Global Energy Industry News

COLUMN-Uncertainty about China hangs over oil rebalancing: Kemp

October 2, 2015
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(John Kemp is a Reuters market analyst. The views expressed are his own) By John Kemp LONDON, Oct 2 (Reuters) – Substantially lower oil prices are on the way to rebalancing the oil market, as demand accelerates and both shale and other non-OPEC oil production turns down. But […]

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Oil Drillers Spared More Misery by U.S. Judge’s Fracking Ruling

October 2, 2015
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By hellenicshippingnews A U.S. judge in Wyoming has blocked new rules that tighten controls over fracking on federal lands, granting a measure of relief to producers who would have faced higher costs at a time when profits already are strangled by low crude prices. The order by […]

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Natural gas prices in Asia mainly linked to crude oil, but use of spot indexes increases

September 29, 2015
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Source U.S. Energy Information Administration Petroleum Association of Japan Japan Ministry of Finance International Trade Statistics Japan Ministry of Economy Trade and Industry Bloomberg LP N

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Source:: Oil Voice […]

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Rightsizing in the oil and gas industry

September 29, 2015
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By hellenicshippingnews The slide in global crude oil prices has left a trail of casualties in its wake. Oil companies and governments that rely on the price of crude oil for profit and revenue have been hurt by plunging receipts from lower crude oil prices. For countries dependent […]

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