2017 Oil industry Predictions


All posts for 2017 Oil industry Predictions

Your Weekly Update: 23 - 27 Oct

Last week in the world oil: Prices As signs points to OPEC and Russia extending their production cuts beyond March 2018, crude oil prices surged to their highest level since July 2015, with Brent hitting, and staying above, US$60/b. WTI remains strong as well, as American crude exports hit an ...

Nrgedge Admin - NrgEdge


Posted 1 month agoOpinion > nrgedge2017 Oil industry PredictionsOilandGas

Your Weekly Update: 16 - 20 Oct

Last week in the world oil: Prices - There are no clear trends in crude prices, with Brent and WTI stuck in their respective ranges of US$57/b and US$52/b. Reductions in US drilling rates were offset by Iraqi supply disruptions, while OPEC's hints that the supply freeze will persist did little ...

Nrgedge Admin - NrgEdge


Posted 1 month agoOpinion > nrgedge2017 Oil industry PredictionsOilandGas

Major Employment Report Shows Signs of Returning Confidence in the Oil and Gas Market

Industry Survey of 10,000 respondents shows: ·         Almost 60% of employers expect to recruit significantly over next 12 months ·         Almost half of employers expect salaries to rise October 2017 After a tough four years new research shows that for the first time since 2014 the oil and ...

Oliver Fitzpatrick


Posted 1 month agoPress > Oil2017 Oil industry PredictionsOil and Gas Jobs +1

All You Need to Know About Benedict Peters – Nigeria Profile

I write quite a bit about leading energy figures in the oil and gas world in Nigeria. Last week I did a profile of Arthur Eze , the bombastic prince of Oranto's sprawling oil network. I don't believe that these visionaries get the credit they deserve so I want to make a point of drawing attention ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 1 month agoOpinion > Benedict PetersAiteo GroupNigeria +5

Your Weekly Update: 2 - 6 Oct

Last week in World oil: Prices -       Despite OPEC's best efforts to insist the ‘supply freeze is working', crude oil prices continue to dawdle as the market instead focuses on continued oversupply, particularly with US production returning from Hurricane Harvey closures. Brent is trading at ...

Nrgedge Admin - NrgEdge


Posted 1 month agoOpinion > 2017 Oil industry PredictionsOil Price predictions

Your Weekly Update: 18 - 22 Sep

Last week in the world oil: Prices -       Oil prices got a boost, within striking distance of US$60/b, as major producers say that the global supply glut is shrinking as strong demand creates a rebalancing, as well as threats by Turkey to cut off Kurdistan's only pipeline outlet for its crud ...

Nrgedge Admin - NrgEdge


Posted 2 months agoOpinion > 2017 Oil industry PredictionsOil Price predictionsBusiness news +1

Your Weekly Update: 11 - 15 Sep

Last week in World Oil: Prices Oil prices remain close to multi-month highs as the market assesses the impact of two recent major hurricanes, as well as indications that OPEC is considering extending the current supply freeze deal beyond March 2018. Brent is trading at about US$55/b, while WTI s ...

Nrgedge Admin - NrgEdge


Posted 2 months agoOpinion > oil priceOil Price predictions2017 Oil industry Predictions

Your Weekly Update: 28 Aug - 1 Sep

Last week in the world oil: Prices -       Crude prices rose as key refineries and pipelines in the US Gulf resume operations after being shut for Hurricane Harvey. WTI prices recovered to US$48/b, as refining centres around Corpus Christi, Houston and Port Arthur avoided major damage and resumed ...

Nrgedge Admin - NrgEdge


Posted 3 months agoOpinion > 2017 Oil industry PredictionsOilandGasFuture of the Oil industry +7

Aiteo at the vanguard: the powerhouse at the centre of Nigerian oil

There is a quote that says: ‘ the definition of insanity is doing the same thing over and over again and expecting a different result '. It's often attributed to Albert Einstein, but it perfectly describes the state of the oil sector in Nigeria. Governments come and go, oil licences are approved, an ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 3 months agoOpinion > 2018Aiteo GroupNigeria +11

Westwood Global Energy Group sees Global Recovery in Land Drilling, Makes Global Land Rigs Data Available for First Time

- The first half of 2017 shows the start of a recovery in the global land drilling market, according to figures from Westwood Global Energy Group (Westwood) - It predicts that the global number of rigs drilling will increase at a seven per cent compound annual growth rate (CAGR), over the period to ...

Victoria Roe


Posted 3 months agoPress > land rigsDrilling2017 Oil industry Predictions

Your Weekly Update: 14 - 18 Aug

Last Week in World Oil:  Prices -       Last week's price rally sputtered out at the start of the week, with Brent at nearly US$52/b and WTI at US$48/b. However, with signs that the global market was rebalancing from chronic oversupply, oil prices have been edging upwards, though a rally to ...

Nrgedge Admin - NrgEdge


Posted 3 months agoOpinion > 2017 Oil industry PredictionsFuture of the Oil industryoil industry +7

Cairn Energy swings to profit after Kraken begins producing oil

The ball appears to be rolling along quite nicely in Senegal. Cairn has upgraded the size of the estimated contingent proven and probable resource base at the SNE field there to approximately 563 million barrels of oil, up from a 473 million barrel estimate back in March. The more detailed product ...

Fiona Cincotta


Posted 3 months agoOpinion > 2017 Oil industry PredictionsCairn Energy

Your Weekly Update: 31 Jul - 4 Aug

Last week in World oil: Prices -       Oil prices remain stuck – at around US$52/b for Brent and US$50/b for WTI – as BP predicts that crude prices will stay in a range of US$45-55/b over 2018. Although signs are pointing to a slight slowdown, high output from the US is holding prices down, as ...

Nrgedge Admin - NrgEdge


Posted 4 months agoOpinion > Future of the Oil industryoil industry2017 Oil industry Predictions +5

NrgEdge welcomes Vandana Hari on board as Oil Markets Advisor

Singapore, 2 August - Vandana Hari has 22 years of experience providing intelligence on the global oil and gas markets to executives in the industry, allied services, government officials, and wealth managers. She is Founder and CEO of Vanda Insights, a provider of analysis and research on the glo ...

Nrgedge Admin - NrgEdge


Posted 4 months agoPress > Oil Price predictions2017 Oil industry Predictions

TouchstoneEnergy helps oil and gas companies with Joint Venture Accounting & Spend Management Reporting

Improving Oil and Gas Joint Venture Accounting with Automation Oil and gas joint venture accounting requires accurate allocation of costs to partners and creation of Joint Venture Interest Billing statements and invoices for cost recovery. Constant changes in equity creates complexity for the JV ...

Marcus Kelly - TouchstoneEnergy


Posted 6 months agoPress > Touchstonejoint ventureAccounting +9