Latest Opinions


China Becomes World’s Second Largest LNG Importer, Behind Japan

Source: GIIGNL LNG reports (2010-16), Global Trade Tracker export-import trade statistics (2017), and IHS Markit China surpassed South Korea to become the world's second-largest importer of liquefied natural gas (LNG) in 2017, according to data from IHS Markit and official Chinese government s ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > EIAEnergy Information Administration EIAChina +5

Why The Next Oil Boom Will Be Fueled By Blockchain

By Meredith Taylor Big Oil is due for a disruption. The world's most important industry has been carrying on without any significant changes in its day to day routine for far too long. But now, the new tech on the block has its sights set on the multi-trillion-dollar oil and gas sector. It ...

Oilprice Staff


Posted 1 day agoOpinion > oilpriceOilBoom +5

Norway Leading the Oilfield Service Comeback

In 2015 and 2016 we saw record low levels of offshore volumes sanctioned, which effectively is hurting oilfield service companies' backlog. With the cost cuts E&P players made during the downturn, coupled with the recent increase in oil prices, we now see a lot of offshore projects on a global lev ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > NorwayRystad EnergyOffshore +3

S&P Global Platts Deploys Blockchain for Collation of Fujairah Oil Inventory Data

S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, has announced that it is deploying a proprietary, secure Blockchain network to allow market participants to submit weekly inventory oil storage data to Fujairah Oil Indust ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > S&P Global PlattsBlockchainFujairah +2

Tight Oil Remains the Leading Source of Future U.S. Crude Oil Production

Source: U.S. Energy Information Administration, Annual Energy Outlook 2018 EIA's recently released Annual Energy Outlook 2018 (AEO2018) Reference case projects that U.S. tight oil production will generally increase through the early 2040s, when it will surpass 8.2 million barrels per d ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > United StatesUSCrude oil +3

Electric Vehicles: S&P Global Ratings Highlights the Potential Oil Market Ramifications

Over the next decade, we see downside to oil demand as a limited risk because each 1 million EVs (roughly equal to 2017 EV sales) only replace about 20,000 barrels/d and oil demand growth should continue on the back of growth from commercial transport and chemicals, with demand growth over the ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > S&P Global PlattsOil MarketElectric Vehicles +1

S&P Global Platts Survey of Analysts Suggests U.S. EIA Data to Show 119-Bcf Draw to Natural Gas Stocks

The U.S. Energy Information Administration (EIA) on Thursday is expected to report a 119-billion cubic feet (Bcf) withdrawal for the week that ended February 16, according to a survey of analysts by S&P Global Platts, the leading independent provider of information and benchmark prices for the comm ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > EIAEnergy Information Administration EIAUnited States +3

President Energy, Range Resources

President Energy PPC has announced record results in January with each of their concessions making good returns and contributing profits. In the month the Argentine assets generated $1.3m after opex, G&A and finance costs. Positive cash generation was higher at $1.8m due to continued utilisation ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 days agoOpinion > MalcyMalcy'sMalcy's Blog +2

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Rose 2.5 Million Barrels

Smaller-than-usual builds in total US crude inventories combined with continued draws this winter at Cushing, Oklahoma (delivery point for NYMEX crude oil futures contracts), helped NYMEX crude futures find a bottom last week before turning higher, according to an S&P Global Platts preview of this ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > S&PS&P Global PlattsUnited States +3

NrgEdge - Your Weekly Update: 19 - 23 Feb

Market Watch Headline crude prices for the week beginning 19 February 2017 – Brent: US$65/b; WTI: US$62/b Crude prices enjoyed a series of gains last week, boosted by a return of confidence to equity markets and the dollar continuing to remain weak. Signs that crude inventories in the key s ...

Nrgedge Admin - NrgEdge


Posted 2 days agoOpinion > nrgedgeOil and Gasoil and gas news +3

Recent Legislation Mandates Additional Sales of U.S. Strategic Petroleum Reserve Crude Oil

Source: U.S. Energy Information Administration, based on Strategic Petroleum Reserve Note: Volumes sold in fiscal years 2017 through 2020 under the Bipartisan Budget Act of 2015 Section 404 are estimates based on projected prices of West Texas Intermediate crude oil in the February 2018 Shor ...

OilVoice Press - OilVoice


Posted 3 days agoOpinion > Crude oilexportImport +5

SDX, ECO Atlantic, IOG

SDX Energy A slight disappointment today for SDX as the KSS-2 well has come in as ‘not a commercial success'. With the well attempting a step out location with directional drilling targeting the upthrown side of the main bounding fault it showed that the fault has isolated the source rock. CEO P ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 days agoOpinion > SDX EnergyIOGIndependent Oil & Gas +1

Oil Price, Frontera Resources And Finally…

WTI $62.39 +84c, Brent $65.67 +83c, Diff -$3.48 +32c, NG $2.64 +8c Oil Price IP Week started more with a whimper than a bang, what with the US shut for GW's birthday it seemed that traders were focused more on the cocktail circuit than the oil price. That combined with WTI for March expiring ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 days agoOpinion > oil pricefrontera resourcesMalcy +2

U.S. Ethane Consumption, Exports to Increase as New Petrochemical Plants Come Online

Source: U.S. Energy Information Administration, Short-Term Energy Outlook February 2017 Over the next two years, EIA's Short-Term Energy Outlook (STEO) projects growth in U.S. consumption of ethane in the petrochemical industry will exceed increases in consumption of all other petroleu ...

OilVoice Press - OilVoice


Posted 4 days agoOpinion > EIAEnergy Information Administration EIAUnited States +5

Oil Price, Zenith Energy, EnQuest, Sundry-RockRose-Baron Oil, and Finally…

WTI $61.68 +34c, Brent $64.84 +51c, Diff -$3.16 +17c, NG $2.56 -2c Oil Price Last week WTI was up $2.48 and Brent +$2.05, it didnt feel that good but the heavyweights came in from Opec and Non-Opec and lifted the gloom. The final piece in the jigsaw was the Saudi Energy Minister stating that ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 days agoOpinion > MalcyMalcy'sMalcy's Blog +7
Last fetch 2/24/2018 9:06:48 PM