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Big Oil not Interested in Norway's Arctic
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...- Marina Schwarz Replied
- 0 replies
- 1,615 views
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Venezuela Cryptocurrency Days Away
Or so says Venezuela. It will supposedly be backed by 5.3 billion barrels of oil worth $267 billion.- venezuela
- cryptocurrency
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- Rodent Replied
- 1 reply
- 1,694 views
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Shale Wells Are Getting Too Long
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...- Marina Schwarz Replied
- 0 replies
- 1,947 views
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Iran Export Crude Oil In Big Decrease
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
- 1,714 views
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Is china selling oil to NK Despite sanctions?
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
- 2,037 views
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U.S. offshore oil, gas drilling safety regs may soon relax
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
- 1,519 views
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Fatter US oil drilling budgets for 2018?
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
- 1,664 views
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New Arctic Well Spudded
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...- Meanwhile Replied
- 10 replies
- 2,484 views
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New Service For Cushing Oil Inventory Report
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
- 2,109 views
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China halts oil products' exports to North Korea
Last week, the UN Security Council unanimously voted in favor of the resolution to introduce new sanctions against North Korea for its continuing ballistic...- china north korea
- north korea sanctions
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- Stephen Replied
- 14 replies
- 2,603 views
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What if.....?
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
- 2,282 views
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Mexico's Failing Light Crude Opens Door For Light Tight from US
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
- 1,889 views
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Five Oil Signals to Watch in 2018
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...- Marina Schwarz Replied
- 0 replies
- 1,703 views
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Permian oil needs truckers, but truckers don't want to play anymore
Oil truckers in the Permian Basin (Texas) who were fired when oil prices tanked in 2014 are now back in high demand as prices...- permian basin
- crude
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- TraderTate Replied
- 11 replies
- 2,444 views
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Chinese State Oil Chiefs Get Paid Peanuts (by comparison)
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
- 1,945 views
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Barclay's calls sharp oil correction in 2018
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
- 1,809 views
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Can the Vaca Muerta Threaten OPEC's Plans?
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...- Marina Schwarz Replied
- 0 replies
- 1,671 views
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Is BP changing its tune on US Shale
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
- 1,631 views
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The Senate tax bill would allow oil drilling in Alaskan wilderness
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
- 2,165 views
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Saudis expect oil revenue to jump 80% by 2023
Saudi Arabia expects oil revenue to jump about 80 percent by 2023 to help the kingdom record its first budget surplus in a decade- Meanwhile Replied
- 0 replies
- 1,416 views
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Saudis Plan 80% Spike in Oil Revenues
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...- saudi arabia
- oil
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- Marina Schwarz Replied
- 0 replies
- 1,293 views
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US administration halts funding for drilling safety study
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
- 2,480 views
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Libyan Crude Production Hits 4-Year High
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
- 1,960 views
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North Sea Forties pipeline to restart early January
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...- north sea
- forties crude
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- Seleskya Replied
- 1 reply
- 1,686 views
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Some perspective on future oil demand
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
- 1,910 views
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- Rodent Replied
- 1 reply
- 1,685 views
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How a Climate-Denial 'Think Tank' Funded by Big Oil is Now Biting the Hand that Feeds It
Interesting story on this 'think tank', Heartland, which was funded by Big Oil to get the Climate denial message out, but is now out...- climate
- climate change
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- LAOIL Replied
- 1 reply
- 1,737 views
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Eni's "Mission Impossible"
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
- 2,423 views
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PDVSA's Citgo on the chopping block
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
- 1,370 views
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FERC set to make changes
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
- 6,027 views