Archive for the ‘oil’ Category

Few surprises expected from OPEC despite cracks over policy — Fuel for Thought

Never say never.

With this in mind, it would probably be foolish to rule out some kind of deal between OPEC and non-OPEC producers to manage supply.

But, right now, there’s nothing to suggest that any such pact is even a remote possibility, and few OPEC watchers expect the oil producer group to do anything other than rubber-stamp current output policy at talks in Vienna next week.

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The Keystone XL saga: missed chances, shifting sands — Fuel for Thought

If Bill O’Reilly, author of such books as “Killing Lincoln” and “Killing Kennedy” were to turn his attention to pipelines, his next book might be entitled “Killing Keystone.”

It would be a tale full of twists and turns, conspiracy theories, missed opportunities, miscalculations and bad timing surrounding TransCanada’s proposed Keystone XL pipeline. It would not, however, be a book about whether the now-notorious project would have been good simply on its merits.

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Caltex Australia reaps rewards from parenting package

Three years ago I blogged on The Barrel how Caltex Australia was breaking the mold in the traditionally male-dominated refining industry by launching the nation’s most generous workplace support package for new parents.

In 2015, Caltex’s willingness to show its feminine side through its “BabyCare” scheme appears to have paid dividends. Not only has the program helped Caltex win a gender equality citation from the Australian government’s Workplace Gender Equality Agency, the company is now reporting a 25% increase in the number of women transitioning back to work and developing their careers after having a baby.

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The ‘M’ word in fuel marketing is not ‘mileage.’ It’s ‘millennials’

Millennials are today’s low-hanging fruit for a joke. I’m guilty. A few weeks ago at a party, discussion turned to their sense of entitlement. The office gets pizza. The millennial gets a salad. The office gets the local donut chain. The millennial wants Krispy Kreme. A friend who, like me, is about 20 years older than the people we were unfairly criticizing behind their backs noted, “It’s all the trophies.” I laughed. We all did.

The reality is that millennials are very much no joke to US marketers, who so desperately want to separate them from their cash.

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The Eastern Mediterranean Basin showing promise for oil, gas: Fuel for Thought

Ask an oceanographer about the Eastern Mediterranean Basin, and he might mention a sea-floor dotted with mud volcanoes spewing gas and sometimes oil into the benthic environment.

Ask a geologist, and she may wax lyrical about sediment columns up to 12 km thick, generously capped by “evaporite,” i.e. dirty rock salt.

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Is a ‘black box’ agency hindering the outlook on US crude, condensate exports?

When the Obama administration gave legal backing to exports of processed condensate exports last year, it fueled speculation that a more significant shift in US crude export policy was looming and that US producers may have found a new global export market to conquer.

Much of that speculation has, thus far, fallen flat.

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The Oil Big Five: Already looking at changes for 2016 and beyond

We’re speeding toward the end of 2015, which means that our monthly oil feature, The Oil Big Five, is increasingly focused on topics that could shape the global oil industry into 2016 and beyond.

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Rainy days and airlines — there’s probably a song here

Jet fuel may be half the price it was a year ago, but airlines used to so many sad-song years aren’t taking anything for granted. Just look at the semi-annual jet fuel forum held in always-sunny Cancun last week.

Where it was raining.

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Indonesia energy reforms look like a lost cause: Fuel for Thought

Indonesia’s continuing attempts to sort out fuel subsidies and how to best reform various parts of the energy industry is now having an effect on upstream business, Mriganka Jaipuriyar explains in this week’s Oilgram News column, Fuel for Thought.

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Look to Mexico for some of the best oil market story lines through 2020

“Reform” is one of those words that means anything you want it to mean. It’s been deployed in so many political fights, it has really lost its meaning in most contexts. I suppose some people still say a teen car thief is sent off to “reform school,” but I doubt it.

Here in Mexico City, that word is loaded. I’m writing this 12 floors up from the Paseo de la Reforma, the grand boulevard named for the civil war between liberals and conservatives here in the 1850s and 1860s.

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