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2014, November, 16, 12:10:00
WORLD OIL TRANSIT
World chokepoints for maritime transit of oil are a critical part of global energy security. About 63% of the world's oil production moves on maritime routes. The Strait of Hormuz and the Strait of Malacca are the world's most important strategic chokepoints by volume of oil transit.
2014, November, 16, 12:00:00
WITHOUT RUSSIAN GAS
Dispute over Russian gas supplies to Ukraine should be resolved shortly since this country will not survive this winter without Russian gas.
2014, November, 16, 11:55:00
RUSSIA WITHOUT EUROPE
According to Gazprom’s financial report, in 2013 exports to Europe accounted for 58% of its revenue. It is true that Gazprom has been losing market share in Europe, but it has been increasingly flexible and sales rebounded in 2013.
2014, November, 16, 11:50:00
UNREASONABLY COLD U.S.
Unseasonably cold temperatures this week led to big increases in heating demand for natural gas from the residential and commercial sectors. Weather forecasters expect the cold to continue into next week, which will likely result in more natural gas consumption.
2014, November, 16, 11:45:00
OIL & GAS UK: NO SUBSIDIES $4.5 BLN
Oil & Gas UK has issued a sharp rebuttal to reports that UK producers enjoy generous governmental subsidies.
2014, November, 16, 11:40:00
HALLIBURTON & BAKER HUGHES DEAL
Two of the biggest oilfield services companies, Halliburton and Baker Hughes, are discussing a merger that would help both companies fend off falling oil prices
2014, November, 16, 11:35:00
G20: RUSSIA SANCTIONS & GLOBAL GROWTH
Leaders from the G20 group of nations agreed on Sunday to boost flagging global growth, tackle climate change and crack down on tax avoidance but ties between the West and Russia plummeted to a new low over the crisis in Ukraine.
2014, November, 13, 21:50:00
SAUDI PRICE WAR
Saudi Arabia’s oil minister broke months of silence on Wednesday to speak publicly about the Gulf nation’s stance on the oil market and dismiss claims that it had triggered a “price war”.
2014, November, 13, 21:45:00
OIL PRICE: OPEC ACTIONS
EIA: OPEC’s actions bring huge uncertainty on crude oil price forecast