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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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- 1,682 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
- 2,641 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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- 2,147 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
- 1,663 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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- 2,010 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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- 2,393 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
- 0 replies
- 8,087 views
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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
- 2,954 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
- 3,355 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
- 2,253 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
- 1,712 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
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- 1,843 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
- 1,569 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
- 2,146 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
- 2,303 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
- 1,849 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
- 2,134 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
- 2,399 views
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Nigeria Oil Workers Kidknapped
Not even a week after Delta Avengers made additional threats, some oil workers in Nigeria were kidnapped at gunpoint. It's tragic, but at the...- Rodent Replied
- 3 replies
- 4,680 views
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BofA Forecasts Peak Oil in 12 Years
Oil demand to peak by 2030 due to EV adoption, says BofA. These forecasts are getting increasingly confusing. Just the other day a Mazda...- bank of america
- oil
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- Marina Schwarz Replied
- 5 replies
- 2,077 views
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OPEC lifts oil prices again.. with talk
“There is a readiness to continue cooperation beyond 2018...The mechanism hasn’t been determined yet, but there is a consensus to continue,” Saudi Arabia’s Energy...- Marina Schwarz Replied
- 5 replies
- 1,743 views
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Oklahoma Drilling Rig Explodes, 5 Missing
Red Mountain Energy was operator. No fatalities confirmed yet.- Addy Replied
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- 1,334 views
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Govt Shutdown Wont Disrupt Oil Data
EIA is still going to publish weekly report this week despite gov shutdown. Nice to know oil markets will have another catalyst other than...- Rodent Replied
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- 1,492 views
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Another Rig Loss
US drillers lost rigs this week--the second loss in three weeks. Production was still up last week. Permian basin still hot hot hot, adding...- Rodent Replied
- 1 reply
- 6,838 views
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Iranian Oil Tanker Could Be About To Explode
Damn, it looks like that Iranian oil tanker could be about to explode.... https://oilprice.com/Energy/Energy-General/Iranian-Oil-Tanker-Engulfed-In-Flames-Following-Collision.html- TomTom Replied
- 11 replies
- 2,335 views
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Keystone XL pipeline gets enough shipper support to go ahead
TransCanada Corp. has enough customer interest to go forward with the Keystone XL oil pipeline, if the company decides to build it. The Calgary-based company...- Stephen Replied
- 8 replies
- 2,417 views
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US Administration drops Florida from offshore drilling
The surprise move by the Trump Administration to reverse plans for new offshore oil and gas drilling off the coast of Florida quickly spurred...- Joanna Replied
- 15 replies
- 2,876 views
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Russian pipeline catches fire
Transneft pipeline caught fire today in Russia after a leak caused by pressure loss. 7500 sq meters of fire at last report.- Rodent Replied
- 2 replies
- 5,018 views
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Shooting Suspect in DAPL protests Arrested ... Again
suspected shooter in a DAPL protest (for firing at officers) was let out of her halfway house prior to trial to attend adult learning...- Rodent Replied
- 0 replies
- 1,285 views
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Hard to Tell What's Legit From Venezuela
Venezuela said over the weekend that it managed to lift oil production for December. How likely is this? How much discrepancy is there going to be...- Rodent Replied
- 5 replies
- 1,890 views