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Tag: oil


Commercialization, Conventional Fuels

Buffett’s Betting on Oil, and He’s Rarely Wrong

May 24, 2019

Via: Forbes

I’ve long been a believer that there’s always opportunity in the energy field, if you know where to look for it. With his recent commitment of $10 BN to help Occidental acquire Anadarko, Warren Buffett appears to be of the […]


Commercialization, Conventional Fuels

Offshore field sanctioning nears peak

May 23, 2019

Via: Energy Global

The independent energy research and consultancy headquartered in Norway with offices across the globe forecasts that the service market will slow from 7% annual growth per year in 2019-2022 to only 3% from 2022 to 2025. Commenting on the numbers, […]


Chemical, Conventional Fuels, Domestic, Energy Consumption

3 Things To Know About The U.S. Oil And Natural Gas Industry

May 15, 2019

Via: Forbes

Obviously, there’s a lot more than just three, but let me hit on the triad of pillars. Producing at All-Time Records The U.S. shale revolution that started in 2008 has not just transformed our domestic energy outlook but also energy […]


Commercialization, Conventional Fuels

The Oil And Gas Situation: International Tensions Rise As U.S. Shale Costs Fall

May 14, 2019

Via: Forbes

Now that the battle to acquire Anadarko Petroleum APC +0% has ended, a host of other key industry news items are percolating up to the top of the page. Let’s review the always-fluid Oil And Gas Situation for mid-May, 2019. […]


Commercialization, Conventional Fuels

Opec: kicking back against transparency?

May 10, 2019

Via: Petroleum Economist

Oil market watchers hoping to discern why Opec has cancelled its customary April meeting might take a clue from the poker expression of playing cards close to one’s chest. While potential strains over the Opec+ production agreement and uncertainty over […]


Chemical, Conventional Fuels

Renewable Energy Group, Broco Oil enter biodiesel partnership

May 7, 2019

Via: Energy Collective

Biodiesel producer Renewable Energy Group (REG) has entered a partnership with Broco Oil Company to provide clean fuel options to heating oil dealers in the northeast of the US. Under the partnership, the two companies will collaborate on a biodiesel […]


Commercialization, Conventional Fuels

Oil markets face three possible scenarios in Venezuela

May 2, 2019

Via: CNBC energy

Venezuela’s political and humanitarian crisis remains fluid with President Nicolas Maduro clinging to power amid protests led by opposition leader Juan Guaido. Street protests are expected to continue Thursday with Guaido telling thousands of supporters yesterday that “there’s no turning […]


Commercialization, Conventional Fuels

First Quarter Energy Sector Earnings: Chevron, ExxonMobil, Kinder Morgan, Valero and ConocoPhillips

May 1, 2019

Via: Forbes

First quarter earnings are starting to roll in, giving us a handle on the health of the oil and gas industry. Today, I will review earnings from several different segments of the energy sector. Chevron For the first quarter, Chevron […]


Chemical, Conventional Fuels

Investors Demand Oil, Gas Firms Adopt Climate Targets, But They Must Also Apply Them To Their Funds

April 29, 2019

Via: Forbes

Oil companies face an existential threat unless they adopt business models that support the Agreement’s targets on climate change, according to investors with $10 trillion of assets under management. Yet many of those same investors are failing to practice what […]


Commercialization, Conventional Fuels

Trump says he called OPEC and told producer group to bring oil prices down

April 26, 2019

Via: CNBC energy

President Donald Trump on Friday said he “called up” OPEC and told the producer group to take action to bring down fuel costs, making a dubious claim that gasoline prices are already falling. Crude futures extended earlier losses following Trump’s […]


News and Policies, U.S.

Mexico Is Now Top U.S. Trade Partner, Ahead of China, Canada

April 26, 2019

Via: Forbes

Mexico is the United States’ top trade partner. At least for the moment. This, to my knowledge, is a first. Mexico traditionally ranks third among U.S. trade partners, behind China and Canada. This realignment shines a slightly brighter light on […]


Commercialization, Conventional Fuels

Larry Fink isn’t concerned about Iran sanctions’ impact on the price of oil

April 24, 2019

Via: CNBC energy

BlackRock’s billionaire chief executive isn’t too worried about the oil price despite a recent spike brought on by Iran sanctions news. Citing robust crude inventories beyond hotspots like Venezuela and Iran, where civil conflict and U.S. sanctions have taken millions […]


News and Policies, World

Here’s why China and India will remain defiant amid threat of US sanctions for Iranian oil imports

April 23, 2019

Via: CNBC energy

China and India are both unlikely to completely cut off Iranian crude imports, energy analysts have said, despite the imminent threat of U.S. sanctions. President Donald Trump’s administration announced Monday that buyers of Iranian oil must stop purchases by May […]


Commercialization, Conventional Fuels

U.S. Oil, Natural Gas Prices Racing In Opposite Directions

April 19, 2019

Via: Forbes

With prompt month settling below $2.50 per MMBtu yesterday, U.S. natural gas prices have tanked to their lowest levels since June 2016. For April thus far, natural gas prices have declined 8-10%, sliced in half since their mid-November highs Importantly, […]


Commercialization, Conventional Fuels

Oil Refinery Breakdowns Spike Gasoline Prices

April 10, 2019

Via: Forbes

Gasoline prices have really spiked these last few weeks and will keep on rising because the United States does not have sufficient refinery capacity to make the gasoline and diesel we need. And the refineries we have are old and […]