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OPEC Considers Suspending Russia From Oil Deal
Some OPEC members are mulling over the possibility of suspending Russia from the OPEC+ deal that limits the amount of crude oil that each...- Mark Sloan Replied
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bosphorus strait shutdown
entire strait shut down after tanker crash https://www.kuna.net.kw/ArticleDetails.aspx?id=2707088&Language=en- Rodent Replied
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RV Shipments Soar 43% in November
I put this article in oil because it's part of a long term trend in oil consumption as RVs are typically not very economical. ...- Guy Daley Replied
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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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- 2,588 views
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Canadian Crude Discount Booms to $40
To be sure, the $40 discount is only for some contracts for lower-grade crude but even the higher grades sell $32 cheaper than WTI....- Marina Schwarz Replied
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Iraq Pumps at Record Rate
While everyone's staring at Iran, neighbor and former enemy Iraq has hit a record production rate if we are to believe the oil minister....- Marina Schwarz Replied
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Why do the big players think they can do better?
I have a question for you... Why do the major players who are moving into the Permian, and other shale plays, think they can make...- Douglas Buckland Replied
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- 1,119 views
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Reconfiguring refineries for LTO?
My uneducated understanding is that refineries can be reconfigured a little bit for a small amount of money, but larger changes in feedstock or...- Dan Clemmensen Replied
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U.S. House passes bill to lure Europeans away from Nord Stream 2
The House of Representatives of the US Congress voted on Monday for the bill on assisting Central and Eastern European countries to diversify energy...- PaulMartin Replied
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Rosneft Q4 Profit More Than Doubles To $1.7bn
Russia's top oil producer Rosneft reported a more than doubling of profit in the fourth quarter of 2017. Rosneft said the world's largest listed...- Petar Replied
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- 1,416 views
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Oil in the age of coronavirus: a U.S. shale bust like no other
@Mike Shellman in the news today, on Reuters. Oil in the age of coronavirus: a U.S. shale bust like no other HOUSTON/DENVER (Reuters) - Texas oilman Mike...- Tom Kirkman Replied
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Nigeria Gives Up on $74B
This article estimates that Nigeria has forfeit about $74 billion by not prosecuting fraud cases, mostly involving the oil industry. http://saharareporters.com/2018/02/15/‘10-corruption-cases-can-fetch-nigeria-745billion-n25trillion’-falana Will they ever have the...- Rodent Replied
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- 1,855 views
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At present what direction will crude oil price follow?
At present what direction will crude oil price follow? Of recent, we are witnessing gradually fall in price of crude oil, but within some minutes...- CHIBUEZE Replied
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Texas Supreme Court May Look for New Evidence to Rewrite Your O&G Contract
This is a new twist for me, and I'm pretty familiar with many Oil & Gas contract Terms & Conditions. SCOTUS May Look for New...- Tom Kirkman Replied
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Regina refinery on lock-out
The "Co-operative Refinery Complex," known generally as the "Co-op," is currently in a labor conflict, with management locking out some 800 refinery workers. The...- oil sands canada
- upgrader oil
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- Jan van Eck Replied
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Eni's "Mission Impossible"
Italian Eni SpA succeeded in producing gas from the Mediterranean's largest gas field Zohr. Nobody believed they would do it but pumping began this...- Selva Replied
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- 2,408 views
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Texas considers proposal to cut oil and gas production as prices plummet due to coronavirus
Judging by the amount of advertising and self-promotion shoehorned into this local news web page, local news media are hurting too. More ad crap than...- Tom Kirkman Replied
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- 1,091 views
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Oilmageddon, Zeihan's take
His newsletter is not online yet, so go to the newsletter section tomorrow to get it. In the meantime, this is interesting on his...- 0R0 Replied
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- 13,255 views
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Petrostates stare into the abyss of a life without oil cash
Expecting upheaval, uprisings and open warfare soon in Middle East petrostates, where countries that derive 80% or so of their income from oil revenue...- Tom Kirkman Replied
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- 1,261 views
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Oil floating storage
From a surge in share prices to a collapse of circa 20%, oil tanker stocks have taken a beating over the last few days....- Bilaal Nabi Replied
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Has the US partially abandoned its long-time ally in its hour of need? Greece to lend Saudi Arabia a Patriot air defence system to protect its oil fields
Greece, a NATO member and a country that often faces forms of Turkish hostilities on its doorstep, and Saudi Arabia have signed a deal...- hemanthaa@mail.com Replied
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Trump Feeds Oil Markets False Hope
For the Trump haters, here ya go. Have at it. You're welcome. Trump Feeds Oil Markets False Hope- Tom Kirkman Replied
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- 1,159 views
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How a Climate-Denial 'Think Tank' Funded by Big Oil is Now Biting the Hand that Feeds It
Interesting story on this 'think tank', Heartland, which was funded by Big Oil to get the Climate denial message out, but is now out...- climate
- climate change
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- LAOIL Replied
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Europe losing out on oil quality as Russia diverts to China for market share
Battling for Asian market share with OPEC and US, Russia is diverting higher-quality crude cargoes from Europe to China. Something's got to give. Europe's...- TraderTate Replied
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China’s self-declared districts in South China Sea illegal, says The Philippines
China continues to pursue oil & gas claims in the disputed regions of the South China Sea (which should be renamed the South Asia Sea in...- Tom Kirkman Replied
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Oil Sanctions Never Had A Chance
For much of the time since the cap was imposed, Russia’s oil—which does not only include Urals—has been trading above $60. Not only are Russian...- Mark Sloan Replied
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Future Investment Initiative is launched. So what now?
Today was launched in the middle of a growing outcry the FII by the House of Al Saud with attendants mostly from Russia, China,...- saudiarabia
- oil
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North Korea Fuel Prices Plummet
So much for the US wanting China to nix oil shipments to NK. North Korea diesel prices fell 60% month on month as Russia exports...- north korea
- russia
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- Rodent Replied
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- 1,909 views