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Month: January 2017

Category:
  • Canada
  • Climate
  • Tar Sands

For Justin Trudeau, Canada’s Leader, Revival of Keystone XL Upsets a Balancing Act

If there is such a thing as unwelcome good news, President Trump may have handed some to Prime Minister Justin Trudeau of Canada on Tuesday when he revived a cross-border Continue Reading

Posted On : 26 Jan 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Permian To Be Only Shale Play That Sees Output Increase This Year

The Permian shale formation has been drawing a lot of attention recently, and it’s more likely than not to continue drawing even more in the immediate future, now that it Continue Reading

Posted On : 26 Jan 2017 Published By : Tom Whipple
Category:
  • USA

The 6 U.S. States Most Impacted By The Oil Bust

Despite the recovery of the U.S. oil patch in recent months, the crude oil price crash in 2015 and 2016 has hit the economies of the energy producing states. Six Continue Reading

Posted On : 26 Jan 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Hess to triple Bakken rig count, forecasts late 2017 supply surge

Hess plans to triple its rig count in the Bakken Shale by the end of 2017 from two rigs to six and forecasts the company’s production in the play will Continue Reading

Posted On : 26 Jan 2017 Published By : Tom Whipple
Category:
  • Oil Supply

Robots Are Taking Over Oil Rigs

During boom, headcounts soared as “we got fat and bloated” No compatible source was found for this media. How Iron Roughnecks Are Taking Over Oil Rigs The robot on an Continue Reading

Posted On : 26 Jan 2017 Published By : Tom Whipple
Category:
  • Peak Oil

Global oil demand to grow into 2040s: BP outlook

Global oil demand will keep growing into the 2040s due to higher consumption of plastic goods even as the electric vehicle fleet expands rapidly and technology revolutionizes transport, BP said Continue Reading

Posted On : 26 Jan 2017 Published By : Tom Whipple
Category:
  • Peak Oil

BP Sees a Future of Slowing Oil Demand Growth, Abundant Supplies

Oil Demand as a Test of Market’s Lower Limits Oil demand growth will slow and supplies will remain abundant in the coming decades, meaning producers in the Middle East, Russia Continue Reading

Posted On : 26 Jan 2017 Published By : Tom Whipple
Category:
  • Europe
  • Iran

Europe Chomps Most Iran Oil in Years With Supertankers Due in Days

Europe is poised to receive the most Iranian crude in about five years this month in a sign that the Persian Gulf nation may be regaining its share of a Continue Reading

Posted On : 26 Jan 2017 Published By : Tom Whipple
Category:
  • Oil Supply
  • Prices

BP warns of price pressures from long-term oil glut

The world is facing a long-term oil glut as producers scramble to exploit reserves before fossil fuel demand goes into decline, according to a BP assessment that suggests that oil Continue Reading

Posted On : 26 Jan 2017 Published By : Tom Whipple
Category:
  • Italy
  • Pipelines

Italian Olive Groves vs Multi-Billion Dollar Pipeline

The Trans-Adriatic Pipeline is a key element of Azerbaijan’s efforts to export its greatest source of wealth, its Caspian Sea natural gas deposits, to European markets. It is also a Continue Reading

Posted On : 26 Jan 2017 Published By : Tom Whipple

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