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Small Oil Moves In Where Big Oil Moves Out

Small Oil Moves In Where Big Oil Moves Out

With oil majors increasingly focusing…

Oil Moves Higher As EIA Reports Huge Crude Draw

Oil Moves Higher As EIA Reports Huge Crude Draw

Oil prices jumped on Wednesday…

Energy / Crude Oil

India’s Opportunistic Pursuit Of Cheaper Oil From Russia

Mar 14, 2023 at 09:37 | Ag Metal Miner

Via AG Metal Miner  As the old saying goes, “one man’s crisis is another’s opportunity.” Russia’s invasion of Ukraine and the subsequent sanctions and ruined trade relationships with…

Ban On IOCs In Iraqi Kurdistan May Be Lifted

Mar 14, 2023 at 09:23 | Simon Watkins

The recent signing by Iraq’s federal government in Baghdad of three long-term oil and gas sector contracts with the UAE’s Crescent Petroleum –…

China’s Economic Upswing May Not Boost Oil Prices

Mar 13, 2023 at 10:20 | Simon Watkins

The massive disparity between China’s enormous economy-driven energy needs and its minimal level of domestic oil and gas reserves meant that the country was the key driver of…

Why Energy May Start To Follow Other Stocks & Why That Isn’t Good News

Mar 10, 2023 at 12:28 | Martin Tillier

As the Fed and other central banks around the world have raised rates, some areas of the stock market have posted big losses. Tech, for example, and anything to do…

Big Oil Is Flush With Cash, But Doesn’t Know Where To Spend it

Mar 10, 2023 at 11:30 | Irina Slav

Exxon is considering a change of strategy for Europe because of the windfall taxes governments are using to get some of the money…

The World Desperately Needs More Oil And Gas Investment

Mar 10, 2023 at 10:47 | Felicity Bradstock

Despite high oil prices sending energy company profits soaring over the last year, little of those profits have been reinvested in the oil and gas business. As oil and gas…

Kazakhstan Faces Political Pressure To Diversify Its Oil Export Routes

Mar 10, 2023 at 10:27 | Eurasianet

Astana is upbeat about boosting oil exports, despite caveats over how the war in Ukraine may impact markets and questions about its recently launched shipments to Europe. Kazakhstan plans to…

Pioneer CEO: The Shale Boom Is Over

Mar 09, 2023 at 11:53 | Irina Slav

Earlier this month, the Energy Information Administration forecasted that oil production in the United States would grow by 590,000 bpd to a total…

OPEC Is Back In Control Of The Oil Market 

Mar 09, 2023 at 11:18 | Tsvetana Paraskova

OPEC is once again the most influential force in global oil supply – and will be so for the foreseeable future – now that U.S. shale production growth is slowing,…

Brent Crude And WTI Crude Prices Stabilize After Two-Day Drop

Mar 09, 2023 at 08:38 | Michael Kern

Oil prices are trading flat on Thursday after two consecutive days in decline as a strike in France, a drop in U.S. crude inventories, and a faltering dollar offset fears…

First Crude Oil Draw In 2023 Pushes Oil Prices Higher

Mar 08, 2023 at 09:38 | Irina Slav

Crude oil prices moved up today after the U.S. Energy Information Administration estimated an inventory draw of 1.7 million barrels for the week to March 3. This compared with…

Offshore Oil And Gas Is Back With More Than $200 Billion In New Investment

Mar 07, 2023 at 09:06 | Rystad Energy

  The offshore oil and gas (O&G) sector is set for the highest growth in a decade in the next two years, with $214 billion of new project…

Is India Drifting Away From The U.S.?

Mar 07, 2023 at 09:01 | Simon Watkins

India last week stepped up its negotiations with the U.S. aimed at continuing to import as much oil from Russia as it requires, regardless of current and future…

Understanding Peak Oil: What It Is And Why It Matters

Mar 07, 2023 at 09:00 | Michael Kern

Are we running out of oil?  This question has been on the minds of many experts in recent years.  The answer lies in the concept of peak oil -…

Offshore Oil And Gas Drilling: A Comprehensive Guide

Mar 06, 2023 at 10:11 | Michael Kern

Offshore oil and gas drilling is a complex process that involves drilling into the seabed to extract oil and natural gas reserves. The process has been used for decades,…

U.S. Oil Producers Prioritize Short-Term Gains Over Future Output

Mar 06, 2023 at 09:27 | ZeroHedge

U.S. oil companies have prioritized shareholder returns over future output, resulting in a $128 billion windfall for investors and marking the first time in a decade that drillers…

Africa’s Oil Industry Is Set To Flourish In 2023

Mar 06, 2023 at 09:12 | Felicity Bradstock

Several energy firms have developed oil and gas projects in Africa and the Caribbean in recent years as they shift to focus on low-carbon oil and future-proofing their…

Natural Gas Shortages In Colombia: Is An Energy Crisis Imminent?

Mar 03, 2023 at 09:48 | Matthew Smith

The strife-torn Latin American nation of Colombia is facing considerable uncertainty after the first leftist president in the country’s modern history Gustavo Petro embarked upon a plan to end contracting…

Oil And Gas Jobs: What It Takes To Make It In The Oil Industry

Mar 03, 2023 at 09:14 | Michael Kern

The oil industry is a vast and complex field that offers numerous job opportunities for those interested in working there. The oil and gas sector is responsible for producing, exploring,…

How Russia's War On Ukraine Is Altering Global Crude Oil Trade

Mar 03, 2023 at 08:53 | ZeroHedge

The Ukraine-Russia war has rerouted crude tanker flows over the past year, equating to higher profits for shipowners. But the upside is…

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