Global Energy Industry News

Big Oil’s Message to OPEC: We’re Making Good Money, Thanks

May 8, 2017
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By hellenicshippingnews.. From Exxon Mobil Corp. to Total SA, the world’s largest listed oil companies have sent a message to skeptical investors and rivals at OPEC: we can get by in a world of $50 a barrel crude. Big Oil generated a gusher of cash in the […]

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Oil: the market finds that the Sheikh has no clothes

May 8, 2017
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Source:: FT.com Oil and Gas […]

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[Opinion] Oil Prices Plunge To Where They Should Be

May 8, 2017
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WTI oil prices plunged to almost $45 per barrel yesterday (Figure 1). That was a downward adjustmen … Read full story ›

Source:: Oil Voice […]

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Slumping oilfield services sector bets on new offshore technology

May 5, 2017
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By hellenicshippingnews.. The oil industry’s top equipment and services suppliers this week are hawking vastly cheaper ways of designing and equipping subsea wells, aiming to slash the cost of offshore projects to compete with the faster-moving shale industry. At the Offshore Technology Conference, the industry’s […]

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