Tag: Statoil

WTI $49.72 +54c, Brent $50.47 +49c, Diff -$0.75 -5c, NG $2.76 +3c Oil price The Opec ‘machine’ went back into action yesterday in a number of ways. Firstly, ‘sources’ revealed that the reduction in peak output would be 4%, to …

Oil price, Amerisur, Hurricane, Tullow, IGas, Catch up/Sundry-Statoil-Hunting- Amec FW-IOG-Xcite-And finally… Read More »

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In today’s CEO interview, Andrew Benitz talks to Malcolm Graham-Wood to provide an update on Statoil’s completion of the Farm-out process, and the company’s future plans and financing options.

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WTI $41.92 -$1.00, Brent $43.47 -$1.40, Diff $1.55 -40c, NG $2.67 -4c Oil price The oil price continues to drift off, with only the inventory stats seeming to influence at the moment and they are all bearish. Yesterday the EIA …

Oil price, Genel, Sundry-BP-Statoil-Total-Shell-Repsol-Weir Group-Tullow. And finally… Read More »

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WTI $31.20 +72c, Brent $31.03 +72c, Diff +17c, NG $2.14 -13c Oil price Another short blog today as there is precious little company news but one should report on the oil price taking another caning this morning. The -very- brief …

Oil price, Premier, Sundry-Statoil-American Energy Partners- And finally… Read More »

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WTI $37.35 +$1.04, Brent $38.45 +53c, Diff $1.10 +9c, NG $1.82 -7c Oil price So, this afternoon the Fed will announce, arise US interest rates and likely signal further strength in the greenback, not the best news for dollar traded …

Oil price, Wood Group, Sound Energy, Caza, Sundry-HAL/BH-Pantheon-Bowleven-Amerisur- And finally… Read More »

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WTI $35.62 -$1.14, Brent $37.93 -$1.80, Diff $2.31 -66c, NG $1.99 -3c Oil price Its squeaky bum time in the oil industry as the crude price has fallen every day since the Opec meeting giving the bears so much to …

Oil price, Repsol/Statoil, Petrofac, Circle Oi, President Energy, Sundry-Shell/BG-Vitol- And finally… Read More »

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WTI $50.36 +21c, Brent $57.04 +39c, Diff $6.68 +18c, NG $2.88 +6c Oil price A weaker greenback supported the oil price yesterday, although with indifferent API stats coming out after the close crude weakened in early trading today. Ahead of …

Oil price, Results season, Independent O&G, And finally… Read More »

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WTI $48.87 -$2.56, Brent $56.41 -$2.78, Diff $7.54 -22c, NG $2.59 -8c Oil price Almost all the pointers right now are downward arrows some of which are potentially have quite serious consequences. Last week WTI gained $3 but Friday’s fall …

Oil price, Statoil, Lamprell, Borders & Southern, And finally… Read More »

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WTI $50.48 +$2.03, Brent $56.57 +$2.41, Diff $6.09 +38c, NG $2.60 -6c Oil price Another nice, bouncy day from the oil market, it didn’t make up the losses from Wednesday but it is trying to this morning with WTI and …

Oil price, Gulf Keystone (and KRG general), Petroceltic, Sundry-Statoil- And finally… Read More »

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WTI $81.42 +42c, Brent $86.03 +20c, Diff $4.61 -22c, NG $3.65 +9c Oil price The oil price has definitely settled down a little with some clarity creeping back into the market but it is by no means certain to bounce from …

Oil price, Premier, Alkane Energy, Petrofac, Plexus, VOG, Sundry-Total-Statoil-Anadarko-Shell, And finally… Read More »

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