The Saudis refuse to give China more oil, ENOC bids on Dragon Oil, and what can you buy with your oilfield salary? (Porsche 911 GT3, anyone?)
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Saudi Arabia, partners turn down Chinese requests for extra oil (Reuters)
Dubai’s Enoc makes £3.6bn takeover offer for Dragon Oil (The Telegraph)
Crude Oil: Don’t Get Suckered Into Buying This Dip, Oil Has Further To Fall (Seeking Alpha)
Cheap oil’s unexpected harm to U.S. economy (LA Times)
COLUMN-How do you lose 100 million barrels of oil? Kemp (Reuters)
U.S. Shale Gale: A Whale Of A Tale, And Permian Walkabout (Seeking Alpha)
Oil field money: What you can do with it (Eaglefordtexas.com)
The Weekly Onion
Events On Deck
Oil and Gas Mobility, Tuesday May 26th, 2015 – Thursday May 28th, 2015 at the Crowne Plaza Galleria, Houston, Texas
Subsea Processing and Flow Assurance, Friday May 22nd, 2015 – Friday May 29th, 2015 at the DoubleTree by Hilton Hotel – Greenway Plaza, Houston, Texas
Winsett Networking Lunch – Harry’s Cafe, 318 Tuam St, Houston, TX 77006 – Dress: Business to business casual.
One of the Godfathers oil and gas industry, Mr. Winsett started this many years ago. It’s now hosted by Oilfield Portal. Buy a meal and close a deal!