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.
Oil & Gas
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.
US Rig Count In A Free Fall
An overview of the world top 3 Oilfield Service Companies based on 2019 Revenue
- 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…
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…
- PetroKnowledge
Here is How Oil and Gas Companies Rank Based on their Market Capitalization
by PublisherHere is how oil and gas companies rank based on their market capitalization: 1. ExxonMobil (XOM) $321.2 Billion 2. Shell (RDS) $280.6 Billion 3. Chveron (CVX) $229.6 Billion…
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…
Here is a list of oilfield service companies and how they are ranked in terms of their market capitalization: 1. Schlumberger $62.16 Billion 2. Halliburton $27.79 Billion 3.…