Where Will Gulf Of Mexico Oil Production Go From Here?
In this post, I will address 3 topics relating to the Northern Deepwater Gulf of Mexico – 1. Historical oil production 2. One view of the future of exploration 3. Continue Reading
Saudi Aramco-Motiva in lead to buy Lyondell’s Houston refinery: sources
Saudi Aramco IPO-ARMO.SE and its U.S. refining joint-venture Motiva Enterprises [MOTIV.UL] lead the race to buy LyondellBasell Industries ( LYB.N ) Houston refinery, according to three sources familiar with the Continue Reading
Column: U.S. gasoline stockpiles look manageable as summer ends
U.S. gasoline stockpiles remain at record highs for the time of year but excess inventory is smaller than it appears once adjusted for the higher level of domestic consumption and Continue Reading
Volkswagen faces fresh EU claims over emissions scandal
Volkswagen faces claims that it broke consumer protection laws in 20 European countries by marketing cars at the centre of the “dieselgate” scandal as “green”. Vera Jourova, the EU justice Continue Reading
Why Statoil’s $25 North Sea Break-Even Claim Is A One Off
North Sea Rig In a crippling environment of low prices, the recent announcement from Statoil’s chief executive Eldar Saetre, that due to their cost saving measures, the Johan Sverdrup oil Continue Reading
World Population Growth Is Speeding Up, Not Slowing Down; No Peak in Sight and Consequences Will Be Catastrophic
In a career that spans three decades, three countries and more than 30 states, Leon has managed environmental impact statements for many federal agencies on projects ranging from dams and Continue Reading
Oil Prices Rally on Hopes of Greater Cooperation Between Producers
Oil prices rallied on Monday on hopes of greater cooperation between major oil producers but gave up some of the gains as investor’s questioned the likelihood of any plans gaining Continue Reading
Crude edges down on oil glut worries
Crude prices inched down on Monday in Asia, paring 3 percent gains in the previous session amid worries over a global oil glut. London Brent crude for November delivery LCOc1 Continue Reading
Oil Rally Fervor Cools as OPEC Output at Record Before Talks
Investors cut bets on oil rally by most in two years: CFTC OPEC production reached 33.69 million barrels a day last month Investors are realizing that OPEC’s talk of a Continue Reading
Oil Pares Gains as Saudi Arabia, Russia Fall Short of Freeze
Russia ready to join output freeze, Energy Minister says Saudi minister says no need for freeze now: Al Arabiya Oil pared gains as talks between Russia and Saudi Arabia over Continue Reading