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Legacy Reserves to file for bankruptcy as oil and gas price downturn prompts financial restructuring
Legacy Reserves Inc.'s stock down -57.35% after the oil and gas company said it expects to file for bankruptcy, in an effort to facilitate...- Falcon Replied
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- 1,377 views
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Legendary Oil Trader "End of Demand Growth In Sight
"Electric cars and Renewables." Novel thought " He quoted Sheikh Ahmad Zaki Yamani, Saudi Arabian oil minister who famously said that the Stone Age didn’t come...- Jabbar Replied
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- 907 views
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Let Big Oil die in peace
The stock exchange speaks: Crude oil is no longer worth anything. Companies are falling in rows, investments are unthinkable, parts of the branch are...- Wolfgang Horn Replied
- 13 replies
- 6,772 views
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Let the US Leases Begin!
Despite protests (of course), Lease sale goes on as planned in Utah. Contrary to those who thought companies wouldn't be interested, 51,000 acres were...- Rodent Replied
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- 1,396 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
- 2,459 views
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Let's just get rid of the Jones Act once and for all
Get rid of this 100 year old law already There is no disagreement that the Jones Act raises the prices of goods shipped between ports...- Ward Smith Replied
- 22 replies
- 6,209 views
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Let's Talk Oil Conspiracy Theories
You know who higher oil prices are good for? Renewables. What if OPEC flooded the market with oil on purpose not because it didn't...- Rodent Replied
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- 2,626 views
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Let's try to link the recent events back to the situation with oil production and pricing
The astonishing developments around the world resulting from the release from China of that nasty virus, and the resulting economic collapses, also has a...- Jan van Eck Replied
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- 3,945 views
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Let’s take a Historical walk around the Rig
Let’s have some more fun as the last post did so well trying to inject some history or experience into this forum. >sarc< Question -...- James Regan Replied
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Level-Headed Analysis of the Future of U.S. Shale Oil Industry
Recommended reading, as it covers both pros and cons without the usual hyperbolic hysterics from either camp. 2 thumbs up to the author. 👍 👍 Is the...- Tom Kirkman Replied
- 30 replies
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Liberal Heads Explode as U.S. Senate Confirms Oil Lobbyist David Bernhardt as Interior Secretary
Bwahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha Heh heh 🤣 The panicking over-reaction and bluster ... it's ... beautiful! BAAAAAAAAAWWWWWW! Clearly, the new Secretary of the Interior is not going to bow down and...- Tom Kirkman Replied
- 5 replies
- 2,601 views
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LIBOR Phase-Out: Considerations For Oil, Gas Companies
LIBOR Phase-Out: Considerations For Oil, Gas Companies With more than $370 trillion of global financial contracts referencing LIBOR (London Inter-bank Offered Rate), many oil and...- ceo_energemsier Replied
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- 1,021 views
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Libya could flare up if Saudis Send some of the TOS-1A Sontsepek Rocket Launchers they just bought from Russia to their friend Haftar of LNA. That would be good for $5 increase Brent.
Brent gets close to breaking support at $60 . . . . surprise. UAE, Saudi Arabia, Egypt, France and Russia are Haftar's supporters. Haftar's went...- Falcon Replied
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Libya Outage Fails to Prop Up Prices. What's Next in Oil Shocks?
Yeah, glut, yeah, economic slowdwn, yeah, sanction waivers. I think the most telling sign oil markets will never be the same again was (dramatic...- Marina Schwarz Replied
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- 1,701 views
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Libya Reaches 1 million bpd... Again... Then...
Shocker. Libya reaches 1 million bpd, and holds there for just days before new protests derailed it yet again. If you're looking for stable...- Rodent Replied
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- 1,279 views
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Libya Shuts In 150,000 bpd of oil as all ports closed
Just in today: "Libya has closed all its oil loading terminals due to bad weather, and soon-to-be-full storage tanks will lead to a shut-in of...- Rodent Replied
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- 1,189 views
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Libya to Restart Closed Oilfield, Add ~60,000 bpd to Glut
Libya is planning to restart its Wintershall oilfield. That would put some 57,000 bpd of new supply into the market.- Kate Turlington Replied
- 10 replies
- 2,404 views
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Libya: When Will Trump Tweet to NOC?
NOC's chairman is saying production in Libya is falling by the day with all the export terminals closed. How long before Trump starts yelling...- Marina Schwarz Replied
- 3 replies
- 2,043 views
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Libya's El Feel Shuttered
Another disruption in Libya... Oil prices are up, will it hold? OPEC should thank its lucky stars for disruptors such as Libya and Venezuela....- Rodent Replied
- 2 replies
- 1,833 views
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libya's oil disruption to send oil prices up?
another attack at es sider. https://www.platts.com/latest-news/oil/dubai/libya-oil-output-drops-by-70000-100000-bd-after-26946523 https://www.reuters.com/article/libya-oil/libyan-oil-pipeline-attacked-by-terrorist-group-idUSL8N1RY0LQ?rpc=401&- Rodent Replied
- 4 replies
- 2,511 views
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Libya’s Fragile Peace Is A Major Oil Market Risk
The relentless oil price is causing economic havoc around the world, and Libya represents a major supply risk that could send prices even higher. The...- Mark Sloan Replied
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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
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Libyan Oil Workers Abducted, Sharara Production to Fall
I missed the next potential drop in Libyan oil production after the abduction of oil workers from the Sharara oilfield over the weekend, following...- Seleskya Replied
- 1 reply
- 2,080 views
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Libyan situation getting worse, ISIS attack oil facility
Is Libya becoming another serious threat to global oil price. https://www.reuters.com/article/us-libya-oil-attack/three-killed-in-suspected-islamic-state-attack-outside-libyan-oilfield-idUSKCN1SO0CP- James Regan Replied
- 1 reply
- 1,490 views
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Lifting The Oil Price Is Easy. Block The Persian Gulf - - - Forbes
Now seems a good a time as any for U.S. to pull out of the Middle East and let the oil dictatorships eat each...- Tom Kirkman Replied
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- 1,442 views
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Lips Sealed on Oil Prices: OPEC
OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group...- opec
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- Marina Schwarz Replied
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- 3,299 views
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Long knives coming out for MBS? Another attack on Aramco facilities seems inevitable.
The rumblings by the Saudi 1% and the thousands of royal princes against MBS seem to be intensifying. To me, another (even larger) attack against Saudi...- Tom Kirkman Replied
- 2 replies
- 1,261 views
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Long Range Attack On Saudi Oil Field Ends War On Yemen
Hoo boy, this is a scattershot opinion article, overflowing with political rhetoric. *But* - - - it nails home several stinging points that most...- Tom Kirkman Replied
- 16 replies
- 4,503 views
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Look at the LONGER TERM bigger picture of international oil & gas. Ignore temporary hiccups.
Here's what I posted yesterday morning (Friday around 6am) in a huff over on Linkedin (different audience than here, about half of my connections...- Tom Kirkman Replied
- 6 replies
- 3,443 views
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Look in the mirror for climate change
In the decades and centuries before 1900, man could travel as far as he could walk or as far as his horse would take...- Ronald Stein Replied
- 1 reply
- 1,768 views