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…
This week, ExxonMobil announced on Thursday that it has made the world’s third-biggest natural gas discovery in two years at Glaucus-1 well in Block 10, off the coast…
OPEC oil output fell by 797,000 bbl/day last month -January 2019, as most of cartel’s members comply with the oil output cut deal in an effort to balance…
The chart above shows electric vehicles’ market share for selected countries and how Norway seems to be leading the way in the transition to zero emission vehicles and…
OPEC Strategy Failed, But The Cartel is Not Giving Up
Crude oil prices have spiked today touching an almost four-year high with Brent Crude jumping above the threshold of $80 per barrel. At the time of writing this…
Later today, OPEC/non-OPEC Joint Ministerial Monitoring Committee (JMMC) will be meeting in Algiers, Algeria. The (JMMC) consists of six countries, namely- Saudi Arabia, Kuwait, Venezuela, Algeria, Oman, and…
Proved oil reserves distribution has changed over the years since the 1990s. Here is an overview of the major changes in proved oil reserves distribution took place between…
OPEC Monthly Oil Market Report (MOMR) for this month was published last week on Wednesday, 12 September 2018. Looking at OPEC crude oil production data published in this…
- Career DevelopmentStudents & Young Professionals
What Matters The Most in The First 5 Years of Your Career
To all fresh grads and young professionals out there, here is what you should do in the first 5 years of your career: Don’t settle for the money…