Economics/Statistics
News
December 26, 2019
If 2019 was the year when a clutch of Middle East markets burst into the mainstream, then 2020 will test whether the foreign money keeps flooding in.
News
December 25, 2019
Oil settled above $61/bbl amid light volume as U.S. President Donald Trump said a preliminary trade deal with China is “done” and ahead of government data expected to show another crude stockpile decline.
News
December 24, 2019
Germany lashed out against the U.S. penalties on Saturday, saying they’re “incomprehensible” and interfere in its internal affairs, a spokeswoman for Chancellor Angela Merkel’s government said.
News
December 24, 2019
Oil prices are likely to remain in check during 2020 as OPEC+ production cuts are offset by higher output from other countries and a mixed outlook for demand, according to analysts.
News
December 24, 2019
South Africa published a long-anticipated draft of oil and gas legislation that will give the state a 20% carried interest in exploration and production rights, with the aim of increasing development of the industry.
News
December 23, 2019
U.S. oil and gas producers have raised the least funds from share sales this year in over a decade, as investors lose their appetite for shale.
News
December 23, 2019
Transfer of ownership of BOURBON Corporation assets will take place as of January 2, 2020.
News
December 23, 2019
The slowdown in Permian Basin oil drilling and fracking is spreading to the lenders as austerity takes hold.
News
December 23, 2019
Murban is typically prized for its light and middle distillate yield but the grade’s price has dropped as Asian refiners focus on purchasing oil that produces more low-sulfur, high-viscosity marine fuels due to IMO 2020.
News
December 23, 2019
Oil steadied after the biggest decline in three weeks on Friday as Kuwait aimed to reach a deal with Saudi Arabia that will restore crude output along their border, and U.S. shale explorers boosted drilling.
News
December 23, 2019
Equinor and Rosneft have taken an investment decision on the first stage of the North Komsomolskoye full field development.
News
December 23, 2019
Under the agreement, Apache and Total will each hold a 50% working interest in Block 58, which comprises approximately 1.4 MM acres in water depths ranging from less than 100 m to more than 2,100 m.
News
December 20, 2019
This year has been one of moderate gains for the price of oil, but it has been bleak for producers.
News
December 20, 2019
Global oil markets notched up a number of milestones this year that echoed the story of the past decade: the world has shifted from an era of supply tightness to plenty.
News
December 20, 2019
Output from the first phase of the offshore Liza field is expected to reach full capacity of 120,000 gross bopd in coming months, with the first cargo to be sold within several weeks.
News
December 20, 2019
The study comes as presidential candidates and activist groups have called for a ban on hydraulic fracturing. Several major candidates have promised to pursue such a ban if elected, and the results would deliver a staggering blow to the economy.
News
December 19, 2019
Crude-by-rail capacity in Alberta is expected to grow by 100,000 bpd in December after the provincial government eased production limits for oil transported by train, the Energy Ministry said Wednesday.
News
December 19, 2019
Rebellion offers the industry's only real-time monitoring platform that visually identifies and quantifies gas releases to quickly detect and analyze leaks and keep workers safe.
News
December 19, 2019
A campaign to increase tax revenues from Alaska’s biggest oil fields must be examined closely to make sure it doesn’t threaten an industry “renaissance” in the state, Governor Mike Dunleavy said.
News
December 19, 2019
One of China’s top liquefied natural gas buyers offered to sell a cargo on the cheap – and in the throes of winter – a fresh sign of the massive oversupply that has weighed on the market.
News
December 18, 2019
Oil steadied at the highest level since September after the U.S. government reported a surprise draw in crude inventories.
