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Angola Has an Oil Problem
Angola's oil industry could be at a tipping point and not in a good direction: no interest in exploration from the industry, declining production...- Marina Schwarz Replied
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- 3,299 views
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Does oil price shocks impact on energy consumption?
The shocks in the oil price have a great effect on energy consumed through the demand side. This penetrates through the increase in the...- Longe Adedayo Emmanuel Replied
- 4 replies
- 3,297 views
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Why did Aramco Delay IPO again ? It's Not Always What It Seems.
Saudi Aramco hired TWO DOZEN of the World's most prestigious Investment Banks. They're going to pay them a reported FOUR HUNDRED FIFTY MILLION in...- Jabbar Replied
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BP's 2018 Profit Doubles To Five-Year High As Output Soars
BP joined its competitors in posting a strong 2018 performance, with a doubling of profits driven by strong growth in oil and gas output...- pinto Replied
- 6 replies
- 3,288 views
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What is the opposite of oil prices?
Dear users, I hope I am asking a logical question and hope to receive an answer. What commodities price does rise specifically just because oil...- Baran Replied
- 9 replies
- 3,286 views
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Venezuela can't meet promised June oil volumes.
platts: Venezuela's PDVSA has notified eight international customers it will not be able to meet its full crude supply commitments in June. PDVSA is contractually...- Rodent Replied
- 13 replies
- 3,284 views
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Iran vs Canada
Social media is something that I'm straying away from. Changing my mind and stuff is impossible when not allowed to delete previous posts. So I...- Danny Hangartner Replied
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- 3,277 views
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Negotiation
Question: if there's no further negotiation or agreement on trade between US and Iran , what next?- Dr.Masih Rezvani Replied
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- 3,276 views
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47 Oil & Gas Projects Expected to Start in SE Asia between 2018 & 2025
Wonderful news for Oil & Gas in Southeast Asia ! Long overdue. Indonesia and Malaysia Lead in Upcoming Oil and Gas Projects Count in Southeast...- Tom Kirkman Replied
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- 3,276 views
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Chevron CEO Says No New Refineries In U.S—Ever
Quote https://www.linkedin.com/posts/meredithpoor_chevron-ceo-says-no-new-refineries-in-usever-activity-6938641347490807808-Fdh6?utm_source=linkedin_share&utm_medium=member_desktop_web So lets see here - no methane to liquids conversions, no 'biocrude' refining, no oil excreting algae, no electrochemical ethanol or other fuel production...- Meredith Poor Replied
- 6 replies
- 3,275 views
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Bullish and bearish outlook for oil
The International Energy Agency (IEA) believes a recent spike in the oil price could soon start to ease, helping to alleviate concerns that surging...- Joanna Replied
- 9 replies
- 3,268 views
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Well from $74 we hit 67.xx now what?
Well, as you see, charts can predict future prices quite accurately. They can't predict the event though. But this is not saying you can...- Top Oil Trader Replied
- 5 replies
- 3,267 views
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Fossil fuels account for the largest share of U.S. energy production and consumption
Fossil fuels account for the largest share of U.S. energy production and consumption Fossil fuels, or energy sources formed in the Earth’s crust from decayed...- ceo_energemsier Replied
- 11 replies
- 3,266 views
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Crude Oil Types
We've talked about oil types somewhat--this is a great article about the different types of oil for anyone interested. https://oilprice.com/Energy/Crude-Oil/A-Detailed-Guide-On-The-Many-Different-Types-Of-Crude-Oil.html- Rodent Replied
- 4 replies
- 3,264 views
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$70 Oil [Brent] Continues to be My Hope for 2019
My hope for 2018 was an average of $65 oil (Brent). My hope for 2019 is an average of $70 (Brent). These are my own hopes and NOT price...- Tom Kirkman Replied
- 3 replies
- 3,261 views
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No Market: Iran Floats Surplus Oil As Demand Falls Ahead Of U.S. sanctions
Two tankers carrying Iranian condensate, a type of ultra-light oil, have been floating off the United Arab Emirates for about a month as demand...- ThunderBlade Replied
- 6 replies
- 3,251 views
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Saudi Production Cut or Demand Drop?
I have a thought question for the readership. Responses are requested. The headline from CNBC reads "Saudi Arabia cuts oil production in July". Does that...- William Edwards Replied
- 8 replies
- 3,247 views
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US Shale Economic Impact: GDP gain realized in shale boom’s first 10 years
GDP gain realized in shale boom’s first 10 years The U.S. shale boom—a product of technological advances in horizontal drilling and hydraulic fracturing that unlocked...- ceo_energemsier Replied
- 10 replies
- 3,245 views
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Costly Crowded Permian?
I was surprised to see the Permian referred to as "costly and crowded" by Reuters in this story. Wasn't it the cheapest place to pump oil...- Marina Schwarz Replied
- 1 reply
- 3,243 views
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Pruitt is out
Scott Pruitt resign from his position leading the Environmental Protection Agency (EPA) on Friday, following months of high-profile controversies regarding his spending, ethics and...- Sefko Trafikant Replied
- 6 replies
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Offshore drilling plan could add $590 bn to economy-API report
The oil and natural gas industry urged Interior Secretary Ryan Zinke to maintain his offshore drilling plan and open up federal waters from coast...- JohnAtronis Replied
- 5 replies
- 3,226 views
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Aramco Will List in Hong Kong, says HKEX Boss
"A deal in Hong Kong with the possibility of accessing, either now or later, the Chinese investing public works wonders for Saudi Arabia, for China, for...- Marina Schwarz Replied
- 4 replies
- 3,219 views
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Oil-sands recovery by solvents has started on a trial basis; first loads now shipped.
The first commercial shipment of 250 barrels of good-quality oilsands heavy oil has left the mining site in Utah, produced by a novel technique...- Jan van Eck Replied
- 8 replies
- 3,217 views
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Rosneft To Buy At Least 6 Million Tonnes Of Oil For $2 Billion In 2019
According to reuters, Russia’s largest oil producer Rosneft (ROSN.MM) will buy around 6 million tonnes of oil worth over $2 billion from domestic producers...- pinto Replied
- 7 replies
- 3,212 views
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Oil prices are being maneuvered
The United States has two objective behind keeping oil prices high: 1) it could keep shale producers making profit and 2) prompting Saudi Arabia...- Shabbir H. Kazmi Replied
- 5 replies
- 3,210 views
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India Could Cut Oil Imports
"With oil traders forecasting crude oil to rise to $100 (£76.5) a barrel by the end of the year, Indian refiners are considering cutting...- Marina Schwarz Replied
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- 3,209 views
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Word from DC the "Oil Diplomats" are negotiating a deal. Could culminate in Friday meeting and agreement that includes all G20 countries
I can confirm there are talks amongst the G20 Energy Ministers. From the sounds of it I'm guessing it may contain some type of price...- BLA Replied
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California City Sues Its Biggest Taxpayer, Chevron
Chevron is the biggest taxpayer and employer in Richmond, California. The city is suing it (again) on allegations that it is destroying its future...- Marina Schwarz Replied
- 5 replies
- 3,202 views
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How much technically recoverable oil and oil in place in the world?
All the info they give about is proven reserves but I cant find any info about currently uneconomic ones. What is the amount of...- M. Doruk Replied
- 4 replies
- 3,197 views