Tag: drillers

What is behind Tillerson’s statement on upcoming “comprehensive review” to determine the U.S. strategy on Iran?

The statement made by Secretary of State regarding Trump’s administration intent to conduct “comprehensive review” on Iran, initially seemed to be surprising. I could not understand why would the U.S. government decided to do it […]

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Trump Preparing Order to Expand Offshore Oil Drilling

President Donald Trump is preparing to issue an executive order with the goal of giving oil companies more opportunities to drill offshore, reversing Obama-era policies that restricted the activity.  The offshore drilling directive is set […]

Baker Hughes: US Oil Rig Count Rises To 672 Reuters Friday, April 7, 2017

U.S. drillers added oil rigs for a 12th week in a row, extending the recovery into an 11th month as energy companies increased spending on new production to take advantage of a recovery in crude […]

There’s almost zero rationale for Arctic oil exploration, says Goldman Sachs analyst

CNBC: Drilling the Arctic region for oil cannot be justified against the background of the major shift in the global oil production paradigm, Goldman Sachs’ lead European commodities equity specialist said on Thursday. “Overall the […]

Trump Administration Not Including Climate Change in New Decisions

BREAKING ENERGY reports that climate change may not be a significant factor in the decision-making processes of the United States government, according to the White House. As per a directive signed by President Donald Trump, […]

OPEC: Oil Stocks Keep Rising Despite Supply Cut Deal

Reuters Tuesday, March 14, 2017 – 8:03am E&P REPORTS that OPEC said on March 14 oil inventories had continued to rise despite the start of a global deal to cut supply and raised its forecast of production […]

Oil Traders Are Having Some Fun Again as Price Bubble Bursts

 by Jessica Summers March 10, 2017, 8:26 AM GMT+8 March 10, 2017, 1:01 PM GMT+8    BLOOMBERG: Oil’s plunge is bringing some excitement back into the market. As futures in New York slipped to the lowest […]

Oil is heading to $42 after speculators throw in the towel, says John Kilduff

CNBC reports that US crude oil price is heading to $42 after EIA reported a nine consecutive week rise in US crude stockpiles. In my opinion, it was clear that crude oil price will go […]

CHANGE: the biggest challenge people have ever faced

Heraclitus, a philosopher, and theorist who lived in Ephesus, near modern Kusadasi, Turkey, around 500 B.C. He created doctrines about the constant change and flux of life. To the most of us, he is known by […]

Rep. Sean Maloney: Russian Interference Is Going To Be Harder To Deny | MSNBC

In my opinion, when media is saying that there are concerns over security, it is a gross underestimate. Donal Trump is no longer a concern, he should rather be considered as an alarm which goes […]