Here is the real reason why International Oil Companies (IOCs) like bp, Shell, Total & Eni are investing heavily in trying to look green: ◼ Back then: IOCs used to have it all: the…
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When It Comes to Oil, Asia Pacific and North America Matter, Europe Does Not
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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
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If the oil price war between Saudi Arabia and Russia was really intended at destroying U.S. oil industry, then it is currently achieving its target.
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When it comes to coal production and consumption, no other region can compete with Asia Pacific. The region is now the world largest coal producer and consumer. In…
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2020 Oil Majors Breakeven Prices: As oil price currently hovering around $20/Barrel, and the oil market is dealing with uncertainty crisis, the majors are in real trouble as their average breakeven prices are way high.
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Shell Q1 2020 Earning Results and Cost Cutting Measures
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As the transition to lower-carbon energy system continues, here is a glimpse of how the energy mix would look like in 2040
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US Rig Count In A Free Fall
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An overview of the world top 3 Oilfield Service Companies based on 2019 Revenue
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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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Similar to its rival (Schlumberger), Halliburton’s Fourth Quarter and Full-Year 2019 Revenue were not in a good shape: Revenue: Q4 2019 Revenue: Halliburton Q4 2019 revenue was $5.191…