Tag Archives: Oil Price

The North Sea’s problem has always been high production costs.

The global oversupply and competition from US Shale are persistently challenging the oil cartel'.s plans.

Further delays to cuts in government subsidies will not come as a surprise as security officials in the country deal with low level unrest.

Without MBS as captain of the Vision 2030. there will be no Vision 2030.

Without MBS as captain of the Vision 2030. there will be no Vision 2030.

If the US$2-trillion valuation becomes a reality. the IPO could bring in US$100 billion. which would make Aramco’s IPO the biggest in history.

The move comes as BP re-evaluates its portfolio in the wake of a dramatic slump in oil prices three years ago.

Unless a miracle happens and fundamentals change miraculously. an extension is a must and not just an ``option.``

Sechin’s oil price forecast is basically in line with Russia’s economic estimates from earlier this year.

BP is a global energy company with wide reach across the world’s energy system.