Oilprice Community to Shutdown

  1. AS


    Really tearing it up, Eni! Record oil and gas production. Q4 profits up 55%. 
      

    • Seleskya Replied
    • 3 replies
    • 2,210 views
  2. Marina Schwarz


    "OPEC will soon discuss with Russia a new way to measure oil stockpiles, with the Saudi Energy Minister saying that finding reliable inventory data...
      

  3. Rodent


    Maduro says he is going to find another buyer for its crude oil if US imposes a full oil embargo on it. Which buyers...

    • Rodent Replied
    • 0 replies
    • 1,281 views
  4. AW


    Venezuela just sacked US-sanctioned CFO of PDVSA, Simon Zerpa. Any significance to this move? Does it even matter?

    • Addy Replied
    • 1 reply
    • 3,175 views
  5. Rodent


    Univsion is reporting a mass exodus of employees from state-run PDVSA, as rising inflation has basically made their public worker salary almost owrthless. PDVSA...

    • Rodent Replied
    • 0 replies
    • 2,131 views
  6. Marina Schwarz


    Nigerian fuel hawkers are turning in a good profit even without fuel shortages in the country. As they apparently get their goods from pipeline...
      

  7. Rodent


    China is still digging its heels in, and not allowing Tesla to 100% own a factory there. China, as in all manufacturing businesses there,...

    • Rodent Replied
    • 5 replies
    • 2,749 views
  8. PT


    As climate-change lawsuits against the oil industry mount, Exxon Mobil Corp. is taking a bare-knuckle approach rarely seen in legal disputes: It’s going after the lawyers...
      

  9. Rodent


    As if Saudi Arabia wasn't already doing the lion's share of the production cutting so that other members can skate by without fully complying...

    • Rodent Replied
    • 7 replies
    • 4,554 views
  10. Marina Schwarz


    So, Russian banks are apparently "eager" to take a piece of Aramco, in partnership with Chinese investors. I wonder if it's too late for...
      

  11. TS


    Interesting story that puts the Eni, Shell corruption scandal in Nigeria into a more colorful light. I guess the question is how we define...
      

  12. AW


    I read this article https://oilprice.com/Latest-Energy-News/World-News/White-House-Proposes-Sale-Of-Federal-Power-Assets.html that talks about the government piecing out fed power assets. How would that even work? I'm not sure I get it.

    • Addy Replied
    • 0 replies
    • 1,623 views
  13. Rodent


    IEA OMR today says oil production growth, led by US production, will outweigh oil demand growth. Not good for oil prices. Not good for...

    • Rodent Replied
    • 0 replies
    • 1,652 views
  14. CB


    We all know that big oil and the militancy in the Niger Delta have destroyed this place for local communities, but I hadn't heard...
      

    • Carlsbad Replied
    • 2 replies
    • 2,706 views
  15. Rodent


    OPEC chief says he has Putin's word that Russia won't flood the oil market.  Ever? Or... just during the agreement?

    • Rodent Replied
    • 4 replies
    • 3,735 views
  16. TS


    I hadn't realized until the European Free Trade Association (EFTA) started investigation just recently, that Norway lets companies deduct 78% of their exploration costs...
      

  17. Marina Schwarz


    Big Oil majors are fighting for investors' favors, apparently, now that they have more cash to dangle in front of their eyes. SO, who's...
      

  18. PP


    Iraq, OPEC's 2nd largest oil producer, wants to build new refineries as its oil processing capacity was severely curtailed by damage to its largest...
      

    • Petar Replied
    • 4 replies
    • 2,975 views
  19. Rodent


    EPA penalties were significantly less this last fiscal year, partially under Trump administration. To be fair, part of it was under Obama and part...

    • Rodent Replied
    • 4 replies
    • 2,788 views
  20. Rodent


    March 26th is the date, supposedly, for China's oil futures contract. Talk about a market disruptor. This has been talked about seemingly forever. If...
      

    • Rodent Replied
    • 1 reply
    • 1,624 views
  21. Rodent


    After a seven-month stoppage, Venezuela once again buying crude (and when I say "buying", I mean swapping goods for) for its Isla refinery. It's...

    • Rodent Replied
    • 1 reply
    • 3,336 views
  22. Rodent


    Budget deal congress reached yesterday calls for the sale of 100 million barrels of SPR between 2022 and 2027. Hope the prices are high...

    • Rodent Replied
    • 4 replies
    • 2,091 views
  23. Marina Schwarz


    India is planning to raise its LNG import capacity from 20 million tonnes to 70 million tonnes and is boosting oil refining capacity by...
      

  24. TS


    Battling for Asian market share with OPEC and US, Russia is diverting higher-quality crude cargoes from Europe to China. Something's got to give. Europe's...
      

  25. Rodent


    Britain's most important oil route, Forties pipeline, down again, after being down for weeks starting in December. This does not bode well for the...

    • Rodent Replied
    • 0 replies
    • 5,821 views
  26. Rodent


    I mean, more grim that it already has. Moody's says high oil prices cannot offset the drop in production, and inflation of 4,000% expected...

    • Rodent Replied
    • 0 replies
    • 1,306 views
  27. Rodent


    India’s Oil and Natural Gas Corp. planning to sell off uts largest state-run refinery, and largest state-run utility to unburden itself from $5billion worth of...

    • Rodent Replied
    • 0 replies
    • 1,982 views
  28. Rodent


    WCS not looking pretty these days.   check out the comparison with WTI  

    • Rodent Replied
    • 0 replies
    • 2,683 views
  29. Marina Schwarz


    Greenpeace is challenging a Norway court's decision to leave Arctic oil licenses in place. last year it went to protest against Arctic drilling on...
      

  30. Marina Schwarz


    “If we want to make a decision, it has be at the right time, which is June -- when we’ll next meet,” Zanganeh said....