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Month: September 2017

Category:
  • Iraq

The Kurdish Referendum Could Reshape Oil Markets

Iraq, the second-largest OPEC producer, may be facing a significant disruption to its oil exports this month. On September 25, citizens of the northern region of Kurdistan, a semi-autonomous area Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Saudi Arabia

Will Low Oil Prices End Saudi Arabia’s Gas Subsidies?

Although Saudi Arabia has managed to narrow its budget deficit, the Kingdom continues to feel the fiscal pressure of low oil prices, and is mulling over the phasing out of Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Iraq

Iraq oil minister says does not see need for more output cuts now

Iraq does not see the need for more output cuts now, but if there is a need the country will support consensus within the Organization of the Petroleum Exporting Countries Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Kazakhstan

The World’s Largest Offshore Oil Field Is Back In Action

Without much international fanfare, the world’s largest offshore oil field and the largest discovered in the last 40 years, Kazakhstan’s Kashagan Field, is on the verge of finally moving beyond Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Iraq

Kurdistan gets Russian vote of confidence

Besieged by international pressure to delay its independence referendum, the KRG gets geopolitical backup from a Rosneft agreement to underwrite oil and gas export pipelines. Massoud Barzani, the president of Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Nigeria

Nigerian Workers Stop Oil Product Loading As Union Goes On Strike

Oil workers in Nigeria stopped on Monday the loading of oil products, natural gas, and aviation fuel as the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) joined an Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Venezuela

Oil cargoes shift away Venezuela as hurricanes extend disruptions

Hurricane Maria is shown in the Atlantic Ocean about 85 miles east of Martinique in this September 17, 2017 NASA handout satellite photo. NASA/Handout via REUTERS (Reuters) – Shippers are Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Coal

Using the E.P.A. to Prop Up Big Coal

A closed coal mining site in Whitesburg, Ky., one of many such towns trying to develop new economic growth. The Trump administration is unflinching in its misbegotten campaign to protect Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Drilling Productivity Report

New-well oil production per rig barrels/day New-well gas production per rig thousand cubic feet/day Region September 2017 October 2017 change September 2017 October 2017 change Anadarko 372 376 4 2,512 Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple
Category:
  • Canada
  • Pipelines

Does Canada Need More Oil Sands Pipelines?

The claim that building more pipelines to carry Canada’s oil sands production to ports for export will unlock significantly higher prices for bitumen is not supported by either past or Continue Reading

Posted On : 19 Sep 2017 Published By : Tom Whipple

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