Scott Johnson

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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 days 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 4 months 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 6 months 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 6 months agoOpinion > RussiaBrazilShell +2

Whether We Like It Or Not, Events Do Impact Oil Prices

This last week we've seen a number of significant events in the oil industry. A tanker fire and oil spill off the coast of China, President Trump's decision to ban drilling off the coast of Florida, and oil prices have now risen to their highest level since 2014. In the oil business it's easy to ma ...

Scott Johnson


Posted 7 months agoOpinion > oil priceIranDonald Trump +2
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