by The Editor | Aug 6, 2017 | Environment
The boom in US shale production has been helping to keep North Sea prices down but as I’ve pointed out more than once before, shale’s future is built on fast disappearing sand. See: The Scottish Third Wave of Oil Productivity is built on solid foundations but those of...
by The Editor | Aug 5, 2017 | Politics
(c) carbonbrief.org (Shell payments to the UK) According to Goldman Sachs, in Oil and Gas People: ‘Oil majors are raking in more cash now than they did in the heyday of $100 oil, according to Goldman Sachs Group Inc. Integrated giants like BP Plc and Royal Dutch...
by The Editor | Aug 1, 2017 | Politics
The signs of oil shortages have been appearing for months now. The OPEC cut-backs, increased demand from Asia, the shrinking US reserves and now increased refinery consumption especially in the US. US refineries currently process a massive 17.3 million barrels a day....
by The Editor | Jul 6, 2017 | Politics, Uncategorized
I won’t attempt to put this from EnergyVoice into my own words. I couldn’t: ‘London’s blue-chip index bounced back on Monday as investors piled into commodity stocks in response to the rising oil price. The FTSE 100 Index climbed 64.37 points to to 7,377.09, driven by...
by The Editor | Jun 24, 2017 | Politics
We’ve already seen three recent reports including one from the Aberdeen and Grampian Chamber of Commerce confirming a clear turnaround of the employment prospects in the North Sea: Scottish Oil’s Confident Future: Three Reports We’ve also seen a report from Aberdeen...