21 Dec Oil price, Shell/BG, Sound Energy, Velocys, Aminex, IOG, And finally…

Posted at 16:49h in Global Energy Industry News

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Oil price Falls of 89c and 1.44 on the week for WTI and Brent respectively seem like quite a result at times it felt much worse. The reality is indeed worse at least for the time being and this mo Read full story › Source:: Oil Voice       ...

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21 Dec Drilling in Debt – Interest Rates and US Shale

Posted at 16:48h in Global Energy Industry News

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So far this year nearly forty North American EP companies have filed for Chapter 11 bankruptcy with expectations of more to follow. Falling oil prices have forced many debt laden shale operators to r Read full story › Source:: Oil Voice       ...

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21 Dec Realities and consequences of falling crude market

Posted at 16:46h in Global Energy Industry News

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By hellenicshippingnews A sense of accomplishment is palpably visible at the Department of Energy (DoE) in Washington. Faced with a free fall, oil markets are in a bloodbath. Prices have plunged by 68 per cent over the last 18 months hitting a seven-year low at...

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16 Dec U.S. on verge of lifting 40-yr oil export ban in spending bill

Posted at 15:24h in Global Energy Industry News

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WASHINGTON, Dec 16 (Reuters) - The United States appears on the brink of ending a four-decade-old ban on most exports of crude oil, an abrupt end to a years-long fight triggered by the domestic shale boom. Read full story › Source:: Reuters UK Natural Resources       ...

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