Posts Tagged ‘crude oil’

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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What a difference a year makes for European ethanol

The European ethanol community gathered in Budapest over the first week of November to look at the current challenges and opportunities facing the ethanol, and wider biofuels, markets. As the dust settles and the excitement wanes, we take a look at the overarching messages and opinions coming from the biofuels, and in particular, ethanol industry.

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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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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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Costs bear down on venerable Shetland oil industry

The North Sea oil industry, particularly the Shetland region at its core, is showing the strain of low oil prices, raising questions about its viability.

The demise of the four-decade old UK industry has been predicted many times, with recent concerns centered on taxation and possible independence for Scotland.

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More money, more problems: Oil prices, M&A activity and competition

As the US oil market plunges toward the end of 2015 — and the end of the incredibly profitable hedges many large producers held throughout the year — investment capital is assembling on the sidelines, ready to pick off those who can’t make sub-$60/b work without those hedges.

And it’s not just the producers. Though many midstream companies will pointedly say that they have volumes fixed to term contracts and therefore aren’t exposed to fluctuations in price or production, most have at least some spot volume on their pipelines. And if a business is distressed, several analysts have said there’s plenty of capital waiting to snatch up those companies.

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