Trends
2014, December, 6, 16:30:00
U.S. OIL: NO SANTA CLAUS
Heavily indebted US shale companies are facing financial pressure as a result of the fall in the price of oil but may find their lenders are inclined to “go easy” on them, according to Fitch, the rating agency.
2014, December, 6, 16:25:00
U.S. OIL GROWTH
U.S. crude oil and lease condensate proved reserves rose for the fifth consecutive year in 2013, increasing by 9% from the 2012 level to 36.5 billion barrels
2014, December, 6, 16:20:00
OIL PRICES DOWN
Oil prices slid to the lowest point in more than five years Friday as worries about a global glut of oil continued to weigh on the market.
2014, December, 6, 16:15:00
OIL PRICES: THE NEW WORLD
The recent sharp falls in the oil price require further adjustments to asset values around the world. Oil was in most people’s forecasts and commentaries at about $110 a barrel earlier this year, but is now selling for under $70.
2014, December, 6, 16:10:00
OIL PRICES: NORTH SEA NIGHTMARE
Sir Ian Wood, the Aberdeen-based billionaire and energy industry veteran, has given warning that tumbling oil prices will have a “horrible effect” on North Sea prospects.
2014, December, 6, 16:05:00
OIL PRICES: NORWAY THREAT
A sharp drop in oil prices since the summer is creating a heap of trouble for Norway.
2014, December, 6, 15:55:00
SISTEMA FELL: 35%
Shares in Vladimir Yevtushenkov’s Sistema Group fell more than 35 per cent this week, amid growing concern that Russian investigators will try to reclaim Rbs140bn ($2.7bn) in dividends that the group has received from its oil company Bashneft .
2014, December, 6, 15:40:00
SOUTH STREAM: NO
The fallout from Russia's decision to abandon its ambitious South Stream pipeline deal continued Dec. 3, as Italian energy services firm Saipem announced that it would lose almost $2 billion because of Moscow's move
2014, December, 3, 21:25:00
SAUDI OIL POLICY
After OPEC’s announcement last week that it would not be cutting production, oil prices fell dramatically.
2014, November, 30, 14:00:00
CHINA'S SOFT POWER: $120 BLN
China also has promised more than $120 billion since May to Africa, Southeast Asia and Central Asia, including a $40-billion New Silk Road fund and a $50-billion Beijing-backed Asian Infrastructure Investment Bank.
2014, November, 30, 13:50:00
U.S. SHALE GAS PRODUCTION DECLINE
USA sees shale gas production decline, no progress observed in shale gas development abroad
2014, November, 30, 13:20:00
ОПЕК: ТРУДНОЕ РЕШЕНИЕ
ОПЕК поставила нефтяную отрасль перед сложным выбором
2014, November, 29, 21:00:00
CLEANING THE U.S. OIL MARKET - 2
With a sustained price drop to $60 a barrel, North American shale drilling would be especially challenged in emerging fields such as some in Ohio and Louisiana, where costs are at the highest early in development, according to Citigroup and ITG.
2014, November, 29, 20:55:00
CLEANING THE U.S. OIL MARKET
Saudi Arabia and its OPEC allies’ firm stand against cutting crude output to slow the plunge in oil prices has set the energy world on a painful course that will leave the weakest behind, from governments to U.S. wildcatters.
