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Month: December 2017

Category:
  • United Kingdom

Ineos shuts 110,000 bpd crude unit at Grangemouth refinery: source

Ineos has shut the 110,000 barrels-per-day crude distillation unit(CDU) at its Grangemouth oil refinery in Scotland due to a lack of feedstock following an outage on Monday on the Forties Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple
Category:
  • China
  • Russia

Russia, China Grow Closer As The New Silk Road Unfolds

If you are looking for the latest breakthroughs in trans-Eurasian geo-economics, you should keep an eye on the East – the Russian Far East. One interesting project is the new Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple
Category:
  • Scotland
  • United Kingdom

Twilight years: is the UK entering its last decade of oil and gas production?

The Edinburgh Geological Society was formed in 1834 with the aim of stimulating public interest in geology. Issue 62 of its magazine, The Edinburgh Geologist , published in October, certainly Continue Reading

Posted On : 16 Dec 2017 Published By : Tom Whipple
Category:
  • Prices

Oil prices rise on North Sea pipeline outage, but growing US output looms

Oil prices moved up on Friday, lifted by the Forties pipeline outage in the North Sea and ongoing OPEC-led production cuts, although rising output from the United States kept a Continue Reading

Posted On : 15 Dec 2017 Published By : Tom Whipple
Category:
  • Prices

Oil prices up slightly on pipeline outage support

Oil prices rose almost 1 percent on Thursday after a pipeline outage in Britain continued to support prices despite data expecting a global crude surplus in the beginning of next Continue Reading

Posted On : 15 Dec 2017 Published By : Tom Whipple
Category:
  • OPEC
  • Prices

Key Pipeline Closure Amplifies OPEC’s Efforts

But this time, it’s not the usual suspects of Libya, Nigeria, or Iraq. It’s a shutdown of a major oil pipeline in the North Sea, which is expected to last Continue Reading

Posted On : 15 Dec 2017 Published By : Tom Whipple
Category:
  • Natural Gas Supply

The Uncertain Future Of Natural Gas

Its green credentials are not whiter than white, but relative to coal, modern combined cycle gas turbine power plants (CCGT) are highly efficient, emit low levels of pollution and crucially Continue Reading

Posted On : 15 Dec 2017 Published By : Tom Whipple
Category:
  • Oil Supply

Is The Oil Glut Set To Return?

For the second month in a row, the IEA has poured cold water onto the oil market, publishing an analysis that suggests 2018 could hold some bearish surprises for crude. Continue Reading

Posted On : 15 Dec 2017 Published By : Tom Whipple
Category:
  • International Oil Companies

Adapt Or Die: Oil Majors In The New World

The world’s biggest public oil company is facing a challenge: it needs to continue to grow in a world that is drastically different from what it used to be, back Continue Reading

Posted On : 15 Dec 2017 Published By : Tom Whipple
Category:
  • OPEC

The Most Important Part Of The OPEC Deal

The OPEC meeting in Vienna last month was, despite all the hype, always going to be a dull affair. The extension of the oil supply cuts had been all but Continue Reading

Posted On : 15 Dec 2017 Published By : Tom Whipple

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