Read the latest insights and analysis from the experts at Oil Change International.
Earlier this week, a little glimpse of hope for the oil industry concerning a respite in the oil price plunge all but vanished after it emerged that a “make or break” meeting over the weekend between key OPEC players had ended with no agreement on cutting production.
Every day the low oil price is causing more pain for the oil and gas industry and no company or region is immune from the damage being caused.
Later this month, a judge in the UK is set to jail 13 non-violent protesters who occupied one of the runways at London Heathrow in July last year.
Oil giant BP sent shock-waves through the industry this morning with what has been described as a “jaw-dropping” loss.
Last week, the British Prime Minster, David Cameron, flew to Aberdeen, the oil capital of the UK to announce £250 million emergency funding to “prop up the North Sea oil industry”; which is reeling badly from the low oil price.
There are many ways you can question the logic of the British Government’s pro-fracking push.
If a climate test were to be applied to this bill, there’s little doubt it would fail.
Living close to a shale gas well affects the price of your house, according to new research published in the American Economic Review, one of the country’s oldest and most respected economic journals.
Some of the world’s best known oil companies, including Shell, BP, Statoil and Total, face the humiliation of having a ratings downgrade, the internationally respected ratings agency, Moodys, has warned.
