Forecast
News
December 08, 2015
Just when it seemed things couldn’t get worse for debt-laden energy companies, a renewed rout in oil prices is deepening their distress.
News
December 08, 2015
China’s exports fell for a fifth month while a slump in imports moderated, as policy makers seek to spur domestic spending amid tepid global demand.
News
December 08, 2015
The global oil industry is set to repeat this year’s $200 billion of investment cuts in 2016, raising even more concerns than the current slump in crude prices, according to the CEO of Italy’s Eni SpA.
News
December 03, 2015
U.S. demand for oilfield chemicals is forecast to increase to $10.3 billion in 2019, with healthy growth overcoming declines expected in 2015 and 2016.
News
December 03, 2015
Oil rebounded from the lowest price in more than six years in London as the Organization of Petroleum Exporting Countries prepares to meet on Friday.
News
December 02, 2015
Iraq’s Kurdish region, where Genel Energy Plc and DNO ASA pump oil, delayed a target to produce 1 MMbpd as the cost of fighting Islamic State militants saps resources.
News
December 01, 2015
Oil was little changed after its biggest monthly decline since July as OPEC ministers arrive in Vienna ahead of this week’s policy meeting.
News
November 30, 2015
Iran is targeting about $30 billion in investment by offering 70 oil and natural gas projects to international companies as the Persian Gulf country anticipates the lifting of economic sanctions.
News
November 30, 2015
For Russia, $30 is the number to watch.
News
November 25, 2015
Oil retreated after a government report showed that U.S. crude, gasoline and distillate fuel stockpiles increased.
News
November 25, 2015
As oil and gas facilities in the Middle East are aging and approaching their anticipated design life, operators are asking whether the end is really near, and whether a new lease on life is possible.
News
November 23, 2015
Canada’s oil sands are about to be put on a carbon diet as the country strives to overcome the “dirty oil” label used by President Barack Obama in rejecting the Keystone XL pipeline.
News
November 23, 2015
Oil fell after briefly climbing on Saudi Arabia’s repeated pledge to work with OPEC and other producers to stabilize global oil markets.
News
November 23, 2015
Hedge funds are betting OPEC won’t do anything next month to keep crude oil above $40/bbl.
News
November 23, 2015
The number of Norwegian offshore vessels with nothing to do has gone from zero to 100 in just a year. And the woes are far from over, the industry’s top lobbyist said.
News
November 20, 2015
Oil below $50 has made more than two out of three investment projects on the continent non-viable.
News
November 20, 2015
The cost-cutting campaign among European energy companies is paying off: Investors are buying up their shares even as oil prices drop.
News
November 19, 2015
Canada plans to outline changes to pipeline reviews in the coming weeks and months as the Liberal government seeks to restore confidence in its regulators.
News
November 18, 2015
Oil rose from the lowest close in more than two months as U.S. industry data showed crude supplies fell in the world’s biggest consumer.
News
November 17, 2015
Oil tycoon T. Boone Pickens reversed course in the third-quarter by slimming down his energy holdings and selling several companies he’d bought just three months earlier as the worst crude market downturn in decades drags on.
News
November 10, 2015
Anadarko Petroleum Corp. approached Apache Corp. about a combination that would be the largest for an independent U.S. oil and gas producer this year and would create an explorer that pumps more crude than OPEC member Ecuador.
