Opinion

Canada’s Large Price Discounts on Oil Sands Barrels to Persist Until New Pipeline Capacity is Added, Says GlobalData

Canada’s existing oil pipeline and railway capacity is enough to support oil sands current exports but with little extra room for logistic constraints. Presently, there are at least three announced pipeline projects that will serve different markets and hence can support the diversification of exports and better pricing of oil sands production, says GlobalData, a […]

Robotic Drilling – Change the Face of Onshore and Offshore Operations

The increased drilling activities due to the development of unconventional hydrocarbon resources and the adoption of automation and robotics in oil and gas drilling, which results in higher efficiency drilling and improved safety in rigs will drive robotic drilling industry in the coming year. The global robotic drilling market was valued at USD 615.3 Million in […]

Iraq Set to Boost Oil Output after Bai Hassan Restart

Kayrros satellite surveillance shows that production has fully resumed at the Bai Hassan field in Iraq. The field is part of a complex of oilfields in Northern Iraq that were shut down mid-October 2017 after the Kurdistan Regional Government (KRG) unilaterally voted for independence from Baghdad, causing Iraqi troops to move in on the oil-rich […]

India’s Mega Refinery Takes Shape

Announced in 2015, the West Coast Refining and Petrochemicals Project in India was to have been commissioned in 2022. A joint venture between the three Indian state refiners – IndianOil, HPCL and BPCL – to feed India’s soaring energy demand, land acquisition for the refinery in the Ratnagiri district of Maharashtra state hasn’t even been […]

Oil’s Perfect Storm Lays At Trump’s Feet

It’s becoming painfully clear that the way forward for global oil markets is going to be bumpy, very bumpy, particularly as we head into next year. Much of this uncertainty, even blame, is being increasingly leveled at a person that has surprised, flabbergasted and even shocked political opponents, allies and adversaries alike since he took […]

India’s Mega Refinery Takes Shape

Announced in 2015, the West Coast Refining and Petrochemicals Project in India was to have been commissioned in 2022. A joint venture between the three Indian state refiners – IndianOil, HPCL and BPCL – to feed India’s soaring energy demand, land acquisition for the refinery in the Ratnagiri district of Maharashtra state hasn’t even been […]

Rebuttal to Externalities of Fracking

The June 24 letter headlined “Externalities of Fracking” included a number of misconceptions, misrepresentations, and glaring inaccuracies regarding Ohio shale development. The author suggests that the industry is destroying Ohio roads, but the evidence demonstrates otherwise. Between 2011-2017, oil and gas operators in the state have paid more than $302.6 million for road, bridge and […]

Could Saudi Arabia replace all the barrels lost from Iran

The United States wants to eliminate all Iran’s crude oil exports from November, and is relying on Saudi Arabia and other OPEC and non-OPEC members to fill the gap in supplies. “Our goal is to increase pressure on the Iranian regime by reducing to zero its revenue from crude oil sales,” a senior State Department […]

The New Oil Cartel Threatening OPEC

When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. Now, it may be time for it to start worrying. “The timing is right. The boom in U.S. oil and gas […]

Louisiana state Sen. Sharon Hewitt in guest column: ‘Raising taxes is the easy way out’

Mark Twain famously said, “Never let truth get in the way of a story.” As the Legislature’s most recent special session closed and Gov. John Bel Edwards joined many in the Legislature in celebratory high-fives, what was left unsaid is just how much government spending, and the taxes we pay, have gone up. When I […]