By Karolin Schaps and David Dolan ISTANBUL (Reuters) – The world might be heading for an oil supply shortage following a steep drop in investments and a lack of fresh conventional discoveries, Saudi Aramco’s chief executive said on Monday. Unconventional shale oil and alternative energy resources are an important factor to help meet future demand […]
via Aramco CEO sees oil supply shortage as investments, discoveries drop — The Crusader Journal
Last Friday I wrote about the single rig-drop in the Baker Hughes U.S. rig count, noting that it could be an early harbinger of a second-half 2017 slowing of the somewhat frantic pace of drilling we saw during the year’s first six months. We’ll need to wait to see what happens in the next two weeks […]
via U.S. Shale Industry Is Nimble, Except When It Isn’t — DB DAILY UPDATE
The U.S. Energy Information Administration reported this morning that crude oil inventories dropped by more than 5 million barrels last week and gasoline inventories by 200,000 barrels. Crude oil…
via Crude Oil Prices Move Higher on Oil, Gasoline Inventory Declines — 24/7 Wall St.
Orbis Research has announced the addition of the “Global Palm oil (crude) Industry 2017 Market Research Report: Market Size, and Forecasts” report to their offering. The Global Palm oil (crude) Industry Situation and Prospects Research report is a professional and in-depth study on the current state of the Palm oil (crude) industry. In 2016, the […]
Across all the members of the alternative corporate State, no community is more ever-present than the Texas oil business. Did Trump fire the tomahawks at Assad to protect US access to oil…..or to disrupt access, and help Texas out? The Slog looks at means and motive. Here are a few things to think about. […]
25/04/2017 12:47 Asian Oilfield Services, a provider of 2D & 3D Seismic Services in India, on Tuesday said it has successfully completed the mobilization of crew and equipment of 2 more contracts totaling Rs 111 crores. “The company has successfully completed the mobilization of crew and equipment of 2 more contracts totaling Rs 111 crores […]
via Asian Oilfield Services completes mobilization of 2 contracts — CSB Blog
