Hints and tips:
...Farhat Bengdara, chair of the Libyan National Oil Corporation since July, said he enjoyed support across the divided nation, which had allowed the Opec member to restore production to 1.2mn b/d....
...There’s a guy, [Eliezer] Yudkowsky, who is calling for the United States to be willing to militarily bomb data centres in adversary nations who don’t comply with slowing things down, and pausing things....
...The IEA predicts oil demand will grow by 1.2mn b/d, about half the pace of 2023, while Opec believes demand growth will be higher at 2.2mn b/d....
...From an exhibit attached to an S-1 it filed last year: PishPosh Baby LLC (“Borrowed’) promises to pay Moishe Hartstein (“Noteholder”) in lawful money of the United States of America, the amount of $1,000,000.00...
...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
...But Russia’s output has dropped since the start of the Ukraine war, falling from about 11mn b/d in March to an average of 10mn b/d in April, according to data provider OilX....
...About 7mn barrels a day of crude oil and refined products flow through the Bab-el-Mandeb strait but the route has become vital for Russia to export to Asia with 4mn b/d heading south, according to Kpler...
...So I'd like to think that, that will continue, and that we can build on that and work together with other nations....
...Iraq will reduce crude production by 211,000 b/d, the United Arab Emirates by 144,000 b/d, Kuwait by 128,000 b/d, Kazakhstan by 78,000 b/d, Algeria by 48,000 b/d and Oman by 40,000 b/d, according to statements...
...It will be hard for him to add the 1mn b/d back to the market unless the price stabilises north of $85 a barrel, compared with about $75 a barrel before the meeting....
...The project would help to reinvigorate the oil industry in Alaska, a state where production has slid to less than a quarter of the 2mn b/d produced in boom years of the 1980s....
...Lucy FisherAnd Rishi Sunak now says he’s got a plan B, a new treaty with Rwanda. How will that work exactly?...
...The key loophole in that text was that, A, the language wasn’t binding, and B, there was no clear date....
...The company, Plan D LLC, owned a Gulfstream jet. In court papers reviewed by the FT, the US Virgin Islands government cites flight logs showing that the plane transported underage girls....
...plan B....
...Releases have sometimes run at about 1mn b/d, roughly equivalent to what Opec’s cutbacks will amount to once the underproduction of some members compared to their quotas is factored in....
...The group’s demand estimate of 102mn b/d for 2023, also down slightly, would still be a jump of another 2.3mn b/d....
...The IEA expects Russian output to fall by close to 3mn b/d this year as more sanctions kick in, resulting in a total drop in Opec+ production of 520,000 b/d in 2023....
...This week, we’ll be looking at international efforts to combat climate change in the run-up to the United Nations’ climate change conference later this year, more commonly referred to as COP28....
...The IEA says Iran could increase supply by “more than 1mn b/d within six months”. Venezuela could add 200,000-300,000 b/d in three to four months....
...Once a Londoner, always a Londoner. Against each I’d added mitigating factors. 1....
...US output sits at about 11.6mn b/d, well below its pre-Covid highs of nearly 13m b/d....
...Global oil demand is now seen by the IEA as rising 5.3m b/d on average to 96.2m b/d in 2021, and by a further 3.2m b/d in 2022. Before the pandemic began it was almost 100m b/d....
...The IEA said that after global demand fell last year from about 100m b/d to 91.1m b/d it was expected to grow by 5.3m b/d in 2021, getting back to 96.4m b/d....
...LLC, a Denver-based drilling company....
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