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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
- 2,154 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
- 1,959 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
- 1,753 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
- 1,767 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
- 2,393 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
- 1,494 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
- 1,385 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
- 2,785 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
- 2,040 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
- 1,814 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
- 2,006 views
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- Rodent Replied
- 1 reply
- 1,791 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
- 1,852 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
- 2,656 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
- 1,506 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
- 6,155 views
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U.S. Bank Caught Cheating on Anti-Oil Pledge
US Bank Declares End to Oil and Gas Pipeline Loans—Then Quietly Joins $4B Deal with Dakota Access Owner- Marina Schwarz Replied
- 0 replies
- 1,677 views
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Big Meat Worse than Big Oil
The meat industry is, apparently, a bigger producer of harmful emissions than Big Oil. Something for Big Oil to boast about.- Marina Schwarz Replied
- 3 replies
- 7,000 views
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Nigeria Oil Tracking
Nigeria is now saying it has achieved 98% automation when it comes to tracking its oil. It now says it can track every single...- nigeria
- automation
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- Rodent Replied
- 1 reply
- 1,818 views
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The Biggest Corporate Bribery Trial in History
Former executives from oil Royal Dutch Shell and Eni are to be tried on charges of aggravated international corruption for their role in a...- Selva Replied
- 7 replies
- 2,872 views
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Forties to return to normal operations in January
Supplies about 40% of all UK's daily oil and gas consumption, but still down, and will be down, according to Ineos, until "early January"....- Rodent Replied
- 0 replies
- 1,518 views
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$22 billion in Kazakh oil fund assets frozen
Speaking of corruption.... Kazakhstan's oil fund to the tune of $22 billion has just been frozen on grounds of corruption as a Moldovan investor...- Rodent Replied
- 3 replies
- 1,932 views
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Will China Really Stop Oil Flows?
US again is set to ask for a resolution to stop oil products flowing into North Korea. And again, many think China will not...- Rodent Replied
- 1 reply
- 1,642 views
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What's Next for Saudi Arabia?
So, there are plant to make Saudi Arabia a top tourist destination; a new renewables hub; now they're announcing nuclear power plans. What's next...- saudi arabia
- oil
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- Marina Schwarz Replied
- 0 replies
- 3,103 views
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Saudis Looking For A US Shale Deal --Inevitable
WSJ reporting that Saudi Aramco is looking to buy stakes in us shale.... hey, if you can't beat 'em... join 'em!- Rodent Replied
- 1 reply
- 1,695 views
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Most Meaningless Oil Law of the Year
France has passed a law banning oil and gas exploration. Wow. The country produces just 1% of what it consumes in oil. But they're...- Marina Schwarz Replied
- 4 replies
- 2,624 views
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BP says 2017 was a turning the corner year
BP's Dudley said BP had a turning the corner year in 2017, as its first year post-settling its over $60 billion in fines and...- Rodent Replied
- 0 replies
- 1,460 views
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Tatneft Throws Caution To The Wind, Defies Sanctions?
"Russian oil firm Tatneft ran Crimea fuel station, despite sanctions risk" https://www.reuters.com/article/us-ukraine-crisis-crimea-tatneft-exclusi/exclusive-russian-oil-firm-tatneft-ran-crimea-fuel-station-despite-sanctions-risk-idUSKBN1EE0SK?rpc=401&- Rodent Replied
- 1 reply
- 1,980 views
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OPEC Deal To Go Beyond 2018??
Rosneft is now saying that it isn't ruling out the possibility that OPEC may be extended beyond 2018... Merry Christmas oil bulls!- Rodent Replied
- 3 replies
- 5,198 views
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France Banning Oil in 2040
France passed an much expected law that bans oil and gas exploration by the year 2040--round about when oil is expected to reach peak...- Rodent Replied
- 1 reply
- 2,149 views