◼ 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…