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Oil Divestments Continue
Another one bites the dust... Kommunal Landspensjonskasse, a Norwegian $70 Billion pension fund, announced today that it will exclude companies that derive revenue from oil sands.- Rodent Replied
- 1 reply
- 3,454 views
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BP blocked from buying Australian petrol stations
BP PLC suffered a setback to its post-Deepwater Horizon recovery plans after the Australian government said it would block a $1 billion deal that would...- JohnAtronis Replied
- 8 replies
- 2,217 views
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Venezuela Moves To Oust Dollar From Oil Trade - Could Russia Be Next?
and China as well https://seekingalpha.com/article/4131801-venezuela-moves-oust-dollar-oil-trade-russia-next- cryptocurrency
- venezuela oil
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- Stephen Replied
- 8 replies
- 2,365 views
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PDVSA Asks US, Russia For crude Oil... ?
PDVSA is asking to buy 4.2 million barrels of crude from US and Russia. They can't even unload what's sitting in their ports now....- Rodent Replied
- 1 reply
- 1,872 views
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Ernst&Young Say Oil and Gas Must Adapt To Cyberthreat NOW
http://www.ey.com/gl/en/newsroom/news-releases/news-ey-oil-and-gas-sector-must-adapt-now-to-rising-cybersecurity-threat 60% of organizations surveyed recently suffered a significant cyber incident, but only 17% feel confident they would detect a sophisticated cyber attack. A little...- Rodent Replied
- 2 replies
- 1,990 views
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Record year for U.S. oil export since 1970
By the end of 2017, oil export from U.S. to all parts of world will achieve record number. Beside Canada, China, ... U.S. oil has...- Pavel Replied
- 8 replies
- 2,211 views
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Ineos Force Majeure
Ineos declared, in a not so surprising development, a force majeure on ioil from its Forties pipeline- Rodent Replied
- 11 replies
- 2,767 views
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Africa's richest woman talking new jobs
In less than a month after being fired as head of Angola’s state-owned oil company, Isabel dos Santos, the daughter of former Angolan President...- JohnAtronis Replied
- 7 replies
- 2,072 views
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OPEC's New Who's Who Database
So I went to download OPEC's new Monthly report for November, only to discover I need to "register" by entering my name and email...- Rodent Replied
- 2 replies
- 19,339 views
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You Know Your Having A Bad Day When....
...you hold the world's biggest oil reserves and can't cut a check to Sinopec for $21 million to settle a five-year-old lawsuit. In other bad...- Rodent Replied
- 2 replies
- 2,331 views
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OPEC Production Down, US production UP
OPEC"s MMOR for November shows production lowest in six months. While Nigeria really upped its production by 95,800 barrels per day, Saudi, UAE, Angola,...- Rodent Replied
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- 1,477 views
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Can We Really Trust EIA Data?
Seems to be a flurry of accusers that EIA's data is wrong--to the ire of this writer for Seeking Alpha. https://seekingalpha.com/article/4131270-crude-oil-eia-bashers-check-numbers "Disappointingly, the outbreak of the...- Rodent Replied
- 2 replies
- 4,303 views
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Sistema sues Rosneft and Bashneft for $5,5bn
Now, this has to be political, right? https://www.energyvoice.com/oilandgas/158423/russian-firm-sistema-sue-rosneft-330-5billion-roubles/- Meanwhile Replied
- 3 replies
- 2,184 views
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Angola dropping off Big Oil investment list
Not sure if anyone's keeping an eye on Angola since the change in regime there, but high hopes for this massive venue seem to...- Kate Turlington Replied
- 3 replies
- 1,695 views
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UK gas prices jump 20% after explosion hits Austria’s main gas hub
In Britain, Europe’s biggest gas market, gas for immediate delivery rose 35% to 92p per therm, its highest level for four years. https://www.bloomberg.com/news/articles/2017-12-12/u-k-gas-surges-after-explosion-in-austria-tightens-supply- austria explosion
- italy state of emergency
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- Joanna Replied
- 4 replies
- 2,595 views
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Trump opening door for oil drilling off U.S. East Coast
https://www.bloomberg.com/news/articles/2017-12-11/trump-is-said-to-open-door-for-oil-drilling-off-u-s-east-coast- Joanna Replied
- 2 replies
- 1,654 views
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Kuwait appoints new ministers in Cabinet changes
nothing to worry about here, right? I guess the country has frequent cabinet reshuffles http://www.publicfinanceinternational.org/news/2017/12/kuwait-appoints-new-ministers-cabinet-changes- Meanwhile Replied
- 0 replies
- 1,398 views
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Britain's biggest oil pipeline shut for repairs
http://www.nasdaq.com/article/britains-biggest-oil-pipeline-shut-for-weeks-for-repairs-20171211-00833- JohnAtronis Replied
- 6 replies
- 2,227 views
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Alarming Number' of Suncor Employees Test Positive For Drugs and Alcohol
Oilsand ginat Suncor has big issues with alcohol and drug abuse among its employees. Even 73 incidents of employees testing positive for controlled substances since...- Adam Varga Replied
- 3 replies
- 1,758 views
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Russian oil "invasion" on Arctic and cut production
Russian expansion on Arctic, in last few years, is showing increase line. With three oil fields which has on cold Arctic, Russia is producing...- Pavel Replied
- 0 replies
- 1,469 views
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OPEC's oil production cut to end?
Are U.A.E. and Kuwait negotiating to cut production by june 2018, if oil market improves?! https://www.bloomberg.com/news/articles/2017-12-11/u-a-e-kuwait-target-june-for-talks-on-halting-oil-output-cuts?utm_content=energy&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid%3D=socialflow-twitter-energy- opec
- opec production cut
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- Petar Replied
- 0 replies
- 5,513 views
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OilCoin, the world's first legally compliant cryptocurrency backed by oil
How serious is this? https://www.prnewswire.com/news-releases/oilcoin-the-worlds-first-legally-compliant-cryptocurrency-backed-by-oil-300569307.html- Stephen Replied
- 5 replies
- 1,882 views
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Norway faces dilemma over oil fund without oil
https://www.ft.com/content/bd8187d8-db64-11e7-a039-c64b1c09b482- Stephen Replied
- 3 replies
- 1,656 views
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Big Oil hedging exposure to ... big oil
We've already seen Big Oil getting into renewables in a Big Way. Here's another example: Italy's Eni is looking to diversify into plastics, reportedly...- Seleskya Replied
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- 1,687 views
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Are OPEC Countries Vulnerable To Cyber Attacks?
Because of the oil sector digitization main oil producing countries have become increasingly vulnerable to cyber risks. This could force the shutdown of major...- Adam Varga Replied
- 0 replies
- 1,841 views
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Another auction bust
Arctic auction was a bust, now Mexico isn't getting any love either. https://www.reuters.com/article/us-mexico-oil/mexico-oil-regulator-cancels-deep-water-pemex-tie-up-auction-idUSKBN1E207E- Rodent Replied
- 3 replies
- 1,962 views
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Oil prices are rising
The announcement about oil workers strike in Nigeria and China's demand (crude oil imports rose to 9.01 million bpd) are the main reasons for...- Petar Replied
- 0 replies
- 6,350 views
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More Nigeria troubles
Union threatens national strike after workers dismissed...facing possible shutdowns if strike carried out.- Rodent Replied
- 2 replies
- 3,564 views
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Another auction bust
Arctic auction was a bust, now Mexico isn't getting any love either. https://www.reuters.com/article/us-mexico-oil/mexico-oil-regulator-cancels-deep-water-pemex-tie-up-auction-idUSKBN1E207E- Rodent Replied
- 0 replies
- 2,241 views
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Another auction bust
Arctic auction was a bust, now Mexico isn't getting any love either. https://www.reuters.com/article/us-mexico-oil/mexico-oil-regulator-cancels-deep-water-pemex-tie-up-auction-idUSKBN1E207E- Rodent Replied
- 0 replies
- 2,494 views