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BP says shale's influence over oil market waning
Bob Dudley say US shale will have limited efect, and players like Saudi Arabia will have more juice when it comes to market swings....- Rodent Replied
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Oil Major's Lofty Goals
Exxon is saying it is targeting double its cash flow from operations by 2025. Meanwhile Shell is planning for its gas production to be...- Rodent Replied
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Can EV growth bring about peak oil before 2030?
Is this really believable? Ratings agency Fitch said today in one of its scenarios that public preference for EVs, along with government policies that...- Rodent Replied
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New Baseline: the Plimsoll line of the OPEC+ Ship
OPEC+ managed to set aside, not bury, their differences in agreeing to let the UAE have its baseline elevated from the current level, 3.2...- hemanthaa@mail.com Replied
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Aramco to Spend $500 Bln on Expansion
Aramco's planning to splash $500 billion on international expansion focusing on petrochemicals. That's on top of the Sabic deal, by the way. Why? Because...- Marina Schwarz Replied
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Wyoming Lawmakers weigh tax relief for oil and gas, again
While I'm certain that Oil and Gas producers would be favorable of this, I have to scratch my head over how this state can...- turbguy Replied
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Battle over Trans Mountain is getting uglier and uglier
Will they or won't they? http://www.huffingtonpost.ca/2018/02/01/trans-mountain-pipeline-is-going-to-get-built-despite-b-c-s-attempts-trudeau-says_a_23350383/- Rodent Replied
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Electric car sets Pikes Peak record
Have you seen this? Pretty impressive, this sucker is fast! Amazing technology. Watch the video a bit! Electric car sets Pikes Peak ascent record,...- BillKidd Replied
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Amnesty Accuses Shell, Eni of Negligence in Nigeria
Amnesty International has accused Shell and Eni of negligence in handling oil spills in the Niger Delta. They studied almost 2,000 spill reports and...- Marina Schwarz Replied
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US Tax Overhaul Means Billions For US Oil INdustry
Wood Mac estimates that US oil industry will see 190 billion from the tax overhaul. http://www.chron.com/business/energy/article/Trump-tax-plan-a-190b-boost-to-oil-industry-12539700.php- Rodent Replied
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Oil-Eating Bacteria
New research on oil-eating bacteria. I couldn't help but wonder what will happen to all those oil-everything opponents if there's bacteria that can degrade...- Marina Schwarz Replied
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US Ric Count Climbs
Oil, gas rigs up 11 this week, +12 for oil, and -1 for gas. Most notably, Permian added 18 rigs this week. Not good news...- Rodent Replied
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Alberta Oil Producers Call for Cuts
Two heavy oil producers from Alberta, one of them Cenovus, are calling for a cut in production. Canadian crude is apparently trading at $15...- Marina Schwarz Replied
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"How Biden’s Huge Strategic Oil Release Could Backfire" by Irina Slav
President Biden’s huge SPR release announcement has pushed WTI prices back below $100. SPR release may calm crude prices only in the short term. U.S. SPR...- Tom Nolan Replied
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BIGGEST CUSHING, OK INVENTORY BUILD EVER
API reported today a build of +14.4 MILLION BARRELS in Cushing, plus almost 6 million build in crude. WOWZERS. Hang onto your hats, oil...- Rodent Replied
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Phineas Fisher Offers $100,000 Bounty to Hack Banks and Oil Companies
This could get messy. This is not "hacktivism", this is criminal. A $100,000 reward for illegal black-hat hacking of oil companies. Phineas Fisher Offers $100,000...- Tom Kirkman Replied
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Mad Cow Disease. _ Blowout: Corrupted Democracy, Rogue State Russia, and the Richest, Most Destructive Industry on Earth (Oil) - Book by Rachel Maddow
LMAO. Oil bad. Oil REEEEEAALLYY BAD ! 5 minute video of Maddow discussing her book on Colbert. The rabid, frothing tin foil and Maddow conspiracy theories are...- Tom Kirkman Replied
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Norway awards record 75 oil exploration licenses
Norway has awarded a record 75 offshore oil exploration licenses, to Statoil, Aker BP Shell, Total and ConocoPhillips among others. The licenses comprised 45 in...- Joanna Replied
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Energy Deals to Cut US-China Trade Deficit?
Would really welcome everyone's thoughts on this article: https://www.axios.com/energy-deals-cut-us-china-trade-deficit-1526651120-12062378-10df-4ed8-8605-3cedc759ef91.html When President Trump demanded that China cut its $375 billion trade deficit with the U.S. by $200...- china
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Where do I find the "analyst estimates" of inventory data?
When the weekly API inventory data comes out, I always read how it compares to analyst estimates. How/where do I find those analyst estimates?- AE911truth.org Replied
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"The Global Growth Story is Starting to Look a Little Shaky"
Take note of this one key sentence in Nick's article: > > > "In short, the global growth story is starting to look a little shaky."...- Tom Kirkman Replied
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Gasoline demand in Europe during second wave of COVID - first estimate
Quote A Rystad Energy analysis of Europe’s real time traffic data has revealed that the road fuel demand destruction during the prevailing second wave of...- Tomasz Replied
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Saudis Looking For A US Shale Deal --Inevitable
WSJ reporting that Saudi Aramco is looking to buy stakes in us shale.... hey, if you can't beat 'em... join 'em!- Rodent Replied
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Nigeria Production Stifled Again
Just as Nigeria agrees to an oil production cap....more unrest as wells are shuttered. LOCK IT DOWN, NIGERIA, YOUR PEEPS ARE OUT OF CONTROL! http://saharareporters.com/2017/11/30/bayelsa-oil-community-shuts-down-2-oil-wells-shells-field-over-power-supply-0- Rodent Replied
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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
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