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Forties Crack Under Investigation
Poor Ineos. The cause of the pipeline crack is now being investigated. But that's not normal protocol for a crack. So something odd must...- Rodent Replied
- 1 reply
- 1,438 views
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US to open Atlantic and Arctic offshore leases in new drilling plan
The U.S. Interior Department will open up the largest area on record to offshore oil and gas drilling in a new five-year leasing plan,...- atlantic coastline oil
- gulf of mexico
- (and 1 more)
- Joanna Replied
- 7 replies
- 1,835 views
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New Mexico Moves Up In The Oil World
Thanks to extra investments in the Permian, New Mexico is now the third largest oil and gas producer in the nation, behind North Dakota...- Rodent Replied
- 0 replies
- 1,662 views
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New Mexico Moves Up In The Oil World
Thanks to extra investments in the Permian, New Mexico is now the third largest oil and gas producer in the nation, behind North Dakota...- Rodent Replied
- 0 replies
- 1,658 views
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Weird Story--Football coach misses out on oil price-tied bonus
Arizona wildcats football coach fired... just before getting an over $3-million bonus based on some mysterious oil stock bonus. Apparently some anonymous donar gave...- Rodent Replied
- 2 replies
- 1,507 views
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Last API Inventory Data for 2017 due today
Analysts predict another crude oil draw, which would make five draws in five weeks. We're talking over 50 million bpd in total draws since...- Rodent Replied
- 1 reply
- 1,774 views
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Let's Hear It For Venezuela! Saving OPEC's Booty Again
OPEC's December production is about status quo... overall, that is, according to Bloomberg calculations. But if it weren't for Venezuela's 50,000 bpd drop from November...- Rodent Replied
- 4 replies
- 2,079 views
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US Proposes Easing Offshore Oil Drilling Safety Regulations
The U.S. Interior Department proposed eliminating some safety regulations for offshore oil and gas drilling that the Obama administration put in place after BP’s...- Joanna Replied
- 9 replies
- 2,729 views
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Petrobras to pay $2.95 billion to settle U.S. lawsuits
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...- Meanwhile Replied
- 6 replies
- 1,862 views
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Environmentalists Argue Necessary Defense
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...- Marina Schwarz Replied
- 0 replies
- 1,623 views
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Bioplastics Challenge Big Oil
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...- Marina Schwarz Replied
- 0 replies
- 14,777 views
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Canada - $84 billion abandoned In oil-gas sector
In 2017 alone, $ 84 billion worth of investments were never realized in Canada's oil and gas sectors. Liberal polices are the main reason...- Petar Replied
- 7 replies
- 2,190 views
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2018-Crucial year for UK shale?
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
- 2,406 views
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Saudi Arabia and the UAE Bring in the VAT For The First Time in History
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
- 1,988 views
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US to overtake Russia as top oil producer
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
- 1,499 views
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Russia grabs more Asian market share as pipeline starts
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
- 1,304 views
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Iran's Oil Revenues Up More Than 50% YoY
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...- iran
- oil production
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- Rodent Replied
- 0 replies
- 1,461 views
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Russia daily oil production hits new high in 2017??
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
- 1,405 views
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BP Expecting bigger earnings in 2018
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%...- bp
- tax reform
- (and 2 more)
- Rodent Replied
- 1 reply
- 1,635 views
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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
- 1,504 views
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Should American Oil Join OPEC, and Will Russia Stay OPEC-Friendly?
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
- 1,919 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
- 1,789 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
- 1,562 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
- 1,891 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
- 1,418 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
- (and 1 more)
- Rodent Replied
- 1 reply
- 1,586 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
- 1,983 views
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BP says shale's influence over oil market waning
Bob Dudley say US shale will have limited efect, and players like Saudi Arabia will have more juice when it comes to market swings....- Rodent Replied
- 1 reply
- 1,500 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
- 2,345 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
- 1,594 views