Easwaran Kanason

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Oil Rush in Guyana

Traces of petroleum have been recorded in Guyana since the 1750s, back when Dutch explorers were mapping the country. Wells drilled in 1916 produced some natural gas that powered local utilities for several decades, while Shell and the California Oil Company made exploratory drills in the 1950s and ...

Easwaran Kanason


Posted 14 days agoOpinion > GuyanaExxonStabroek +1

China’s Petrochemical Boom

By some reports, China is expected to account for  50% of all growth  in the petrochemical sector through 2025. As the country rushes to attempt petrochemical self-sufficiency – China remains deficit particularly in ethylene and benzene, as also derivatives, as its domestic demand booms – its petro ...

Easwaran Kanason


Posted 14 days agoOpinion > ChinaPetrochemicaldownstream +2

New Era, or Same Old Game in Indonesia’s Upstream Sector

Last week, Indonesia announced five winning bids in the 2017 oil and gas block tender. The Energy Ministry declared this as a ‘new era' in Indonesia's upstream industry. But is it really? Is it a brand new era promising success, or is it a sign of deeper problems in the industry that have still not ...

Easwaran Kanason


Posted 14 days agoOpinion > oil priceIndonesiaOil Blocks +1

Oil Rush in Guyana

Traces of petroleum have been recorded in Guyana since the 1750s, back when Dutch explorers were mapping the country. Wells drilled in 1916 produced some natural gas that powered local utilities for several decades, while Shell and the California Oil Company made exploratory drills in the 1950s and ...

Easwaran Kanason


Posted 1 month agoOpinion > GuyanaExxonStabroek

OPEC’s Oil Production Freeze and Tanker Day Rates

A rule of thumb in the shipping industry is that high oil prices are bad for shipping earnings, and low oil prices are good for shipping earnings. With Brent crude prices at US$70/b now, the shipping industry's rates and earnings are now starting to sputter again, after recovering barely 3 years ago ...

Easwaran Kanason


Posted 1 month agoOpinion > Oil TankersOPECShipping +2
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