Archives for October 2016
Market Currents: Saudi oil exports to U.S. are at a 5-month high
Oil prices are moving higher once again, boosted by a supportive weekly inventory report (and not OPEC rhetoric….refreshing!). As further distractions await in the coming days via data deluges, hark, here are five things to...
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U.S. drillers, investors, carefully watching Russian oil production
Russia is smashing post-Soviet oil records, producing more crude in September than it has in decades. As U.S. drillers and investors wait impatiently on OPEC plans to cut production, analysts are carefully watching the cartel’s...
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The “Deepwater Horizon” Scene That Should Be Required Viewing for Engineers
If professors and managers don’t want to devote the entire length of the film to training, I believe one scene (only a few minutes long) in particular needs to be highlighted. Source: FuelFix
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Dynegy names new COO, promotes others
Dynegy is in the process of expanding and Daley previously served as the vice president in charge of the power company natural gas-fired fleet of plants. Daniel Thompson, who oversees the coal fleet, is retiring...
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Hurricane Matthew threatens petroleum terminals in Bahamas
Hurricane Matthew is threatening to shut in about 33 million barrels of oil storage in the Bahamas and disrupt Caribbean shipping this week before heading northwest toward the East Coast. Statoil said it would evacuate all...
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