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Brought to you on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry.
Enjoying the show? Leave me a review here
Don't forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them.
Have a question? Click here to ask.
This week Mark and Paige cover
News articles
Chevron to buy PDC Energy in $7.6 billion deal
https://www.reuters.com/markets/deals/chevron-buy-pdc-energy-76-billion-2023-05-22/
Lawmakers Seek Clarification on Planned USA Pipes Safety Rule
https://www.rigzone.com/news/lawmakers_seek_clarification_on_planned_usa_pipes_safety_rule-10-may-2023-172740-article/
Canada Energy Regulator Monitoring Wildfire Impact
https://www.rigzone.com/news/canada_energy_regulator_monitoring_wildfire_impact-10-may-2023-172746-article/
Church of England to Vote Against Shell Chair on Climate Issues
https://www.rigzone.com/news/wire/church_of_england_to_vote_against_shell_chair_on_climate_issues-09-may-2023-172736-article/
Oil Majors Are Preparing For A Difficult Period
https://oilprice.com/Energy/Energy-General/Oil-Majors-Are-Preparing-For-A-Difficult-Period.html
Tesla Launches Construction Of Lithium Refinery In Texas
https://oilprice.com/Latest-Energy-News/World-News/Tesla-Launches-Construction-Of-Lithium-Refinery-In-Texas.html
Occidental Petroleum Begins Buying Back Buffett Stock
https://oilprice.com/Latest-Energy-News/World-News/Occidental-Petroleum-Begins-Buying-Back-Buffett-Stock.html
Renewable Energy Needs To Learn Safety Lessons From Oil and Gas
https://jpt.spe.org/renewable-energy-needs-to-learn-safety-lessons-from-oil-and-gas
UK Supreme Court rules in favor of Shell in Nigeria oil spill dispute
https://www.offshore-technology.com/news/uk-supreme-court-rules-in-favour-shell-after-oil-spill/
Russia's tax hike on the oil and gas industry will be destructive to a key piece of its economy
https://markets.businessinsider.com/news/commodities/russian-economy-tax-hike-oil-gas-energy-sector-sanctions-cap-2023-5?amp
Sunak Says UK Needs Fossil Fuels
https://www.rigzone.com/news/wire/sunak_says_uk_needs_fossil_fuels-10-may-2023-172748-article/
New York poised to pass first statewide law banning natural gas in new buildings
https://www.cnbc.com/2023/05/02/new-york-to-pass-first-statewide-law-banning-natural-gas-in-new-buildings.html
Canada's Suncor says worker injured in bear attack at oil sands plant
https://www.reuters.com/world/americas/canadas-suncor-says-worker-injured-bear-attack-oil-sands-plant-2023-05-10/
The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview
More from OGGN ...PodcastsLinkedIn GroupLinkedIn Company PageGet notified about industry events
Paige Wilson LinkedInMark LaCour Facebook | Twitter | LinkedIn
Brought to you on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry.
Enjoying the show? Leave us a review here
Don't forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them.
Have a question? Click here to ask.
Thanks to Fifth Ring for sponsoring the Podcast Pavilon. Fifth Ring is a global B2B marketing and communications agency with over 30 years of experience in the energy sector and beyond, and its presence in Houston, Aberdeen and Singapore enables the agency to help companies all over the world build better brands and sell more stuff.
Learn more about Fifth Ring by visiting fifthring.com
News articles
Big Oil Strikes Out At Supreme Court
https://oilprice.com/Energy/Crude-Oil/Big-Oil-Strikes-Out-At-Supreme-Court.html
Nigeria Completes Gas Pipeline Without Chinese Funds
https://oilprice.com/Latest-Energy-News/World-News/Nigeria-Completes-Gas-Pipeline-Without-Chinese-Funds.html
EU Boosts Energy Infrastructure Security After Nord Stream Sabotage
https://oilprice.com/Latest-Energy-News/World-News/EU-Boosts-Energy-Infrastructure-Security-After-Nord-Stream-Sabotage.html
Oil Falls as Outlook Concerns Build
https://www.rigzone.com/news/wire/oil_falls_as_outlook_concerns_build-25-apr-2023-172622-article/
U.S. Seizes Iranian Oil From Tanker
https://oilprice.com/Latest-Energy-News/World-News/US-Seizes-Iranian-Oil-From-Tanker.html
Houston Bound Oil Tanker Seized by Iran
https://www.rigzone.com/news/houston_bound_oil_tanker_seized_by_iran-28-apr-2023-172651-article/
Wintershall Makes Shallow-Water Discovery Offshore Mexico
https://jpt.spe.org/wintershall-makes-shallow-water-discovery-offshore-mexico
What We Know ChatGPT Can Do for the Petroleum Industry, So Far
https://jpt.spe.org/what-we-know-chatgpt-can-do-for-the-petroleum-industry-so-far
Louisiana's carbon well permitting application heads to Federal Register
https://www.reuters.com/business/environment/louisianas-carbon-well-permitting-application-heads-federal-register-2023-04-28/
Swiss National Bank rejects demands of climate change activists
https://www.reuters.com/business/sustainable-business/swiss-national-bank-rejects-demands-climate-change-activists-2023-04-28/
US EPA to allow summer sales of gasoline with higher blend of ethanol
https://www.hydrocarbonprocessing.com/news/2023/04/us-epa-to-allow-summer-sales-of-gasoline-with-higher-blend-of-ethanol
Five Phillips 66 refineries win AFPM safety awards
https://www.hydrocarbonengineering.com/refining/27042023/five-phillips-66-refineries-win-afpm-safety-awards/
The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview
More from OGGN ...PodcastsLinkedIn GroupLinkedIn Company PageGet notified about industry events
Paige Wilson LinkedInMark LaCour Facebook | Twitter | LinkedIn
Brought to you on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry.
Enjoying the show? Leave me a review here
Don't forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them.
Have a question? Click here to ask.
This week Mark and Paige cover
News articles
IEA Still Predicts Record Oil Demand in 2023
https://www.rigzone.com/news/iea_still_predicts_record_oil_demand_in_2023-18-apr-2023-172554-article/
Will ChatGPT Affect Oil and Gas Jobs?
https://www.rigzone.com/news/will_chatgpt_affect_oil_and_gas_jobs-13-apr-2023-172518-article/#:~:text=There%20is%20absolutely%20no%20question,the%20overall%20need%20for%20people”.
These are the countries that will be ‘most hit’ if oil prices reach $100
https://www.cnbc.com/2023/04/06/these-countries-will-be-most-hit-if-oil-prices-reach-100.html
Shell’s restart of Pierce field “crucial” for UK energy security
https://www.worldoil.com/news/2023/4/18/oeuk-shell-s-restart-of-pierce-field-crucial-for-uk-energy-security/
Equinor begins production at subsea oil field offshore Norway
https://www.worldoil.com/news/2023/4/17/equinor-begins-production-at-subsea-oil-field-offshore-norway/
California City Can't Enforce Natural Gas Ban, Appeals Court Says
https://pgjonline.com/news/2023/april/california-city-cant-enforce-natural-gas-ban-appeals-court-says
Poland Sets Exclusion Zone Around Swinoujscie LNG Terminal
https://pgjonline.com/news/2023/april/poland-sets-exclusion-zone-around-swinoujscie-lng-terminal
Tennessee raises felony charge for ‘interfering’ with oil and gas pipeline projects
https://wpln.org/post/tennessee-raises-felony-charge-for-interfering-with-oil-and-gas-pipeline-projects/
Technip Energies awarded contract for Juhua’s chemical complex in China
https://www.hydrocarbonengineering.com/petrochemicals/17042023/technip-energies-awarded-contract-for-juhuas-chemical-complex-in-china/
Europe’s extraordinary good fortune with winter weather
https://www.reuters.com/markets/commodities/europes-extraordinary-good-fortune-with-winter-weather-kemp-2023-04-18/
BP Kicks Off Argos Platform Production in US Gulf of Mexico
https://gcaptain.com/bp-kicks-off-argos-platform-production-in-us-gulf-of-mexico/
Boarded Tanker is Found
https://www.rigzone.com/news/boarded_tanker_is_found-18-apr-2023-172559-article/
The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview
More from OGGN ...PodcastsLinkedIn GroupLinkedIn Company PageGet notified about industry events
Paige Wilson LinkedInMark LaCour Facebook | Twitter | LinkedIn
Brought to you on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry.
Enjoying the show? Leave me a review here
Don't forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them.
Have a question? Click here to ask.
This week Mark and Paige cover ...
OPEC+ Cuts And Inventory Declines Counter Growing Demand Concerns
https://oilprice.com/Energy/Energy-General/OPEC-Cuts-And-Inventory-Declines-Counter-Growing-Demand-Concerns.html
Pioneer Surges 6% After Informal Exxon Talks
https://oilprice.com/Latest-Energy-News/World-News/Pioneer-Surges-6-After-Informal-Exxon-Talks.html
Sweden Issues Nord Stream Probe Update
https://www.rigzone.com/news/sweden_issues_nord_stream_probe_update-10-apr-2023-172489-article/
Energy Groups React to H.R.1 Bill
https://www.rigzone.com/news/energy_groups_react_to_hr1_bill-03-apr-2023-172439-article/
China And Russia Look To Challenge The Petrodollar
https://oilprice.com/Energy/Energy-General/China-And-Russia-Look-To-Challenge-The-Petrodollar.html
API: NEPA Guidance is “halting U.S. energy development”
https://www.worldoil.com/news/2023/4/10/api-nepa-guidance-is-halting-u-s-energy-development/
Europe’s rush to LNG could turn into ‘world’s most expensive and unnecessary insurance policy’
https://www.cnbc.com/2023/03/23/russia-energy-europes-rush-to-lng-could-turn-into-costly-mistake-analysts-say.html
Harbour Energy to cut 350 onshore jobs due to windfall tax
https://www.worldoil.com/news/2023/4/5/harbour-energy-to-cut-350-onshore-jobs-due-to-windfall-tax/
ExxonMobil outlines its lower-carbon future
https://www.worldoil.com/news/2023/4/5/exxonmobil-outlines-its-lower-carbon-future/
Mountain Valley Clears Permit Hurdle for 303-Mile Pipeline Project in Virginia
https://pgjonline.com/news/2023/march/mountain-valley-clears-permit-hurdle-for-303-mile-pipeline-project-in-virginia
Aramco JV HAPCO to commence construction of refinery and petrochemical complex
https://www.hydrocarbonengineering.com/refining/27032023/aramco-jv-hapco-to-commence-construction-of-refinery-and-petrochemical-complex/
Most Oil Workers Say Managers Seem Stressed
https://www.rigzone.com/news/most_oil_workers_say_managers_seem_stressed-05-apr-2023-172455-article/
The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview
More from OGGN ...PodcastsLinkedIn GroupLinkedIn Company PageGet notified about industry events
Paige Wilson LinkedInMark LaCour Facebook | Twitter | LinkedIn
Brought to you on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry.
Enjoying the show? Leave me a review here
Don't forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them.
Have a question? Click here to ask.
This week Mark and Paige answer your questions
The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview
More from OGGN ...PodcastsLinkedIn GroupLinkedIn Company PageGet notified about industry events
Paige Wilson LinkedInMark LaCour Facebook | Twitter | LinkedIn
Brought to you on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry.
Enjoying the show? Leave me a review here
Don't forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them.
Have a question? Click here to ask.
This week Mark and Paige are live at the Seal for Life sales event ahead of the AMPP Conference and Expo
News articles
Why Gas Bills Are Going Crazy—With No End in Sight
https://www.wsj.com/articles/natural-gas-prices-energy-bills-ea3ea9da
Oil Prices Crash Below $70 As Credit Suisse Shares Tumble
https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Crash-Below-70-As-Credit-Suisse-Shares-Tumble.html
Biden Budget Proposes Elimination of Oil, Gas Tax Subsidies
https://www.rigzone.com/news/biden_budget_proposes_elimination_of_oil_gas_tax_subsidies-14-mar-2023-172279-article/
Keystone pipeline oil flows won’t change after US order to cut pressure, CEO says
https://boereport-com.cdn.ampproject.org/c/s/boereport.com/2023/03/09/keystone-pipeline-oil-flows-wont-change-after-us-order-to-cut-pressure-ceo-says/amp/
Mexico's Pemex to lift crude processing to 1.2 M bpd this year
https://www.hydrocarbonprocessing.com/news/2023/03/mexicos-pemex-to-lift-crude-processing-to-12-m-bpd-this-year
Strong plastics market and emphasis on fire hazard control to spur alumina trihydrate demand in the U.S.
https://www.hydrocarbonprocessing.com/news/2023/03/strong-plastics-market-and-emphasis-on-fire-hazard-control-to-spur-alumina-trihydrate-demand-in-the-us
ExxonMobil boosts fuel supply with $2-B Beaumont refinery expansion
https://www.hydrocarbonprocessing.com/news/2023/03/exxonmobil-boosts-fuel-supply-with-2-b-beaumont-refinery-expansion
GlobalData: Trunk pipelines to dominate midstream project starts to 2027
https://www.worldpipelines.com/project-news/15032023/globaldata-trunk-pipelines-to-dominate-midstream-project-starts-to-2027/
Biden Is In No Rush to Fill Petroleum Reserve
https://www.rigzone.com/news/wire/biden_is_in_no_rush_to_fill_petroleum_reserve-17-mar-2023-172317-article/
SKILLSREADY by API
https://www.api.org/products-and-services/training/skillsready
The Weekly Rig Count https://rigcount.bakerhughes.com/rig-count-overview
The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview
More from OGGN ...PodcastsLinkedIn GroupLinkedIn Company PageGet notified about industry events
Paige Wilson LinkedInMark LaCour Facebook | Twitter | LinkedIn
Brought to you on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry.
Enjoying the show? Leave me a review here
Don't forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them.
Have a question? Click here to ask.
This week Mark and Paige cover
News articles
Bank Collapse Contagion Fears Spread To Oil Prices
https://oilprice.com/Energy/Oil-Prices/Bank-Collapse-Contagion-Fears-Spread-To-Oil-Prices.html
Trans Mountain Oil Pipeline Cost Balloons
https://www.rigzone.com/news/wire/trans_mountain_oil_pipeline_cost_balloons-13-mar-2023-172268-article/
Biden Greenlights Controversial Alaska Oil Project
https://oilprice.com/Latest-Energy-News/World-News/Biden-Greenlights-Controversial-Alaska-Oil-Project.html
Biden to Limit Arctic Oil Drilling Ahead of Willow Approval
https://www.rigzone.com/news/wire/biden_to_limit_arctic_oil_drilling_ahead_of_willow_approval-13-mar-2023-172272-article/
Pioneer CEO: The Shale Boom Is Over
https://oilprice.com/Energy/Crude-Oil/The-Shale-Boom-Is-Over.html
Republicans Make U.S. Energy Production Top Priority With New Legislation
https://oilprice.com/Latest-Energy-News/World-News/Republicans-Make-US-Energy-Production-Top-Priority-With-New-Legislation.html
CERAWeek: TotalEnergies CEO talk briefly interrupted by protester
https://www.bicmagazine.com/industry/refining-petrochem/ceraweek-totalenergies-ceo-talk-briefly-interrupted-by-protesters/
Philippine oil spill caused by ship without a permit
https://www.worldoil.com/news/2023/3/14/philippine-oil-spill-caused-by-ship-without-a-permit/
UK Chancellor considers limiting oil and gas windfall tax when prices fall
https://www.worldoil.com/news/2023/3/14/uk-chancellor-considers-limiting-oil-and-gas-windfall-tax-when-prices-fall/
German court throws out Rosneft suit over Schwedt control
https://www.reuters.com/business/energy/german-court-throws-out-rosneft-suit-against-schwedt-trusteeship-2023-03-14/
The World Bank May Return To Financing Natural Gas Projects
https://oilprice.com/Energy/Energy-General/The-World-Bank-May-Return-To-Financing-Natural-Gas-Projects.html
Senate chatter grows louder on carbon tariff
https://www.eenews.net/articles/senate-chatter-grows-louder-on-carbon-tariff/
The Weekly Rig Count https://rigcount.bakerhughes.com/rig-count-overview
More from OGGN ...PodcastsLinkedIn GroupLinkedIn Company PageGet notified about industry events
Paige Wilson LinkedInMark LaCour Facebook | Twitter | LinkedIn
Brought to you on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry.
Enjoying the show? Leave me a review here
Don't forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them.
Have a question? Click here to ask.
This week Mark and Paige cover
News articles
Two dead, over 80 kidnapped after protesters raid Colombian oil field
https://www.worldoil.com/news/2023/3/3/two-dead-over-80-kidnapped-after-protesters-raid-colombian-oil-field/
Ohio Law Labels Natural Gas ‘Green,’ but What Does It Mean?
https://www.naturalgasintel.com/ohio-law-labels-natural-gas-green-but-what-does-it-mean/
Ohio among states that could add more ethanol to gasoline under EPA plan
https://www.daytondailynews.com/news/ohio/ohio-among-states-that-could-add-more-ethanol-to-gasoline-under-epa-plan/3SHKKBQD3FG55CF2UHCH275X74/
Russia Plans To Mothball Sabotaged Nord Stream Pipelines
https://oilprice.com/Latest-Energy-News/World-News/Russia-Plans-To-Mothball-Sabotaged-Nord-Stream-Pipelines.html
UAE Has Internal Debate About Leaving OPEC
https://oilprice.com/Latest-Energy-News/World-News/UAE-Has-Internal-Debate-About-Leaving-OPEC.html
Oil Post Weekly Gain as UAE Denies OPEC Exit Plans
https://www.rigzone.com/news/wire/oil_post_weekly_gain_as_uae_denies_opec_exit_plans-03-mar-2023-172209-article/
Fifth of Oil, Gas Workers Feel Like Outsiders at Work
https://www.rigzone.com/news/fifth_of_oil_gas_workers_feel_like_outsiders_at_work-02-mar-2023-172193-article/
Shell completes withdrawal from Salym petroleum development interests in Russia
https://www.worldoil.com/news/2023/3/4/shell-completes-withdrawal-from-salym-petroleum-development-interests-in-russia/
RRC Commissioners vote to challenge validity of Biden administration’s air emissions actions
https://www.worldoil.com/news/2023/3/2/rrc-commissioners-vote-to-challenge-validity-of-biden-administration-s-air-emissions-actions/
Mozambique dependent on TotalEnergy’s LNG project to pay debts
https://www.worldoil.com/news/2023/3/2/mozambique-dependent-on-totalenergy-s-lng-project-to-pay-debts/
Rig famine: Offshore rig owners lack active rigs to bid for contracts
https://www.upstreamonline.com/rigs-and-vessels/rig-famine-offshore-rig-owners-lack-active-rigs-to-bid-for-contracts/2-1-1413863
Oxy’s 1PointFive leases acreage for planned CCS Hub in southeast Texas
https://www.ogj.com/energy-transition/article/14290549/oxys-1pointfive-leases-acreage-for-planned-ccs-hub-in-southeast-texas
Biden Hears Oval Office Plea for Alaska Oil Project in Lobbying Frenzy
https://energynow.com/2023/03/biden-hears-oval-office-plea-for-alaska-oil-project-in-lobbying-frenzy/?amp
The Weekly Rig Count https://rigcount.bakerhughes.com/rig-count-overview
More from OGGN ...PodcastsLinkedIn GroupLinkedIn Company PageGet notified about industry events
Paige Wilson LinkedInMark LaCour Facebook | Twitter | LinkedIn
Brought to you on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry.
Enjoying the show? Leave me a review here
Don't forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them.
Have a question? Click here to ask.
This week Mark and Paige cover
News Articles
London's Oil Party Week Is Back
https://www.rigzone.com/news/wire/londons_oil_party_week_is_back-27-feb-2023-172157-article/
BOEM to Hold Gulf of Mexico Oil, Gas Lease Sale in March
https://www.rigzone.com/news/boem_to_hold_gulf_of_mexico_oil_gas_lease_sale_in_march-27-feb-2023-172158-article/
SPOILERS: The Rig Renewed for Second Season
https://www.rigzone.com/news/spoilers_the_rig_renewed_for_second_season-27-feb-2023-172160-article/
Kazakhstan Could Suspend Natural Gas Exports Next Winter
https://oilprice.com/Latest-Energy-News/World-News/Kazakhstan-Could-Suspend-Natural-Gas-Exports-Next-Winter.html
Ecuador Calls Force Majeure On Almost All Of Its Oil Production
https://oilprice.com/Latest-Energy-News/World-News/Ecuador-Calls-Force-Majeure-On-Almost-All-Of-Its-Oil-Production.html
Three Fires At Pemex Facilities In One Day
https://oilprice.com/Latest-Energy-News/World-News/Three-Fires-At-Pemex-Facilities-In-One-Day.html
Tanzania Green Lights World’s Longest Heated Crude Pipeline
https://jpt.spe.org/tanzania-greenlights-worlds-longest-heated-crude-pipeline
ADNOC Gas raises world’s largest IPO to $2.5 billion
https://www.worldoil.com/news/2023/2/27/adnoc-gas-raises-world-s-largest-ipo-to-2-5-billion/
Wild Well Control, Endeavor Technologies Partner to Enhance Drilling Simulators for Well Control Training
https://www.worldoil.com/news/2023/2/21/wild-well-control-endeavor-technologies-partner-to-enhance-drilling-simulators-for-well-control-training/
The Netherlands: Energy Infrastructure is “Vulnerable” to Russian Sabotage
https://www.worldoil.com/news/2023/2/21/the-netherlands-energy-infrastructure-is-vulnerable-to-russian-sabotage/
Germany Plans To Have The World’s Fourth Largest LNG Import Capacity By 2030
https://oilprice.com/Latest-Energy-News/World-News/Germany-Plans-To-Have-The-Worlds-Fourth-Largest-LNG-Import-Capacity-By-2030.html
Bullets and Bombs to Oil and Gas: Aberdeen Energy Boss Launches Leadership Book
https://www.energyvoice.com/oilandgas/485233/steven-harris-aberdeen-book-energy-leadership/
The Little Book of Leadership https://a.co/d/fSajEEj
The Weekly Rig Count https://rigcount.bakerhughes.com/rig-count-overview
The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview
More from OGGN ...PodcastsLinkedIn GroupLinkedIn Company PageGet notified about industry events
Paige Wilson LinkedInMark LaCour Facebook | Twitter | LinkedIn
Brought to you on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry.
Enjoying the show? Leave me a review here
Don't forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them.
Have a question? Click here to ask.
This week Mark and Paige cover
USA to Sell 26MM More Barrels From Strategic Oil Reserve
https://www.rigzone.com/news/top_headlines_usa_to_sell_26mm_more_barrels_from_strategic_oil_reserve-18-feb-2023-172095-article/
U.S. To Receive 3 Million Barrels Of Venezuelan Crude Oil In February
https://oilprice.com/Latest-Energy-News/World-News/US-To-Receive-3-Million-Barrels-Of-Venezuelan-Crude-Oil-In-February.html
World needs $4.9 trillion oil and gas investments by 2030 to prevent shortfall: IEF
https://www.upstreamonline.com/production/world-needs-4-9-trillion-oil-and-gas-investments-by-2030-to-prevent-shortfall-ief/2-1-1404971
When Will Oil Demand Peak?
https://www.rigzone.com/news/when_will_oil_demand_peak-16-feb-2023-172081-article/
ADNOC successfully delivers "landmark" LNG cargo from Middle East to Germany
https://worldoil.com/news/2023/2/16/adnoc-successfully-delivers-landmark-lng-cargo-from-middle-east-to-germany/
Alaska condemns restrictions on Alaskan oil drilling project by Biden administration
https://worldoil.com/news/2023/2/15/alaska-condemns-restrictions-on-alaskan-oil-drilling-project-by-biden-administration/
SpaceX Sells Former Oilfield Rigs
https://jpt.spe.org/spacex-sells-former-oilfield-rigs
US Department of Energy Wants To Give Geothermal Pilots $74 Million
https://jpt.spe.org/us-department-of-energy-wants-to-give-geothermal-pilots-74-million
Shell’s board of directors sued over climate strategy in a first-of-its-kind lawsuit
https://www.cnbc.com/2023/02/09/oil-shell-board-of-directors-sued-by-investors-over-climate-strategy.html
Pipeworx receives tribal recognition
https://www.worldpipelines.com/project-news/25012023/pipeworx-receives-tribal-recognition/
GETI 2023: inflation hampering petrochemical hiring efforts
https://www.hydrocarbonengineering.com/petrochemicals/16022023/geti-2023-inflation-hampering-petrochemical-hiring-efforts/
U.S. renewable diesel production surpassed biodiesel production in November 2022
https://www.bicmagazine.com/industry/refining-petrochem/us-renewable-diesel-production-surpassed-biodiesel-production/
Shell starts production at Vito in U.S. Gulf of Mexico
https://www.bicmagazine.com/industry/offshore-marine/shell-starts-production-at-vito-in-us-gulf-of-mexico/
The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview
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First Friday Q&A
Books Mentioned:
-Fundamentals of Oil & Gas Industry for Beginners
-Oil and Gas Production Handbook: An Introduction to Oil and Gas Production, Transport, Refining and Petrochemical Industry
-Oil 101
-The Global Oil & Gas Industry: Management, Strategy and Finance
-Fundamentals of Investing in Oil and Gas
-Oil & Gas Production in Nontechnical Language
-Project Finance for the International Petroleum Industry
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This week Mark and Paige cover
News articles
House Republicans pass bill to limit drawdowns on Strategic Petroleum Reserve
https://www.cnbc.com/2023/01/27/house-republicans-pass-bill-to-limit-strategic-petroleum-reserve-draws.html
Operations Halted at Ceyhan Oil Terminal After Huge Earthquake
https://oilprice.com/Latest-Energy-News/World-News/Operations-Halted-At-Ceyhan-Oil-Terminal-After-Huge-Earthquake.html
Colorado Regulator Suspends Oil Company’s Ability to Operate Wells
https://oilprice.com/Latest-Energy-News/World-News/Colorado-Regulator-Suspends-Oil-Companys-Ability-To-Operate-Wells.html
https://cogcc.state.co.us/complaints2.html#/searchcomplaints Operator no. 46290
Norway Says It Will Use Wartime Oil Profits to Aid Ukraine
https://oilprice.com/Latest-Energy-News/World-News/Norway-Says-It-Will-Use-Wartime-Oil-Profits-To-Aid-Ukraine.html
Greenpeace Campaigners Climb Aboard Shell Oil and Gas Platform
https://www.energylivenews.com/2023/02/03/greenpeace-campaigners-climb-aboard-shell-oil-and-gas-platform/
Shell Threatens Greenpeace Protesters with Jail And Fines
https://www.upstreamonline.com/finance/shell-threatens-greenpeace-protesters-with-jail-and-fines/2-1-1399918
API Promotes New Vice President of Upstream Policy
https://www.worldoil.com/news/2023/2/1/api-promotes-new-vice-president-of-upstream-policy/
Federal legislation seeks to permanently ban offshore oil drilling along California coastline
https://localnewsmatters.org/2023/01/31/federal-legislation-seeks-to-permanently-ban-offshore-oil-drilling-along-california-coastline/
Energy CEO Fight Climate Science. And LinkedIn. North Face Too.
https://www.wsj.com/articles/energy-ceo-fights-climate-science-and-linkedin-north-face-too-11675522739
3 Climate Takeaways from Biden's Second State of the Union
https://www.rigzone.com/news/wire/3_climate_takeaways_from_bidens_second_state_of_the_union-08-feb-2023-172012-article/
U.S. Slaps Sanctions on Firms Selling Iranian Oil Products in Asia
https://oilprice.com/Latest-Energy-News/World-News/US-Slaps-Sanctions-On-Firms-Selling-Iranian-Oil-Products-In-Asia.html
Roughneck Workers Turn to Complete Teddy Bears After Finding Abandoned Puppy on Texan Oil Rig, One of Them Adopts and Names Her “Riggs”
https://www.msn.com/en-us/lifestyle/pets/roughneck-workers-turn-to-complete-teddy-bears-after-finding-abandoned-puppy-on-texan-oil-rig-one-of-them-adopts-and-names-her-riggs/ar-AA17fEqO?cvid=416675ad527f4733a5463b803a5978fc
The Weekly Rig Count https://rigcount.bakerhughes.com/rig-count-overview
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This week Mark and Paige cover
News articles
BP CEO to slow down renewables push as returns lag
https://www.tradingview.com/news/seeking_alpha:1dd69d134094b:0/
Natural gas prices across Southern California going way up
https://lbpost.com/ads/natural-gas-prices-across-southern-california-going-way-up
25 states hit Biden admin with lawsuit over climate action targeting Americans' retirement savings
https://www-foxbusiness-com.cdn.ampproject.org/c/s/www.foxbusiness.com/politics/25-states-hit-biden-admin-lawsuit-climate-action-targeting-americans-retirement-savings.amp
Biden To Support ConocoPhillips Alaska Oil Project, Defying Greens
https://www.rigzone.com/news/wire/biden_to_support_conocophillips_alaska_oil_project_defying_greens-01-feb-2023-171930-article/
More oil is coming
https://finance.yahoo.com/news/more-oil-is-coming-211933574.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACi7WWF1kKmJZH6U4-6K2DCEkzg7M-ka8MWVLZGLX-m0rjfBupgWWW8yFu82NgdQVQ9TS1n-8pLWrb_yLRnKA_5h0JgkiGiwoa-C8TS46SiXZHoGMbLtpFjBt7SUZShxrLviV1Q2M70s2t5hmi0flq-hOtja1-BEwFj68sV47MaQ
What Exxon and Chevron Are Doing With Those Big Profits
https://www.nytimes.com/2023/02/01/business/energy-environment/exxon-chevron-oil-gas-profit.html
Norway’s fossil fuel bonanza stokes impassioned debate about how best to spend its ‘war profits’
https://www.cnbc.com/2023/01/26/russia-ukraine-war-norways-soaring-oil-and-gas-profits-stokes-debate.html
OPEC+ committee recommends no change in oil output policy at virtual meeting
https://www.cnbc.com/2023/02/01/opec-ministers-keep-oil-output-policy-unchanged-at-steering-group-meeting.html
Valero JV approves sustainable aviation fuel project at Texas plant
https://www.hydrocarbonprocessing.com/news/2023/02/valero-jv-approves-sustainable-aviation-fuel-project-at-texas-plant
Baker Hughes unveils new digital solutions for more intelligent operations and cleaner energy
https://www.hydrocarbonprocessing.com/news/2023/01/baker-hughes-unveils-new-digital-solutions-for-more-intelligent-operations-and-cleaner-energy
Chevron's 5th and 6th cargoes of Venezuelan oil soon to depart https://www.hydrocarbonprocessing.com/news/2023/01/chevrons-5th-and-6th-cargoes-of-venezuelan-oil-soon-to-depart
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News articles
What Will Be the Top Theme for Oil and Gas in 2023?
https://www.rigzone.com/news/what_will_be_the_top_theme_for_oil_and_gas_in_2023-16-jan-2023-171742-article/
Gulf of Mexico Lease Sales Edge Closer
https://www.rigzone.com/news/gulf_of_mexico_lease_sales_edge_closer-16-jan-2023-171741-article/
Why Fracking May Start To Embrace A New Form Of Energy
https://markets.businessinsider.com/news/stocks/why-fracking-may-start-to-embrace-a-new-form-of-energy-1032008226
Oil companies sue Los Angeles over ban on oil and gas drilling
https://www.cnbc.com/2023/01/11/oil-companies-sue-los-angeles-over-ban-on-oil-and-gas-drilling.html
TotalEnergies green lights $1 billion oil project offshore Brazil
https://www.upstreamonline.com/field-development/totalenergies-green-lights-1-billion-oil-project-offshore-brazil/2-1-1388276
Davos 2023: Big Oil in sights of climate activist protests
https://www.reuters.com/world/davos-2023-climate-activists-protest-over-big-oil-hijacking-debate-2023-01-15/
OPITO names 2022 Apprentice of the Year
https://www.worldpipelines.com/business-news/10012023/opito-names-2022-apprentice-of-the-year/
Phillips 66 reaches agreement with DCP Midstream
https://www.worldpipelines.com/business-news/06012023/phillips-66-reaches-agreement-with-dcp-midstream/
Supply chain issues a continual challenge for industry
https://www.bicmagazine.com/projects-expansions/midstream/supply-chain-issues-a-continual-challenge-for-industry/
Babcock & Wilcox win contract to support Phillips 66 carbon capture project in U.K.
https://www.hydrocarbonprocessing.com/news/2023/01/babcock-wilcox-win-contract-to-support-phillips-66-carbon-capture-project-in-uk
Analysis: Europe boosts Russian diesel buying ahead of ban set to rock market
https://www.reuters.com/markets/commodities/europe-boosts-russian-diesel-buying-ahead-ban-set-rock-market-2023-01-16/
Wyoming Proposes A Phase-Out Of EV Sales By 2035
https://oilprice.com/Latest-Energy-News/World-News/Wyoming-Proposes-A-Voluntary-Phase-Out-Of-EV-Sales-By-2035.html
First time ever guest cohost:
Peter Duncan
Founder & CEO at MicroSeismic, Inc.
https://www.linkedin.com/in/petermduncan/
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Have a question? Click here to ask.
This week Mark and Paige answer your questions
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Have a question? Click here to ask.
This week Mark and Paige cover
News articles
How Many Episodes Are in the Rig? What About Stars of The Amazon Prime Show?
https://leedaily.com/2023/01/08/how-many-episodes-are-in-the-rig/amp/
Gazprom squeezes European gas supply through remaining routes
https://www.upstreamonline.com/production/gazprom-squeezes-european-gas-supply-through-remaining-routes/2-1-1385024
UK Oil and Gas Market Is Extremely Fragmented
https://www.rigzone.com/news/uk_oil_and_gas_market_is_extremely_fragmented-09-jan-2023-171649-article/
Can A Buyers Cartel Challenge OPEC?
https://oilprice.com/Energy/Crude-Oil/Can-A-Buyers-Cartel-Challenge-OPEC.html
Norway and Germany explore undersea hydrogen pipeline
https://newmobility.news/2023/01/06/norway-and-germany-explore-undersea-hydrogen-pipeline/
COAST GUARD ENDS GULF OF MEXICO SEARCH, 4 BODIES RECOVERED
https://www.coffeeordie.com/gulf-of-mexico-crash
Talos Makes Two Commercial Discoveries In Gulf Of Mexico
https://www.rigzone.com/news/talos_makes_two_commercial_discoveries_in_gulf_of_mexico-05-jan-2023-171614-article/
Washington Has Trouble Refilling The SPR After 220 Million Barrel Draw
https://oilprice.com/Energy/Crude-Oil/Washington-Has-Trouble-Refilling-The-SPR-After-220-Million-Barrel-Draw.html
Russian Lukoil To Sell Strategic Italian Refinery To Trafigura-Backed Company
https://oilprice.com/Latest-Energy-News/World-News/Russian-Lukoil-To-Sell-Strategic-Italian-Refinery-To-Trafigura-Backed-Company.html
Egypt Makes 53 New Oil And Gas Discoveries In 2022
https://www.rigzone.com/news/egypt_makes_53_new_oil_and_gas_discoveries_in_2022-30-dec-2022-171572-article/
The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview
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This week Mark and Paige cover
News articles
United Kingdom Stops Imports Of Russian LNG
https://oilprice.com/Latest-Energy-News/World-News/United-Kingdom-Stops-Imports-Of-Russian-LNG.html
U.S. shale executives concerned about labor shortages amidst rising costs in 2023
https://www.worldoil.com/news/2022/12/30/u-s-shale-executives-concerned-about-labor-shortages-amidst-rising-costs-in-2023/
New CEO of Petrobras to focus on energy transition
https://www.worldoil.com/news/2023/1/1/new-ceo-of-petrobras-to-focus-on-energy-transition/
World Oil’s Top Stories of 2022: 1-5
https://www.worldoil.com/news/2022/12/26/world-oil-s-top-stories-of-2022-1-5/
World Oil’s Top Stories of 2022: 6-10
https://www.worldoil.com/news/2022/12/27/world-oil-s-top-stories-of-2022-6-10/
World Oil’s Top Stories of 2022: 11-15
https://www.worldoil.com/news/2022/12/28/world-oil-s-top-stories-of-2022-11-15/
World Oil’s Top Stories of 2022: 16-20
https://www.worldoil.com/news/2022/12/29/world-oil-s-top-stories-of-2022-16-20/
World Oil’s Top Stories of 2022: 21-25
https://www.worldoil.com/news/2022/12/30/world-oil-s-top-stories-of-2022-21-25/
Chevron sending two oil tankers to Venezuela under U.S. approval
https://www.reuters.com/business/energy/chevron-load-venezuelan-oil-exports-supply-diluents-joint-venture-2022-12-30/
Occidental to build world’s largest DAC plant
https://www.bicmagazine.com/projects-expansions/downstream/occidental-to-build-world’s-largest-dac-plant/
Port of Corpus Christi Ship Channel Improvement Project receives $157.3M in federal funding for final phase
https://www.bicmagazine.com/projects-expansions/midstream/port-of-corpus-christi-ship-channel-improvement-project-receives/
Chevron Phillips, QatarEnergy to build $8.5 billion plastic plant in Texas
https://www.bicmagazine.com/projects-expansions/downstream/chevron-phillips-qatarenergy-to-build-plastic-plant-texas/
German Finance Minister Calls For Reverse Of Fracking Ban
https://oilprice.com/Energy/Natural-Gas/German-Finance-Minister-Calls-For-Reverse-Of-Fracking-Ban.html
The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview
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‘Twas the day before Christmas, when all through the studio, not a creature was stirring, not even our hosts. The headphones were hung, by their laptops with care, in hopes that St. Mark soon would be there…….
The hosts were nestled, all snug in their beds, while visions of guests danced in their heads. Join us for a special OGGN Holiday Episode!
Brought to you on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry.
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This week Mark and Paige cover news articles live from the 12th Annual Christmas Party Customer Appreciation Gumbo Gathering at R4 Specialites
News articles
Occidental CEO Hollub slams California's plan to fine oil companies
https://seekingalpha.com/news/3914948-occidental-ceo-hollub-slams-californias-plan-to-fine-oil-companies
Los Angeles bans oil and gas drilling within city limits
https://www.cnbc.com/2022/12/05/los-angeles-bans-oil-and-gas-drilling-within-city-limits.html
EU sanctions, Russian oil price cap cause tanker bottleneck as crude moves through Turkey
https://www.cnbc.com/2022/12/07/eu-sanctions-russian-oil-price-cap-cause-crude-tanker-bottleneck.html
Turkey seeks proof of insurance from Russian oil tankers
https://www.aljazeera.com/news/2022/12/7/turkey-seeks-proof-of-insurance-from-russian-oil-tankers
White House to ask oil and gas execs to support Ukraine energy infrastructure
https://www.reuters.com/markets/europe/biden-administration-meet-with-oil-gas-execs-how-support-ukrainian-2022-12-05/
One dead after accident at Phillips 66 Wood River refinery
https://www.hydrocarbonprocessing.com/news/2022/12/one-dead-after-accident-at-phillips-66-wood-river-refinery
Speculative Oil Positioning Now as Bearish as In Early Weeks of Pandemic
https://www.rigzone.com/news/speculative_oil_positioning_now_as_bearish_as_in_early_weeks_of_pandemic-08-dec-2022-171316-article/
USA Gasoline Price Now Lower Than Year Ago Average
https://www.rigzone.com/news/usa_gasoline_price_now_lower_than_year_ago_average-08-dec-2022-171318-article/
Neptune Finds Oil in Calypso Prospect
https://www.rigzone.com/news/neptune_finds_oil_in_calypso_prospect-06-dec-2022-171284-article/
Deeply damaging mistake’: UK’s decision to approve a new coal mine criticized as misguided
https://www.cnbc.com/2022/12/08/uks-approval-of-new-coal-mine-criticized-as-deeply-damaging-mistake.html
OPEC+ to consider deeper oil output cuts ahead of Russia sanctions and proposed price cap
https://www.cnbc.com/2022/12/02/opec-meeting-oil-output-cuts-on-the-table-ahead-of-russia-sanctions.html
EIA: U.S. crude stocks drop; fuel stocks post large builds
https://www.hydrocarbonprocessing.com/news/2022/12/eia-us-crude-stocks-drop-fuel-stocks-post-large-builds
Focus: BP Doubles Down on Hydrogen as Fuel of the Future
https://pgjonline.com/news/2022/december/focus-bp-doubles-down-on-hydrogen-as-fuel-of-the-future
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hi can I have the contact details of the Danish university here .tnx
Great Podcast, always download your episodes before flying to work on the North Slope. Question for you guys, with the market where it is and a ban on federal lands, do we see a huge shortage in supply coming within a year that also cannot keep up with the rise in demand? Having a 50% shale decline rate and the decreased drilling activity over the last year how is the US and rest of the world going to maintain production at a healthy rate as we get back to 100 million bbl of consumption a day? Will this not send our bbl price through the roof? Thanks guys, hopefully I can get to one of yalls events soon! Cheers Chan Poonian, Big Red Army!
Awesome. Thanks for this.
hello, I have been meaning to leave a review since 2017 but just never got around to doing it. I used to be a chemical engineer working for an oilfield service provider, I wanted to switch to a business related role (still within industry) but I only had engineering knowledge and experience. I started listening to your podcast to learn about what is going on in the industry (business, geopolitical unrest and industry drivers). In 2017 I successfully landed a role in strategy and I was told that what set me apart from the other candidates was my knowledge on the various digital activities going on within the sector. I first heard about that from you guys and did more research into it. One year later, still listening to your podcasts, I landed a job in one the IOCs (super majors) as a business development advisor; I saved myself so much money because I was told that in order for me to make that switch I had to do an MBA. So I just wanted to say thank you for this podcast because it helped me land my dream job in my dream company. But now I have new problem, I need to dream AGAIN. Perhaps COO of the IOC? who knows. :)