US Oil and Gas Sector Hit Hard By Virus, Price War By Paolo von Schirach – WASHINGTON – Sadly, coronavirus is here in America. All the restrictions announced and feared...
Syria Is Not A Strategic Priority For Washington Let Russia be in control of an impoverished and completely ruined country WASHINGTON – It is clear that Russia, as the key ally of president Assad of Syria, has taken a...
OPEC Defeated By US Shale Oil? Major Arab Producers and Russia cannot dictate oil prices WASHINGTON – It seems that American shale oil producers, an assorted group of small and medium-sized firms which gained...
Facing Low Oil Prices Exxon Is Looking For New Strategies The current oil glut makes many conventional oil project uneconomical WASHINGTON – Major oil companies are in deep trouble. Too much global supply means lower crude prices. If this...
Oil Prices Will Go Down But U.S. Shale Will Survive Showing remarkable resilience and flexibility the American shale oil industry managed to stay profitable in adverse market conditions WASHINGTON – After the oil production cuts recently announced first by OPEC and then non OPEC oil producers, oil...
Round One: US Shale Wins, OPEC Loses The US shale oil industry managed to become more productive and more efficient WASHINGTON – Here is the news. The US shale oil industry, while badly wounded by the price war waged...