Tag: OPEC

OPEC
Business, Energy, Europe, Gulf States, Middle East, Nigeria, North America, Northern Europe, Oil, Rigzone, South East Asia, Western Europe

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.

Copyright: suwatpo / 123RF Stock Photo
Oil, Rigzone

Has the Oil Glut Disappeared?

Geopolitical issues and industry disruptions are confusing the oil market.

Copyright: chayantorn / 123RF Stock Photo
Energy, Oil, Rigzone

US Dropping Iranian Oil Sanction Waivers

In reality, President Trump’s sanctions to stop Iranian crude exports are likely to be harder than envisaged and their success might lead to unanticipated crude price increases, which would be bad news for the world economy.

Africa, Central Asia, Energy, Energy Trading, Gas, Liquid Natural Gas, Middle East, North America, Northern Europe

A round-up of issues debated at the Flame, Europe’s premier gas and LNG conference.

By Nicholas Newman Flame Amsterdam May 2017 For me, there were three key issues covered. The US-China gas deal, the New business model needed and the end of OPEC, and Global LNG prospects. US CHINA DEAL This year’s Flame was animated by the prospect of a trade deal between the […]