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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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- 989 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
- 2,710 views
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WaPo Quixote : Trump administration heeds oil and gas industry calls to remove protections for imperiled beetle
Not often I share an article from Washington Post these days, since it went totally off the rails batsh&t crazy as a biased asset of...- Tom Kirkman Replied
- 30 replies
- 10,251 views
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Why do we use bbl for barrels?
OK decided to move it here. There are plenty of clues in the tags. Why is bbl used for barrel and why is it...- oil
- standard oil
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- Ward Smith Replied
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- 2,440 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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- 1,208 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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- 1,055 views
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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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- 2,434 views
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- Marina Schwarz Replied
- 10 replies
- 8,609 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
- 8,529 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
- 2 replies
- 1,523 views
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Putin Wins Again at Oil Chess: OPEC Is Facing An Existential Crisis
Putin outsmarts Iran, and uses OPEC infighting and a few OPEC government meltdown catastrophes to improve Russia's leverage in global oil & gas. I found...- Tom Kirkman Replied
- 41 replies
- 18,417 views
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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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- 1,543 views
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We have not seen end of Shale or Deepwater technology efficiencies. Its accelerating . EX: Cramer talks to Core Labatories
Its not just better rigs. Better propants, reservoir mapping, well placement, etc, etc, etc As one analyst said this morning, E & P (exploration and...- Falcon Replied
- 49 replies
- 16,319 views
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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
- 5 replies
- 3,074 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
- 4 replies
- 5,299 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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- 1,545 views
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- Falcon Replied
- 3 replies
- 1,337 views
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OPEC Sneezes, US Industry Gets the Flu and Canada Gets Pneumonia
Iranian Oil Minister Zanganeh presented a very important and revealing attitude today. He accused Saudi Arabia and the UAE of beginning a war within...- William Edwards Replied
- 164 replies
- 44,630 views
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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
- 20,625 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
- 6 replies
- 2,768 views
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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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- 1,086 views
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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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- 1,115 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
- 2,802 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
- 1 reply
- 1,238 views
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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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- 988 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
- 1 reply
- 1,866 views
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Drilling Ban NY
New York Bans Offshore Drilling in Its Waters Gov. Cuomo said the new law sends a message to the Trump administration that the state’s coastline...- ceo_energemsier Replied
- 24 replies
- 6,382 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
- 2,209 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
- 2,130 views