Latest Opinions


Striking out into new territory: The African E&P landscape

The development of African businesses is not new, but the appetite for the African market is growing, and businesses are rapidly adding to their oil and gas portfolios by acquiring or discovering wells across Africa. For SMEs and MEs, now is the time to consider an African venture. Whether they're ...

Gayle Meikle


Posted 2 months agoOpinion > africa oil and gasAfrica EnergyFinance +3

Saudi Arabia has significantly reduced the amount of crude oil used for power generation

Power plants in Saudi Arabia burned an average 0.4 million barrels per day (b/d) of crude oil in 2018 directly for power generation, the lowest amount since at least 2009, the earliest year that data are available from the  Joint Organizations Data Initiative  (JODI, Figure 1). According to the JOD ...

Hui Shan


Posted 2 months agoOpinion > Electricityelectricity generating fuel mixInternational +6

United States has been a net exporter of natural gas for more than 12 consecutive months

Source:  U.S. Energy Information Administration,  Natural Gas Monthly U.S. net natural gas exports in February 2019  totaled 4.6 billion cubic feet per day  (Bcf/d), marking 13 consecutive months in which U.S. natural gas exports exceeded imports. The United States exports natural gas by pip ...

Hui Shan


Posted 2 months agoOpinion > natural gasPipelinesSTEO +3

Sea Change

Navigating the choppy waters of new oil and gas E&P investments in the North Sea. Recently, there's been a slew of news supporting new acquisition activity in the North Sea  o il and  g as   upstream  sector. The Financial Times reported on a ‘changing of the North Sea Guard' to new enterp ...

Gayle Meikle


Posted 2 months agoOpinion > North Sea EnergyNorth Seaaberdeen oil and gas +4

What could a ‘No Deal’ Brexit entail for the gas industry in the UK?

Currently, in the UK, no Brexit scenario seems implausible – including that of the UK leaving the EU with a ‘No Deal'.  But, just what would this scenario mean for the UK's gas industry? In this article, Flogas, a LPG gas tank , bottle and cylinder supplier across the UK, offers an overview: Th ...

John Hannen


Posted 3 months agoOpinion > BrexitGas IndustryUK

Why Oil and Gas Companies Will Pursue Big data, Connectedness, and IoT Devices 2019

The oil and gas industry is evolving in the digital age but many producers, especially the enterprise ones are aggressively catching up. Their antiquated operational processes have already begun to lag behind in this modern age of rising efficiency and high labor costs. Those companies that have re ...

Shiva Rajagopalan - Seven Lakes Technologies


Posted 3 months agoOpinion > Big DataconnectednessIoT +1

On the way up: The trends that will impact oil in 2019

The price of oil has been on a bullish trend since the start of the year. This is despite a steep decline at the end of last year because of a significant US shale industry output, which pushed down prices. The prices have recovered at the start of this year because the market has bet that supply w ...

Scott Johnson


Posted 4 months agoOpinion > OilVenezuelaChina +5

Analysis: Electric cars and the Permian: Saudi Arabia in Lea County by Dr. Daniel Fine

Some 30,000 children marched in Belgium weeks ago against Climate Change. It is only a matter of two years before a few members of Congress, alone with only cameras today, will march at the head of crowds of 500,000 down Pennsylvania Avenue. It will have its colors; green  — and yellow for the Frenc ...

Will Fine


Posted 4 months agoOpinion > weekly oil newsWorld NewsElectric cars +20

Managing the transition from legacy to modern systems in Oil & Gas

Legacy IT Systems, either software or hardware that were commissioned between the 1980's and early 2000's, are a significant obstacle in any Oil & Gas organisation's drive towards modernisation. Whilst the age of these systems is not necessarily an issue, continued product support is a challenge f ...

Marcus Kelly - TouchstoneEnergy


Posted 4 months agoOpinion > OilandGasE&P SoftwareBusiness Process +8

Analysis: Things are flat in the Permian, and there's a push for renewables in Santa Fe by Dr. Daniel Fine

The Permian-Delaware Basin rig count should start falling as oil operators, large and small, are flat for 2019. Spending has been sharply reduced as supply now dominates the A.I. (Artificial Intelligence) used by many commodity traders in oil.    The large or integrated oil companies have all the ...

Will Fine


Posted 5 months agoOpinion > Santa Felatest oil and gas newsNew Mexico +69

Why Oil and Gas companies need to consider an Enterprise Asset Management solution

You may well already be using some form of asset management system, it may work well for you, so why would you need to look at anything else? At TouchstoneEnergy we firmly believe that in order to have the edge over your competition, you need to be looking forwards as well as back. It is all very ...

Marcus Kelly - TouchstoneEnergy


Posted 5 months agoOpinion > Asset Managementasset management systemOilandGas +4

The top Oil & Gas industry trends to watch in 2019

The last year has seen significant transformations for the global oil and gas industry, and we're expecting 2019 to herald even more transformative changes. The oil and gas industry has weathered the crash in oil prices since 2014/15 thanks to a variety of factors including improved break-even point ...

Matt Donnelly


Posted 6 months agoOpinion > oil industryonshoreOffshore +1

Could Perennials solve the oil industry's looming skills gap?

Baby Boomers, Gen Xers, Millennials.  If you're in any way involved in the recruitment of technical and engineering professionals for the oil industry you're sure to be familiar with these terms. These various generational cohorts all have their own contributions to make to the industry as we face ...

Matt Donnelly


Posted 6 months agoOpinion > oil industryWorkforcerecruitment +2

Oil Price, Savannah, Range, Pantheon, and Finally…

WTI $45.88 -$2.29, Brent $54.35 -$2.89, Diff -$8.47 -$1.57, NG $3.58 -14c Oil Price Whether you call it a risk off moment after the Fed and others warned about the economy next year or just a supply worry that Opec+, ie Russia won't cut production next year the oil price retreated and will li ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > oil priceSavannah PetroleumSVP +6

Alternative Facts About OPEC & U.S. Shale From The Wall Street Journal

Posted in The Petroleum Truth Report on December 19, 2018 The Wall Street Journal's recent editorial “ How America Broke OPEC ” shows that even high-quality journalism is susceptible to the contagion of alternative facts. It is a propaganda piece about how the underdog U.S. oil industry miracul ...

Art Berman - The Petroleum Truth Report


Posted 6 months agoOpinion > OPECUnited StatesUSA +3
Last fetch 7/19/2019 11:31:32 PM