@ritafarr
Active 6 years, 6 months agoYou need to log in or create an account to post to this user's Wall.
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RittaFarr posted an update 6 years, 8 months agoRising oil prices put demand destruction back on the agenda: KempRising oil prices over the last two years have put the issue of demand destruction back on the agenda, as producers, traders and analysts try to estimate how consumers will respond.
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RittaFarr posted an update 6 years, 8 months ago
Oil prices are looking 'frothy' and could lead to a correction, BP finance chief saysOil prices look to have climbed to unsustainable levels and could soon start to fall away from multi-year highs, BP's CFO told CNBC Tuesday.
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RittaFarr posted an update 6 years, 8 months ago
This is a great step in equality, where there’s still a long way to go.
https://www.cnbc.com/2018/04/29/saudi-aramco-appoints-new-board-members-including-a-woman.html
Saudi Aramco appoints first woman to its boardSaudi Aramco, the world's top oil company, has appointed three new members to its board including a woman executive, the state run company said.
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RittaFarr posted an update 6 years, 8 months ago
https://www.axios.com/big-oil-making-billions-e4ee3e7c-84fa-4c32-beee-e3de84b55486.html
Big Oil is back to making billionsSome companies are seeing the best earnings they've had in years.
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RittaFarr wrote a new post, Louisiana to receive $82 million in Gulf offshore oil and gas revenue sharing 6 years, 8 months ago
The state of Louisiana will receive $82 million in Gulf of Mexico offshore revenue in the next few months under the Gulf of Mexico Energy Security Act, representing the first large payment under the revenue […]
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I was unaware that individual states had rev share with drillers/overall activity. This may be worth adding to the question you (Rita) asked a while back about where the money goes for land auctions. Also interesting that there is a cap at $176 million that Louisiana and coastal parishes could receive under GOMESA. Politics.
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RittaFarr wrote a new post, Hess’ Biggs: Bakken Key To US Production Growth 6 years, 8 months ago
At DUG Rockies, Hess Corp.’s vice president of onshore, Barry Biggs, told the audience the Bakken is a key driver of U.S. production growth.
Read Full Article Here: h […]
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RittaFarr wrote a new post, Saudi Arabia is aiming to launch its own rival to Disney parks, officials say 6 years, 8 months ago
Saudi Arabia is known for many things, but theme parks aren’t one of them. Now, as part of the conservative Islamic kingdom’s drive to diversify its economy away from oil, the government has unveiled plan […]
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RittaFarr posted an update 6 years, 8 months ago
Trump's revenge: U.S. oil floods Europe, hurting OPEC and RussiaAs OPEC's efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount of crude.
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RittaFarr wrote a new post, Texas Oil And Gas Is Facing A Worker Shortage from Houston Public Media 6 years, 8 months ago
A Texas oil and gas regulator says the industry can’t hire enough workers largely because of public perception.
Railroad Commissioner Wayne Christian spoke at state house hearing on Wednesday.
“The biggest thr […]
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RittaFarr wrote a new post, Better information needed to improve gender diversity in the clean-energy sector 6 years, 8 months ago
ROME — Recognizing that the energy sector lags when it comes to gender diversity, the Italian Agency for New Technologies, Energy and Sustainable Economic Development (ENEA) and the International Energy […]
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RittaFarr wrote a new post, If oil hits $80, there's a lot more at play than airstrikes in Syria 6 years, 8 months ago
Saturday’s U.S.-led airstrikes on Syria are likely to draw only a muted response in oil markets.
Instead, it will be how Syrian President Bashar Assad’s Iranian and Russian allies react, and whether the White […]
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RittaFarr posted an update 6 years, 8 months ago
Under military rule, Venezuela oil workers quit in a stampedeChauffeured around in a sleek black pick-up, the head of Venezuela's oil industry, Major General Manuel Quevedo, last month toured a joint venture with U.S. major Chevron.
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RittaFarr wrote a new post, Saudi oil giant Aramco may be more profitable than Apple, according to disputed financial leak 6 years, 8 months ago
Leaked financial information for the world’s largest oil company, Saudi Aramco, reveals one of the most closely held secrets in the energy industry, if the figures are accurate.
Saudi Arabia’s national oil com […]
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This sounds more like a PR leak than anything else. I read it with a grain of caution in the “fake news” era. Question
– Wouldn’t this type of financial disclosure be required prior to the Aramco IPO – or when they decided to list in Saudi Arabia is that no longer the case.That said – 4 times the size of Exxon is amazing, if true.
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RittaFarr wrote a new post, Oil prices could rally to $100 a barrel if Middle East tensions 'really kick off,' analyst says 6 years, 8 months ago
Oil prices could soon skyrocket to more than $100 a barrel amid escalating tensions in the Middle East, one oil analyst told CNBC Friday.
Crude futures surged to highs not seen since December 2014 earlier in […]
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RittaFarr wrote a new post, The Oil Eating Bacteria That Can Clean Up Crude Spills 6 years, 8 months ago
Scientists have discovered a rod-shaped microbe named Alcanivorax borkumensis that has the potential to break down crude in the event of a spill.
Read Full Article Here: […]
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RittaFarr wrote a new post, New Zealand may have just killed its oil industry 6 years, 8 months ago
Prime Minister Jacinda Ardern announced Thursday that the government will “no longer be granting any new offshore oil and gas exploration permits.”
“This is another step on our transition away from […]
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RittaFarr wrote a new post, Oil prices jump to three-year high after Trump warns Russia missiles 'will be coming' in Syria 6 years, 8 months ago
Oil prices hit new 2018 highs as missile strikes on top crude exporter Saudi Arabia added to the market’s worries about escalating conflict between the United States and Russia in Syria.
Brent, the benchmark f […]
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RittaFarr wrote a new post, Brent crude prices jump to the highest since 2014 on rising Middle East tensions 6 years, 8 months ago
West Texas Intermediate crude futures settled at two-week highs while Brent crude futures hit their highest levels since 2014 as Wall Street grew increasingly concerned over possible military actions in […]
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RittaFarr posted an update 6 years, 9 months ago
@tomkirkman – perhaps faster than initially thought…
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https://oilprice.com/Energy/Energy-General/Russia-Wants-To-Drop-Dollar-For-Oil-Payments.html
Russia Wants To Drop Dollar For Oil Payments | OilPrice.comRussian Energy Minister Novak said that Russia is considering replacing the U.S. dollar in crude oil payments with Turkey and Iran
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Maybe, maybe not. Still waiting for the U.S. response to the Petro-Yuan. More economic sanctions? … That might backfire.
China, Russia, Iran, Venezuela, and a few other countries are pretty determined to break free of the Petro-Dollar monopoly. But it will likely take a few years for global markets to accept the upstart Petro-Yuan…[Read more]
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RittaFarr wrote a new post, After Targeting U.S. Farms, China Can Strike America's Shale 6 years, 9 months ago
China’s tariffs in one corner of the energy market signal U.S. shale fields may follow the nation’s farms as a target if a trade war escalates.
Beijing on Wednesday took aim at America’s rural heartl […]
