Liz Out Loud Archives | Page 4 of 9 | Consilience Energy Advisory Group

WE’RE GOING TO NEED A BIGGER TANK

December 4, 2015
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Sale and purchase contracts are likely to need some revision before the ink has dried on supply commitments for 2016. Also those who have hedged their operating revenue or have financed capex based on the forward oil price curve of one of the existing benchmarks – Brent, Dubai or […]

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The Battle of the Benchmarks

September 22, 2015
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On 18th September Platts reported that “The International Organization of Securities Commissions (IOSCO) on Thursday said that price reporting agencies had made its recommended operating principles an “integral part” of their practices and said it saw no more need for annual reviews of their implementation.”

Also on 18th […]

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Trading Matters

September 9, 2015
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In this the silly season, while the world (except hard-working consultants) are off on holiday, two little press releases have slipped by almost unnoticed: Maersk announced that it will be seeking permission to close down the 7,000b/d  J-Block Janice field next year because of […]

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How Not to Sell Crude Oil

July 24, 2015
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What do you do when the world is awash with oil, your biggest customer has suddenly become almost self-sufficient and your nearest competitor is producing a more suitable quality of oil for your remaining market? You ban 113 crude tankers from entering your territorial waters with immediate […]

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