Financial crisis has made borrowing rates ‘unreasonable’ At least four groups are eyeing the project More pipeline capacity is needed to further develop Vaca Muerta gas Mar del Plata, Argentina Continue Reading
Summary of Weekly Petroleum Data for the week ending November 1, 2019 U.S. crude oil refinery inputs averaged 15.8 million barrels per day during the week ending November 1, 2019, Continue Reading
Welcome to the new era of moderation for shale producers. IHS Markit predicts that growth in U.S. oil production is heading for a “major slowdown,” falling from 440,000 barrels per Continue Reading
Two shale pioneers think the days of relentless production growth from US unconventional oil fields are ending. (Bloomberg) — The days of relentless production growth from U.S. shale oil fields Continue Reading
A few high-profile shale executives say the glory days of shale drilling are over. In a round of earnings calls, the financial results were mixed. A few companies beat earnings Continue Reading
There’s trouble brewing in the U.S. largest oil company while most investors remain in the dark. ExxonMobil added a record number of wells in the Permian during the first three Continue Reading
The first trade surplus in petroleum in more than forty years helped the U.S. post a lower trade deficit in September compared to August, but overall U.S. exports and imports Continue Reading
Nationalist politics hinder climate goals US shale success delays energy transition by a decade Stranded assets concerns changing output priorities Denver — Current geopolitics may be hurting future oil and Continue Reading
The massive wave of investment that went into offshore oil projects earlier this decade may produce a lot of oil, but profits might not materialize. Earlier this decade, between 2010 Continue Reading
The Middle East is oil. In fact, it’s a staggering 800+ billion barrels of oil, or nearly half of the world’s reserves. But there’s nothing left to discover. Forget the Continue Reading
