Can U.S. Shale Survive Below $40?
Many U.S. shale drillers have said that they have full-proofed their operations for $40 oil, having lowered breakeven prices substantially over the last few years. They may soon have to Continue Reading
Can U.S. Shale Survive Below $40?
Many U.S. shale drillers have said that they have full-proofed their operations for $40 oil, having lowered breakeven prices substantially over the last few years. They may soon have to Continue Reading
Day Of Reckoning in 2018? US Rig Count Poised For Loss
E&Ps’ continued austerity, coupled with swelling oilfield service costs, will choke off the US rig count surge and bring down as many as 100 rigs by the end of 2017, Continue Reading
Oil bear market separates strong, weak U.S. shale producers
A service truck drives past an oil well on the Fort Berthold Indian Reservation in North Dakota, November 1, 2014. Crude oil’s bear market is highlighting the haves and have Continue Reading
World Energy 2017-2050: Annual Report
A Guest post by: Dr. Minqi Li, Professor Department of Economics, University of Utah E-mail: [email protected] This Annual Report evaluates the future development of world energy supply and its impact Continue Reading
Iran starts gas exports to Iraq, Iranian official tells IRNA
Iran has begun exporting gas to Iraq, an Iranian official told the state-run Islamic Republic News Agency (IRNA) on Wednesday, after a several years of delays. The neighbors, both members Continue Reading
Iran says OPEC considering deeper output cuts, delegates skeptical
Iran’s Oil Minister Bijan Zanganeh talks to journalists before the beginning of a meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, May 25, 2017. OPEC Continue Reading
Iran: Production cuts difficult for OPEC members
Cutting back on production levels is a difficult task for members of the Organization of Petroleum Exporting Countries, Iran’s oil minister said Wednesday. Iran ranks third among OPEC member states Continue Reading
Kazakhstan ‘hugely’ important to oil and gas industry
The head of the oil and gas division of GE says Kazakhstan has a significant role to play in global energy industries. Photo courtesy of the North Caspian Operating Company Continue Reading
Kemp: Saudi Arabia Eases Austerity Just As Oil Prices Decline
Saudi Arabia’s decision to reverse some of last year’s austerity measures coincides with a renewed decline in oil prices and complicates the financial and economic outlook. (John Kemp is a Continue Reading