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Article Archive | Page 2

Offshore Spending To Overtake Shale In 2019

Offshore Spending To Overtake Shale In 2019

Jan 16, 2019 at 13:22

Rystad Energy forecasts offshore spending will outgrow spending on onshore shale activities this year. Service companies exposed to the offshore subsea market and the maintenance, modifications and operations (MMO) sector…

Can Mozambique Avoid The ‘Resource Curse’?

Can Mozambique Avoid The ‘Resource Curse’?

Jan 16, 2019 at 13:03

On Monday morning, Mozambican soldiers opened fire to disperse protesters calling for natural gas projects to be suspended until more pressing issues, particularly fundamentalist insurgents, are dealt with. Nonetheless,…

Can The U.S. Keep Its Nuclear Industry Afloat?

Can The U.S. Keep Its Nuclear Industry Afloat?

Jan 16, 2019 at 11:10

When nuclear energy is still widely seen as one of the most promising solutions to climate change, as well as one of the most efficient replacements for the more traditional…

Crude Oil Inventory Draw Fails To Move Market

Crude Oil Inventory Draw Fails To Move Market

Jan 16, 2019 at 09:47

The Energy Information Administration reported a crude oil inventory decline of 2.7 million barrels for the week to January 11 but the report failed to have any palpable effect…

EIA: OPEC Production To Fall By 1 Million Bpd This Year

EIA: OPEC Production To Fall By 1 Million Bpd This Year

Jan 16, 2019 at 09:05

The Energy Information Administration expects OPEC’s combined crude oil production this year to be 1 million barrels per day lower than in 2018, when the cartel produced an average 31.92…

Billion Dollar Opportunity In The World’s Most Exciting Sector

Billion Dollar Opportunity In The World’s Most Exciting Sector

Jan 15, 2019 at 13:59

America’s favorite vice is on the brink of becoming mainstream. “People can’t get enough of it. It’s growing and growing and growing, and it’s going to get bigger,” Las Vegas…

Oil Markets Could See Deficit In 2019

Oil Markets Could See Deficit In 2019

Jan 15, 2019 at 13:55

The oil supply surplus is “starting to reverse,” according to a new report from Bank of America Merrill Lynch. The investment bank noted that oil prices had collapsed in late…

U.S. ‘Tough Line’ On Iran Depends On Crude Prices

U.S. ‘Tough Line’ On Iran Depends On Crude Prices

Jan 15, 2019 at 13:52

The U.S. government is planning on taking a tougher line on Iran in the months ahead, redoubling its efforts to cut Iran’s oil exports down to zero. Brian Hook, the…

How To Profit From The Death Of Las Vegas

How To Profit From The Death Of Las Vegas

Jan 09, 2019 at 11:55

For decades, the gambling industry has been stuck in a legal limbo… With black market bookies and murky underground clubs mopping up billions in potential profits. But the floodgates are…

Heavy Crude: From Glut To Shortage

Heavy Crude: From Glut To Shortage

Jan 15, 2019 at 13:45

Just a few months ago Canadian heavy crude oil producers were sending their product to storage amid a painfully deep price discount to West Texas Intermediate that ate into their…

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