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…
Oil & Gas
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…
It takes millions of years for crude oil to be formed, and the process requires the presence of a good and complete petroleum system that consists of: –…
Unconventional hydrocarbons resources are resources found in reservoirs with geological characteristics and locations that are different from those where conventional oil and gas resources are usually produced. Different…
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…
- Opinion & Commentary
Commentary: The Journey of US Light Tight Oil Production Towards a Financially Sustainable Business
The developments in the US tight oil sector have been extraordinary. From an almost negligible level of production at the end of previous decade, the US oil supply…
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…
OPEC monthly oil market report for August 2018 is out and here are the most important highlights: 1- Oil demand growth for 2018 and 2019 was revised down…
- PetroKnowledge
Offshore Platform Virtual Tour at The Largest Single Producing Gas Field in The Southern North Sea
by EditorThanks to Spirit Energy, its Cygnus offshore platform has become the first ever offshore platform to be accessible by public via Google Streetview. Take a virtual tour at…
When it comes to crude oil trading, there are different types of crude oil grades traded around the world such as North Sea’s Brent Crude oil and United…
Will U.S. crude oil production reach 11 million barrels per day in 2018? Will it continue to increase or reverse a course in 2018? I asked myself these…