03 июня 2016 What’s the endgame for fossil fuel firms? “Old endgame lost of old, play and lose and have done with losing.”
27 мая 2016 For Trump, timing is everything It may be a coincidence that benchmark US crude futures broke above $50/bl for the first time in 2016 on the same day that Donald Trump tied up enough delegates to clinch the Republican party’s nomination. But that did not stop Trump for taking credit for the distinctly
19 мая 2016 Service firms bulk up against the trickle down The proposed merger of oil field service firms Technip and FMC is the natural conclusion to two years of supressed oil prices. A decade of good times for the sector ended abruptly with the Opec meeting of November 2014, and the hangover has yet to clear.
17 мая 2016 Total’s shelter from the storm “All the people have complained to me that it was very hard to develop a project in such conditions. But... today’s weather is just perfect – so, I do not understand why you have issues,” Total chief executive Patrick Pouyanne joked at the inauguration ceremony of the S
13 мая 2016 Brazil, bon appetit! The oil industry has all but handed Brazil’s new president, Michel Temer, a recipe for rekindling investor enthusiasm after his predecessor Dilma Rousseff was forced to step down yesterday. Ease local content rules, nix the sub-salt operating mandate of state-controlled
12 мая 2016 Shell bites the 2°C bullet Shell has just published for the first time a scenario that lays out a pathway broadly consistent with the aim of keeping global warming to 2°C this century.
11 мая 2016 Got Them Niger Delta Blues Again Oil eyes this week have been enthralled by the appalling spectacle in Alberta, and distracted by Saudi Arabia’s compelling domestic take on Game of Thrones.
10 мая 2016 Great L forward China’s president Xi Jinping is not a happy man. Not happy at all. Yesterday’s People’s Daily newspaper carried a thinly veiled rebuke of government economic policy by an ‘unidentified authority’ close to the president’s office. But it remains unclear whether this heral
10 мая 2016 Thumbing through Venezuela’s Rolodex The letter P surely takes up a thick wedge of PdV chief executive Eulogio Del Pino’s virtual Rolodex. PetroEcuador, Petrobras, Pemex, Petronic, Petronas. Wouldn’t Putin be there too?
28 апреля 2016 What do coal and oil prices trends have in common? Thermal coal and oil prices have been falling roughly in tandem since December 2014 even though their supply is affected by different dynamics and the commodities scarcely compete with each other. The common factor is US shale oil and gas production that has been a driv
26 апреля 2016 Careful what you wish for Low oil prices have again left hydrocarbon-dependent country leaders scrambling to assure themselves and their populaces that it’s all under control, that the economy will not always be a one-trick pony, that the future holds more than rising unemployment and falling su
25 апреля 2016 Proof of Paris deal’s success lies in actions, not signatures Some 175 countries accounting for roughly 90pc of global greenhouse gas emissions signed the Paris agreement on climate change at UN headquarters in New York on 22 April. It is the largest number of states to ever sign a multilateral deal on its opening day, the previou
22 апреля 2016 Escape hatch The conclusion from the Doha debacle on 17 April was that Riyadh has reversed two decades of separation of oil and politics. It blocked a production freeze agreement of 18 countries because its new rulers would rather do that than accept a rebuilding of Iranian output.
19 апреля 2016 Squaring up to Popeye – the slide to cold war in Opec One result of the Doha debacle is likely to be a slide towards cold war inside Opec.
18 апреля 2016 Doha: the unanswered questions From a market perspective, yesterday’s non-event in Doha does not warrant the label “disaster”, although for headline writers the alliteration is compelling. Bathos is nearer is the mark.
