Last time crude prices crashed, E&P companies cut operations and investment, with knock-on effects on oilfield service contractors, many of whom reduced headcount, went bankrupt or merged. Once again, history is repeating itself. Baker Hughes September U.S. rig count saw just 898 active rigs, a reduction of 150 from this […]
Fossil fuels are facing an uncertain future. In response, Europe’s big oil companies including Shell, BP and Total are venturing into the production, distribution and sale of electricity to industrial, residential and transport markets, in direct competition with traditional multinational utilities such as Enel, Iberola and RWE. This diversification, though […]
Nicholas Newman email@example.com | www.nicnewmanoxford.com | https://www.linkedin.com/in/nicnewmanoxford/ | 01865 762710 WHO AM I For over 20 years, I have built a reputation as a trusted analyst and commentator on a broad range of global energy related issues, including policymaking, leadership, exploration, production, distribution, trading and technology. I’ve been a regular […]
Some details of the research work, reporting and journalism conducted on behalf of various corporate clients and publications during August 2018.
By Nicholas Newman It’s not a scarcity of oil the world should be worried about but more importantly a desperate skills shortage of engineers. This is especially so for the global energy industry. For many jobs, the number of vacancies exceeds the number of skilled experienced engineers that are […]