A debate that has raged for a few years now… There are a number of topics in oil and gas that always seem to generate a healthy debate, and the fracking vs fracing disagreement is one of them. We’re hoping to settle the debate once and for all. On industry websites we see other versions […]
Commentary/Current Affairs
The light is at the end of the tunnel, but how long is it?
Still here? If you’ve been in the oil and gas business for more than a few years, and you’re still reading this then we feel for you. This recent crash has been stressful for us all. Industry crashes destroy pensions, families and companies. Many of those who survive and stay in work or keep their […]
How are oil and gas companies lowering production costs?
Introduction: Most of what we read online about the oil industry is written by journalists. They mainly get their information from ‘official’ sources, such as press releases and quarterly statistics. We know that sometimes an analyst will ‘talk their book’ or seem out of touch in relation to what we see in our everyday work. […]
Your Weekly O&G Market Updates
Last Week in World Oil: Prices While strong Asian economic data offers hope that oil demand will strengthen, rebounding Libyan production – with the Sharara field resuming production – offset some strength in crude prices. Brent started this week at US$53/b, while WTI edged up into the low US$50/b levels. Upstream & Midstream As the […]
Your Weekly O&G Market Updates
Last Week in World Oil: Prices Crude oil seems stuck in its current range – US$48/b for WTI and US$51/b for Brent – as traders remain pessimistic of an extension to the OPEC supply freeze that, even if implemented, may not have much effect given the rise in American drilling that is sure to follow. […]
Your Weekly O&G Market Updates
Last week in World Oil: Prices Global crude prices remain firmly in their existing range, with Brent starting the week around US$56/b and WTI at US$53/b. Rising US production and signs that buyers are seeking alternate supplies have capped any gains made from the OPEC production cut, with the Iraqi oil minister publicly stating that […]
