Latest Opinions


Today's Stunted Oil Prices Could Cause Oil Price Shock In 2020

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil's immediate future. As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the now over-saturated marke ...

Oilprice Staff


Posted 3 days agoOpinion > oilpriceOPECSaudi Arabia

Abu Dhabi finalizes once in a generation deal: Fuel for Thought

At the start of last week, Abu Dhabi finalized a 40-year deal that formally cemented the UAE's shift to Asia and struck a delicate balance in tailoring the deal to fit the needs of most stakeholders already in the concession. The Asia pivot has been ongoing for some time in terms of oil flows, but ...

OilVoice Press


Posted 2 months agoOpinion > PlattsAbu Dhabi

Shift happens: The slow apocalypse coming for the shipping industry

Take a seat, Nostradamus: I've got some news. To quote the rock band REM, it's the end of the world as we know it. Like the recent gatherings preceding it, speaker after speaker at the Platts 5th Annual Mediterranean Bunker Fuel Conference in Athens last week discussed the ifs, whats and hows of th ...

OilVoice Press


Posted 5 months agoOpinion > PlattsShipping

Libya: an OPEC wildcard?

Libya has the potential to upset the OPEC apple cart, and early expressions of high levels of compliance with the cuts agreed by OPEC and associated non-OPEC producers should be taken with a pinch of salt. According to an interview with S&P Global Platts' Eklavya Gupte January 24, chairman of Li ...

OilVoice Press


Posted 3 months agoOpinion > PlattsOPECLibya

Full steam ahead for SOCAR Trading’s LNG-to-power strategy

The startup in January of LNG supplies to the small Mediterranean island state of Malta could be considered a mere drop in the ocean for the global LNG market. But for Azerbaijan's SOCAR Trading, it represented the beginning of a strategy that could see it partner with more energy-poor countries t ...

OilVoice Press


Posted 3 months agoOpinion > PlattsLNGSOCAR

Relief in Vienna as Nigeria takes a step back from the brink

OPEC has agreed to extend cuts in oil production by nine months to March 2018, following their meeting on Thursday in Vienna. Exempting Nigeria from the cuts may have avoided political meltdown in West Africa. Nigeria and Libya were once against exempt from making any such cuts, as they recover fro ...

Bayo Okoya - Delta Analytics Lagos


Posted 1 day agoOpinion > OPECNigeriaoil price

OPEC. Lessons on the Oil Pudding

The price of Brent has gone up and we can expect an increase concerning other commodities. At sight if this agreement sticks and shale oil in the US is not increased we can really see smiles on oil producing countries including Russia. OPEC has shown in the past that it can unravel markets, bicke ...

Hilton Hannibal - Oil Political Diligence


Posted 5 months agoOpinion > OPECoil priceAbu Dhabi National Oil Company ADNOC

African Energy Economist: Subsidizing Nigerian inefficiency

Fuel subsidies in Nigeria remain a thorny issue. State support for gasoline and diesel prices, both directly at the pump and through subsidies for fuel imports, places a huge burden on the national finances. A government report calculated that $8 billion out of total federal state expenditure of $22 ...

OilVoice Press


Posted 5 months agoOpinion > AfricaDieselGasoline +2

Nigerian Oil Industry Threatened by Strikes

Oil Industry at Risk of Major Damage Oil truck drivers in Nigeria took to the capital's streets in protest in early April because of wage disputes and lousy roads, causing widespread strikes and attacks. Reuters reported that the strikes could lead to major disruptions in the supply chain of th ...

Giora Tal - Team leader


Posted 1 month agoOpinion > Nigeriaoil undstrylegislation

OPEC in Crisis Meeting to Limit Oil Production

An important meeting took place in Vienna on Monday as oil producers looked to try and make a rescue deal which would place limits on the production of oil in order to try and rebalance the oil market prices. OPEC, the group who are accountable for around a third of the World's oil met up with t ...

Ben Barlow


Posted 5 months agoOpinion > OPECProduction

Oil price, Sound Energy, Providence Resources, Faroe Petroleum, CEO Interview, And finally...

WTI $47.96 -7c, Brent $48.95 -17c, Diff -$0.99 -10c, NG $3.03 +4c Oil price A very Happy Thanksgiving to the many readers over the pond.... If I had written a blog yesterday the oil price piece might have said that the Opec technical committee had proposed that a 4-4.5% cut excluding Nigeria ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > oil priceSound EnergyProvidence Resources +2

Changing the way drilling engineering work gets done

Technology's paradigm shift Until a decade ago, primary consumers of technology in the oil and gas industry were buddy-buddy relationships and/or central teams which drove the agenda for where dollars were invested and how innovation happened. Fast forward to today where a typical large enterpr ...

amit mehta


Posted 5 months agoOpinion > MobilizeDrillingEngineering +1

Encana cuts debt by largest amount for E&P TSX companies in past year

Debt reduction has been a hot topic in past year in Canada, as companies adapted to a lower-for-longer price environment. Out of 70 domestic and international producers listed on the TSX, Q3 2016 data available in CanOils reveals that Encana Corp. (TSX:ECA) has cut debt by the largest monetary val ...

Mark Young


Posted 5 months agoOpinion > Canadae&ponshore +2

Oil price, Sound Energy, Independent Oil & Gas, David Morrison, And finally...

Oil price The fact that the prices above, being the Friday night close, are out of date by well over two dollars indicates that the meeting in Vienna on Saturday between Opec and Non-Opec countries was deemed to be a success. As I write, WTI is $54.09 and Brent is $56.77, indicating that for the ...

Malcolm Graham-Wood - Malcy's Blog


Posted 5 months agoOpinion > Malcy's Blogoil priceSound Energy +1

Upstream M&A in Canada exceeds Cdn$1.5 billion in November 2016

The value of November's announced M&A deals in the Canadian E&P sector totalled just over Cdn$1.5 billion – a sum almost identical to the equivalent total recorded in October. The full CanOils review of November upstream deal activity can be downloaded here. This month, however, it was more than j ...

Mark Young


Posted 5 months agoOpinion > upstreamCanadamergers +7
Last fetch 5/26/2017 10:36:53 PM