18 Jan Will global oil glut rebalance itself?

Posted at 12:25h in Global Energy Industry News

0 Likes

By hellenicshippingnews The prices of crude oil are most likely to stay at relatively low levels in the near future as there are no signs of major producers taking actions to ease a severe oil glut yet. Nevertheless, some energy officials and analysts said that...

Read More

18 Jan Saudi Aramco IPO – Winning the Battle but Losing the War

Posted at 12:24h in Global Energy Industry News

0 Likes

Saudi Arabias reluctance to cut production to maintain its share of the global crude market has paid off. By not blinking first the Kingdom has succeeded in driving rigs out of the US shale market Read full story › Source:: Oil Voice       ...

Read More

14 Jan Oil price rout forces companies to slash $170 bln in projects from 2016-2020

Posted at 11:54h in Global Energy Industry News

0 Likes

* Total $380 billion of projects deferred since 2014 - WoodMac Read full story › Source:: Reuters UK Natural Resources       ...

Read More

14 Jan Iran prepares to open the oil pumps

Posted at 11:53h in Global Energy Industry News

0 Likes

By hellenicshippingnews It is not the sexiest of titles. “Implementation day” refers to the date when Iran can start providing oil once again to the world markets. But it is certainly one of the most important dates of the year for the global economy, alongside...

Read More