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Russia Not Joining OPEC
Russia dispelled the myth today that it may join OPEC. Nope. Nada. Not gonna happen. Did anybody really think Russia would tie itself down...- Rodent Replied
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Iranian Tanker Makes Drastic Course Reversal As It Entered Turkish Waters
A bit of a head scratcher. Anyone wish to offer up theories? This is a bit unexpected. Iranian Tanker Makes Drastic Course Reversal As It...- Tom Kirkman Replied
- 10 replies
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A unusually revealing NYT opinion piece
In support of petroleum and the industry. https://www.nytimes.com/2021/02/05/opinion/fossil-fuel-oil-climate-change.html "The First Step Is Admitting You Have a Problem What my time working on a North Dakota oil patch...- turbguy Replied
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Saudis Set Sights On $80 Oil. I still think that $70 is a better relative balance than $80
So, no need for me to launch into my ad nauseum comments about how I expect oil prices to recover shortly, that $80 oil [Brent]...- Tom Kirkman Replied
- 5 replies
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Visualizing US Oil & Gas Production (Through May 2019)
This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive...- shaleprofile Replied
- 8 replies
- 2,606 views
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Exxon to build LNG terminal in China
Exxon Mobil says it signed a preliminary deal to build a multibillion-dollar petrochemical complex and invest in a liquefied natural gas terminal in China, despite trade...- Sefko Trafikant Replied
- 6 replies
- 2,605 views
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Lukoil Buyback
Since I have been trapped by investing in OIL trade, I care about oil trend as much as what should I cook my daily...- Keven Tan Replied
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- 2,605 views
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EPA Penalties Decline From Last FY
EPA penalties were significantly less this last fiscal year, partially under Trump administration. To be fair, part of it was under Obama and part...- Rodent Replied
- 4 replies
- 2,604 views
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Top Oil Traders See 2020 Prices Stuck in the $50s
Top Oil Traders See 2020 Prices Stuck in the $50s (Bloomberg) -- As the oil industry’s top executives gathered in London for one of the...- ceo_energemsier Replied
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Ukraine - The Russian Tipping Point
More US sanctions for Russia as geopolitical tensions rise but oil flows stronger than ever. https://www.youtube.com/watch?v=L_yG4ey9Jw4- Vlad Kovalenko Replied
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Middle East Remains Biggest Risk for Oil: Total CEO
Total’s CEO names his top risk for oil markets – and it’s not what you think Setting aside the clickbait headline, I think the Middle East...- middle east
- oil
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- Marina Schwarz Replied
- 2 replies
- 2,597 views
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Eni Turns Oil Platforms into Wave Power Generators
Engineers convert old oil rigs into wave energy sites I applaud everything that reduces waste of any sort. Well done, Eni.- Marina Schwarz Replied
- 5 replies
- 2,594 views
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80's GOM Oil Fam: Mid-80's Oil Glut Part Deux?
I was a little young, but all my family worked in either production or downstream. In the early 80's, the price per bbl was trading...- Houston Process Dude Replied
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Brazil's President Bolsonaro Appears Ready to Boost Oil Production
The wailing and gnashing of teeth from the anti-oil industry should be amusing. And time for a happy dance party to celebrate what looks to...- Tom Kirkman Replied
- 4 replies
- 2,593 views
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China halts oil products' exports to North Korea
Last week, the UN Security Council unanimously voted in favor of the resolution to introduce new sanctions against North Korea for its continuing ballistic...- china north korea
- north korea sanctions
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- Stephen Replied
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U.S. drillers expected to slash oil & gas rigs to lowest ever
Once oil prices recover a bit to more sustainable levels, I'm guessing that some investors will be hesitant to invest in fracking operations that...- Tom Kirkman Replied
- 3 replies
- 2,591 views
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Dinner with OPEC?
Barkindo is planning to have dinner with U.S. shale company executives on Monday in Houston. I'm less excited about the news of this, and more...- Rodent Replied
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- 2,590 views
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Lebanon open for oil exploration, finally
After a three-year delay caused by political paralysis in January Lebanon re-launched first licensing round for exploration and production rights in five blocks (1,...- lebanon oil
- lebanon israel
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- Meanwhile Replied
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Bakken Crude Flash Point - Will This Fuel Transportation Worries?
https://www.linkedin.com/posts/joe-dancy-8069637_bakken-ugcPost-6573709566205321216-kGz0 How many refineries can handle this light API-43?- James Regan Replied
- 6 replies
- 2,582 views
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Permian oil production from horizontal wells continued its upward trajectory in June, but productivity per lateral foot is stagnating.
Permian – update through June 2018 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions...- shaleprofile Replied
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- 2,581 views
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UK gas prices jump 20% after explosion hits Austria’s main gas hub
In Britain, Europe’s biggest gas market, gas for immediate delivery rose 35% to 92p per therm, its highest level for four years. https://www.bloomberg.com/news/articles/2017-12-12/u-k-gas-surges-after-explosion-in-austria-tightens-supply- austria explosion
- italy state of emergency
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- Joanna Replied
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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
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WTI
UAE energy minister says doesn't see requirement for earlier than scheduled OPEC+ meeting After the gains on Friday, oil is giving a decent amount back today with...- Dr.Masih Rezvani Replied
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OIL & GAS LOSSES! Schlumberger Posts $10B Loss in 2019
Schlumberger Posts $10B Loss in 2019 was $2.5 billion, a 14 percent sequential decline due to customer budget exhaustion and cash flow constraints. In its North...- ceo_energemsier Replied
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O&G now in the Magical Goldilocks Zone of $70 Brent
I'll say it again for dang near the thousandth time in the past 12 months or so ... I expect an average of $70 Oil...- Tom Kirkman Replied
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- Rodent Replied
- 5 replies
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O&G Operators & Mineral Owners Proprietary Well-Level Production Data is Now Accessible
Oil & gas production data challenge Anyone who has worked with oil & gas data knows that a huge amount of production data is available...- shaleprofile Replied
- 0 replies
- 2,574 views