Forecast


All posts for Forecast

The Race to the World’s Largest Crude Producer

  According to the US Energy Department, US crude production hit 11 million barrels per day in early July. This was always seen as an inevitability, but the speed at which the mark has been achieved has been astonishing. It was only eight months ago in November 2017 that the US production reache ...

Easwaran Kanason


Posted 3 months agoOpinion > Crude Oil PriceDemandsupply +5

Counting Down to Vienna

  Almost everyone seems to agree that US$80/b – at least in this current environment – is not conducive for the oil business. While oil producing countries are reaping benefits right now, they are also worried that prices sustaining at this level will cause demand destruction in key markets like ...

Easwaran Kanason


Posted 4 months agoOpinion > oil priceViennaDemand +7

The State of the Industry: Q1 2018

  The first quarter of 2018 has proven to be a continuation of an upswing that settled in over 2017, at least according to the financial results of the supermajors. Aggressive cost-cutting from the past paired with a consistent rise in crude prices over the first quarter has contributed to reven ...

Easwaran Kanason


Posted 6 months agoOpinion > Nrgedge articleOil and Gasoil industry +8

The 2018 NrgEdge Oil & Gas Industry Outlook

Part 1 Two things are certain in 2018 in the oil markets. In June, OPEC will convene in Vienna where it will announce that the global oil markets are almost in balance, outlining an exit strategy where the 14 country block and the Russia-led NOPEC block will eliminate strict targets but agree to ...

Easwaran Kanason


Posted 10 months agoOpinion > oil priceDemandsupply +5

Oil & Gas Budgeting & Forecasting Best Practice and Modelling

Oil & Gas Budgeting And Forecasting Best Practices In today's highly competitive and increasingly uncertain environment, it is now imperative for Oil & Gas companies to forecast more accurately and also more frequently. In a recent survey by the CFO Journal, over 70% of Chief Financial Officers ( ...

Salina Matt


    MY 15 May 2017


Posted 1 year agoEvent > Oil & GasBudgetingForecast +2

Benedict Peters: What can we expect from Nigeria Energy Week 2017?

This week sees the launch of the 16th Nigeria Oil and Gas (NOG) Conference and Exhibition and Nigeria Power Forum , the annual gathering of the leading figures and organisations in the Nigerian oil and gas sector. In another challenging year for resources in Nigeria, will this year's conference pro ...

Benedict Peters - Aiteo Group


Posted 1 year agoOpinion > NigeriaOilDiversified Gas & Oil +6