An Important Message For Oilprice Members

  1. Marina Schwarz


    Big Oil is still reluctant to venture into the Arctic, even if it's Norway's Arctic. besides Eni and its Goliath project, apparently only Shell...
      

  2. Rodent


    Or so says Venezuela. It will supposedly be backed by 5.3 billion barrels of oil worth $267 billion.  
      

    • Rodent Replied
    • 1 reply
    • 1,711 views
  3. Marina Schwarz


    Too long horizontal wells are straining pumpjacks. Time for a new tech breakthrough or time to rein in the length. I'd bet on the...
      

  4. PP


    A few of the biggest Iran importers in Asia, such as  China, Japan, S Korea imported near 30 percent  less oil crude from Iran...
      

    • Petar Replied
    • 1 reply
    • 1,740 views
  5. Rodent


    Seeing a lot of press about China selling oil to North Korea despite sanctions. Is this just a case of smuggling, or is China...

    • Rodent Replied
    • 6 replies
    • 2,060 views
  6. Rodent


    The burden on the US oil industry may soon lighten as department of interior considers easing of safety regulations that were put in place...

    • Rodent Replied
    • 0 replies
    • 1,531 views
  7. AS


    I expect US drillers to now increase their drilling budgets nicely for Q1/2 2018. Makes sense if they scaled back drilling budgets when prices...
      

    • Seleskya Replied
    • 3 replies
    • 1,697 views
  8. PT


    Oil exploration in U.S. Arctic waters got underway this week with the spudding of a new oil well from the man-made Spy Island in...
      

  9. Rodent


    https://www.cushingoilinventory.com/?gclid=Cj0KCQiAyZLSBRDpARIsAH66VQKEXEGKCLyyTNqWPrpAYLJjjDUasr6zLX_rvVJH7xWPSdyElgMW_kkaAlySEALw_wcB new service for reporting cushing inventory ahead of the EIA. They fly over oil storage and provide same-day reporting on the levels.  However... "We capture...
      

    • Rodent Replied
    • 1 reply
    • 2,129 views
  10. SM


    Last week, the UN Security Council unanimously voted in favor of the resolution to introduce new sanctions against North Korea for its continuing ballistic...
      

    • Stephen Replied
    • 14 replies
    • 2,618 views
  11. Rodent


    What if Saudi Arabia decided to exit OPEC's production cut deal as soon as its IPO is launched? They need higher oil prices to...
      

    • Rodent Replied
    • 2 replies
    • 2,311 views
  12. Rodent


    Mexican light crude is being kept at home, limited how much is available for export. Guess who's gonna fill the gap left int he...

    • Rodent Replied
    • 3 replies
    • 1,918 views
  13. Marina Schwarz


    Five Oil Signals to Watch in 2018 Nothing really new or surprising except the possibility of disruptions in Iran. Things seem pretty calm there right...
      

  14. TS


    Oil truckers in the Permian Basin (Texas) who were fired when oil prices tanked in 2014 are now back in high demand as prices...
      

  15. OS


    I had no idea that leading a Chinese state-run oil giant was so .. not lucrative. The recently resigned chairman of state-run Sinopec reportedly...
      

    • LAOIL Replied
    • 4 replies
    • 1,974 views
  16. OS


    With all the bullishness raging on in oil now, especially after Libya's pipeline attack that took some 90,000 bpd offline for at least a...
      

    • LAOIL Replied
    • 3 replies
    • 1,831 views
  17. Marina Schwarz


    Exxon's started exporting gas from Argentina's Vaca Muerta shale. I don't think OPEC are factoring Argentina's shale oil and gas into their plans, I...
      

  18. SM


    CEO Bob Dudley no longer sees U.S. shale being the swing producer he thought it would be. Could this be smokescreen for soaring, record shale...
      

    • Stephen Replied
    • 2 replies
    • 1,655 views
  19. SM


    http://money.cnn.com/2017/12/03/news/economy/murkowski-senate-tax-bill-alaska-wildlife-oil-drilling/index.html I love then they say that the tax cuts will help middle class. There is no middle class in US anymore  

    • Stephen Replied
    • 13 replies
    • 2,198 views
  20. PT


    Saudi Arabia expects oil revenue to jump about 80 percent by 2023 to help the kingdom record its first budget surplus in a decade
      

  21. Marina Schwarz


    Saudis Expect Oil Revenue to Increase 80% by 2023 I can't help wondering if someone woke up thinking "Let's produce some news" or all that...
      

  22. JT


    US administration has paused its funding for a major study meant to improve how regulators enforce offshore oil and natural gas drilling safety.  
      

    • Joanna Replied
    • 15 replies
    • 2,519 views
  23. AS


    Despite the ongoing struggle for control of Libya's oil wealth (and this is probably going to go back and forth for some time to...
      

    • Seleskya Replied
    • 0 replies
    • 1,975 views
  24. AS


    They've announced that the Forties pipeline for North Sea oil is going to restart ... oil prices haven't really responded to that. Still stable...
      

  25. AS


    Here some good perspective on where oil demand might be headed, when you put all the demand forecasts from the EIA side by side...
      

    • Seleskya Replied
    • 0 replies
    • 1,927 views
  26. Rodent


    Yes.... yes... YES! It is rig count day! Number of oil rigs up, or down?

    • Rodent Replied
    • 1 reply
    • 1,704 views
  27. OS


    Interesting story on this 'think tank', Heartland, which was funded by Big Oil to get the Climate denial message out, but is now out...
      

    • LAOIL Replied
    • 1 reply
    • 1,764 views
  28. SP


    Italian Eni SpA succeeded in producing gas from the Mediterranean's largest gas field Zohr.  Nobody believed they would do it but  pumping began this...
      

    • Selva Replied
    • 1 reply
    • 2,448 views
  29. Rodent


    I wondered who would be the first to capitalize on the debacle that is PDVSA/Venezuela. I hadn't figured it would be Canada.  Canadian miner Crystallex...
      

    • Rodent Replied
    • 0 replies
    • 1,390 views
  30. Rodent


    Not sure how far these changes will go, but FERC says oil and gas pipeline approval process will be reviewed. Also, it will tighten...

    • Rodent Replied
    • 0 replies
    • 6,050 views