Iraq Employs Drones To Monitor Oil Pipelines
The Iraqi government announced plans to use drones to monitor and protect its export and production pipelines in the first quarter of next year. Reuters reported on Monday that Oil Continue Reading
Tensions rise over Khurmala
The Kurdistan Regional Government (KRG) is warning that federal Iraqi security forces are preparing to launch a new offensive, which could spark a battle for control of the Khurmala Dome Continue Reading
Statoil plays $2 billion chip on offshore Brazil
Norwegian energy major Statoil said Monday it would spend at least $2 billion to triple its production capacity from offshore Brazil. The Norwegian company, owned in part by the government, Continue Reading
Nigeria’s Oil Strike Stokes Fear In Markets
A Nigerian oil workers union launched a strike on Monday, citing unfair labor practices, threatening to disrupt a significant portion of the country’s oil supply. But the strike was called Continue Reading
Nigeria: Pengassan Suspends Strike Amid Long Queues At Fuel Stations
Less than 24 hours after it began an industrial action, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has backed off following the recall of its members Continue Reading
Drilling Productivity Report
New-well oil production per rig barrels/day New-well gas production per rig thousand cubic feet/day Region December 2017 January 2018 change December 2017 January 2018 change Anadarko 382 387 5 2,573 Continue Reading
BHP says likely to quit global coal lobby group
Global miner BHP Billiton said on Tuesday it has taken a preliminary decision to quit the World Coal Association citing disagreement over climate change, and might also withdraw from the Continue Reading
The Climate for Coal Just Got Even Chillier
It’s been a pretty good 18 months for the coal industry following the disastrous price crash of 2015, but on Tuesday miners got a big lump in their stockings. BHP, Continue Reading
China Plans to Kill Local Subsidies for Electric Cars
Move to help rein in state expenditure while promoting EVs Subsidies also raising concerns of protectionism, people say China is planning to tell local governments to stop offering subsidies for Continue Reading
Why Refiners Are Expected to Give Their Tax Savings Right Back to Shareholders
Andeavor recently said much of the cash from tax cuts would go back to investors. Above, the company’s refinery in North Dakota. U.S. fuel makers are poised to reap billions Continue Reading