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Month: August 2016

Category:
  • Solar
  • Wind

Solar and Wind Manufacturing Is Thriving. Why Don’t Mainstream Reporters Know?

Solar panels Like many Americans, I am an avid listener to American Public Radio’s Marketplace Show. As their website proudly proclaims: Marketplace [is] the most widely heard program on business Continue Reading

Posted On : 18 Aug 2016 Published By : Tom Whipple
Category:
  • Shale Oil

Oil Output Continues To Fall In North Dakota

The North Dakota Industrial Commission (NDIC) reported June crude plus condensate (C+C) output on August 12, 2016. North Dakota(ND) Bakken/Three Forks (BTF) output fell by 20.46 kb/d in June to Continue Reading

Posted On : 18 Aug 2016 Published By : Tom Whipple
Category:
  • International Oil Companies

The Oilfield Service Struggle: $110B in Debt; Depressed By Market Pressure

Mounting debt among oilfield service companies coupled with soft oil prices squeezes the sector. Oil prices hovering close to $40 per barrel is compounding the problems that dozens of struggling Continue Reading

Posted On : 18 Aug 2016 Published By : Tom Whipple
Category:
  • Refining

Exxon Baton Rouge refinery shuts CDU due to flooding: sources

ExxonMobil Corp shut a crude distillation unit at its 502,500 barrel per day (bpd) Baton Rouge refinery on Tuesday as flooding disrupted operations at a liquefied petroleum gas (LPG) storage Continue Reading

Posted On : 18 Aug 2016 Published By : Tom Whipple
Category:
  • Prices

Oil traders rush to secure vessels as U.S.-Europe export arb opens

A rare opening of an export window for crude moving from the U.S. Gulf to Western Europe has caused a flurry of interest among oil traders, with at least two Continue Reading

Posted On : 18 Aug 2016 Published By : Tom Whipple
Category:
  • International Oil Companies

BP to Halliburton in ‘Barroom Brawl’ as Drillers Slash Costs

Oil industry cost cuts for 2015 to 2020 total $1 trillion Service providers that reduced rates say discounts to end Mad Dog, BP Plc’s drilling project deep in the Gulf Continue Reading

Posted On : 18 Aug 2016 Published By : Tom Whipple
Category:
  • Shale Oil

Is The Oil Production Efficiency Boom Coming To An End?

“How much more productive can these new wells get?” I asked my host who had kindly invited me on a field trip to some of western Canada’s most prolific oil Continue Reading

Posted On : 18 Aug 2016 Published By : Tom Whipple
Category:
  • Sea Level Rise

Oil Pipelines In Louisiana May Soon Be Buried At Sea

Louisiana’s shrinking coastline is causing headaches for the oil industry in that state, as an eroding coast and rising sea waters are threatening oil infrastructure. The coastline is disappearing at Continue Reading

Posted On : 18 Aug 2016 Published By : Tom Whipple
Category:
  • Russia

Russia orders surprise delay in Bashneft oil firm sale

A man walks past the headquarters of Bashneft oil company in Moscow, Russia, March 20, 2016. Russian Prime Minister Dmitry Medvedev has postponed the privatization of mid-sized oil producer Bashneft, Continue Reading

Posted On : 18 Aug 2016 Published By : Tom Whipple
Category:
  • Russia

Power Struggle Seen in Russia’s Shelving of Bashneft Sale

Divisions over Rosneft may have prompted delay, analysts say Bashneft shares fell as much as 15 percent after announcement A power struggle within President Vladimir Putin’s inner circle may lie Continue Reading

Posted On : 18 Aug 2016 Published By : Tom Whipple

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