Global Energy Industry News

Permian Giant Oil Field Would Lose $500 Billion At Today’s Prices

December 1, 2016
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Did you hear about the largest U.S. oil and gas field that’s in the Permian basin of west Texa …

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Source:: Oil Voice […]

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Asian exchanges set to hit the gas on LNG trading

November 28, 2016
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By hellenicshippingnews Asia may be the world’s biggest consumer of liquefied natural gas, yet its LNG trading activity is minuscule as no exchange has managed to establish itself as a benchmark. That might be about to change. Following years of unfulfilled promises, two of Asia’s leading […]

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Low Oil Prices Create $1 Billion Business Killing Old Fields

November 28, 2016
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By hellenicshippingnews Low crude prices that have been hammering oilfield service companies for the past two years might be ready to give a little back. Sinopec Oilfield Service Corp., Keppel Corp. Ltd. and others will have a chance to fight for $1 billion a year in new business […]

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Near-term downside for oil prices, but range bound: GS

November 28, 2016
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Francesco Garzarelli, co-head of global macro & markets at Goldman Sachs, talks about oil’s recent moves and where it’s heading. Read full story ›

Source:: CNBC energy […]

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