Trends
2015, March, 29, 15:20:00
EU NEED RUSSIAN GAS
Europe's reliance on imports of natural gas is likely to rise from half to three quarters over the next two decades and Russia will continue to supply around 30 percent of EU needs, BP's chief economist said on Friday.
2015, March, 29, 15:15:00
2015: GLOBAL INVESTMENTS WILL DOWN 15%
Schlumberger CEO Paal Kibsgaard said Monday he expects global exploration and production capital expenditures to drop between 10 to 15 percent in 2015.
2015, March, 25, 20:10:00
UNDEFINITE PIPELINE
TAPI faces an uncertain future with the recent oil price fall, ambiguity regarding transit via Afghanistan and an increase in the estimated project cost.
2015, March, 25, 20:05:00
EU ENERGY MARKET
Before Donald Tusk became president of the European Council, the former Polish prime minister had already begun campaigning for a European energy union.
2015, March, 24, 20:15:00
NIGERIA STOP STEALING
But now, with prices low, the risk of getting busted by Nigeria’s navy now outweighs the get-rich rewards of sabotaging pipelines, stealing oil and smuggling vast quantities of it onto international markets. Indeed, some of these thieves have reverted to plunking fish traps in the waters they helped pollute.
2015, March, 23, 19:10:00
U.S. MEAGER OPTIONS
The United States will struggle to follow through on threats to impose deeper sanctions on the Russian energy sector, as European fears over collateral economic damage leave President Barack Obama's administration with diminished options.
2015, March, 23, 19:00:00
OIL MAJORS RECORD DEBT
The world’s biggest energy groups have sold record amounts of debt this year, taking advantage of historically low interest rates to plug cash shortfalls with borrowing, after a 50 per cent plunge in oil prices.
2015, March, 23, 18:35:00
OIL PRICE: $70/BBL
Could an oil and gas bounce-back loom in America’s near future? During his appearance on CNBC’s “Squawk Box,” energy magnate Boone Pickens seems to think so, forecasting prices to rise to $70 per barrel by the end of the year.
2015, March, 23, 18:30:00
LNG MARKET: TRENDS AND OUTLOOK
Natural gas international markets are constantly growing. Despite the ongoing crisis, Europe is increasing its dependence on imports, while emerging economies in Asia face the daunting task of fuelling their economic growth.
2015, March, 20, 19:10:00
OIL HUNTING
Private equity groups including Carlyle and Blackstone are to deploy billions of dollars in a hunt for acquisitions across the oil and gas industry, with a collapse in oil prices expected to lead to a wave of asset sales.
2015, March, 20, 19:05:00
U.S. GEOPOLITICS
Lifting the longstanding ban on U.S. crude oil exports would boost the country’s economy and enhance its global leadership, a former senior Obama administration official will tell senators on Thursday, introducing a strategic dimension to the growing debate over selling American oil abroad.
2015, March, 20, 18:55:00
SANCTIONS TILL END
From the first day of the summit of EU leaders in Brussels, the message resonated loudly: there seems to be one single front against Russia and toward the creation of the Energy Union, while a widespread criticism over the European approach to the Greek saga emerged amid tensions.
2015, March, 20, 18:45:00
U.S. DRILLING INCOME
The level of interest in new oil and gas exploration in the Gulf of Mexico is slowing due to the low price of oil, but federal regulators said they remain optimistic about the future of offshore drilling.
2015, March, 20, 18:30:00
NIGERIA’S OIL RISKS
Deepening political divisions between Nigeria’s regions over the presidential poll and the absence of a clear front-runner increase the risk of a contested outcome and a turbulent aftermath
2015, March, 20, 18:20:00
INDONESIA’S SHORTFALL: $21 BLN
Indonesia's 2015 revenue target is "really unrealistic" and there will be a large budget shortfall that could force the government to cut spending, a World Bank economist said on Wednesday.