Houston’s Energy Sector Confident Of A Quick Recovery
As the U.S. solidifies its…
OPEC Production Falls Despite A Dip In Compliance
As stated in OPEC’s Monthly…
Energy / Crude Oil
Have Oil Markets Reached A Turning Point?
Big Oil has been wheelin' and dealin' across the globe as geopolitical risks mount, and OPEC delivered a sigh of relief to crude markets with a signal that has brought…
Iran Looks To Ramp Up Production
Iran’s crude oil production is expected to grow to 4 million bpd by the end of the current Iranian year, March 20, 2018, the chief executive of the National Iranian…
Reserves vs Valuations: Exxon’s Permian Predicament
The world’s largest listed oil firm, ExxonMobil, has been lagging behind other supermajors in reserve replacement ratio—a key metric in the industry that shows the amount of proved reserves a…
The World’s Largest Offshore Oil Field Is Back In Action
Without much international fanfare, the world’s largest offshore oil field and the largest discovered in the last 40 years, Kazakhstan’s Kashagan Field, is on the verge of finally moving beyond…
Does Canada Need More Oil Sands Pipelines?
The claim that building more pipelines to carry Canada’s oil sands production to ports for export will unlock significantly higher prices for bitumen is not supported by either past or…
Just How Big Is The Oil Market?
Big Oil The Oil Market Is Bigger Than All Metal Markets Combined Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities…
China To Dictate Energy Growth In Coming Years
Natural gas, renewables expected to grow significantly The EIA released this year’s International Energy Outlook today, outlining expected trends in energy through 2040. The International Energy Outlook predicts that total world…
BP And Azerbaijan Lock In Caspian Sea Oil Deal
The government of Azerbaijan signed a new production sharing agreement (PSA) with the consortium operating the Azeri-Chirag-Deepwater Gunashli oil field in the Caspian. The new deal gives Baku a much larger stake…
Why Aramco Delayed Its IPO
The long-awaited Saudi Aramco IPO, scheduled for mid-2018, could be delayed to 2019. International news reports have stated that the Saudi government is currently putting together contingency plans for a…
Supermajors Prepare For A Permian Bidding War
BHP announced their plans to divest their U.S. shale assets, including a 123,000-acre position in the heart of the Delaware Basin. This acreage position, in terms of a pricing evaluation,…
