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The group sees U.S. shale fizzling out after 2025. leaving OPEC once again in charge.
Read More »OPEC Concedes That U.S. Shale Won’t Die
Venezuela’s Oil Rival Calls for Full U.S. Sanctions
Argentina’s government in the meantime has been putting a lot of efforts into accelerating the exploitation of the country’s oil resources.
Read More »Paradise Papers Reveal U.S. Selling Russian LNG in Europe
Gazprom is showing no concern whatsoever about potential challengers of its market share in Europe.
Read More »US Oil Rig Count Jumps by 9. Price up More Than 2% for the Week
The natural gas rig count remained unchanged with a total of 169 this week.
Read More »US Oil Rig Count Jumps by 9. Price up More Than 2% for the Week
The natural gas rig count remained unchanged with a total of 169 this week.
Read More »China to Invest $83B in U.S. Shale
From driving growth and creating jobs to maximizing America’s energy potential. the benefits for West Virginia and the country from this new investment will be significant and long-lasting.
Read More »U.S. Shale to Rise Much Faster Than Expected
US tight oil production has exceeded previous growth expectations and is currently forecast to contribute to a rise in overall US liquids by some 0.6 mb d in 2017 and then 0.9 mb d in 2018.
Read More »Putin’s Masterstroke of Energy Diplomacy
Russia intends to build a trans-Azeri pipeline to Iran. which will not only strengthen bilateral Russian-Iranian relations and their trilateral expansion with Azerbaijan.
Read More »Trump’s Approach Undermines Viability of Diplomacy
Trump'.s bellicose approach has blighted the prospects of engagement with Iranians to settle the issues of contention other than the nuclear matter.
Read More »U.S. Oil Service Firms Face Hit from Venezuela Debt Restructuring
Schlumberger has about $700 million at risk. including receivables and a promissory note for past work.
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