How difficult was 2020 for the world largest Oilfield Services (OFS) Companies? Looking at the earnings reports of the world largest Oilfield Services Companies for the past 7…
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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…
Here Is How Saudi-Russia Oil War Will Benefit The Oil Market: The current infighting between the biggest OPEC+’s oil producers -Saudi Arabia and Russia- which contributed to the recent collapse of oil prices does have a positive aspect to the oil market provided that both KSA and Russia eventually agree to cut output.
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From Moscow With No Love – Germany’s Hesitancy Concealing An Uncomfortable EU Truth
Europe’s decision to respond to the Russian invasion in Ukraine with sanctions, excluding the Russian oil and gas industry, conceals a very uncomfortable truth that Europe (as it currently stands) cannot create more hurt for the Russia economy without devastating the Continent’s own economy in return.
Imagine reading this headline “Spain Becomes Fourth EU Country Slapping Ban on Fossil Fuel E&P” without actually knowing the energy facts about Spain, you will definitely think it…
◼ 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…
Here is an overview of how the top 3 oilfield services companies performed in Q4 2020. ◼ Schlumberger: Revenue – SLB reported a slight increase in its revenue…
Here is the real reason why International Oil Companies (IOCs) like bp, Shell, Total & Eni are investing heavily in trying to look green: Back in the good…
Here is an overview of Q3 2020 revenue for the World Top 3 OFS companies. In line with my expectation that Baker Hughes is in a mission to…
The Oil and Gas Industry is changing rapidly and part of this change is the ongoing power shift that is currently taking place. A power shift in which…
When it comes to Co2 emissions, China energy mix and energy policy matter the most more than any other region, because China is the world largest Co2 emitter…