1. The stock exchange speaks: Crude oil is no longer worth anything. Companies are falling in rows, investments are unthinkable, parts of the branch are...


  2. A great graphic overview of the history of fracking.  Technical enough to make it absorbing to read, and the engineering concepts are explained (and...


  3. The US once imported million of barrels of light oil into ports on the coast of the Gulf of Mexico. The US is now exporting...
      


  4. The OPEC+ failed to push the oil price up by the measure that they classified as 'precautionary'. As the initial puff died down on...
      


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  8. The EIA recently began providing weekly storage capacity reports: https://www.eia.gov/petroleum/supply/weekly/wcrudeoilstorage.xlsx According to this report the US is only at 60% of capacity not including SPR. Adding...


  9.   Oilfield Proverb (for those at the cutting edge): Listen, all ye miserable sinners who have entered into the land of the tall derricks through the V-door....
      


  10. Not far fetched.  China has previously attempted this.  Will need to wait and see if China will set up a shell company and try...


  11. Interesting note regarding Tesla and the increase of Supercharger rates.  They subsequently reduced the increase by 10%, but make no mistake about it, Supercharger...
      


  12. How will AI change the petroleum industry?     Artificial intelligence (AI) has the potential to significantly impact the petroleum industry by increasing efficiency, improving safety, and...


  13. Self-Sufficient Floating Islands May Soon Become Reality By Irina Slav - Apr 08, 2019, 3:00 PM CDT https://oilprice.com/Energy/Energy-General/Self-Sufficient-Floating-Islands-May-Soon-Become-Reality.html https://docs.google.com/document/d/1qVfXz3jg-DS4WSvcIoEkji5fjI_vNrZny9ZQjmFjdn8/edit#   Join Our Community      
      


  14. So, is this the beginning of an upward price on oil?  The market showed lower production occurring from Saudi Arabia and oil is up...


  15. In a monthly report, the Organization of the Petroleum Exporting Countries said world oil demand next year would rise by 1.29 million barrels per...
      


  16. This is my humble attempt at defining some of the factors, that I opine, can bring down or stabilize the rising oil prices. Let's...
      


  17. The global oil market could move into deficit sooner than expected thanks to OPEC’s output agreement with Russia and to Canada’s decision to cut...
      


  18. It seems that Saudi Arabia is touting once more the imminent IPO of the state oil company. The announced great interest among investors puzzles me...
      


  19. Orphan well cleanup in Alberta could cost up to C$70 billion. They can't catch a break.  
      


  20. Seems I'm not the only one who thinks oil prices should be at around $65. For the last few years (2015 to 2017) I have...
      


  21. Perhaps a smarter person than me can answer this question. With WTI trading in negative territory (minus $56 from Brent as I write), why...


  22. That's what two anonymous (of course) sources told Reuters as Aramco is being audited independently. Now I want to see their reserve replacement rate...
      


  23. In this article by Robert Rapier, he says ExxonMobil does not own any gas stations in the USA. So, what is the working relationship...


  24. If you can spare 16-18 minutes of your time and actually are involved in the O&G Industry you may find this piece interesting, covers...
      


  25. Hoo boy.  The loons have gone waaaay past 11, and want to make it criminal to even question Climate Panic Armageddon. Asking questions is part...


  26. SInce we seem to be on the topic of Tedx Talks today, post your favorite energy-related Tedx talks here! (and when I say "we"...


  27. "One of the basic assumptions or “Paradigms” that is keeping a lid on the price of oil is the belief that U.S. oil production...
      


  28. < *cough* > Guess I'll just wait here quietly for indignant wailing, gnashing of teeth, and implications that I am a neanderthal science denier... And just...
      


  29. Shell and Total reported strong increases in first-quarter earnings as higher oil prices and rising production accelerated recovery at Europe’s two largest energy groups. Shell’s...
      


  30. U.S. President Donald Trump resumed his criticism of OPEC, saying on Twitter that the cartel “must get prices down now!” Trump’s fresh intervention in...