An Important Message For Oilprice Members

  1. PT


    Brazil’s state-run oil producer Petrobras agreed to pay $2.95 billion to settle U.S. class-action lawsuits over a massive corruption scandal that has damaged its...
      

  2. Marina Schwarz


    Environmentalists Try a New Argument in Court: It’s Legal to Break the Law to Save the Planet I'm not sure that's the best way to...
      

  3. Marina Schwarz


    Bioplastics are challenging Big Oil's grand plan to become all petrhochems and plastics producers in the distant future. Not sure how realistic this challenge...
      

  4. SM


    The UK’s shale gas industry is in a race against time to establish itself before climate change regulations shut it down. As its stands,...
      

    • Stephen Replied
    • 14 replies
    • 2,792 views
  5. TS


    Brent up to $66.20 and WTI up to $59.77 after news of an explosion of a pipeline in Libya. 
      

  6. SP


    These Gulf countries have attracted forein workers with the "no-tax life" promises for a long time, but the government now wants to increase their revenues...
      

    • Selva Replied
    • 6 replies
    • 2,237 views
  7. CB


    Still a lot of people talking about whether American oil companies should join OPEC ... and new topic of interest is whether Russia is...
      

    • Carlsbad Replied
    • 5 replies
    • 2,148 views
  8. Rodent


    BP is expected a higher post-tax earnings in 2018 thanks to corporate tax changes for 2018, it said today. Lowering from 35% to 21%...
      

    • Rodent Replied
    • 1 reply
    • 1,804 views
  9. Rodent


    US set to take over as world's largest oil producer in 2018--and Russia just hit a 30-year production high in 2017. 
      

    • Rodent Replied
    • 1 reply
    • 1,690 views
  10. Rodent


    East Siberia-Pacific Ocean oil pipeline extension began operating on the first day of the new year, which is set to increase Russia's market presence...
      

    • Rodent Replied
    • 0 replies
    • 1,453 views
  11. Rodent


    Iran's oil revenues up 56.8% year on year (Iranian year, which started in March 2017) to US$14 billion. Higher oil prices will have it...
      

    • Rodent Replied
    • 0 replies
    • 1,604 views
  12. Rodent


    Russia's oil production, according to Reuters, hit an average output of 10.98 million bpd in 2018--a 30-year high, despite its pact with OPEC. 2016 average bpd:...
      

    • Rodent Replied
    • 0 replies
    • 1,530 views
  13. 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...
      

  14. Rodent


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

    • Rodent Replied
    • 1 reply
    • 1,749 views
  15. 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...
      

  16. 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
    • 1,791 views
  17. 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
    • 2,095 views
  18. 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
    • 1,562 views
  19. 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
    • 1,756 views
  20. 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...
      

  21. 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
    • 2,161 views
  22. 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
    • 2,667 views
  23. 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
    • 2,374 views
  24. 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
    • 1,980 views
  25. 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...
      

  26. 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...
      

  27. 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
    • 2,058 views
  28. 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
    • 1,887 views
  29. 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...
      

  30. 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
    • 1,704 views