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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
- 2,261 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
- 4,614 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
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- Marina Schwarz Replied
- 5 replies
- 1,989 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
- 1,651 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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- 1,286 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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- 1,412 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
- 6,778 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
- 2,165 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
- 2,303 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
- 2,688 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
- 4,935 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
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- 1,245 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
- 1,788 views
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OPEC Revises UP Production Estimates for 2018
OPEC's MOMR, released today, has non-OPEC supplies increasing by 1.15 million bpd in 2018 (last MoMR had this estimated at 900,000 bpd). That's nearly...- Rodent Replied
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- 1,420 views
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China changes course - Restriction Of Oil Export for N.Korea?
China’s Commerce Ministry announced how they will limit exports of crude oil, refined oil products, steel and other metals to North Korea. The experience...- Pavel Replied
- 4 replies
- 1,969 views
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Nigeria Oil Sector Looking More Inviting
so.. after 17 long years, the legislature passed a bill that would reform Nigeria's petroleum sector. Senate approved late last year, now legislature. All...- Rodent Replied
- 0 replies
- 1,235 views
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Oklahoma Quakes Continue
New paper warns against salt water injection back into the ground with serious quakes in Oklahoma continuing. This topic seems to have lost its...- Marina Schwarz Replied
- 0 replies
- 2,163 views
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Oil Spill In Iraq Goes Unmentioned because it's commonplace?
Trying to wrap my head around this. TankerTrackers is reporting a possible oil spill in Iraq. "2ND UPDATE! We now have TWO anonymous industry sources...- Rodent Replied
- 3 replies
- 1,427 views
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API expected to report another draw in oil inventories today
API is expected to report an inventory draw for oil today of 3.588 million bpd, but both API and EIA data have been increasingly...- Rodent Replied
- 2 replies
- 1,763 views
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US oil production set to break record
US oil production set to increase to 10.3 million bpd next year, breaking a 1970 record of 9.6 million bpd. Between Feb 17 and...- Rodent Replied
- 3 replies
- 1,869 views
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Oil Industry Doesn't Even Want Public Land ...
Looks like the oil and gas industry only purchased 7% of the public land acres that the Bureau of Land Management offered up in 2017,...- LAOIL Replied
- 0 replies
- 2,481 views
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Europeans Talk Green, Drive SUVs
Car sales in Europe hit a ten-year high last year, with SUVs dominating the market. No mention what the portion of EVs in the...- Marina Schwarz Replied
- 1 reply
- 1,784 views
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China about to Drown Asia in Diesel
China is panting under a major glut of oil products that it is planning to dump on the regional market. That's a problem for...- Marina Schwarz Replied
- 0 replies
- 2,006 views
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BP to take $1.7B charge for Deepwater Horizon
BP said Tuesday it will take an additional charge of $1.7 billion (1.4 billion euros) in the fourth quarter of 2017 linked to the...- Stephen Replied
- 6 replies
- 1,895 views
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Chevron to restart drilling in Kurdistan
Chevron getting bold and fixing to restarting drilling in Kurdistan. This seems like a huge risk to me.- Rodent Replied
- 2 replies
- 1,840 views
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China props up solar demand
globally, almost $335 billion was sunk into renewable energy in 2017, almost half of this went to solar, and about 40% was from China.- Missy Replied
- 0 replies
- 7,026 views
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Norway awards record 75 oil exploration licenses
Norway has awarded a record 75 offshore oil exploration licenses, to Statoil, Aker BP Shell, Total and ConocoPhillips among others. The licenses comprised 45 in...- Joanna Replied
- 4 replies
- 1,546 views
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Shell Says So Long, Middle East
Lots of Shell news today. Shell's finished in Iraq... officially. https://www.reuters.com/article/us-iraq-energy-shell/shell-agrees-to-sell-its-stake-in-iraqs-west-qurna-1-oilfield-to-japans-itochu-idUSKBN1F41TO- Missy Replied
- 3 replies
- 1,923 views
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NYC sues oil companies, divests
Defendants include BP, Chevron, ConocoPhillips, ExxonMobil and Royal Dutch Shell. I see they have one of the largest smog problems in america, but when it comes...- Rodent Replied
- 4 replies
- 2,671 views
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Shell approves development of gas field in North Sea
Royal Dutch Shell gave the green light on Monday for an expansion of the Penguins oil and gas field in the U.K. North Sea,...- Joanna Replied
- 5 replies
- 1,906 views