Scott Johnson

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On the way up: The trends that will impact oil in 2019

The price of oil has been on a bullish trend since the start of the year. This is despite a steep decline at the end of last year because of a significant US shale industry output, which pushed down prices. The prices have recovered at the start of this year because the market has bet that supply w ...

Scott Johnson


Posted 10 days agoOpinion > OilVenezuelaChina +5

3 Ways The Oil Industry Will Be Hit By the Iran Sanctions

Unilateral U.S. sanctions on Iran, which came into force this week, will hit the country hard, of that there can be no doubt. The sanctions affect trade in dollars, gold, steel and aluminium, and in November the restrictions will be extended to include Iran's oil trade . But what are the possible ...

Scott Johnson


Posted 7 months agoOpinion > Iraniran sanctionsSanctions +5

Are Family Firms in the Energy Sector Fueling the Future?

As Reuters has recently reported , oil production and prices worldwide are feeling the pinch. This gave me cause to reflect on whether family-owned businesses in the energy sector can step up to the plate and drive another generation of growth. Some of the world's largest and most successful ener ...

Scott Johnson


Posted 1 year agoOpinion > Koch IndustriesKinder MorganReliance Industries

Is Africa Back on Track in the Oil Business?

Earlier this month, Exxon Mobil Corp signed a deal with Ghana which gives the giant company the rights to explore in the Deepwater Cape Three Point offshore oilfield. Last week, Tullow Oil Plc was awarded two more oil and gas blocks by Ivory Coast to add to its existing holdings. Is Africa about to ...

Scott Johnson


Posted 1 year agoOpinion > explorationNigeriaAfrica +2

Will Upstream Bounce Back in 2018?

Last year, the focus was firmly fixed on prices and downstream activity. The headlines and industry talk was all about demand versus supply; OPEC production cuts; price fluctuations; geopolitical factors; US oversupply, and at what point Russian frustration would crash the OPEC deal.    Obviously, ...

Scott Johnson


Posted 1 year agoOpinion > RussiaBrazilShell +2
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