This month’s version of The Oil Big Five marks its first anniversary and we’re pleased to still be serving up a monthly dose of topics to keep an eye on in the global oil industry.
Posts Tagged ‘Middle East’
By Elizabeth Bassett | May 13, 2015 12:01 AM Comments (1)
By Tamsin Carlisle and Adal Mirza | May 11, 2015 12:01 AM Comments (0)
In this week’s Oilgram News column, New Frontiers, Tamsin Carlisle and Adal Mirza illustrate the widely varying states of oil production in a region where reserves and potential are bountiful — if they can be tapped.
From the outside, it can be tempting to lump together the Persian Gulf oil states as a homogeneous mass. After all, oil statistics on the region typically talk of the “Middle East” and they export crude to much the same markets, mainly in Asia.
However, as delegates at the Middle East Petroleum and Gas Conference in Abu Dhabi recently heard, not all Gulf oil producers are created equal, and those with some of the biggest reserves may, in coming years, be outperformed by more reliable suppliers.
By Takeo Kumagai | April 28, 2015 09:02 AM Comments (0)
It wasn’t the first time, and it will not be the last. Abu Dhabi struck a deal on April 27 with Japan’s Inpex, awarding a 5% stake in its giant Adco onshore oil concession for the next 40 years from January 1, 2015.
By Christopher Ferrell | April 15, 2015 12:01 AM Comments (0)
For two years, US polyethylene prices climbed higher and higher.
For two years, feedstock prices had little-to-no impact on domestic polyethylene contracts. Upward or downward shifts in domestic demand seemed to have little effect.
By Tamsin Carlisle | March 30, 2015 12:01 AM Comments (0)
Many have been waiting for mergers and acquisitions— particularly in E&P sectors — to pick up in light of low oil prices, and one case of a downstream-focused company considering acquiring an oil producer caught the attention of Tamsin Carlisle in this week’s Oilgram News column, Petrodollars.
By Takeo Kumagai | February 24, 2015 12:01 AM Comments (0)
Huge inventory losses brought on by the plunge in oil prices in the second half of last year prompted Japanese refiners, desperate to eke out margins, to switch away from some of their staple heavy crude imports from the Middle East in favor of spot barrels from Russia and even far-away Mexico.
By Colin Richardson | January 17, 2015 12:01 AM Comments (0)
The immediate reason for the oil price plunge seems fairly clear – producers going gung-ho at a time of weak demand, which is not helped by the buoyant greenback.
What is murkier, perhaps, is how geopolitical agendas and motivations are feeding the bear market.
By Elizabeth Bassett | October 23, 2014 03:33 PM Comments (3)
This is a busy time of year, and between conferences and the reporting of big news events, we’ve been running in several directions at once here at The Barrel. That’s part of the reason why we’re just now getting to your comments about the October version of The Oil Big Five, when we got our analysts and editors to share their biggest issues in the global oil industry.
Today, though, we want to highlight some of your comments. Remember you can always tell us your thoughts through a comment here on the blog, or on Twitter with the hashtag #oilbig5.
By Elizabeth Bassett | October 6, 2014 03:03 PM Comments (4)
Now that the global crude oil markets are in the middle of a sort of upheaval, it seems increasingly harder to have clear thoughts or emotions about what the future holds. There are so many nuances to the slowly emerging new order that it can be difficult to find underlying issues (something we strive to do every month with this feature) or take a firm stand on how you think things will shake out in the future (see our No. 2 pick).
In the October version of The Oil Big Five, we have some officials trying to establish their region’s role in the future, even as everything is uncertain. We also have price movements and crude movements, and we’re hoping this all moves you to leave us a comment. Leave us your thoughts below. What do you think of these topics, and what did we leave off that’s a big issue to you? Or share your ideas on Twitter with the hashtag #oilbig5. Read what our oil editors and analysts nominated as the top issues for the moment, and we look forward to featuring your comments next week.