Latest Opinions


OPEC Pledges to Raise Production to Satisfy 100% of Target Cuts, Says GlobalData

Following today's announcement that participants at the 174th Meeting of the OPEC Conference in Vienna have collectively agreed to increase production to 100% of targeted cuts, Joseph Gatdula, Senior Analyst for Oil & Gas at GlobalData , a leading data and analytics company offers his view on w ...

OilVoice Press - OilVoice


Posted 10 hours agoOpinion > OPECProductionOil +2

Eight Insights Based on December 2017 Energy Data

BP recently published energy data through December 31, 2017 in its  Statistical Review of World Energy 2018 . The following are a few points we observe, looking at the data: [1] The world is making limited progress toward moving away from fossil fuels. The two bands that top fossil fuels that a ...

Gail Tverberg


Posted 12 hours agoOpinion > EnergyBPGail Tverberg +6

Oil Company Additions to Proved Reserves in 2017 Were the Highest Since 2013

Source: U.S. Energy Information Administration, based on Evaluate Energy Note: Rest of world includes associated companies' reserves with unspecified geographies. In 2017, a group of the world's largest publicly traded oil and natural gas producers added more hydrocarbons to their resource b ...

OilVoice Press - OilVoice


Posted 12 hours agoOpinion > EIAEnergy Information Administration EIAUnited States +6

Rose Petroleum, Savannah Petroleum

Rose Petroleum Am on the move already this morning but had to mention the Rose announcement regarding the updated CPR on the Paradox project in Utah. Bearing in mind that this was focused solely on the single reservoir, the Cane Creek reservoir one of the multiple prospective areas in the Parado ...

Malcolm Graham-Wood - Malcy's Blog


Posted 19 hours agoOpinion > Rose PetroleumSavannah PetroleumMalcy +2

S&P Global Platts FACTBOX: OPEC Oil Output Negotiations Tense as Seminar Starts in Vienna

OPEC talks over the future of its production cut agreement are on a knife edge, as ministers gather in Vienna ahead of Friday's critical meeting. The producer bloc hosts a two-day seminar starting today, a conference featuring ministers and CEOs of major oil companies, including BP, Total, Eni, Sa ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > S&P Global PlattsOPECOil +7

EIA Monthly Survey Tracks U.S. Power Plant Additions

Source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory , December 2017 Note: Other includes hydroelectric, landfill gas, wood/wood waste biomass, petroleum liquids, and other waste biomass. Every month, EIA collects information about all utility-s ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > EIAEnergy Information Administration EIAPower Plant +2

Is Europe ready for Mariner East?

As the Mariner East expansion stumbles toward completion, it is timely to examine how ready Europe is to absorb more U.S. propane.  The Mariner East expansion will enable the U.S. to triple seaborne exports of LPG from Marcus Hook to 115,000 b/d. The ability to export more product from the U.S. East ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > ESAI EnergyeuropeUnited States +5

Echo Energy, Zenith Energy

Echo Energy Echo has announced a ‘potentially transformational' light oil discovery at Fracción C in Argentina . At 2,460m in the Upper Jurassic Tobifera formation a significant column was found and gas and hydrocarbons were recovered. An early estimate of 500m is huge and even if only 120m ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 day agoOpinion > Echo EnergyZenith EnergyMalcy +2

Rystad Energy: Q1 Reporting Shows Unsurprising Quarterly Decline, But Yearly Increase

The picture from the Q1 reporting season is emerging. While the growth rate for revenues quarter over quarter has dipped into the red, the year over year comparison shows continued growth in the oilfield service industry . In Q1 2018, the blended quarterly growth in revenue for service companies ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > Rystad EnergyOilfield ServicesWell Services

Petronas-Sarawak Oil Dispute May Complicate Malaysian Regulatory Landscape, says GlobalData

The outcome of the federal court case brought by state-owned oil company Petroliam Nasional (Petronas) against the Sarawak state government's assertion of full regulatory control of Malaysia's upstream sector could complicate regulatory landscape, says leading data and analytics company GlobalDat ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > PETRONASSarawakGlobalData +4

Oil Price, Genel, Lamprell, Empyrean, and Finally…

WTI $65.07 -78c, Brent $75.08 -26c, Diff -$10.01 +52c, NG $2.90 -5c Oil Price What can I say that hasn't already been said ahead of Friday, and possibly Saturday's Opec meeting? For the first time in a while this will be an ‘unfriendly' meeting as those who can't increase production oppose in ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 days agoOpinion > oil priceGenel EnergyLamprell +4

S&P Global FACTBOX: Physical Oil Markets in Flux Ahead of Key OPEC/Non-OPEC Meeting

  Changing output policy will increase supply of sour crudes Huge imbalance between sweet, sour crudes Growing glut of sweet crudes in Atlantic Basin The oil market currently bears a very different look compared to January 2017 when the 1.8 million b/d OPEC/non-OPEC output cuts were fir ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > S&P Global PlattsOilOPEC +3

Ethane Production Growth Led to Record U.S. Natural Gas Plant Liquids Production in 2017

Source: U.S. Energy Information Administration, Monthly Energy Review and Petroleum Supply Monthly U.S. natural gas plant liquids (NGPL) production has nearly doubled since 2010, outpacing the rate of natural gas production growth and setting an annual record of 3.7 million barrels p ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > EIAEnergy Information Administration EIAnatural gas +7

The Fed Is Driving Down Oil Prices

By Nick Cunningham of Oilprice.com The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world. The U.S. Federal Reserve announced another rate hike a few days ago, which ...

Oilprice Staff


Posted 3 days agoOpinion > United StatesUSFederal Reserve +4

Merger in Energy Efficiency Sector Creates Strategic Opportunities

With the rising cost of energy and greater interest in reducing CO2 emissions, retrofitting existing equipment has gained momentum, and an impending merger can provide a more comprehensive approach. A number of companies have arisen to service the market, including Smartcool Systems Inc. (S ...

OilVoice Press - OilVoice


Posted 3 days agoOpinion > mergerStreetwise ReportsEnergy +1
Last fetch 6/23/2018 2:49:24 AM