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Thursday, October 17, 2019

Notes From All Over, Part 2 -- October 17, 2019

Top international energy story for the week? Saudi Aramco (i.e., Prince MSB) delays the IPO at least until November, 2019, possibly December, 2019.

Climate change plans ditched. This tells me (again) that the movers and shakers know "climate change" is a scam. It's being reported that "business backlash" has forced Russia (i.e., Mr Putin) to "ditch" its climate change plans. LOL.

Oh, oh. Kazakhstan. Unplanned maintenance. Production has dropped 80,000 bopd since early October. Reuters.

Oh, oh, TransCanada declares force majeure due to global warming. Keystone Pipeline crude oil operations interrupted by massive snowstorm. PGJonline. TC Energy Corp has declared force majeure on shipments on its 590,000-barrel-per-day (bpd) Keystone oil pipeline after a snow storm hit Manitoba over the weekend, disrupting operations. The storm knocked out power to about 3-4 pump stations in Manitoba, affecting pipeline flows.

Oh, oh. Growing SUV sales wiping out any gains made by EVs. IEA link here.

Oh, oh, Rosneft (i.e., Russia, i.e., Putin) about to take control of world's largest oil reserves. It looks like it happen regardless of whether President Trump grants Chevron a waiver to continue operating in Venezuela, but if Trump's actions kick Chevron out of Venezuela, the world's largest oil reserves to go to Russia under Trump's watch. Collusion?

F. Betting the company on EVs? No link. Just a random thought.

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Nothing To Do With Anything ...

.... but maybe the younger readers will enjoy this one. Headphones. As loud as you can handle it.

Tired of Toein' the Line, Rocky Burnette

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