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Article Archive | Page 5

Does Saudi Arabia Really Have As Much Oil As Analysts Think?

Does Saudi Arabia Really Have As Much Oil As Analysts Think?

Feb 18, 2019 at 14:02

Officially, Venezuela has the world’s largest crude oil reserves with 303 billion barrels of proved reserves. But, a lot of this oil is extra-heavy crude oil, and may not be…

Saudi Arabia Boosts Pakistan Energy Relations With $20 Billion Pledge

Saudi Arabia Boosts Pakistan Energy Relations With $20 Billion Pledge

Feb 18, 2019 at 13:58

Amid increasing tensions between longtime regional antagonists India and Pakistan, Saudi Arabia’s Crown Prince Mohammed bin Salman (MbS) pledged $20 billion to Pakistan on his trip to Islamabad on…

U.S.-China Trade Deal Could Boost Gasoline Prices

U.S.-China Trade Deal Could Boost Gasoline Prices

Feb 18, 2019 at 13:08

After months of persistent concerns that global economy will suffer from a heated U.S.-China trade war, leading to lower oil demand growth in the world, renewed hopes that an agreement…

Forget EVs, Detroit's Big 3 Battle For Heavy-Duty Truck Segment

Forget EVs, Detroit's Big 3 Battle For Heavy-Duty Truck Segment

Feb 18, 2019 at 10:51

The Detroit 3 are in a heated battle to take the lead in a highly-profitable segment:  heavy-duty pickups. The days of striving to take the lead in selling the market’s…

How Trump And Kim Jong Un Could Boost Vietnam's Energy Sector

How Trump And Kim Jong Un Could Boost Vietnam's Energy Sector

Feb 18, 2019 at 10:19

Vietnam’s Prime Minister Nguyen Xuan Phuc said on Tuesday that the choice of Vietnam as the location for this month’s meeting between U.S. President Donald Trump and North Korean…

Oil Prices Near Three-Month High As Market Tightens

Oil Prices Near Three-Month High As Market Tightens

Feb 18, 2019 at 09:15

Oil prices rose early on Monday, extending last week’s gains amid rekindled hopes that the U.S. and China could reach a trade deal and growing signs of a tightening market,…

Flurry Of Bullish News Boosts Oil Prices

Flurry Of Bullish News Boosts Oil Prices

Feb 15, 2019 at 16:16

Oil market sentiment has swung from bearish to bullish in the last few days as tailwinds for the commodity strengthen. A string of updates from OPEC and Venezuela, along with…

The Biggest Problem Behind The U.S. Shale Boom

The Biggest Problem Behind The U.S. Shale Boom

Feb 15, 2019 at 16:16

U.S. shale production is expected to continue to soar well into the 2020s. And that is a major problem. Over the past decade, U.S. oil production has more than doubled,…

Egypt Is Shaping Up To Become A Real Energy Hub

Egypt Is Shaping Up To Become A Real Energy Hub

Feb 15, 2019 at 16:13

Egypt’s oil and gas future looks very bright. The large scale concessions awarded during the EGYPS2019 conference in Cairo, 11-13 February, shows the appetite of IOCs, such as Shell, BP…

Oil Company Growth Strategies Are “Value-Destroying”

Oil Company Growth Strategies Are “Value-Destroying”

Feb 15, 2019 at 16:13

Oil and gas companies that have pursued production or reserve growth have underperformed companies that have instead focused on shareholder returns, even if that meant slower growth. More to the…

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