ESAI Energy: product markets will undermine crude
Recent analysis projects a 2019 recovery in oil demand from quite slow growth in 2018 due to weak demand in China and demand contractions in the Middle East and Latin America.
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Recent analysis projects a 2019 recovery in oil demand from quite slow growth in 2018 due to weak demand in China and demand contractions in the Middle East and Latin America.
The commerciality of India’s deepwater and ultra-deepwater developments has been positively affected by the continuing low costs in the service sector.
Following the news that Mexico’s new government will focus only on Pemex to support crude oil production, David Bautista, Oil and Gas Analyst at GlobalData, offers his view on the effect of this on the industry.
Will Scargill, Senior Oil & Gas Analyst at GlobalData, offers his view on the impact on the oil and gas sector.
Mr. Stash most recently served as a Managing Director at Regions Securities, focused on the energy sector.
During the period, the company made four new discoveries and drilled fourteen successful appraisal wells.
The company has announced that Blackstone Energy Partners has entered into binding agreements to acquire a controlling, majority interest in Ulterra from affiliates of American Securities LLC.
GlobalData’s latest report reveals that a total of 67 crude and natural gas projects by four countries operating in the North Sea are expected to start operations during 2018-2025.
The company has appointed André Sæthern to head the company’s Reservoir business in Norway.
The technical advisor to the sector sees fossil fuel production needing to become more socially conscious and cost-competitive against an increasing share of renewables in the global energy mix in the coming decades.
London-based Blue Water Energy, Warburg Pincus LLC and the IFC are jointly providing funding to support Apex’s investment programme, including drilling, asset acquisitions and corporate transactions.
Taking place in the rectory of the university in Villahermosa, Mexico, both the university authorities and representatives from Penspen witnessed the signing.