Top

Tag: oil


Chemical, Conventional Fuels

The Oil Industry Needs A U.S./China Trade Deal

September 12, 2019

Via: Forbes

China’s decision on September 11 to waive tariffs on an array of U.S. exports came as welcome news to a variety of American businesses, as did the Trump Administration’s reciprocal action of delaying new tariffs on Chinese goods scheduled to […]


Commercialization, Conventional Fuels

Saudi Arabia says deeper OPEC cuts will be considered in December

September 12, 2019

Via: CNBC energy

Saudi Arabia’s newly appointed energy minister said Thursday that OPEC and non-OPEC partners would consider deeper production cuts at its next full meeting. Speaking shortly after the conclusion of the Joint Ministerial Monitoring Committee (JMMC) in Abu Dhabi, Prince Abdulaziz […]


Commercialization, Conventional Fuels

‘Expect some volatility’ in oil price as US output flows back, IHS Markit’s Yergin says

September 10, 2019

Via: CNBC energy

A rise in U.S. shale oil output and lackluster global demand will create volatility for oil markets, according to Dan Yergin, IHS Markit’s vice chairman. “The pipeline bottlenecks are in the process of being resolved, so a lot more oil […]


Commercialization, Conventional Fuels

OPEC is struggling to prove it can still arrest oil price declines in the age of Trump, expert says

September 5, 2019

Via: CNBC energy

OPEC is under intensifying pressure to show it still has the power to reverse a slide in oil prices, according to RBC Capital Market’s Helima Croft. The Middle East-dominated producer group has struggled to shore up crude futures this year, […]


Commercialization, Conventional Fuels

Oil Market Surprise: Return Of The Bulls

August 29, 2019

Via: Forbes

After oil prices dropped about $10 a barrel since this spring, they now appear to be on an upward trajectory, despite continued fears that the trade war will cause a recession or that the imbroglio between Iran and President Trump […]


Energy Economics

Toll of Trump’s Trade War Starting To Show In Oil Industry

August 27, 2019

Via: Forbes

President Donald Trump has done much to support the U.S. oil and gas industry since moving into the White House in 2017, but his approach to trade policy threatens to undo much of the good. Trump escalated the trade war […]


News and Policies, U.S.

U.S. Breaks Records to Become Global Leader in Oil and Natural Gas Production

August 21, 2019

Via: Energy Collective

The U.S. energy revolution that’s taken place since 2000 catapulted the country to become the global leader in petroleum, including oil, and natural gas production in 2018, according to a recent report from the Energy Information Administration: “Last year’s increase […]


News and Policies, World

Saudi Arabia is dramatically changing its oil exports to China and the US

August 15, 2019

Via: CNBC energy

Saudi Arabia has seriously ramped up its oil exports to China in recent months. How dramatic is the change? Take a look at this graph, which uses data from oil tanker tracking firm TankerTrackers.com. The Saudi Kingdom’s crude shipments to […]


Chemical, Conventional Fuels

Can Newly Oil Rich Nations Avoid The Resource Curse?

August 14, 2019

Via: Forbes

Google “oil” and “curse” and you get about 25 million hits, which is pretty good considering “michael lynch petroleum idiot” only gets a quarter of a million. (To which my daughter once said, “Dad, if all those people think you’re […]


Commercialization, Conventional Fuels

Oil rises despite fears of a global economic downturn

August 12, 2019

Via: CNBC energy

Oil prices rose on Monday despite worries about a global economic slowdown and the ongoing U.S.-China trade war, which has reduced demand for commodities such as crude. International benchmark Brent crude futures were at $58.65 a barrel, up 10 cents […]


Commercialization, Conventional Fuels

Oil Markets Could See Volatility, Arbitrage As Shipping Fuel Shifts

August 9, 2019

Via: Forbes

A United Nations mandate on the shipping industry to remove up to 85% of the sulfur content from its fuel to cut 3% of global carbon dioxide emissions could throw the industry into massive disruption. Some analysts argue it could […]


Chemical, Conventional Fuels

Here’s What Is Really Happening In The Permian Basin

August 8, 2019

Via: Forbes

What we’re seeing is that [Permian Basin] wells drilled this year are continuing the trend of being better than they were the year before, across the whole Permian – the New Mexico Permian and the Texas Permian. Average per-well peak […]


Commercialization, Conventional Fuels

Oil Prices Undervalued Amid US-China Trade Fight

August 8, 2019

Via: Forbes

Oil prices have tumbled in the past month well into bear-market territory. The market-opening price for WTI on Thursday was slightly above $52 a barrel. The Brent international benchmark price was just above $57 a barrel. The oil sector is […]


Chemical, Commercialization, Conventional Fuels

Global Chemical Enhanced Oil Recovery (EOR / IOR) Market 2019-2025

August 7, 2019

Via: PR Newswire

The “Chemical Enhanced Oil Recovery (EOR / IOR) – Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering. Chemical Enhanced Oil Recovery (EOR / IOR) market worldwide is projected to grow by US$329.2 Thousand, guided by a […]


Commercialization, Conventional Fuels, News and Policies, U.S.

U.S. Department of Energy – Energy Department Invests $40 Million in Enhanced Oil Recovery

August 5, 2019

Via: Energy Manager Today

The U.S. Department of Energy’s (DOE) Office of Fossil Energy (FE) selected five projects to receive approximately $39.9 million in federal funding for cost-shared research and development projects under funding opportunity announcement (FOA), Advanced Technologies for Enhanced Oil Recovery. DOE […]