Latest Opinions


Russia Ranked World's Second Largest Producer of Crude Oil

Russia Named as One of the Top Two Countries in Crude Oil Production Crude oil, also known as "black gold," is an unrefined petroleum product that is found naturally around the world. It is refined to create a wide range of products including gasoline, diesel, and a variety of petrochemicals. It ...

Ruslan Baisarov - Tuva Energy Industrial Corp.


Posted 5 months agoOpinion > OilRussiaProduction +4

This Week in Petroleum

Oil company finding costs reached a 10-year low in 2018 In 2018, a group of the world's largest crude oil and natural gas producers added more hydrocarbons to their resource base than in any year since at least 2009, according to the annual reports of 116 exploration and production (E&P) companies ...

Hui Shan


Posted 5 months agoOpinion > CrudeOilDrilling +4

EIA’s new liquids pipeline projects database shows new U.S. crude oil pipeline capacity

Source:  U.S. Energy Information Administration  liquids pipeline projects database EIA recently launched a new  liquids pipeline projects database  that tracks more than 200 crude oil, hydrocarbon gas liquids (HGL), and petroleum products pipeline projects. Rising domestic crude oil productio ...

Hui Shan


Posted 5 months agoOpinion > ProductionsupplyPipelines +8

Analysis: Oil market glut will lead to declining prices through 2020 by Dr. Daniel Fine

With the OPEC-Russia meeting ahead, the price of oil is at a crossroad.  President Trump wants lower prices for gasoline at the pump and the Democratic Party wants a shortage to lift prices higher. This is the 2020 presidential election, to re-elect Trump or a create a Democratic left-center White ...

Will Fine


Posted 5 months agoOpinion > Pioneer Natural ResourcesOccidental PetroleumAnadarko Corporation +97

Three reasons Africa will determine the oil price in the long term

Africa might only be home to just 4 percent of the world's oil supply but, as many of its oil-rich nations begin taking advantage of this natural resource, it's starting to have an impact on the price of crude oil. This uptick will be good news for the continent's high-profile investors and entrepre ...

Scott Johnson


Posted 5 months agoOpinion > Africamiddle classGeopolitics +4

The interconnector disconnect

Fieldfisher energy experts David Haverbeke , Lis Blunsdon and Yohanna Weber , discuss why more attention needs to be focused on critical power infrastructure. For merchant interconnectors, legal certainty and security of investment need to be satisfied before a private investor, or a consort ...

Lis Blunsdon


Posted 6 months agoOpinion > interconnectorsgasElectricity +5

Key Industry Projects to Watch Around the Globe in 2019

Oil and gas industry experts make sure to keep a close watch on upstream, midstream, and downstream oil and gas projects being built around the world. The ten most significant projects below were selected based on factors such as capital expenditure, its impact on employment in the industry, and the ...

Ruslan Baisarov - Tuva Energy Industrial Corp.


Posted 6 months agoOpinion > AI in Oil and Gas2019Indonesia +7

U.S. energy consumption, production, and exports reach record highs in 2018

Source:  U.S. Energy Information Administration,  Monthly Energy Review The United States produced a record amount of energy from various sources in 2018, reaching 96 quadrillion British thermal units (quads), an 8% increase from 2017. This increase in production outpaced the 4% increase in ...

Hui Shan


Posted 6 months agoOpinion

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 ...

Louise Rock-West - Progressive TSL


Posted 6 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 6 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 6 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 ...

Louise Rock-West - Progressive TSL


Posted 6 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 7 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 7 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 8 months agoOpinion > OilVenezuelaChina +5
Last fetch 11/17/2019 8:21:22 PM