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Month: July 2017

Category:
  • Pipelines

Trump’s America-First Pipeline Plan Draws Ire of American Oil

Donald Trump’s allies in the oil industry are warning the president that his bid to boost US steelmakers could backfire against their efforts to achieve his goal of “American energy Continue Reading

Posted On : 22 Jul 2017 Published By : Tom Whipple
Category:
  • Oil Supply

US Owns 700 Million Barrels of Oil. Trump Wants to Sell It

President Donald Trump wants to sell part of the reserve. (Bloomberg) — The weather was hot and humid on July 21, 1977, the day the U.S. government began stockpiling oil. Continue Reading

Posted On : 22 Jul 2017 Published By : Tom Whipple
Category:
  • Renewables

Richard Heinberg: Controversy Explodes over Renewable Energy

A heated debate in the pages of one of the country’s most renowned scientific journals has gained national attention. The debate is over whether a combination of wind, solar, and Continue Reading

Posted On : 22 Jul 2017 Published By : Tom Whipple
Category:
  • Russia
  • USA

Schlumberger takes control of Russian driller

U.S. oilfield services company Schlumberger announced a deal that establishes it as the majority owner in Russia’s largest drilling and services provider. Extending a six-year relationship, the leading services contractor Continue Reading

Posted On : 22 Jul 2017 Published By : Tom Whipple
Category:
  • Russia
  • USA

Schlumberger Buys Eurasia Drilling Stake In Test Of Russia-US Ties

Schlumberger NV has agreed to buy a 51% stake in Russian peer Eurasia Drilling Co (EDC) in a deal likely to test Russia-US ties. MOSCOW, July 21 (Reuters) – U.S. Continue Reading

Posted On : 22 Jul 2017 Published By : Tom Whipple
Category:
  • Prices

Oil stable after large fall in U.S. fuel stocks, but markets remain bloated

Oil prices held steady on Thursday following solid gains the previous day when falling U.S. fuel inventories lifted the market. However, Brent crude oil prices remain below the key $50 Continue Reading

Posted On : 21 Jul 2017 Published By : Tom Whipple
Category:
  • Prices

Why Oil Prices Can’t Gain Traction

Despite U.S. oil stocks falling 7.6 million barrels, the biggest drop since September, a recent Financial Times article reports, quoting U.S. Energy Information Administration data, that the oil price is Continue Reading

Posted On : 21 Jul 2017 Published By : Tom Whipple
Category:
  • Prices

Why Oil Prices Aren’t Going Anywhere

The most recent report on the U.S. oil market offers a mix of data, providing ammunition for both oil bulls and bears alike. One can find whatever they want in Continue Reading

Posted On : 21 Jul 2017 Published By : Tom Whipple
Category:
  • International Oil Companies
  • Natural Gas Supply

Is Big Oil Betting On The Wrong Horse?

Many oil majors have steered their strategies and investments into natural gas, aiming to seize the projected global gas demand growth as the world shifts away from coal-fired power generation. Continue Reading

Posted On : 21 Jul 2017 Published By : Tom Whipple
Category:
  • Iran

Could The Gulf Dispute Actually Help Iran?

The on-going diplomatic feud in the Persian Gulf pitting Qatar against a coalition of Arab states led by Saudi Arabia has already disrupted regional affairs to a significant extent: economic Continue Reading

Posted On : 21 Jul 2017 Published By : Tom Whipple

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