RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2015-10-06 19:45:00

U.S. OIL WILL DOWN

U.S. OIL WILL DOWN

U.S. oil production growth will stop this month and begin to decline early next year due to low oil prices, the former head of oil firm EOG Resources, Mark Papa, said on Tuesday.

Papa, now a partner at U.S. energy investment firm Riverstone Holdings LLC, told an industry conference in London that the U.S. shale oil industry needed oil prices of at least $80 a barrel to resume production growth.

"We are about to see a pretty dramatic decline in U.S. production growth," said Papa, who was a key figure helping to spur the U.S. shale oil boom when he was at EOG Resources.

Log in to read the publication.

An authorized user gets access to four FREE publications per month.

You can also buy a full access to all publications of the site since January 2014.

Get full access:
Tags: USA, SHALE, OIL,
Chronicle:
U.S. OIL WILL DOWN
2020, September, 25, 12:49:00
TANK FARMS AND OIL TERMINALS IN RUSSIA, CONFERENCE AND EXIBITION
We are glad to announce that the 15th Technical Conference Tank Farms and Oil Terminals: from Advanced Design to Operational Excellence 2020 is now open. The event will take place on 12-13 November 2020, in Saint-Petersburg.
U.S. OIL WILL DOWN
2020, September, 25, 12:45:00
GLOBAL RENEWABLE PERSPECTIVES & RISKS
Key risks for the renewables sector are reductions in direct subsidies and tax credits as observed in China, Europe, and the US, permitting barriers and a cloudier outlook for long-term electricity prices.
U.S. OIL WILL DOWN
2020, September, 25, 12:40:00
GLOBAL ENERGY TRANSITION FOR CLIMATE
Several oil majors are charting a faster shift to cleaner energy.
U.S. OIL WILL DOWN
2020, September, 25, 12:35:00
EUROPE'S CLIMATE TARGETS
These goals are appropriately ambitious, while also realistic and achievable. Climate change mitigation is not a luxury but a necessity if we want to avoid a climate crisis.
U.S. OIL WILL DOWN
2020, September, 25, 12:30:00
THE NEW MICRO NUCLEAR
“Radiant is developing the first power generation system that can go anywhere,” company co-founder Doug Bernauer told
U.S. OIL WILL DOWN
2020, September, 24, 12:35:00
OIL PRICE: BELOW $42 YET
Brent dropped 34 cents, or 0.8%, to $41.43 a barrel, WTI fell 37 cents, or 0.9%, to $39.56 a barrel.
U.S. OIL WILL DOWN
2020, September, 24, 12:30:00
RUSSIA'S NUCLEAR FOR CLIMATE CHANGE
Russia has 36 nuclear power units in operation and three new ones under construction. In March, Russia's Ministry for Economic Development published a draft strategy for low-carbon development to 2050. The strategy's basic scenario would see nuclear output grow from 203 TWh in 2017 to 225 TWh in 2030 and 260 TWh in 2050. State nuclear corporation Rosatom's foreign orders include 36 units, which are at various stages of implementation.
All Publications »