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Trump Says U.S. Should Have Stolen Iraq’s Oil, ‘Maybe We’ll Have Another Chance’

While addressing the CIA on Saturday, President Donald Trump took a break from lambasting the media to remind everyone that he thinks the U.S. should have stolen Iraq's oil. He made the argument numerous times on the campaign trail, suggesting that the U.S. could take Iraq's oil while fighting IS ...

OilVoice Press - OilVoice


Posted 1 year agoLink > Donald TrumpIraq

Exclusive: Cost of pump-at-will oil policy spurred Saudi OPEC U-turn

Sources say the kingdom may have stretched its current limits by extracting a record of around 10.7 million bpd this year, which could be one reason why Riyadh pushed so hard for a global deal to cut production.Riyadh, the world's top oil exporter, felt the burn of cheap oil this year when crude w ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > OPECoil priceSaudi Arabia

Oil hits highest since mid-2015 as OPEC and rivals agree historic deal

LONDON Oil rose by as much as 6.5 percent on Monday to an 18-month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and boost prices.Brent crude futures were up $2.38 at $56.72 per barrel by 1002 GMT, having hit ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > OPECoil price

Oil prices continue rise as OPEC, Russia agree to cut production

Oil prices have continued their rise after oil producers cartel OPEC and Russia agreed to cut production at a meeting in Vienna yesterday. US stocks have rallied to record highs following the election of Donald Trump as the next US president on optimism about his plans for more infrastructure spe ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > OPECoil priceRussia

Oil surges 10pc as OPEC agrees to cut production

The deal brokered at talks in Vienna was achieved after OPEC's largest producer Saudi Arabia gave ground and agreed that Iran — still recovering from trade sanctions — was a special case and would be exempted from the cuts. The deal will reduce output by 1.8MMbd from January 2017 and runs for 6 m ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > OPECoil priceSaudi Arabia +1

OPEC’s Last Push for Oil-Cuts Deal Shifts Focus to Iran, Russia

OPEC's final push to implement the Algiers supply accord and boost oil prices shifted focus to Iran and non-members such as Russia as Iraq appeared to reverse its opposition to output cuts. The extension of shuttle diplomacy -- including a visit to Tehran from an architect of the September agreem ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > OPECIranRussia

PressTV-Iran to sell oil at $50 per barrel next year

Iran's President Hassan Rouhani, who presented the budget bill to the Parliament on Sunday, portrayed a positive picture of the country's oil revenues for the next year. Rouhani emphasized that the prospects will be specifically positive in light of the country's recent “victory” in OPEC to move ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > Iranoil price

Huge oil, gas reserves found in Balochistan

QUETTA:  A huge reserve of oil and gas has been found in Jandran area of Marri Agency of Balochistan. Huge oil, gas reserves found in Balochistan was posted in Business of TheNews International - https://www.thenews.com.pk on December 26, 2016 and was last updated on December 26, 2016. Permanent ...

Adam Marmaras - OilVoice


Posted 1 year agoLink > Balochistanoil find

The Future Holds Great Promise

His Excellency Ezekiel Lol Gatkuoth, Minister of Petroleum of South Sudan, talks to AOP about the challenges faced by Africa's youngest nation, the state of the energy industry and new investments. South Sudan's development will be based on oil and gas, so our duty is to get the wells producing, ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoLink > Ezekiel Lol GatkuothSouth SudanJuba +4

Play by Play: Lake Turkana and Lake Victoria

The discovery of oil in the Kenyan side of Lake Turkana in 2012 by Tullow Oil dramatically shifted the area's oil and gas profile. The most northern of the great lakes of the East African Rift System (EARS), Lake Turkana is today dominated by one oil and gas company, Tullow Oil. Tullow Oil, in p ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoLink > Lake TurkanaLake VictoriaTullow Oil +1

Play by Play: Lake Tanganyika and Lake Rukwa

The earliest attempts at evaluating the area's oil and gas potential date back to the late 1950s in Burundi, which holds only a very small part of the lake's surface, when a gravimetric prospecting survey was conducted in the basin of the Ruzizi plain. However, industry players had initially requ ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoLink > Lake TanganyikaLake RukwaTanzania +1

Exclusive: Maersk, DONG oil and gas merger talks stall over price - sources

COPENHAGEN/LONDON Talks between shipping group A.P. Moller-Maersk (MAERSKb.CO) and DONG Energy (DENERG.CO) to merge their oil and gas business have stalled after the two Danish firms could not agree on a price, industry and banking sources said on Wednesday.The breakdown in talks aimed at creating ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > Maersk OilDONG Oilmerger

Study: Oil, Gas Development Costs Fall, But Could Go Lower

Looking specifically at seven supermajors—BP, Royal Dutch Shell Plc (NYSE: RDS.A), Eni (NYSE: E), Chevron Corp. (NYSE: CVX), ExxonMobil Corp. (NYSE: XOM), Total (NYSE: TOT) and ConocoPhillips (NYSE: COP)—development cost per barrel of oil equivalent (boe) increased by 66% between 2011 and 2015, bu ...

Muktadir Ur Rahman


Posted 1 year agoLink > Supermajors Cost IndexBPShell +20

Supermajors’ Cost Index: How Efficient are they in Developing their Assets? | Petroleum Africa

The ‘lower for longer' oil price environment has forced oil and gas companies to look hard at their cost structures. Despite development costs accounting for more than 50% of total costs, the industry currently acks a widely accepted measure for assessing efficiency in this area.

Muktadir Ur Rahman


Posted 1 year agoLink > Supermajors Cost IndexBPShell +20

Well Testing Uncertainties Online (Simple Version)

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Ali Azi


Posted 6 days agoLink > welltestinguncertaintyWell testing +6
Last fetch 12/16/2018 10:55:27 AM