â—¼ Transocean – has $7.1 billion in net debt, but the company has managed to avoid filing for bankruptcy for a sometime now, and it is not expected…
Investors & Traders
Brent crude and WTI Oil futures are currently trading above the long standing resistance level of $40/bbl. Supported by positive news amid rising vaccine hopes, and an overall…
Oil & Gas drilling companies are going through a tough time, and it will only get worse from here until end of this year before it gets better…
Driven by the negative impact of COVID-19 pandemic and the oil price collapse, almost all of the Oil Majors reported lower earnings for Q1 2020 compared to earnings reported a year ago. Here is an overview of Oil Majors earnings for Q1 2020
Shell Q1 2020 Earning Results and Cost Cutting Measures
As the transition to lower-carbon energy system continues, here is a glimpse of how the energy mix would look like in 2040
Things are getting worse for Weatherford, leading the company to announce filing for Chapter 11 bankruptcy which is expected to be done in the following two months as…
Crude oil price has continued its upward movement this week as U.S. Energy Information Adminstration (EIA) released its oil market data on Wednesday, March 13. The data published…
Global oil demand experienced healthier than expected growth in 2018 compared to what was initially expected last year according to data published last month in the IEA’s Oil…
OPEC Strategy Failed, But The Cartel is Not Giving Up
Most Major Oil Companies CEOs expect oil prices to increase slightly over the coming years. However, they don’t expect any sharp increase in oil prices over the coming…