Energy News | Consilience Energy Advisory Group

Will global oil glut rebalance itself?

January 18, 2016
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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 they expect the […]

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Saudi Aramco IPO – Winning the Battle but Losing the War

January 18, 2016
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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

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Source:: Oil Voice […]

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

January 14, 2016
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* Total $380 billion of projects deferred since 2014 – WoodMac

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Source:: Reuters UK Natural Resources […]

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Iran prepares to open the oil pumps

January 14, 2016
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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 its major diplomatic […]

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