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Posted: January 19, 2018, 7:17 pm

COLUMN-Peak oil demand and its implications for prices: Kemp
Reuters
In the 1980s, OPEC's market power was broken by the emergence of rival oil supplies from the North Sea as well as Russia, Alaska and China. In the 2010s, its market power was hit by the emergence of U.S. shale, Canadian heavy oil and deepwater projects ...

and more »
Posted: January 19, 2018, 2:01 pm

Forbes

The Offshore US Oil And Natural Gas Treasure Trove
Forbes
Importantly, the push for more wind and solar will not displace our oil demand because they are strictly sources of electricity, and electricity accounts for just 1% of our oil usage. This is why the U.S. Department of Energy's (DOE) National Energy ...

and more »
Posted: January 19, 2018, 2:00 pm

Brazil to drive LatAm oil output growth this year
Business News Americas
For state-owned projects, initial information about the start date and estimates for completion and investment are taken from original signed contracts, along with addendums and annexes. If original contracts cannot be obtained, information is taken ...

and more »
Posted: January 19, 2018, 12:57 pm

New Telegraph Newspaper

Lenders halt oil fields' debts recovery strategy
New Telegraph Newspaper
Stating that the steady increase in oil prices at the international market has raised lenders' hope of debts recovery from oil and gas industry, a management staff of one of the new generation banks who revealed the investments profile of banks in ...

Posted: January 19, 2018, 2:04 am

Oil to drive economy in 2018 - World Bank projects 8.3 percent growth
BusinessGhana
The growth is to be largely driven by increased production in oil and gas which is expected to lift the country's exports. The bank's World Economic Prospects report for 2018, which was released on Tuesday, forecasted a slightly higher figure than the ...

and more »
Posted: January 18, 2018, 12:52 pm

Financial Tribune

Zanganeh Bemoans Financial Constraints on Oil, Gas Projects
Financial Tribune
I ran's energy industry has been on an upward path since the lifting of sanctions, but financial constraints could keep in check some of the country's biggest oil and gas development projects, Oil Minister Bijan Namdar Zanganeh said. "In some areas ...

and more »
Posted: January 17, 2018, 8:30 pm

The National

Saudi Arabia to tender around 4GW of renewable projects in 2018
The National
Saudi Arabia, which has traditionally generated power from oil and gas, has embarked on a programme to develop 9.5GW of renewables capacity by 2023. Countries in the Arabian Peninsula, which receive high levels of solar irradiation have looked to ...

and more »
Posted: January 16, 2018, 4:10 pm

Economic Times

Congress projects ended with stone laying ceremony: PM Narendra Modi
Economic Times
Prime Minister Narendra Modi today launched a scathing attack on Congress saying it has "hoodwinked" people by making tall promises and doing nothing on the ground. Speaking at a function organised to "commence" work on the Rs 43,129 crore Barmer oil ...

and more »
Posted: January 16, 2018, 1:50 pm

OilPrice.com

Shell Approves Its First North Sea Oil Project In Six Years
OilPrice.com
Shell is going ahead with the redevelopment of the Penguins oil and gas field in the UK North Sea, the oil major said on Monday in its first major oil project sanction in the North Sea in six years. The final investment decision (FDI) on the project ...
Shell gives green light to first big North Sea project in 6 yearsFinancial Times
Giant project north of Shetland will boost North Sea oil and gas supply chainHeraldScotland
Shell green light to first UK North Sea project in six yearsIrish Times
Business Day -The Independent -The Irish Times
all 94 news articles »
Posted: January 15, 2018, 9:00 pm

The Times

Banks ready to start pumping cash into oil projects as price rebounds
The Times
Banks and big investors are showing new interest in the oil sector as prices rebound, the boss of Premier Oil has said, improving options for funding its proposed Falklands development. Tony Durrant said that the group was seeing “more institutional ...

and more »
Posted: January 12, 2018, 12:01 am

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