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Few Rumors Circulating: First one, Maduro moves to Havana, Venezuela Generals and Judges keep their jobs, and Chevron and Rosneft clean up Venezuela oil infrastructure, Guaido rules temp until elections this Fall
This rumor very strong suggest sooner than later. Guaido is a Socialist. Better than Maduro. The second one I heard is US EXXON and China's...- Falcon Replied
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Unlikely to be "Accidental" ... Iranian Oil Pipeline Explodes
One pipeline explosion can be accidental. Two pipeline explosions within two months, in a minority separatist region, seems pretty darn unlikely to me to be "accidental". Iranian...- Tom Kirkman Replied
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- 982 views
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Protesters Take Aim at Barclays
Barclays Bank fossil fuel funding protests to spread worldwide I'm taking bets when this will spread to other banks as well.- Marina Schwarz Replied
- 3 replies
- 2,703 views
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Sanctions: U.S. Government Cannot Ensure Cheaper U.S. Oil Sales To India
The U.S. government will not ensure sale of its oil to India at cheaper rates as the commodity is controlled by private companies, U.S....- Pavel Replied
- 10 replies
- 8,510 views
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Oil falls after Trump's threats to China
The argument goes as follows. U.S. tariffs would tend to reduce China's economic growth. And this, in turn, would have an impact on its...- Juan Carlos Zuleta Replied
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Canadian Stripper operator shuts down and abandons 4700 wells
So this is what happens to conventional production. It eeks along losing money on a regular basis, worse than shale but pretending it does...- wrs Replied
- 32 replies
- 20,550 views
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South Africa Inks Oil Exploration Deal With South Sudan
South Africa signed a six-year deal for the exploration and production of oil in South Sudan, as part of a $1 billion investment in...- AdrianC Replied
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Looks like Oxy may pull it off.
Looks like Oxy may pull off the deal with Anadarko. Chevron has four days to revise it's proposal. https://www.worldoil.com/news/2019/5/6/anadarko-board-determines-revised-proposal-from-occidental-constitutes-a-superior-proposal?fbclid=IwAR0_3wBZKMTG6OUvLmstnrAz9JCkerkM6rQbZNQ0-tEFoja4N7sFLqHytCI- Justin Hicks Replied
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- 2,428 views
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Iran's Game of Thrones Intensifies - Will it Disrupt Iran's Oil?
Long knives getting sharpened in Iran, apparently. Trump's new sanctions against Iranian government look set to bite very hard, and the subsequent political infighting within...- Tom Kirkman Replied
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- 1,511 views
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Trump gives oil price lip service for the benefit of his base. Trump sucks up to Saudi/OPEC for the Big Deal, TRUMP/KUSHNER Mideast Palestinian/Israeli peace deal coming in June
Trump actually wants higher oil prices. He gladly takes credit for shale boom, as did Obama. Neither deserve credit. The technology deserves the credit....- Falcon Replied
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- 2,755 views
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Dripping wet commie pinko slop = Anthropogenic Global Warming
https://oilprice.com/The-Environment/Global-Warming/Shocking-Evidence-Suggests-Much-Faster-Global-Warming.html I've never read such a piece of commie pinko dripping wet slop in my life, see article. They got a lot of nerve calling it...- Joseph Scarafone Replied
- 25 replies
- 9,664 views
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EIA oil production trends
I have a technical question Can anyone explain the reason(s) behind the divergence between MONTHLY estimates of U.S. Field Production of Crude Oil, which is...- Robert Gourdie Replied
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US Oil Exploration Down 95% over 70 Years
US Oil Exploration Drops by 95 Percent I'd say this makes sense since oil and gas are non-finite resources but I suppose a counter-argument would...- Marina Schwarz Replied
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- 1,540 views
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How long would it take to get Venezuela's oil flowing?
In an ideal new regime, how long would it take to get Venezuela's oil industry humming? What would it do to the world oil...- ronwagn Replied
- 7 replies
- 3,850 views
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permian
Permian Basin Overtakes Saudi’s Ghawar as World’s Top Producing Oilfield
Permian Basin Overtakes Saudi’s Ghawar as World’s Top Producing Oilfield Friday, April 05, 2019 Texans for Natural Gas New data released by Saudi Aramco, Saudi Arabia’s national...- ceo_energemsier Replied
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Saudi Oil Output May Rise In June, But...
Saudi Arabia’s oil output may edge up in June, sources familiar with the kingdom’s policy said, but the extra crude may be used for...- ThunderBlade Replied
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- 3,061 views
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Counting Rigs is a "Fools Errand"
Oil Rigs dropped 2 1/2 % (20 Rigs) from this time last year. Oil Production increased 20% (to 12.2 mbd) from this time last year. I...- Falcon Replied
- 13 replies
- 3,848 views
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Technology Cannot Overcome Demand for Oil
After reading many articles on climate change, I found the following article on line, published by The Journal of Environment & Development. "Technology is Not...- oil demand
- climate change
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- WayneMechEng Replied
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American crude stockpiles jumped by almost 10 million barrels to 471 million last week, the highest since 2017, the Energy Information Administration said on Wednesday. Production rose to 12.3 million barrels a day. NEW RECORD
“When the U.S. crude-oil warehouses bulge to their highest levels since September 2017, while production continues to set new high-water marks, warning signals should...- Falcon Replied
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Visualizing Eagle Ford oil & gas production (through January 2019)
Eagle Ford - update through January 2019 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in...- shaleprofile Replied
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- 1,105 views
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OPEC's Barkindo Says Impossible To Eliminate Iranian Oil From Market
It is impossible to eliminate Iranian oil from the global market, OPEC Secretary-General Mohammad Barkindo was quoted as saying by Iranian oil ministry’s news...- rainman Replied
- 8 replies
- 2,787 views
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Sloshing in Tanks: The Next B.C. Target
Scientists: Trans Mountain Oil Tanks Pose Deadly Earthquake Risk Sloshing kills.- Marina Schwarz Replied
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- 1,231 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
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U.S. Pipeline Boom Could End In Crisis
After 40+ years in the industry I always laugh when I see a headline like this. It is absolutely 100% correct, players and situations...- tetonper Replied
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- 982 views
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Stop Spending: Analysts to Drillers
`For the love of God' stop raising budget, oil drillers told “We’re struggling to comprehend why, when buy side, sell side, talking heads, and taxi...- Marina Schwarz Replied
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- 1,863 views
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Crude Oil Inventory Up Due to Over-Importing?
Crude oil inventories up by 9.9 million barrels this week (May 1, data for week ended April 26). Let's go back to last week...- Toranaga Replied
- 2 replies
- 2,199 views
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Fear and Drilling in California
Environmentalists Fear New Push For Oil Drilling Off California Coast The tone of the article is so... heartbreakingly dramatic I thought it was worth sharing...- Marina Schwarz Replied
- 3 replies
- 2,122 views
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"Undeniable" Shale Slowdown?
Hello All! I have been away due to some health issues but now as I have recovered considerably...time is ripe to start anew. Interesting times for...- Osama Replied
- 30 replies
- 14,993 views
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Iran Says It Will Keep Exporting Oil Despite U.S. Pressure
Iran will continue to export oil despite U.S. pressure aimed at reducing the country’s crude shipments to zero, Iranian President Hassan Rouhani said on...- rainman Replied
- 8 replies
- 5,008 views