1. Thanks to extra investments in the Permian, New Mexico is now the third largest oil and gas producer in the nation, behind North Dakota...


  2. Thanks to extra investments in the Permian, New Mexico is now the third largest oil and gas producer in the nation, behind North Dakota...


  3. Analysts predict another crude oil draw, which would make five draws in five weeks. We're talking over 50 million bpd in total draws since...


  4. The U.S. Interior Department  proposed eliminating some safety regulations for offshore oil and gas drilling that the Obama administration put in place after BP’s...
      


  5. In 2017 alone, $ 84 billion worth of investments were never realized in Canada's oil and gas sectors. Liberal polices are the main reason...
      


  6. Brazil’s state-run oil producer Petrobras agreed to pay $2.95 billion to settle U.S. class-action lawsuits over a massive corruption scandal that has damaged its...
      


  7. Environmentalists Try a New Argument in Court: It’s Legal to Break the Law to Save the Planet I'm not sure that's the best way to...
      


  8. Bioplastics are challenging Big Oil's grand plan to become all petrhochems and plastics producers in the distant future. Not sure how realistic this challenge...
      


  9. The UK’s shale gas industry is in a race against time to establish itself before climate change regulations shut it down. As its stands,...
      


  10. Brent up to $66.20 and WTI up to $59.77 after news of an explosion of a pipeline in Libya. 
      


  11. These Gulf countries have attracted forein workers with the "no-tax life" promises for a long time, but the government now wants to increase their revenues...
      


  12. Still a lot of people talking about whether American oil companies should join OPEC ... and new topic of interest is whether Russia is...
      


  13. BP is expected a higher post-tax earnings in 2018 thanks to corporate tax changes for 2018, it said today. Lowering from 35% to 21%...
      


  14. US set to take over as world's largest oil producer in 2018--and Russia just hit a 30-year production high in 2017. 
      


  15. East Siberia-Pacific Ocean oil pipeline extension began operating on the first day of the new year, which is set to increase Russia's market presence...
      


  16. Iran's oil revenues up 56.8% year on year (Iranian year, which started in March 2017) to US$14 billion. Higher oil prices will have it...
      


  17. Russia's oil production, according to Reuters, hit an average output of 10.98 million bpd in 2018--a 30-year high, despite its pact with OPEC. 2016 average bpd:...
      


  18. Big Oil is still reluctant to venture into the Arctic, even if it's Norway's Arctic. besides Eni and its Goliath project, apparently only Shell...
      


  19. Or so says Venezuela. It will supposedly be backed by 5.3 billion barrels of oil worth $267 billion.  
      


  20. Too long horizontal wells are straining pumpjacks. Time for a new tech breakthrough or time to rein in the length. I'd bet on the...
      


  21. A few of the biggest Iran importers in Asia, such as  China, Japan, S Korea imported near 30 percent  less oil crude from Iran...
      


  22. Seeing a lot of press about China selling oil to North Korea despite sanctions. Is this just a case of smuggling, or is China...


  23. The burden on the US oil industry may soon lighten as department of interior considers easing of safety regulations that were put in place...


  24. I expect US drillers to now increase their drilling budgets nicely for Q1/2 2018. Makes sense if they scaled back drilling budgets when prices...
      


  25. Oil exploration in U.S. Arctic waters got underway this week with the spudding of a new oil well from the man-made Spy Island in...
      


  26. https://www.cushingoilinventory.com/?gclid=Cj0KCQiAyZLSBRDpARIsAH66VQKEXEGKCLyyTNqWPrpAYLJjjDUasr6zLX_rvVJH7xWPSdyElgMW_kkaAlySEALw_wcB new service for reporting cushing inventory ahead of the EIA. They fly over oil storage and provide same-day reporting on the levels.  However... "We capture...
      


  27. Last week, the UN Security Council unanimously voted in favor of the resolution to introduce new sanctions against North Korea for its continuing ballistic...
      


  28. What if Saudi Arabia decided to exit OPEC's production cut deal as soon as its IPO is launched? They need higher oil prices to...
      


  29. Mexican light crude is being kept at home, limited how much is available for export. Guess who's gonna fill the gap left int he...


  30. Five Oil Signals to Watch in 2018 Nothing really new or surprising except the possibility of disruptions in Iran. Things seem pretty calm there right...