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Category: Oil Supply

Category:
  • Nigeria
  • Oil Supply

Nigeria: 3 Billion People Lack Clean Cooking Fuel – Opec Boss

Global leaders must have a rethink on energy poverty in order to save around three billion people using unclean fuels for cooking and over one billion others without access to Continue Reading

Posted On : 22 Jun 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Colorado sees bottlenecks crimping oil production

Pipeline limitations near the U.S. inland storage hub in Cushing, Okla., create headwinds for growth in Colorado oil production, a state report found. Colorado crude oil production more than tripled Continue Reading

Posted On : 22 Jun 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Permian Bottlenecks Begin To Bite

The pipeline constraints in the Permian are finally starting to bite, threatening to derail the extraordinary production boom that has been underway for the last few years. Permian drillers are Continue Reading

Posted On : 22 Jun 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Unfracked Wells Growing as Permian Pipe Scarcity Worsens

Pipeline bottlenecks in North America’s biggest oil field are so pervasive that drillers are quitting new wells at a record pace. And it’s about to get a lot worse. The Continue Reading

Posted On : 22 Jun 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Hess: Focus On Returns Now Will Hurt Long-Term US Shale Oil Investment

Investor pressure on oil producers to focus more attention on shareholder returns and less on output will drive down vital industry investment in the long term, a leading U.S. shale Continue Reading

Posted On : 22 Jun 2018 Published By : Tom Whipple
Category:
  • OPEC
  • Shale Oil

U.S. shale executive pushes OPEC to gradually boost output

OPEC should boost daily output by roughly 1 million barrels over time to keep global crude supply and demand in the balance as production dips elsewhere, a leading U.S. shale Continue Reading

Posted On : 20 Jun 2018 Published By : Tom Whipple
Category:
  • Offshore

Trump erases Obama-era offshore rules

Executive action from the U.S. president eases offshore energy planning burdens, an industry group said, though critics said it was a war on oceans. President Donald Trump signed an executive Continue Reading

Posted On : 20 Jun 2018 Published By : Tom Whipple
Category:
  • Shale Oil

The Permian Faces Shut Ins Due To Oil Pipeline Shortage

The fastest-growing oil producing region in the United States, the Permian, is nearing the limits of its pipeline takeaway capacity and some producers may be forced to shut in wells Continue Reading

Posted On : 20 Jun 2018 Published By : Tom Whipple
Category:
  • Shale Oil

US shale driller Pioneer asks OPEC to open taps to prevent $100/b oil price spike –

The chairman of Permian heavyweight Pioneer Natural Resources took the unusual step Wednesday of publicly asking OPEC to pump more oil, arguing the price range of $60-$80/b is best for Continue Reading

Posted On : 20 Jun 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Weekly Petroleum Status Report

Summary of Weekly Petroleum Data for the week ending June 15, 2018 U.S. crude oil refinery inputs averaged 17.7 million barrels per day during the week ending June 15, 2018, Continue Reading

Posted On : 20 Jun 2018 Published By : Tom Whipple

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