From sluggish to slumped to slightly on the mend, energy prices have taken the industry on a harrowing ride the past couple of years. What will 2017 bring? With evidence that US shale producers beat OPEC at its own game – outlasting the cartel after it refused to cut production during
Houston, TX, September 26, 2016 — During the International Energy Forum, Sept. 26 – 28 in Algeria, members of the Organization of Petroleum Exporting Countries (OPEC) will convene informally to discuss how to stabilize slumping global oil prices. Crude is currently trading in th
Houston, June 24, 2016 – Arguably the world’s most valuable commodity, crude oil is essential to modern life, the building block for everything from gasoline to guitar strings. Like other commodities, crude is governed by the theory of supply and demand. Producers produce, buyer
We’ve explored the developments in other necks of the woods, from China, Argentina, and South Africa – who seem close to meaningful shale production – to Poland and Russia – who perhaps have farther to go to achieve measurable shale success. But now let’s ask: Are others ready to join
Hydraulic fracturing (“fracking”) has represented a major boon for the US economy, producing $36 billion in 2011 and rising year over year. Understandably, other countries have been watching – and some seem determined to join in on leveraging the new technology. Our previous post, Sha