Home » Posts tagged 'Tsvetana Paraskova' (Page 6)
Tag Archives: Tsvetana Paraskova
Canadian Oil Producer Calls For Production Cap Amid Record Low Prices
Canadian Oil Producer Calls For Production Cap Amid Record Low Prices One of the large Canadian oil producers, Cenovus Energy, is calling upon the government of Alberta to mandate temporary production cuts at all drillers in a bid to ease Canadian bottlenecks that have resulted in Canada’s heavy oil prices tumbling to a record-low discount […]
Permian Drillers Prepare To Go Into Overdrive In 2019
Permian Drillers Prepare To Go Into Overdrive In 2019 In recent months, pipeline capacity shortage in the Permian has been the center of shale drillers and oil analysts’ attention as much as the surging production from this fastest-growing U.S. oil region that has helped total American crude oil production to exceed 11 million bpd for […]
France Takes The Lead In Protecting Iran Oil Trade From U.S. Sanctions
France Takes The Lead In Protecting Iran Oil Trade From U.S. Sanctions France aims to lead the European Union (EU) efforts in defying U.S. sanctions on Iran, by supporting the creation of a payment mechanism to keep trade with Iran and making the euro more powerful, France’s Economy Minister Bruno Le Maire said in an […]
U.S. Oil Production Is Set To Soar Past 12 Million Bpd
U.S. Oil Production Is Set To Soar Past 12 Million Bpd Rising shale production is putting the United States on track to hit the 12 million bpd oil production mark sooner than previously forecast, the Energy Information Administration (EIA) said in its November Short-Term Energy Outlook (STEO). Next year’s U.S. crude oil output is now […]
Iran’s Top Oil Customers Resist U.S. Calls For Zero Imports
Iran’s Top Oil Customers Resist U.S. Calls For Zero Imports Just a few days before U.S. sanctions on Iranian oil exports return on November 5, the keywords about how much of Iran’s oil will come off the market are ‘lack of clarity’. On the one hand, it’s unclear how much Iranian oil will really be […]
Canada Lacks A Successful Energy Strategy
Canada Lacks A Successful Energy Strategy “Canada has no energy plan beyond pedal-to-the-metal export of its non-renewable energy assets.” That’s the bottom line of a recent opinion piece in Calgary Herald by David Hughes, an earth scientist and research associate with the Canadian Centre for Policy Alternatives. Canada needs a long-term energy plan to wean […]
UK Fracking Pauses, Again
UK Fracking Pauses, Again For the second time in two weeks since Cuadrilla started fracking at an exploration site in northwest England—resuming hydraulic fracturing in the UK for the first time in seven years—the company had to stop operations on Monday due to a micro seismic event measuring above the threshold requiring a halt. Cuadrilla […]
Is A Diesel Crunch Coming?
Is A Diesel Crunch Coming? The new ship fuel regulations coming into force at the start of 2020 are set to create an initial confusion on the refining market and crude oil and oil product trade flows, analysts and industry experts say. We are now just 14 months away from January 1, 2020—the start date […]
BP CEO: $80 Oil Is Unhealthy For The World
BP CEO: $80 Oil Is Unhealthy For The World Oil prices at $80 a barrel are too high and unhealthy for the world today, Bob Dudley, the chief executive of UK supermajor BP, said on the sidelines of an event on Friday. “There’s a healthy price for oil and energy and I believe that balances […]
Germany Clashes With The U.S. Over Energy Geopolitics
Germany Clashes With The U.S. Over Energy Geopolitics The United States and the European Union (EU) are at odds over more than just the Iran nuclear deal – tensions surrounding energy policy have also become a flashpoint for the two global powerhouses. In energy policy, the U.S. has been opposing the Gazprom-led and highly controversial […]
India Yet To Figure Out Way To Pay for Iranian Oil Imports
India Yet To Figure Out Way To Pay for Iranian Oil Imports India hasn’t worked out yet a payment system for continued purchases of crude oil from Iran, Subhash Chandra Garg, economic affairs secretary at India’s finance ministry, said on Friday. India’s Oil Minister Dharmendra Pradhan has conveyed the message that his country would continue […]
IEA: Expensive Energy Is Threatening Economic Growth
IEA: Expensive Energy Is Threatening Economic Growth Expensive energy is back and it is threatening global economic growth, the International Energy Agency (IEA) said in its Oil Market Report on Friday, joining other organizations like the International Monetary (IMF) and OPEC that also expressed this week concerns about mounting challenges to economic and oil demand […]
IEA Asks Majors Oil Producers To Boost Production
IEA Asks Majors Oil Producers To Boost Production Rising oil prices are hurting consumers, Fatih Birol, the Executive Director of the International Energy Agency (IEA), says, calling on major all producers to do the best they can to further boost production and ease persistent supply concerns that pushed Brent Crude to above $86 a barrel […]
The Oil Industry Needs Large New Discoveries, Very Soon
The Oil Industry Needs Large New Discoveries, Very Soon Market participants and analysts are all focused on the imminent oil supply gap that is opening with the U.S. sanctions on Iran just five weeks away. But beyond the shortest term, a larger and more alarming gap in global oil supply is looming—experts forecast that unless […]
