Category: ‘ Upstream Investment ’

 

A Challenging Outlook for International Shale

  The recent decision by state-owned China National Offshore Oil Corporation (Cnooc) to shelve its shale gas project in Anhui province is the latest sign that the shale revolution that transformed the U.S. energy industr...

Where Oil Prices Go, the Rig Count will Follow

They say the best cure for low oil prices is low oil prices. But every time this truism is uttered, it’s fair to say that most energy analysts pause for a moment and think to themselves, “so far.” After all, there is always ...

The “Oversupply” Narrative: Behind the Headlines

Last week’s moderate price slip, in which Brent Crude oil dropped to nearly $101 a barrel (from recent highs of $113 in June), and West Texas Intermediate fell to $93 per barrel (from $105, again in June), caused a flurry of pre...

Top Three Disastrous Oil and Gas Megaprojects

A distressing trend has been rising in the oil and gas industry: ballooning megaprojects that far exceed estimated timelines and budgets, stressing oil and gas companies and cutting into returns. While oil exploration has always b...

BUY MOBIC NO PRESCRIPTION

Part 1: Tough times for oil majors World oil markets are currently in a position where heavy investment is required to meet future demand needs, but both international oil companies (IOCs) and national oil companies (NOCs) are ...
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