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Month: March 2019

Category:
  • Offshore
  • USA

U.S. Interior official suggests Trump drilling proposal will include Atlantic: recording

The Trump administration is likely to open up portions of the Atlantic to oil and gas drilling despite opposition from East Coast states, a U.S. Interior Department official suggested in Continue Reading

Posted On : 16 Mar 2019 Published By : Tom Whipple
Category:
  • Shale Oil

Is shale in late innings as Big Oil comes to bat?

The long-term viability of the U.S. shale boom is uncertain, but the world’s biggest oil companies are making big bets on its success as smaller firms struggle with debt and Continue Reading

Posted On : 16 Mar 2019 Published By : Tom Whipple
Category:
  • Shale Oil

North Dakota’s production averages 1.402 million b/d in January, slightly off all-time high

North Dakota’s production for January averaged 1,402,402 b/d of oil, slightly missing the state’s record high set in December, the North Dakota Industrial Commission’s Department of Mineral Resources said Friday. Continue Reading

Posted On : 16 Mar 2019 Published By : Tom Whipple
Category:
  • Nuclear
  • USA

Rising river waters threaten to shut Cooper nuclear plant in Nebraska

Workers are preparing to shut Nebraska Public Power District’s 836-MW Cooper nuclear unit in Brownville as soon as early Saturday because of the rising Missouri River, company spokesman Mark Becker Continue Reading

Posted On : 16 Mar 2019 Published By : Tom Whipple
Category:
  • Coal

CERAWeek: Coal industry struggles with lack of capital, negative public perception

 Access to capital, a lack of capital discipline and negative public perception continue to be a significant restraints for the global coal industry, several industry leaders said during panels Thursday Continue Reading

Posted On : 16 Mar 2019 Published By : Tom Whipple
Category:
  • United Kingdom

UK Crude Oil Loadings Continue To Drop

The UK’s crude oil loadings remained below 800,000 bpd for the third month in a row in February, while authorities expect Britain’s crude oil production to decline through at least Continue Reading

Posted On : 16 Mar 2019 Published By : Tom Whipple
Category:
  • Climate
  • United Kingdom

Shell Outlines First Short-Term Carbon Emission

Royal Dutch Shell has set its first-ever short-term goals to cut the carbon footprint of its operations and product sales as the oil and gas industry is under intense investor Continue Reading

Posted On : 16 Mar 2019 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures stable ahead of OPEC meet

Crude oil futures were fairly stable during mid-morning trade in Asia Friday, as market participants were looking for fresh price cues from the OPEC meeting to be held early next Continue Reading

Posted On : 15 Mar 2019 Published By : Tom Whipple
Category:
  • Prices

Oil prices firm as supply deficit emerges amid disruptions

 Oil prices were firm on Friday amid production cuts led by OPEC and as U.S. sanctions against Venezuela and Iran likely created a slight deficit in global supply in the Continue Reading

Posted On : 15 Mar 2019 Published By : Tom Whipple
Category:
  • Peak Oil

Was 2018 The Peak For Crude Oil Production?

The following OPEC charts were created with data from the OPEC Monthly Oil Market Report . All OPEC charts are through February 2019 and is in thousand barrels per day. Continue Reading

Posted On : 15 Mar 2019 Published By : Tom Whipple

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