPEC?
Barkindo is planning to have dinner with U.S. shale company executives on Monday in Houston. I'm less excited about the news of this, and more...- Rodent Replied
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No Worries About Ownership of US-based Citgo
US investors looking to snap up US-based Citgo to keep it out of Russian hands. How likely is it really that it would fall...- Rodent Replied
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- 1,657 views
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The biggest global energy conspiracy
British Energy and Clean Growth Minister: Claire Perry US Energy Secretary Rick Perry COINCIDENCE? I think not.- Rodent Replied
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- 1,731 views
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Venezuela's Next Threat: No Naphtha
US may stop sending Naptha to Venezuela--they need this to mix with their heavy oil or it doesn't flow in the pipelines. This would...- Rodent Replied
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Nigeria cancels billions in refinery maintainence
I'm not sure I understand. Nigeria canceled a $1.8 billion project to conduct some DESPERATELY needed refinery maintenance. But I don't understand. What is...- Rodent Replied
- 2 replies
- 2,354 views