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Saudis want to cut production for 90 days. Of course they do. Cutting production is a Straw Man argument. It's the Exports that put Supply on the market.
Oil industry is cutting production around the world now. They have to , the storage is filling up. Which company has more storage around the...- BLA Replied
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COTC process seen doubling profits
Crude oil-to-chemicals (COTC), a new chemical process technology, could more than double the profitability derived from a barrel of crude oil, according to IHS...- oil tech
- value adding to crude oil
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- ceo_energemsier Replied
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Shell Doesn't Care about Production Growth
More wise words from Shell's Ben van Beurden: "This past quarter, he took that sentiment so far as to say that he doesn't intend to...- Marina Schwarz Replied
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Iran announces arrest of 16 oil ministry officials for spying for CIA
Iran vs CIA oil intrigue is heating up. Irina Slav on Oil Price main news site is also reporting about this. But first, here is...- Tom Kirkman Replied
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Lefties have become absolute nut bags : California governor wants investigation of high gas prices
California governor wants investigation of high gas prices https://finance.yahoo.com/news/california-governor-wants-investigation-high-003909187.html- left wing anti energy
- no oil
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- ceo_energemsier Replied
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Saudis to change the way they price oil
https://www.reuters.com/article/saudi-asia-oil-prices/update-1-saudi-aramco-plans-to-change-asia-crude-oil-price-formula-adopt-dme-oman-sources-idUSL4N1U021C?rpc=401& can someone dumb this down for me?- Rodent Replied
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Conspiracy theorist already starting that tanker sabotage was staged by the THREE PRINCES, MBS, MBZ and JCK
Just read a piece from fringe website that believes the sabotage was staged. MBS, Mohammed bin Salman (Saudi) MBZ, Mohammed bin Zayed (Emirates) JCK, Jared Corey Kushner...- Falcon Replied
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How will the Wuhan Virus crisis change U.S. - China relations going forward ?
Economically, Trade , Tourism, 360,000 Chinese College Students in U.S. , etc ? Will Europe continue to be China's obediant lapdog ?- BLA Replied
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Oil and natural gas play a critical role during pandemic
A bit of a reality check, amid the perpetual onslaught of fervent panic-mongering dished daily by the doomsday media. Op-Ed: Oil and natural gas play...- Tom Kirkman Replied
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Oil market roiled by too much gasoline, not enough diesel: Kemp - Reuters News
IMO, this is an obvious consequence of the post-2005 increase in global condensate production as a percentage of total global crude + condensate (C+C)...- Jeffrey Brown Replied
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What will Oil Industry look like a year from now ?
Going to be tough times for the industry. We know this. What about after the virus is a memory ? What will U.S. shale industry ...- BLA Replied
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ETNs like UCO, will they ever get off the single digits? if so how long?
Seeing that UCO (Proshares Ultra Bloomberg Crude Oil ETF) is hanging in the low numbers like 1.28 to 1.40, I wonder how long would...- Hector Oseguera Replied
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"Doc Leak Reveals Countries Lobby For Milder Climate Commitments" by Charles Kennedy
COP26: Document leak reveals nations lobbying to change key climate report A huge leak of documents seen by BBC News shows how countries are trying...- Tom Nolan Replied
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Iran sanctions: Countries shunning Iranian Barrels: India's IOC will lean on US, Saudi barrels to replace Iran's oil
India's IOC will lean on US, Saudi barrels to replace Iran's oil To also step up imports from Kuwait, UAE and Mexico IOC imports 9 million...- sanctions
- switch barrels
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- ceo_energemsier Replied
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- SKEP Replied
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Visualizing North Dakota Oil & Gas Production (Through July 2019)
This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive...- shaleprofile Replied
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Sinopec Expects 50% Jump in Profits
China's largest refiner is very upbeat about its 2018 performance, apparently, slowdown or no slowdown.- Marina Schwarz Replied
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OPEC Meeting: Sunday OPEC+ Meeting Should be Uneventful
The OPEC+ joint ministerial monitoring committee (JMMC) meeting on Sunday should be uneventful, at least according to Jason Gammel, an equity analyst at Jefferies. “OPEC...- ceo_energemsier Replied
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Offshore Drilling Contractors Take a BIG hit.
Jungle drums are beating and it looks like a few of the Contractors are preempting the inevitable. https://seekingalpha.com/amp/article/4331180-valaris-prepare-for-bankruptcy-after-recent-events Pacific and Noble sited to be in same...- James Regan Replied
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U.S. Shale Oil Output Seen Rising In July
According to EIA monthly drilling productivity report, U.S. oil output from seven major shale formations is expected to rise by about 70,000 bpd in...- AdrianC Replied
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Visualizing Permian Oil & Gas Production (Through July 2021)
This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use...- shaleprofile Replied
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Oil Industry Fiasco (sarcasm): A sector in disarray’: Oil majors live beyond their means on investor payouts, study finds
A sector in disarray’: Oil majors live beyond their means on investor payouts, study finds A Chevron drilling operation in Texas. A think tank that...- ceo_energemsier Replied
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American Petroleum Institute: We can meet demand as well as cut carbon dioxide emissions
AOC and ilk can go pound sand. Their contrived Climate Panic hysteria is utter nonsense. Political drivel and disinformation. American Petroleum Institute: We can meet demand as...- Tom Kirkman Replied
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- Falcon Replied
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Visualizing US Oil & Gas Production (Through April 2019)
This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the...- shaleprofile Replied
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Trading Houses See Lower Oil Prices in 2019
According to world's biggest oil traders, oil prices won’t rally and may fall further in 2019 as a slowing global economy and booming U.S....- Stormysaga Replied
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Philadelphia refinery fire extinguished; alkylation unit destroyed
Philadelphia refinery fire extinguished; alkylation unit destroyed The fire in the alkylation unit at Philadelphia Energy Solutions' refinery was extinguished Sunday, according to company spokeswoman...- ceo_energemsier Replied
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The Great Jawbone Battle
There's a really interesting article just published on CNBC, by Tom DiChristopher, casting OPEC's decision to cut production in a big way come the...- OilPro_Rolando Replied
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I hear we need a lot of new oil workers.
https://www.dailymail.co.uk/news/article-7118901/Venezuelan-former-oil-workers-enter-second-week-hunger-strike.html How about helping them to get out of Venezuela and use them temporarily in our oil fields until Venezuela is free and stable again?...- oil workers
- venezuela
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- ronwagn Replied
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Storage Demand Skyrockets as Saudi/Russia Ramps Supply and Demand Destruction continues
Two Questions: #1 How long will it take to fill the spare storage capacity ? #2 When capacity fills and serious competition starts how much lower...- BLA Replied
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- 1,140 views