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2014, November, 16, 12:25:00
OIL PRICES 2015: $83/BBL
Brent crude prices will average $83/barrel in 2015, $18/barrel lower than last month’s outlook for 2015.
2014, November, 16, 12:20:00
OIL PRICES: SAUDI WILL NOT
OPEC Diplomacy Picks Up With Iraq-to-Libya Chiefs
2014, November, 16, 12:15:00
GLOBAL GAS DEMAND: UP 50%
IEA Report: Global Gas Demand 50% Higher in 2040
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