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 …
Insight & Analysis
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Insight & Analysis
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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 …
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An overview of the world top 3 Oilfield Service Companies based on 2019 Revenue
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Insight & Analysis
Lower for Longer: The Impact of A Prolonged Downturn on The Chemical Sector
by Joseph ChangThe global chemical sector should prepare for an extended downturn along with lower-for-longer oil prices, both of which will have big implications for profitability and investments. “It’s very …
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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 …
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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 …
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OPEC crude oil production increased by approximately 173.4 thousand bbl/day to reach to 32.327 million bbl/day during the month of June 2018. Last month’s OPEC crude oil production …
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An Overview of LNG Market in 2017: LNG production in 2017 jumped to a record high of 290m tonnes, up by 12 percent from 2016. The increase in …
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Without doubt, there will be various parameters that will play its role in setting the direction of oil prices in 2018. However, the most parameter and the one …
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Insight & Analysis
Supermajors’ Cost Index: Measuring Development Cost Efficiency of Oil and Gas Companies
1. Why We Are Looking at Development Cost The collapse in oil price since mid-2014 has affected the oil and gas industry more deeply than many industry participants …
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Oil Prices Fall on Iraqi Comment & A Spike in US Dollar Crude oil prices fell below the market threshold of $50 per barrel this week as expected …
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Is there really a positive side for low oil prices? Yes there is, it is just that not many people can read between the lines and look at …
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