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Month: October 2019

Category:
  • Norway

The Surprising Winner Of The Oil & Gas Exploration Race

Norway saw the highest number of oil and gas discoveries in the third quarter, with six out of the 38 oil and natural gas finds made around the world, data Continue Reading

Posted On : 30 Oct 2019 Published By : Tom Whipple
Category:
  • Prices
  • United Kingdom

BP: Oil Is “Finely Balanced” At $60

The Brent Crude price is finely balanced at US$60 per barrel, but the U.S.-China trade spat will likely drag oil demand and, as a result, oil prices, lower rather than Continue Reading

Posted On : 30 Oct 2019 Published By : Tom Whipple
Category:
  • Economy
  • Germany

German exports to shrink for first time since global financial crisis: DIHK

German exports will shrink next year for the first time since the global financial crisis over a decade ago, the DIHK Chambers of Industry and Commerce said on Wednesday, as Continue Reading

Posted On : 30 Oct 2019 Published By : Tom Whipple
Category:
  • Coal
  • Russia

Russia to overtake Indonesia as top exporter of thermal coal by 2040: IEA

 Russia is expected to overtake Indonesia as the biggest exporter of coal by 2040, as the Southeast Asian country’s thermal coal production stagnates, the International Energy Agency said Wednesday. In Continue Reading

Posted On : 30 Oct 2019 Published By : Tom Whipple
Category:
  • Prices

Crude futures steady in Asia trade as market awaits fresh drivers | S&P Global Platts

Crude oil futures were largely stable in mid-morning trade in Asia Tuesday, after settling lower overnight on bearish macroeconomic data, as the market awaits fresh drivers after the Diwali public Continue Reading

Posted On : 29 Oct 2019 Published By : Tom Whipple
Category:
  • Syria

Turkey says Kurdish YPG has not fully withdrawn from Syria border area

Kurdish YPG forces have not fully withdrawn from a strip of northeastern Syria under a Russia-brokered accord that is about to expire, Turkey’s foreign minister said on Monday, as Ankara Continue Reading

Posted On : 29 Oct 2019 Published By : Tom Whipple
Category:
  • Iran
  • Saudi Arabia

How Iran Used Google To Disrupt 5% Of Global Oil Production

Officials at Saudi Aramco believe that Iran used satellite maps from Google Maps to precisely attack the oil facilities in Saudi Arabia in the middle of September, a U.S. Senator Continue Reading

Posted On : 29 Oct 2019 Published By : Tom Whipple
Category:
  • Iran

Iran’s Desperate Attempt To Settle Its Debts

Iran’s government plans to pay its debts to private firms with proceeds it aims to raise by selling stakes in state-held refining and petrochemical companies, Iranian economic daily Financial Tribune Continue Reading

Posted On : 29 Oct 2019 Published By : Tom Whipple
Category:
  • OPEC
  • Shale Oil

Will The U.S. Shale Slowdown Save OPEC?

Russia and its OPEC partners in the production cut deal will take into account the slowing U.S. shale production growth at their December meeting to discuss the agreement, Russia’s Deputy Continue Reading

Posted On : 29 Oct 2019 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Aramco aims to begin planned IPO on Nov. 3: sources

Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov. 3, three people with direct knowledge of the matter told Reuters, after delaying the deal Continue Reading

Posted On : 29 Oct 2019 Published By : Tom Whipple

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