Chinese upstream oil and gas, uranium sectors benefit from private capital BEIJING, Nov 29 (Reuters) – The Chinese upstream oil and gas sector will be further opened up between 2016 and 2020, the official Xinhua news agency reported, citing the vice minister of the Ministry of Land and Resources. The world’s largest energy consumer will introduce […]
Chinese upstream oil and gas sector to open up further by 2020 Read More »
Saudi cut from 10.54 to 10,07 million b/d in proposed OPEC deal VIENNA, Nov 29 (Reuters) – Documents prepared for a ministerial OPEC meeting on Wednesday propose the group cut production by 1.2 million barrels per day from October levels, an OPEC source familiar with the papers said. The papers for the meeting also propose
OPEC ministers to debate total oil cut of 1.2 million b/d Read More »
Energy transitions take 50 to 75 years, regulators need to be patient Outgoing EPA head Gina McCarthy says the clean energy transition can’t be stopped. API head Jack Gerard says the real energy transition is from coal to natural gas. Who’s right? Both of them, as it turns out. My go to expert on energy transitions
Competing ‘energy transition’ visions of Big Oil, EPA Read More »
Dakota Access pipeline protesters’ camp located near construction site By Terray Sylvester CANNON BALL, N.D., Nov 29 (Reuters) – North Dakota law enforcement will begin to block supplies from reaching protesters at a camp near the Dakota Access pipeline construction site in an effort to force demonstrators to vacate the area, officials said on Tuesday. Activists have
Supplies to be blocked from Dakota Access pipeline protesters’ camp Read More »
Some analysts believe without an OPEC deal, oil prices could hit $30/barrel (Reuters) – Oil futures slipped on Tuesday as Iran and Iraq remained at loggerheads with Saudi Arabia over an oil production cut before a long-anticipated meeting of OPEC ministers the following day. The Organization of the Petroleum Exporting Countries said in September it hoped
OPEC deal, if it comes, more face-saver than meaningful: Analysts Read More »
Stone Energy shares up in heavy trading on Tuesday Nov 29 (Reuters) – Stone Energy Corp investor Thomas Satterfield raised his stake in the oil and gas producer and said the company’s restructuring plan “disproportionately impairs” common shareholder interests. Satterfield on Tuesday disclosed a 9.9 per cent stake in the company, up from a passive 6
Stone Energy restructuring plan hurts shareholders: Top investor Read More »
No deal at OPEC meeting, oil could fall to $35/barrel: Goldman Sachs By Ahmad Ghaddar and Vladimir Soldatkin VIENNA, Nov 29 (Reuters) – Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production, making it hard for the Organization of the Petroleum Exporting Countries to reach a deal to limit output and boost
Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting Read More »
Platinum Partners, Black Elk Energy investigated simultaneously By Lawrence Delevingne NEW YORK, Nov 29 (Reuters) – At least four U.S. agencies are investigating former officials of a now-bankrupt oil and gas company once majority owned by troubled hedge fund manager Platinum Partners, according to a legal filing submitted last week. In a motion filed with
U.S. probes hit defunct energy company linked to Platinum Partners Read More »
Encana increased growth guidance to focus on high-return wells, with bulk of capex landing in Permian Basin With oil prices holding steady at around US$45/bbl for several months, many operators feel the worst is over and are consequently raising 2016 production guidance and capex spend, according to Wood Mackenzie. In general, operators are doing more with
US independents raising 2017 capex, especially in Permian Basin Read More »
Background of researchers conducting or analyzing studies equally as important as what they claim to find By Nicole Jacobs, EnergyInDepth StateImpact recently published an article announcing an update to a compendium of anti-fracking health studies put out by Physicians for Social Responsibility (PSR) and Concerned Health Professionals of New York (CHPNY). There were a few
3 important facts missing from StateImpact’s article on fracking, health Read More »
