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Offshore oil giant Seadrill files for Chapter 11 bankruptcy protection

Offshore oil firm Seadrill filed for Chapter 11 bankruptcy protection late Tuesday, seeking to restructure its debts.        

Hurricane Harvey ‘Rapidly Intensifying’, Could Become Major Hurricane Friday as it Heads Towards Texas Coast -NHC

Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in preparation for Hurricane Harvey, which is forecast to make landfall along the mid-Texas coast late Friday night. The National Hurricane Center reported Thursday that Harvey, now a hurricane, is rapidly intensifying as it approaches the middle Texas coast. Show More Summary

First Images, Videos Show Extensive Damage To USS John McCain

Photos and videos have emerged from the early Monday collision involving the guided-missile destroyer USS John McCain and an oil/chemical tanker called the Alnic MC. As reported late on Sunday, five sailors were injured in the collision,...Show More Summary

Are Oil Bulls About To Be Burned Again?

Authored by Nick Cunningham via OilPrice.com, Oil investors have grown more optimistic as of late, as oil prices have moved back to $50 per barrel. The market appears to be on sounder footing, suggesting that things will gradually tighten for the rest of the year. Show More Summary

Is the "Oil God" Andy Hall Dead?

Steve H. Hanke Andy Hall, the “Oil God,” acquired that attribution after making flawless, bullish calls on oil and loads of cash for his clients at Astenbeck Capital Management. Of late, the markets have failed to cooperate with Hall. Show More Summary

DNV GL's Tørstad Talks Energy Trends

When Elisabeth Tørstad took the helm as CEO of DNV GL - Oil & Gas in late 2013, the price of a barrel of NYMEX (WTI) crude oil was more than $100. Today, that price has been halved, and the 40-month period between her ascension to the top post…

ETF Topper/Flopper: Crude Oil Rises, Natural Gas Falls

Crude oil prices got a boost from the possibility of sanctions on Venezuela, which were put in place late Monday. Natural gas prices declined to sub-$3 levels. A JPMorgan technical analyst outlines resistance and support levels to watch.

John Oliver Shreds Snake Oil Salesman Alex Jones

2 months agoLGBT / Gay : Joe. My. God.

USA Today reports: What did John Oliver do with all of that free time while on hiatus? In addition to appearing on The Late Show to chat about Don Jr. with Stephen Colbert, it appears he also went on a shopping spree at the InfoWars’ online store. In a NSFW segment Sunday, the Last Week... The post John Oliver Shreds Snake Oil Salesman Alex Jones appeared first on Joe.My.God..

Basquiat: A darling of pop culture, but not museums

2 months agoArts : Artdaily

Jean-Michel Basquiat enjoys a stratospheric following -- earlier this year, a 1982 oil painting by the late 20th century great became the most expensive work by a US artist ever sold at auction. But 29 years after his death, his legacy is largely a triumph of popular culture over museums, which have been accused of downplaying his stature. Show More Summary

Junk Bonds Are Finally Starting To Care About Oil

Back in May, we pointed out an interesting observation made by Goldman: unlike late 2015 and most of 2016, when equities demonstrated surprising resilience to the swoon in oil prices, in 2017 OPEC's failure to stabilize oil prices finally hit energy equities disproportionately. Show More Summary

Alaska lawmakers vote to cut oil, gas drilling subsidies

Alaska legislators have voted to cut oil and gas drilling subsidies from the budget. The Juneau Empire reports (http://bit.ly/2tfVGEx ) the compromised proposal was approved late Saturday in an 18-0 … Click to Continue »

Elizabeth Arden Sheer Kiss Lip Oil

Have you explored Elizabeth Arden lately? They've got you covered for easy, pretty Summer makeup with their new Sheer Kiss Lip Oils and Cooling Cheek Gel. Let's take a look at the lip oils, a hot category right now.Sheer Kiss Lip Oils are lightweight but very moisturizing sheer tints of color. Show More Summary

Confused About Those Coconut Oil Claims? Here's What You Need to Know

There has been major buzz lately over everyone's favorite obsession: coconut oil. The fitness community raves about its fat-burning benefits, while beauty gurus preach about its hair- and skin-nourishing properties. But its health benefits? Those are being put into question with a new statement by the American Heart Association (AHA). Show More Summary

Authenticity in (Atari) Archaeology

I’ve been thinking a bit about authenticity in archaeology lately. I know I should be thinking about the 7th century, Early Christian archaeology, Late Roman and Hellenistic Cyprus, or the Bakken oil patch, but on a leisurely bike ride yesterday afternoon, I let myself think about the Atari excavations.  To my mind, the key issue… Read More ?

Hector Caffieri

Hector Caffieri was a British painter active in the late 19th and early 20th centuries. Though adept at both oil and watercolor, he is known primarily as a watercolorist. His refined, academic style is sometimes tinged with hints of Impressionist color, but his approach is largely straightforward. His subjects included still life and interiors, but […]

The Booming Texas Port at the Center of U.S. Oil Exports

3 months agoVehicles / Watercraft : gCaptain

By Sheela Tobben and Laura Blewitt (Bloomberg) — Late last month, an oil tanker that measures three football fields long and six stories high moved slowly through the port of Corpus Christi, Texas, to test the waters of America’s booming crude-export industry. Show More Summary

Oil prices are on track for worst first half performance since 1997

LONDON — Oil is hovering below $45 and on track for its worst performance for the first-half of a year since 1997. Oil prices dropped in late trade on Wednesday and have failed to recover, amid continued concerns about oversupply. It entered bear market territory earlier in the week and price pessimism appears to be setting in. Show More Summary

I Got Ya Special Prosecutor Right Here.

My name is Dominick Casserontonio. I work for Earl’s Oil in Brooklyn. (The way we say it sounds like ‘Oil’s Earl’, but I digress.) Let me tell ya somethin’; I been watching the news lately and been hearing all about this ‘special prosecutor’...Show More Summary

Asian Crude Storage Trend Impacts OPEC Cuts

Current markets make it profitable to store oil for future sale; many tankers sitting around Singapore storing oil. A 10-percent decline in oil prices since late May could push traders to keep crude in storage, looking to sell down the line when forward prices are higher.

Petrobras Says Platform Fire Briefly Halted Production

A fire on a platform belonging to Brazilian state oil giant Petroleo Brasileiro SA briefly halted oil and gas production late on Sunday, the company said, adding that there had been no injuries or damage. The fire occurred in the Marlim field around 10:30 p.m.

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