Here is the real reason why International Oil Companies (IOCs) like bp, Shell, Total & Eni are investing heavily in trying to look green: â—¼ Back then: IOCs used to have it all: the…
When It Comes to Oil, Asia Pacific and North America Matter, Europe Does Not
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
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.
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…
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.
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
US Rig Count In A Free Fall
An overview of the world top 3 Oilfield Service Companies based on 2019 Revenue
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.
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…