All posts by InboundRSS

EIA: Gulf Of Mexico Oil And Gas Production Remains Strong

Crude And Condensate BOEM has March 2018 production at 1696 kbpd, which is down 1 percent month-on-month and 4 percent year-on-year (March 2017 was the peak production month for GoM so far). EIA numbers were very similar, although last month’s were higher and haven’t been revised yet – typically EIA numbers end up almost exactly corresponding to the BOEM reported total qualified lease production, whereas BOEM can be a little higher, maybe including test wells or non-qualified leases. (Click to enlarge)The major new project, Stampede,…

Source: Oilprice.com

Check Out the Preliminary Conference Agenda for CLEAN GULF 2018!

A full and robust initial conference agenda has been put together for the 2018 CLEAN GULF Conference & Exhibition! 38 conference sessions have been programmed by our planning committee, made up of a group of 80+ operators, state and federal regulators, consultants, service companies and OSROs. The sessions programmed cover topics that were identified as the most pressing issues unique…

The post Check Out the Preliminary Conference Agenda for CLEAN GULF 2018! appeared first on OILMAN Magazine.

Worldwide Energy Demand Expected To Grow

Crude oil and natural gas will continue to provide a major portion of the world‘s energy needs for the next 20 years, according to a study released by the Baker Institute for Public Policy at Rice University. The authors of the study, Anna Mikulska Ph.D. and Michael D. Maher Ph.D., examined the trends in energy demand patterns by the U.S.…

The post Worldwide Energy Demand Expected To Grow appeared first on OILMAN Magazine.

Republicans, Democrats, and oil companies have come together to launch a new campaign to tackle climate change. But when one examines the fine print of the deal — and the financial benefits flowing to some of the people touting it — the effort looks much less utopian.

Republicans, Democrats, and oil companies have come together to launch a new campaign to tackle climate change. But when one examines the fine print of the deal — and the financial benefits flowing to some of the people touting it — the effort looks much less utopian.

Oil Companies and Lobbyists Say They’re Ready To Solve Climate Change? Check The Fine Print

By David Halperin, crossposted from Republic Report

Source: FB-RSS feed for DeSmogBlog

U.S. Sanctions Won’t Affect Iraq-Iran Crude Oil Swap Deal

The return of the U.S. sanctions on Iran will not impact an agreement between Iran and Iraq to swap crude oil, Iraq’s Oil Minister Jabbar al-Luiebi said on Friday. Iraq and Iran agreed last year to begin an oil swap deal this year, under which Iraq will send oil from its northern Kirkuk fields to Iran by truck, to be refined in Iran, while Iran will send the same amount of crude it receives to Iraq’s southern ports for exports. The deal started earlier this month, after months of delays of the original deadline to begin. Currently,…

Source: Oilprice.com

U.S. Sanctions Won’t Affect Iraq-Iran Crude Oil Swap Deal

The return of the U.S. sanctions on Iran will not impact an agreement between Iran and Iraq to swap crude oil, Iraq’s Oil Minister Jabbar al-Luiebi said on Friday. Iraq and Iran agreed last year to begin an oil swap deal this year, under which Iraq will send oil from its northern Kirkuk fields to Iran by truck, to be refined in Iran, while Iran will send the same amount of crude it receives to Iraq’s southern ports for exports. The deal started earlier this month, after months of delays of the original deadline to begin. Currently,…

Source: Oilprice.com

U.S. Sanctions Won’t Affect Iraq-Iran Crude Oil Swap Deal

The return of the U.S. sanctions on Iran will not impact an agreement between Iran and Iraq to swap crude oil, Iraq’s Oil Minister Jabbar al-Luiebi said on Friday. Iraq and Iran agreed last year to begin an oil swap deal this year, under which Iraq will send oil from its northern Kirkuk fields to Iran by truck, to be refined in Iran, while Iran will send the same amount of crude it receives to Iraq’s southern ports for exports. The deal started earlier this month, after months of delays of the original deadline to begin. Currently,…

Source: Oilprice.com

U.S. Sanctions Won’t Affect Iraq-Iran Crude Oil Swap Deal

The return of the U.S. sanctions on Iran will not impact an agreement between Iran and Iraq to swap crude oil, Iraq’s Oil Minister Jabbar al-Luiebi said on Friday. Iraq and Iran agreed last year to begin an oil swap deal this year, under which Iraq will send oil from its northern Kirkuk fields to Iran by truck, to be refined in Iran, while Iran will send the same amount of crude it receives to Iraq’s southern ports for exports. The deal started earlier this month, after months of delays of the original deadline to begin. Currently,…

Source: Oilprice.com

Is This The Biggest Fintech Opportunity Of 2018?

Immigration is on everyone’s mind right now…just look at the news. But it’s important to remember: down south, it’s not just people moving north across the border. There’s a lot of money moving south across it as well. Each year, more than $138 billion exits the United States, in the form of remittance: money earned within the U.S. which is then sent back to family members living abroad. Almost all that money is earned by people living off the grid, without bank accounts or access to financial services, who go to…

Source: Oilprice.com

Video – At a recent industry conference oil industry executives admitted that “‘We Don’t Know What We Doing” while also predicting that the industry is likely overbuilding in the Permian Basin which could result in stranded assets.



At a recent industry conference oil industry executives admitted that "'We Don't Know What We Doing" while also predicting that the industry is likely overbuilding in the Permian Basin which could result in stranded assets.

Source: FB-RSS feed for DeSmogBlog

Oil Companies and Lobbyists Say They’re Ready To Solve Climate Change? Check The Fine Print

Read time: 8 mins

By David Halperin, crossposted from Republic Report

On Wednesday, former senators Trent Lott (R-MS) and John Breaux (D-LA) announced, with a big public relations blitz, a new campaign, Americans for Carbon Dividends, to address the threat of climate change. The effort is being heralded as a breakthrough by some because it is endorsed by big oil and gas companies Exxon Mobil, Royal Dutch Shell, BP, and Total, and it calls for a $40-a-ton carbon tax, incurred at the source of emissions, with revenues to be returned to citizens as dividends, perhaps $2000 a year for each American family of four.

Source: DeSmogBlog

Sudan, South Sudan To Discuss New Oil Recovery Plan

Sudan and South Sudan will discuss plans to recover oil infrastructure and production next week, the foreign minister of Sudan said on Friday. The oil talks will be held when South Sudan’s President Salva Kiir visits Sudan’s capital Khartoum next week. The South Sudan president is scheduled to attend a new round of talks with rebel leader Riek Machar in Khartoum next week. Earlier this month, Sudan and South Sudan were said to have agreed to jointly repair oil infrastructure that was damaged during the bloody civil war that resulted…

Source: Oilprice.com

How To Trade OPEC’s Production Boost

I’ve been waiting for the last minute to write this column, waiting on the decision of OPEC in Vienna this morning. While the final decision isn’t official, it seems that the cartel has agreed to a graduated 1m barrel a day increase, which will deliver a real 600,000 barrels a day more into the global marketplace. This will be viewed as a victory for the Saudis – and a very bullish sign for oil and oil stocks. It still remains to be seen whether the Russians will agree to this proposal, but my thesis all along was that the Saudis…

Source: Oilprice.com

Dalradian Resources, Emera

Securities analysts revised their ratings and price targets on severalCanadian companies, including Dalradian Resources and Emera, on Friday. HIGHLIGHTS * Dalradian Resources Inc : BMO cuts to market perform from outperform * Emera Inc : Ia Securities raises to strong buy from buy * Nemaska Lithium Inc : BMO starts with outperform rating; C$1.50 target [Read More…]

Source: BOE Report

Lithium Americas Announces Results of 2018 Annual General Meeting

VANCOUVER, June 22, 2018 /CNW/ – Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce the results of its annual general meeting of shareholders (the “AGM”) that was held on June 21, 2018. All of the following business items were approved at the AGM by the requisite majority of shareholder [Read More…]

Source: BOE Report

NEB approves variance application from Trans Mountain to alter project plans

Company now cleared to begin construction at its Burnaby Terminal CALGARY, June 22, 2018 /CNW/ – The National Energy Board (NEB) has approved a variance application from Trans Mountain ULC to change its expansion plans for the company's Burnaby Terminal. The decision, released today, says that the changes will significantly improve safety at the terminal, [Read More…]

Source: BOE Report

NEB approves variance application from Trans Mountain to alter project plans

The National Energy Board (NEB) has approved a variance application from Trans Mountain ULC to change its expansion plans for the company’s Burnaby Terminal. The decision, released today, says that the changes will significantly improve safety at the terminal, which is the Trans Mountain Pipeline System end point.

Source: National Energy Board - What's New

Icelandic Whalers Kill First Fin Whale of the Season


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Orca and Human Families


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Strict Standards: Non-static method FWPPlusOpenLinksInNewWindows::addTargetAttribute() should not be called statically in /home/batcholder/public_html/wp-content/plugins/fwp-open-links-in-new-windows/fwp-open-links-in-new-windows.php on line 28

OPEC’s Agreement Sends Oil Prices Soaring

OPEC has finally met, and as most expected, the cartel agreed that any country within the group that has space capacity will be able to boost oil production, with Saudi Arabia and Russia arguably standing to gain the most.  (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge)OPEC issued a communique on Friday that called on a return to 100 percent compliance for the group, down from 152 percent in May. The announcement deferred country-specific allocations, likely…

Source: Oilprice.com

Each year, oil and gas industry operations in the U.S. are leaking roughly 60 percent more methane, a powerful greenhouse gas, into our atmosphere than previous estimates from the U.S. Environmental Protection Agency, which relied heavily on self-reporting by the industry.

Each year, oil and gas industry operations in the U.S. are leaking roughly 60 percent more methane, a powerful greenhouse gas, into our atmosphere than previous estimates from the U.S. Environmental Protection Agency, which relied heavily on self-reporting by the industry.

Methane Leaks from Oil and Gas 60%!H(MISSING)igher Than EPA Estimates, New Study Finds

Each year, oil and gas industry operations in the U.S. are leaking roughly 60 percent more methane, a powerful greenhouse gas, into our atmosphere than previous estimates from the U.S. Environmental Protection Agency, which relied heavily on self-reporting by the industry.

Source: FB-RSS feed for DeSmogBlog