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Five Major Challenges Facing The Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
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032019-06

The global oil market is undergoing profound changes
Recently, the International Energy Agency (IEA) released the "Petroleum 2019" report that the global oil market is undergoing profound changes. Between 2019 and

012019-06

The Middle East situation touches the international oil price nerve
Affected by the geopolitics in the Middle East and the increase in US crude oil inventories, from May 10 to 23, the international crude oil futures price fluctu

302019-05

Supply gap will push up oil prices to $75-80 in the second half of the year
On May 22, 2019, Morgan Stanley expects Brent crude oil prices to rise to $75-80 per barrel in the second half of this year, predicting that oil market supply w

272019-05

OPEC and Russia continue to actively or passively reduce production
At the beginning of the Asian market on May 24, the international oil price rebounded technically. Oil prices fell more than 5% overnight, falling for the secon

252019-05

International trade friction escalation weakens demand
As the market prepares for the long-term downturn in the US economy, oil prices have plummeted. The escalation of international trade frictions may slow globa

242019-05

US Shale Set for 16% Oil Growth in 2019
As if they’re not already on a roll, U.S. shale operators are on track to increase oil production by 16 percent in 2019, according to analysis by energy r

232019-05

Guyana Investigating Offshore Oil Leases
(Bloomberg) -- Guyana’s anti-corruption agency is investigating how exploration rights were awarded in the world’s biggest new deepwater oil region,

212019-05

Arup and EnerMech have announced a new digitised inspection service – Arup Inspection MInteg (AIMTM) – to enhance the inspection process for the oil and gas industry.
Created by Arup, the global engineering and consultancy firm, the inspection technology – the first of its kind – digitises the entire inspection w

202019-05

Middle East Situation keeps tense
The situation in the Middle East is increasingly tense to provide support for oil prices. OPEC will increase production in the market without tightening produ

172019-05

US sanctions for crude oil supply will tighten
The International Energy Agency (IEA) said that after the Asian economy entered a quiet period, global oil demand growth will slow down earlier expectations,
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