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Category: Oil Supply

Category:
  • Oil Supply
  • USA

September Short-Term Energy Outlook

The September Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty because mitigation and reopening efforts related to the 2019 novel coronavirus disease (COVID-19) continue to evolve. Reduced economic activity related to Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Embattled Dakota Access Pipeline To Start Operating Next Year

An expanded Dakota Access pipeline could go into operation by the third quarter of next year, Energy Transfer said in an investor presentation. The embattled project, which aims to transport Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Enterprise Products Partners cancels Permian to USGC crude pipeline

Highlights EPD cancels M2E4 pipeline, shifts volumes to other pipes Permian pipeline projects could further be trimmed back New York — Enterprise Products Partners on Sept. 9 said it would Continue Reading

Posted On : 10 Sep 2020 Published By : Tom Whipple
Category:
  • Offshore
  • USA

Trump signs order extending drilling ban off Florida Gulf coast, expands it two other states

U.S. President Donald Trump on Tuesday signed an order to extend a ban on offshore oil drilling in the eastern Gulf of Mexico off Florida, as he seeks to win Continue Reading

Posted On : 9 Sep 2020 Published By : Tom Whipple
Category:
  • Offshore

Trump’s Drilling Ban Bombshell Rocks Oil Industry

U.S. President Donald Trump shocked the oil industry today with a surprise announcement that he would extend the existing moratorium on oil drilling on parts of Florida’s, South Carolina’s, and Continue Reading

Posted On : 9 Sep 2020 Published By : Tom Whipple
Category:
  • Peak Oil

Total CEO predicts peak oil by 2040

Speaking at the ONS Digital Conference in a video presentation, Patrick Pouyanne, the CEO of Total SA, said he now expects oil production to peak between 2030 and 2040, although Continue Reading

Posted On : 8 Sep 2020 Published By : Tom Whipple
Category:
  • Oil Supply

Are We On The Cusp Of A Global Energy Crisis?

Goehring and Rozencwajg believe that we are on the cusp of a global energy crisis because of the depletion of U.S. tight oil plays. “We are on the cusp of Continue Reading

Posted On : 8 Sep 2020 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. shale producers race for federal permits ahead of presidential election

 Oil producers in the top U.S. shale fields are stockpiling drilling permits on federal land ahead of the November U.S. presidential election, concerned that a win by Democratic candidate Joe Continue Reading

Posted On : 8 Sep 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Oil Industry Talent Has Fled Or Been Fired, So What Comes Next?

Talk of a talent shortage when the oil industry is laying off workers en masse may sound counterintuitive. However, a few years from now, the industry will recover, if its Continue Reading

Posted On : 7 Sep 2020 Published By : Tom Whipple
Category:
  • Shale Oil

U.S, Shale Recovery Leans On Huge Inventory Of DUCs

The recovery of fracking operations in the US is happening largely thanks to an unusually high inventory of drilled but uncompleted wells (DUCs), which is strong enough to sustain the Continue Reading

Posted On : 7 Sep 2020 Published By : Tom Whipple

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