Petrodollars: Deal between Kurdish region and Iraq may be a big boost to...
After verbally sparring for years over federal control over oil production on Iraq’s Kurdish region, the two sides now have come to an understanding. As Platts’ Tamsin Carlisle writes in Oilgram News‘...
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At the Wellhead: the legacy of tough Libyan oil and gas contracts
Among all the strife in Libya, potential or actual investors in the country’s oil and gas industry have another problem: a contract structure that is discouraging new investment. It was a key topic at...
View ArticlePetrodollars: the shale gas boom has been slow to arrive in Poland
Poland was always the European country that most aggressively welcomed the shale gas revolution. But success has been fleeting and there have been plenty of setbacks, as Stuart Elliot discusses in...
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California gasoline demand rolls out with the surf
Aiden and Sophie are going to need to learn to get along in the back seat, because Mom and Dad are about to cut into their elbow room. It’s just one consequence of consistently dropping gasoline demand...
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Pipeline moves mean uncertain future for three Canadian grades of crude oil
All the proposed pipelines across eastern Canada are capturing headlines, but are leaving three crudes out in the cold, literally. Hibernia, Terra Nova and White Rose, the three grades produced from...
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New Frontiers: Now it’s crude oil from algae that is being tested
Turning algae into a distillate-type fuel has long been one prospective area of renewable liquid fuels; it’s even the renewable project where ExxonMobil has been the most aggressive in its investments....
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Getting enough premium gasoline remains a grade-A challenge at the rack
OK, raise your hand if you have done one of these things, ever: A) Bought premium gasoline to impress your date. (This one’s mainly for you, fellas. Why you didn’t fill up before you went out is...
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At the Wellhead: Malaysia sets out a plan to reverse its oil output slide
Malaysia wants to reverse a long decline in its crude oil output. It recently completed a project that it sees as a major step in that direction. Mriganka Jaipuriyar discusses the project in this...
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US refining margins improving, but not for imported grades
Several oil companies this week cited lower US refining margins for a drop in third quarter earnings. ExxonMobil Thursday, for instance, reported an 18% drop in earnings, while PBF Energy reported a Q3...
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Guest entry: Why the oil majors are getting hammered
In another of our occasional guest blog entries, Steven Kopits of the New York office of Douglas-Westwood Associates, an energy business analyst firm, looks at the relationship between the ability of...
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A well-known independent oil company is getting into gas stations…sort of
A lot of integrated oil companies have split up into separate upstream and downstream companies; witness Marathon and ConocoPhillips. Others have sold their downstream businesses piecemeal; Hess is...
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New Frontiers: New life for once-spurned Gulf of Mexico oil and gas leases
Starr Spencer attended last week’s Gulf of Mexico lease sale in New Orleans. She noticed something about the bidding: old, abandoned leases have gotten renewed interest. She reviews the trend in this...
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At the Wellhead: Indonesia tries to kickstart its faltering oil industry
The dwindling fortunes of Indonesia’s energy outlook is forcing the country to take radical steps to change its future. Mriganka Jaipuriyar, in this week’s Oilgram News column At the Wellhead, reviews...
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More twists coming for PNG’s emerging LNG industry?
It seems there might still be some twists and turns in the long saga of InterOil’s Papua New Guinea LNG project, with analysts speculating that arbitration proceedings launched by Oil Search are...
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Petrodollars: Figuring out what to do with PNG’s new LNG wealth
As Papua New Guinea enters the small fraternity of LNG exporters, it needs to figure out what do with the money the poor nation is going to earn. Christine Forster looks at the issue in this week’s...
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The crude price plunge and LNG, a tenuous link
Over the last several months there has been much discussion about the impact of falling crude oil prices on the liquefied natural gas market. The conventional argument goes something like this: lower...
View ArticleMexico’s landmark oil lease sale results disappoint
Mexico’s first upstream auction in 77 years proved to be a disappointment July 16, with the award of just two of the 14 blocks on offer. After months of highly promoted conferences and publicity...
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Struggles to cut cost delay oil play production in Argentina: At the Wellhead
There are always myriad reasons why vast oil resources worldwide may not be produced, and in this week’s Oilgram News column, At the Wellhead, Charles Newbery digs into challenges facing the biggest...
View ArticleWith JV, Sabic makes bold move for North American petchem markets
Leave it to ExxonMobil Chemical and Sabic to do it big. The global petrochemical heavyweights made headlines recently in announcing they are considering a joint venture for a multibillion-dollar...
View ArticlePetchems a bright spot in an otherwise arduous earnings season
Petrochemicals are offering growth as energy companies struggle with lingering low crude prices, though some face project delays and others are proceeding with caution, the latest quarterly earnings...
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