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Category: Oil Supply

Category:
  • Oil Supply
  • USA

U.S. To Become Net Oil Exporter This Year: EIA

The United States will become a net oil and oil product exporter this year thanks to continued growth in production combined with slacker domestic demand, the Energy Information Administration said Continue Reading

Posted On : 31 Jan 2020 Published By : Tom Whipple
Category:
  • Climate
  • Oil Supply

Socialism, Capitalism and the Transition Away from Fossil Fuels

Students are back at school, and preparing for another wave of Friday strikes in protest at politicians’ failure to tackle global warming. Shocking images of floods in Indonesia, wildfires in Continue Reading

Posted On : 30 Jan 2020 Published By : Tom Whipple
Category:
  • Canada
  • Tar Sands

Is This The End Of Canada’s Oil Sands?

Another billion-dollar energy project is polarizing Canada once again, but this time, it’s got nothing to do with pipelines , or even LNG terminals . It’s the Frontier oil sands Continue Reading

Posted On : 30 Jan 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

US oil output growth to slow, but peak still over a decade away: EIA

Highlights EIA sees just 400,000 b/d in growth over a decade Alaska output forecast to nearly double Washington — The US shale oil boom will not burn out, but will Continue Reading

Posted On : 30 Jan 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Debt-laden energy companies are taking whatever cash they can get

Range Resources rushed to refinance its debt at the start of this year, taking advantage of a rally in oil prices and renewed investor demand for junk-rated energy bonds. Despite the Continue Reading

Posted On : 29 Jan 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Hess Raises 2020 Capex To $3B To Develop Bakken, Guyana

U.S. oil producer Hess Corporation said on Tuesday it expects to allocate US$3 billion for production, development, and exploration in 2020, focusing on high-return investments in the Bakken shale play Continue Reading

Posted On : 29 Jan 2020 Published By : Tom Whipple
Category:
  • Shale Oil

After a Decade of Fracking, Billions of Dollars Lost and a Climate in Crisis

As 2020 begins, the impacts of climate change have become increasingly clear around the world. The new year started amid devastating wildfires, tied to the worst droughts Australia has experienced Continue Reading

Posted On : 29 Jan 2020 Published By : Tom Whipple
Category:
  • Argentina
  • Shale Oil

Equinor, Shell and Total vow to press on with projects in Vaca Muerta

Equinor, Shell and Total vowed to press on with projects in Vaca Muerta, even as policy uncertainty and price controls make it harder to plan investment in Argentina’s biggest shale Continue Reading

Posted On : 28 Jan 2020 Published By : Tom Whipple
Category:
  • Oil Supply

Non-OPEC Production Growth is Struggling

A Post by Ovi at peakoilbarrel. Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIA’s International Energy Continue Reading

Posted On : 24 Jan 2020 Published By : Tom Whipple
Category:
  • Shale Oil

The Great American Shale Oil & Gas Bust: Fracking Gushes Bankruptcies, Defaulted Debt, and Worthless Shares

Texas at the epicenter. We’re witnessing the destruction of money that loosey-goosey monetary policies encouraged. Following the sharp re-drop in oil and natural gas prices in late 2018, bankruptcy filings Continue Reading

Posted On : 24 Jan 2020 Published By : Tom Whipple

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