Companies that continue to operate offshore have particularly poured fewer dollars into wildcat exploration.
Read More »CERAWeek Gathering Seen Rich in Platitudes
Barkindo plans to meet with physical crude traders and oil hedge funds while he’s in Houston.
Read More »Shale Boom Threatens Refining Bottlenecks
Over the next five years. Wood Mac expects U.S. shale producers to add some 4 million bpd to their daily production.
Read More »U.S. Will Be the World’s Largest Oil Producer by 2023
Influence on global oil markets is also expected to rise. with U.S. oil exports more than doubling.
Read More »OPEC – Shale Competiton?
Non-OPEC states pledged to jointly reduce oil output by 558.000 barrels per day.
Read More »Exxon`s Papua New Guinea LNG Project Halts for Eight Weeks
The 7.5 magnitude quake on 26 February triggered landslides and flattened buildings.
Read More »GE Unveil World`s most Powerful Wind Turbine
GE plans to supply its first turbine for demonstration in 2019 and ship the first units in 2021.
Read More »U.S. Shale Oil. an Intractable Problem
U.S. shale production is going to continue growing strongly.
Read More »Chevron said Will Survive Under Any Climate Change Scenario
Fossil fuels’ share in the global energy mix falling from 54 percent to 48 percent by 2040.
Read More »Russia should not Use Gas as Political Weapon against Ukraine
On March 2. Gazprom announced its intention to initiate in the Stockholm Arbitration termination of all existing contracts with Naftogaz.
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