This trade war has slowed demand for oil in China, but also in Europe and America itself.
Gulf States
Work completed in July 2019
This is a brief list of some of the work completed for various clients in a variety of formats, during the past month. In July I covered a wide range of topics including developments in the oil and gas business, maritime sector including use of hydrojets, global environment, power generation including renewables, the application of industrial internet of things, constuction challenges and bunkering logistics. In addition, I visited and reviewed the current exhibition at Oxford’s Ashmoleum Museum. Plus produced a briefing on Italian utility Enel. Contact me to find out more info@nicnewmaoxford.com
OPEC Sees Oil Surplus in 2020 Amid Shale Surge
It is likely that any further production cuts by OPEC and Russia to maintain prices will be harder to implement if all it does is boost American oil producer’s profit margins and encourage greater investment in well drilling and completions.
Global Drilling And Well Services Activity Sees An Upswing
More than 72,000 wells are expected to be drilled and completed in 2019, representing a 3% growth compared to 2018.
The path to a diversified energy future
The GCC states are facing up to the challenge of combining energy diversity with security
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