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WTI going to 30s, OPEC+ cut not enough
OPEC+ needs to cut more. Their 1.2 million bbl/day cut is not enough to do anything because Russia and Frackers are producing too much. 1.2...- Democrats Tax Everything! Replied
- 2 replies
- 1,656 views
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China Open for Oil Business
So, China's struck deals with nine oil companies to explore for oil and gas in China. A demonstrative gesture or actual opening-up? Here.- Marina Schwarz Replied
- 3 replies
- 10,214 views
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The Future of Oil
First of all this has nothing to do with the oil's industry's struggle as of now. Right now is merely a bump in the...- ricky Replied
- 2 replies
- 8,029 views
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Russia’s Rosneft quits Iran, $30B of potential joint investments / South Korea stops importing Iranian oil
Russia’s Rosneft quits Iran, $30B of potential joint investments Russia’s largest oil producer Rosneft has decided to quit Iran and the possibility of US$30 billion...- russia
- south korea
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- Tom Kirkman Replied
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- 2,621 views
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ConocoPhillips Backs Carbon Dividends Proposal
ConocoPhillips Co. is backing an effort to impose a tax on carbon dioxide emissions. The company is pledging $2 million over the next two...- Stormysaga Replied
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- 1,020 views
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Qatar Petroleum to Invest $20 bln in U.S. in Major Expansion
Qatar Petroleum is looking to invest at least $20 billion in the United States over the coming few years, after this state unexpectedly quit...- BlackTortoise Replied
- 1 reply
- 1,801 views
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Quebecans Snub Noses at Alberta's Oil but Buy More Gasoline
"Quebec's premier is quick to reject "dirty" oil from Western Canada in favour of hydro power, but new data indicate the province's citizens are...- Marina Schwarz Replied
- 4 replies
- 5,085 views
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Visualizing North Dakota oil & gas production (through August)
North Dakota – update through October 2018 This article contains still images from the interactive dashboards available in the original blog post . To follow the...- shaleprofile Replied
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- 1,368 views
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IEA Sees Global Oil Supply Tightening More Quickly In 2019
The global oil market could move into deficit sooner than expected thanks to OPEC’s output agreement with Russia and to Canada’s decision to cut...- rainman Replied
- 7 replies
- 6,587 views
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What will the future hold for nations dependent on high oil prices.
Now that overproduction of oil has lowered prices. What will happen to oil producing countries that are overly dependent on oil profits? I can...- oil prices
- middle east
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- ronwagn Replied
- 40 replies
- 14,218 views
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No, The U.S. Is Not A Net Exporter Of Crude Oil
This article today on Oil Price main news site could probably use a few more eyeball views. Good distinctions made, which were glossed over...- Tom Kirkman Replied
- 5 replies
- 3,037 views
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oil company's Gordon the gecko put to sleep
https://www.bbc.com/news/uk-scotland-north-east-orkney-shetland-46565896 stow away from Italy, Gordon the gecko apparently posed a great risk to Native species and was consequently put down. 🦎 RIP, Gordon! 😔- Rodent Replied
- 1 reply
- 1,442 views
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Air-to-Fuels Energy and Cost Calculation
A gallon of gasoline has an energy equivalent to 32Kwh. For the purposes of this discussion 'gasoline' means n-heptane - C7H16. Diesel fuel has...- oil
- natural gas
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- Meredith Poor Replied
- 6 replies
- 4,425 views
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Transneft Chief Says Russia Will Raise Output Not Cut
"Russian pipeline monopoly Transneft expects Russia’s oil output to rise by about 2 million tonnes next year, RIA news agency cited the company’s head,...- Marina Schwarz Replied
- 1 reply
- 1,438 views
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"Operation Sharpshooter" Malware Targets Defense, Energy & Financial Sectors
Malware named "Operation Sharpshooter" AKA "Rising Sun". Information: https://www.securityweek.com/operation-sharpshooter-hits-global-defense-critical-infrastructure-firms At least 87 organizations worldwide were infected with the same malware as part of a newly discovered campaign targeting...- Tom Kirkman Replied
- 0 replies
- 1,269 views
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Has Global Peak Diesel Arrived?
Interesting reading from SRSrocco Report. Long article, presents quite a bit of information to consider and mull over. Has Peak Diesel Arrived? The Data Doesn’t...- Tom Kirkman Replied
- 7 replies
- 10,323 views
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The Oil Industry’s Covert Campaign to Rewrite American Car Emissions Rules
In Congress, on Facebook and in statehouses nationwide, Marathon Petroleum, the country’s largest refiner, worked with powerful oil-industry groups and a conservative policy network...- Stormysaga Replied
- 1 reply
- 2,184 views
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How High Can Oil Prices Rise? (Part 2 of my previous thread)
The last thread---What does the future hold (as WTI and Brent touched historic highs) has some considerable discussion and comments for all of us...- Osama Replied
- 214 replies
- 72,457 views
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update your Twitter follows
despite the country's Twitter ban look who is on there now: https://mobile.twitter.com/BijanZanganeh/with_replies add, add, add!- Rodent Replied
- 0 replies
- 9,602 views
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Rigs Down
Oil explorers dialed back on drilling at the fastest pace in 2 1/2 years in U.S. fields as volatile crude prices crippled efforts to...- Marina Schwarz Replied
- 4 replies
- 4,243 views
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Alberta Cuts Push Prices Too High
Alberta’s output-cut mandate may be driving oil prices too high There's just no way to make some people happy, is there? it's like there's all...- Marina Schwarz Replied
- 7 replies
- 3,763 views
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France's Incoherent Anti-Oil Energy Policies
Excerpt from an article about the current chaos in France: Incoherent Energy Policies And the tax announced by the government – an additional 6.6 cents per...- Tom Kirkman Replied
- 1 reply
- 4,310 views
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Trudeau thinks his carbon tax will avoid Macron’s fate. Because of magical "REBATES".
Any ideas for a prospective Canadian version of France's Yellow Vest Protests? Perhaps meeting up at the local Tim Hortons for a Double Double coffee and...- Tom Kirkman Replied
- 0 replies
- 1,745 views
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Lake Maracaibo Venezuela’s Bay of Pigs?
Putin posturing in Venezuela promise of 6 Billion USD of Oil and Gold, Russia slowly positioning itself to take over where the USA have...- James Regan Replied
- 2 replies
- 3,799 views
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Costly Crowded Permian?
I was surprised to see the Permian referred to as "costly and crowded" by Reuters in this story. Wasn't it the cheapest place to pump oil...- Marina Schwarz Replied
- 1 reply
- 3,435 views
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The Great Jawbone Battle
There's a really interesting article just published on CNBC, by Tom DiChristopher, casting OPEC's decision to cut production in a big way come the...- OilPro_Rolando Replied
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- 1,097 views
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Permian Suicide
Shouldn't we be seeing the price of oil move higher? OPEC cuts 1.2Million/day, and the price is plunging to dangerous levels for the US land...- oil
- permianbasin
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- James Regan Replied
- 4 replies
- 16,535 views
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Maersk's COO statment.
Maersk's, the largest shipping company in the world, COO has apparently said "we will have to abandon fossil fuels", by 2050. Weaning their massive...- DA? Replied
- 32 replies
- 11,921 views
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Oil prices may go up, but will be below $70 a barrel in FY19: Hindustan Petroleum Chairman
Hindustan Petroleum's assessment sounds about right to me. My hope for 2019 is an average of $70 oil [Brent] and $65 [WTI]. My hope for 2018 was an...- Tom Kirkman Replied
- 5 replies
- 2,620 views
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Question about grades
Two quick questions since I am new to the industry: 1). What are PMS & AGO refined oil? Are they real acronyms? I am guessing marine...- Gary Timleck Replied
- 0 replies
- 3,206 views