economy


All posts for economy

Our Finite World: Why We Get Bad Diagnoses for the World’s Energy-Economy Problems

The world economy seems to be seriously ill. The problem is not overly high oil prices, but that does not rule out energy as being a major underlying problem. Two of the symptoms of the economy's malaise are slow wage growth and increasing wage disparity. Tariffs are being added as solutions to th ...

Gail Tverberg


Posted 1 month agoOpinion > Our Finite WorldGail TverbergEnergy +4

ESAI Energy: Product Demand Growth Succumbs to Economic Pressures in 2020

According to ESAI Energy's recently released  Two-Year Global Fuels Outlook , global demand for gasoline, gasoil, jet fuel, kerosene, and fuel oil is expected to rise by a combined 770,000 b/d in 2019, following an increase of just 440,000 b/d this year. This acceleration will be driven primarily ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > ESAI EnergyGasolineGasoil +1

New Study From University of Aberdeen highlights Prospects for Long Term Economic Recovery From UK Continental Shelf (UKCS) reaching OGA’s Vision 2035 Levels

A new research study produced by Professor Alex Kemp and Linda Stephen from the University of Aberdeen highlights enhanced prospects for long-term activity from the UK Continental Shelf (UKCS) compared to previous studies, indicating that the ambitious targets in the OGA's Vision 2035 are achievab ...

OilVoice Press - OilVoice


Posted 1 month agoPress > UKSCUnited Kingdom Continental ShelfUnited Kingdom +2

Our Finite World: The World’s Fragile Economic Condition – Part 2

The world economy can appear to be operating quite well but can be hiding a major problem that causes it to be fragile. My presentation  The World's Fragile Economic Condition (PDF) explains why we should expect financial problems if energy consumption stops growing sufficiently rapidly. In fact ...

Gail Tverberg


Posted 1 month agoOpinion > Our Finite WorldGail Tverbergeconomy +3

Ashurst comment: Oil & Gas UK Economic Report 2018

Commenting on Oil and Gas UK's Economic Report 2018, Michael Burns, oil and gas partner at law firm Ashurst, said: "The report confirms just how resilient the UK oil and gas industry has been, and there is certainly a 'good news story' to be told in terms of continued reductions in development an ...

OilVoice Press - OilVoice


Posted 2 months agoPress > United Kingdomo&geconomy +1

Deloitte’s O&G Specialist on Oil & Gas UK’s Economic Report

Commenting on the findings of Oil & Gas UK's 2018 Economic Report published today, Shaun Reynolds, Partner and head of the oil and gas transaction services team at Deloitte in Aberdeen, said.  “Whilst production remains strong, which is testament to the resilience of the North Sea operators and su ...

OilVoice Press - OilVoice


Posted 3 months agoPress > o&gOilgas +4

Naija rising - World Bank Report Shines Green

Great news released today for anyone watching the Nigerian economy, but no surprises for those of us who are on the ground: in the World Bank's Ease of Doing Business list , Nigeria was among the 10 economies showing the most considerable improvement. Demonstrating our resilience to turbulent oil ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 1 year agoOpinion > World BankNigeriaeconomy +3

New refinery to finally strengthen blind spot in Nigerian oil sector?

If latest reports out of Abuja can be believed, the completion of the Dangote Refinery in 2019 will mark a very significant milestone, and in fact a great step forward, for the Nigerian oil and gas industry. This is the latest project from Nigeria's most valuable export: Aliko Dangote. The $14 bil ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 1 year agoOpinion > DangoteOilNigeria +3

Nigerian oil: overpromising and under-delivering

What the Nigerian administration possesses in its ability to propose ambitious promises, it ultimately makes up for in a lack of ability to execute its very well-intentioned plans. And it is now clear to everybody that the price of crude oil has very little to do with the country's problems. Among ...

Bayo Okoya - Delta Analytics Lagos


Posted 1 year agoOpinion > OilNigeriaPIB +6

Benedict Peters: No shortage of ambition at Nigeria Energy Week – but what of the challenges ahead?

It is clear that Nigeria's Petroleum Minister, Dr Emmanuel Ibe Kachikwu is a man undeterred by adversity. But what sets him apart is that, in spite of his bold ambitions for the oil sector, he is under no illusions about the scale of the challenge. That challenge is being explored in detail this w ...

Benedict Peters - Aiteo Group


Posted 1 year agoOpinion > OilNigeriaoil & gas conference +6

Benedict Peters: The fate of Nigeria’s oil future hangs in the balance

The workings of the oil sector in Nigeria had been in need of a rethink long before the Obasanjo government decided to take action nearly a decade ago. Passed from government to government in the years since, we're barely any closer to the promised alignment and clarification of the regulatory frame ...

Benedict Peters - Aiteo Group


Posted 1 year agoOpinion > OilPIBNigeria +10

Africa Marginal & Independent Producers Oil/Gas Conference, 2017

Africa Marginal & Independent Producers Oil/Gas Conference, 2017 August 23 -24, 2017  |  Crowne Plaza, the City, London Africa is endowed with significantly large number of onshore/offshore large, small and marginal fields. Majority of these fields that have been discovered remain abandoned wit ...

SUNNY LAW


    05 Jan 2017


Posted 2 years agoEvent > economydealsAfrica +10

Africa Marginal & Independent Producers Oil/Gas Conference, 2017

Africa Marginal & Independent Producers Oil/Gas Conference, 2017 August 23 -24, 2017  |  Crowne Plaza, the City, London Africa is endowed with significantly large number of onshore/offshore large, small and marginal fields. Majority of these fields that have been discovered remain abandoned wit ...

SUNNY LAW


    05 Jan 2017


Posted 2 years agoEvent > economydealsAfrica +10

Subsea Nations & Africa Oil/Gas Investment Forum

                  Subsea Nations & Africa Oil/Gas Investment Forum            Mon. May 1, 2017 ( First Day of  OTC 2017)  11.00 am   -  3.00 pm              Venue: Crowne Plaza –  8686 Kirby Drive , Houston, TX 77054               Near Reliant Stadium (NRG) Opp. OTC Arena, Houston   “ The Future ...

SUNNY LAW


Houston   TX   US 05 Jan 2017


Posted 2 years agoEvent > SubseanationsAfrica +8

10th Annual Sub-Saharan Africa Oil & Gas Conference, 2017

The Annual Sub-Saharan Africa Oil & Gas Conference is a unique conference that brings African producers, national oil companies, international oil companies, independents, indigenuous operators, investors, financial institutions, service sector and entire stakeholders together to meet; share knowled ...

SUNNY LAW


Houston   TX   US 05 Jan 2017


Posted 2 years agoEvent > Sub Saharan AfricaOilgas +7