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Category: Oil & Gas

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  • Page 24
April 11, 20200

In Eastern Mediterranean, resolving maritime boundary disputes becomes key

The Eastern Mediterranean currently sits atop a veritable sea of potential. Energy discoveries in the past decade have transformed both economic and g

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March 15, 20200

Billion-Barrel Oil Flood From OPEC Fight to Strain World’s Tanks

(Bloomberg) -- The oil-price war between Saudi Arabia and Russia is set to unleash the biggest flood of crude ever seen, perhaps more than the world c

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March 15, 20200

Why the OPEC-Russia Blowup Sparked All-Out Oil Price War

First Russia tossed a hand grenade into global oil markets. Then Saudi Arabia dropped a bomb. After the dramatic collapse of an alliance between the O

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March 15, 20200

Shale’s New Reality: Almost All Wells Drilled Now Lose Money

America’s shale producers already had a profitability problem. It just got a lot worse. At a stroke, Saudi Arabia and Russia and their battle for m

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March 15, 20200

IEA: Oil Demand To Drop For First Time Since 2009

Global oil demand is set to drop this year for the first time since the financial crisis in 2009, the International Energy Agency (IEA) said on Monday

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March 15, 20200

How oil’s plunge might end up boosting US natural gas prices

A sharp reduction in shale oil drilling because of crude’s crash could end up boosting US natural gas prices and potentially curb an oversupply in the

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March 15, 20200

Oil prices plunge, hit by erupting Saudi-Russia oil price war

NEW YORK — Oil prices crashed on Monday, suffering their biggest daily rout since the 1991 Gulf War, after the collapse of an OPEC+ supply agreement t

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March 8, 20200

US gas export pioneers forced to sell shares amid market slump

Two pioneers of the U.S. natural gas export industry were forced to sell shares of the company they founded amid a global market rout and concern that

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February 17, 20200

Libya economic experts to study oil revenue sharing, says UN

Libyan economic experts will study the distribution of crucial oil revenue as efforts continue to solve the war-ravaged OPEC member’s political crisis

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February 17, 20200

Opec slashes oil demand forecast as virus threatens new glut

OPEC slashed forecasts for global oil demand as the coronavirus hits fuel use in China, leaving the group facing a renewed glut despite its recent pro

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