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Oilconvo News wrote a new post, Oil hits $75 for first time since 2014 on supply outages in Libya and Canada 6 years, 4 months ago
Oil prices rose on Tuesday after Libya declared force majeure on some of its crude exports, while the loss of Canadian supplies helped lifted U.S. crude to levels not seen since late 2014.
Read […]
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Oilconvo News wrote a new post, Oil and gas industry is coming for Colorado's sand dunes 6 years, 4 months ago
Alana Miller writes that the Great Sand Dunes, a national treasure, may be compromised if the Trump administration goes forth with a plan to allow oil and gas drilling nearby.
Read Full Article […]
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Oilconvo News wrote a new post, E&P Salary Report Matches Growing Stability In Industry 6 years, 4 months ago
The oil and gas industry is making a strong recovery from the downturn and an indication of the bounce back is the uptick in salaries, according to CSI Recruiting’s 2018 E&P Salary Report.
The salaries, p […] -
Oilconvo News wrote a new post, Here’s what could happen to oil if everyone’s OPEC expectations are wrong 6 years, 4 months ago
June has been a crazy month for market-moving global events, and the tail end of this week is shaping up the same way, if OPEC succeeds in shaking up the status quo.
The next 24 to 48 hours could turn […]
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Oilconvo News wrote a new post, Energy camp fuels interest in oil and gas industry 6 years, 4 months ago
For the fourth year high schoolers from the area have gained knowledge on the inner workings of the oil and gas industry at the Shell Energy Venture Production Camp hosted by Fletcher Technical Community […]
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Oilconvo News wrote a new post, Petrofac boss says digital revolution can bring 'whole world' of oil jobs – News for the Oil and Gas Sector 6 years, 4 months ago
Petrofac’s John Pearson believes the digital transition can better the life of those working in oil and gas by offering “a whole world” of new jobs. Speaking at the Future Oil and Gas Conference in Aberd […]
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Oilconvo News wrote a new post, The party may end soon: Economists predict a recession by 2020 6 years, 4 months ago
The skies of the U.S. economy are clear and sunny, but many analysts see storm clouds on the horizon.
By many measures, the economy is in its best shape since the Great Recession of 2007 to 2009. […]
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Predictions are like assumptions, but have some data behind them. We are in a very odd time where every story that is positive about the industry, another is negative. Analysts can’t seem to agree on anything.
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Predictions are just predictions. No one really knows what tomorrow will bring, never mind what 6 months or 1 year will bring.
The price of oil is fluctuating so much, how can anyone make a prediction. The only thing I can predict with some accuracy and confidence is that the traffic in Jakarta will be tremendous when the majority of people return from the long holiday after the fasting month haha.
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Oilconvo News wrote a new post, Geologist finds massive Alaskan oil well on a hunch 6 years, 5 months ago
A geologist risked his own money to set up a rig after spotting what he believed to be a large pool of oil in Alaska.
Bill Armstrong, the CEO of Armstrong Oil & Gas, told FOX Business he […]
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Oilconvo News wrote a new post, Some Permian Basin workers get 100 percent pay raises as oil boom creates labor shortage 6 years, 5 months ago
Jerry Morales, the mayor of Midland, Texas, and a local restaurateur, is being whipsawed by the latest Permian Basin shale-oil boom.
It’s fueling the region and starving it at the same time. Sales-tax revenue i […] -
Oilconvo News wrote a new post, Glut of Unemployed Petroleum Engineers, Geologists Shrinks by 12.5% – Report – Oil & Gas 360 6 years, 5 months ago
Oil hiring swells in Texas, U.S. oilpatch Oil prices reached their highest point since December 2014 and companies in the oil and gas industry are hiring accordingly as activity in the industry picks […]
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Oilconvo News wrote a new post, The World's Largest Oil & Gas Companies 2018: Royal Dutch Shell Surpasses Exxon As Top Dog 6 years, 5 months ago
Royal Dutch Shell took the top spot among oil and gas companies on the Forbes Global 2000’s list of the biggest and most powerful public companies, surpassing last year’s leader Exxon Mobil Corp.
The Angl […] -
Oilconvo News posted an update 6 years, 5 months ago
http://money.cnn.com/2018/05/28/investing/oil-prices-down-saudi-arabia-opec/index.html
Oil prices are falling fast. Here's whyOil prices have been slumping since Friday when Saudi Arabia indicated a willingness to pump more oil into global markets.
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Oilconvo News posted an update 6 years, 5 months agoOil prices are tanking as Russia and Saudi Arabia rethink output capsOil prices fell as Russia's energy minister said a group of two dozen producer nations could soon begin easing production limits.
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Oilconvo News wrote a new post, Whatever Happened to Fracking? 6 years, 5 months ago
Remember the good old days when experts decided that the power of the OPEC oil cartel to control oil prices had come to an end? That fracking had made the United States the swing producer, ramping up […]
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Oilconvo News wrote a new post, Oil prices have come full circle since OPEC refused to cut output 3½ years ago 6 years, 5 months ago
Brent crude is trading at the highest levels since Nov. 25, 2014, just before an OPEC meeting that tanked the market.
Read Full Article Here: […]
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Oilconvo News wrote a new post, Citi warns that surging oil prices could soon create a 'hostile environment' for stocks 6 years, 5 months ago
A dramatic upswing in oil prices over recent months could soon create a “particularly hostile environment” for global investors, Citi economists warned Monday.
The price of crude has risen over the past two […] -
Oilconvo News wrote a new post, All the reasons crude oil might go back to $100 a barrel 6 years, 5 months ago
here is a risk that oil prices could hit $100 per barrel next year for the first time since 2014, according to new research from Bank of America Merrill Lynch. It’s primarily an old-fashioned case of m […]
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Oilconvo News wrote a new post, Conoco Seizes Venezuela PDVSA Products From Isla Refinery 6 years, 5 months ago
U.S. oil major ConocoPhillips (NYSE: COP) has seized products belonging to Venezuelan state oil company PDVSA from the Isla refinery it runs on Curacao, an island official told Reuters on May 13.
Conoco has won […]
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Oilconvo News wrote a new post, Bullish investors have a lock on the oil market, putting $100 a barrel in play, market veteran says 6 years, 5 months ago
Oil expert Tom Kloza’s bearish days are behind him.
Kloza, who’s known for calling the 2015 crude collapse, isn’t ruling out triple digit a barrel oil this year.
“Anything that’s between $70 and $100 […]
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Oilconvo News wrote a new post, Oil prices fall in volatile trade as Trump is expected to scrap Iran nuclear deal 6 years, 6 months ago
Oil prices fell in volatile trade on Tuesday as President Donald Trump prepared to announce his intention to restore sanctions on Iran, a move that effectively withdraws the United States from the 2015 […]
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