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API says crude oil inventories are down
Hip, hip, horray for the bulls as API reports a bigger than expected crude draw. Gasoline inventories up for weeks on end, but smaller...- Rodent Replied
- 0 replies
- 1,432 views
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What About Big Oil and Sexual Harassment?
With the "fall of Men" going on over sexual harassment in nearly every segment of industry, policy, entertainment, etc. does anyone know if it's...- Kate Turlington Replied
- 16 replies
- 3,749 views
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A Battery-Powered Oil Platform?
Woodside and ABB will replace one of the gas turbines on Woodside's Goodwyn platform with a battery pack. "Woodside said the battery installation would reduce...- Marina Schwarz Replied
- 3 replies
- 2,997 views
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Cuba takes over Venezuela stake in refinery joint venture
Venezuela has pulled out of a partnership with Cuba in its Cienfuegos oil refinery and the Caribbean island has taken full ownership of the...- Joanna Replied
- 29 replies
- 9,016 views
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Arctic Oil at what cost?
Economy over environment? The new tax bill includes a provision to allow oil development in the massive Arctic National Wildlife Refuge ... which Big...- LAOIL Replied
- 4 replies
- 2,221 views
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Cuban-Russian energy agreement in sight
Cuban President Raul Castro and the head of Russian oil company Rosneft met in Havana this weekend. Is it a latest sign of the two...- Petar Replied
- 0 replies
- 1,999 views
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Saudi Billion-Barrel Refining Experiment in Egypt
The Saudis are now stepping up their refining experiment in Egypt, with data for November and December showing they've sent 1 billion barrels of...- saudi arabia
- aramco
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- Kate Turlington Replied
- 0 replies
- 1,599 views
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Nigeria Strike Threatens Oil Production Again
Strike talks stall in Nigeria again after talks about workers who were layed off stall- Rodent Replied
- 0 replies
- 1,448 views
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Iran-Iraq Giant Oilfield Up for Grabs this Summer
The Azadegan Oilfield, owned jointly by Iran and Iraq is going to be tendered in summer 2018 ... This is huge: an estimated 33...- Kate Turlington Replied
- 2 replies
- 2,343 views
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HAPPY RIG COUNT DAY, OIL TRADERS!!
yep, that's right, folks. It's RIG COUNT DAY--only the single biggest, bestest day of the whole darn oil trading week. Some might say EIA...- Rodent Replied
- 3 replies
- 2,620 views
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European natural gas market proves resilience in face of unplanned outages
The EU's gas grid is, however, certainly more resilient to gas supply shocks today than in 2009, when Russian gas supplies to the EU...- JohnAtronis Replied
- 7 replies
- 2,024 views
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2017 Was a Year to Remember for Cheniere Energy, Inc.
If you look Cheniere Energy in 2017 you probably won't be too impressed. But that's not where the real action is for this liquified natural...- JohnAtronis Replied
- 3 replies
- 1,868 views
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What exit strategy will work for OPEC?
OPEC and Russia have started talking about exit strategy, quietly for now, but I expect we'll be hearing more about it next year. I...- Marina Schwarz Replied
- 4 replies
- 2,042 views
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Serbian-Russian's oil giant in expansion on East Europe
Something "fresh" from my country. NIS, state oil firm, which was mostly under Russia's Gazprom Neft is planing to invest $2.2 billion in new...- gazprom
- russian oil
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- Petar Replied
- 7 replies
- 2,579 views
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Gazprom signs deal with Iran
Russia’s top gas producer Gazprom has signed a roadmap on implementation of projects in Iran and a memorandum of understanding and cooperation on an...- Stephen Replied
- 6 replies
- 5,496 views
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Goldman Says Big Oil Will Have Best Year in Decades
Goldman sachs says 2018 will be one of the best years for Big Oil in decades, calling an end to the Big Oil's slump.- Rodent Replied
- 3 replies
- 2,043 views
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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
- 3,570 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
- 2,491 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
- 2,615 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
- 1,976 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
- 2,134 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
- 2,438 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
- 3,042 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
- 2,183 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
- 19,471 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
- 2,504 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
- 0 replies
- 1,542 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
- 4,439 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
- 2,428 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
- 1,839 views