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Category: Oil Supply

Category:
  • Shale Oil

Diesel Frac Glut Hinders Lower-Carbon Fleet Adoption

Billionaire Alejandro Bulgheroni’s dream of making fracking more environmentally friendly is running up against the reality of shale-patch economics. The Argentine oil tycoon has pumped about $250 million into developing Continue Reading

Posted On : 22 Apr 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Oilfield Services Company Turn To Tech To Boost Profitability

Artificial intelligence, the cloud, robots – these are concepts and products we associate with the IT industry. But there is one notoriously traditional, slow to innovate industry that is now Continue Reading

Posted On : 21 Apr 2021 Published By : Tom Whipple
Category:
  • Oil Supply

Is This The End Of The Covid Oil Glut?

Recovering economies and increased fuel demand have helped the enormous oil glut from this time last year to shrink to levels that could be further reduced with global oil demand Continue Reading

Posted On : 20 Apr 2021 Published By : Tom Whipple
Category:
  • Ecuador
  • Oil Supply
  • Venezuela

First Venezuela, Now Ecuador: US Refiners Need A New Source Of Heavy Crude

U.S. refiners were forced to source their heavy crude from somewhere else after the United States sanctioned Venezuelan crude oil. Now, U.S. refiners may again be forced to resource crude Continue Reading

Posted On : 20 Apr 2021 Published By : Tom Whipple
Category:
  • Gulf Of Mexico

Gulf Of Mexico Oil & Gas Pipelines Need Better Safety Regulations

The U.S. Department of the Interior lacks a robust oversight process to monitor and ensure the safety and integrity of some 8,600 miles of active offshore oil and gas pipelines Continue Reading

Posted On : 20 Apr 2021 Published By : Tom Whipple
Category:
  • Oil Supply

OPEC Update, April 2021

The OPEC Monthly Oil Market Report for April 2021 was published this past week. The last month reported in each of the charts that follow is March 2021 and output reported for Continue Reading

Posted On : 19 Apr 2021 Published By : Tom Whipple
Category:
  • Oil Supply

Historic Oil Glut Amassed During the Pandemic Has Almost Gone

The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers. Barely a fifth of the surplus that Continue Reading

Posted On : 19 Apr 2021 Published By : Tom Whipple
Category:
  • Oil Supply

It’s problem of plenty for China independents as crude stocks swell

Highlights Stocks likely to remain high until June: Platts Analytics Traders holding plentiful volumes in storage tanks Upcoming maintenance will slow clearance of stocks Singapore — The appetite for near-term Continue Reading

Posted On : 19 Apr 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Landmen Who Once Staked Claims for Oil and Gas Now Hunt Wind and Sun

Carter Collum used to spend mornings shoulder to shoulder with competitors in the record rooms of East Texas courthouses, hunting for the owners of underground natural-gas deposits. At night, he Continue Reading

Posted On : 19 Apr 2021 Published By : Tom Whipple
Category:
  • Shale Oil

Oil And Gas Bankruptcies Jump Despite Rise In Crude Prices

The oil and gas sector is currently enjoying a mini-boom cycle as economies gradually re-open and oil demand begins to return to a semblance of normalcy. The oil markets are Continue Reading

Posted On : 19 Apr 2021 Published By : Tom Whipple

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