For oil markets the 2020 story is not as much about supply as it is about demand, or rather its lack. But is also about the high level of uncertainty, which makes forecasting a daunting task. Hence, rather than trying to give a forecast, we want to highlight what to look for as this pandemic progresses, recedes, or oscillates. Continue Reading
A social safety net in the form of unemployment benefits, job training, etc. can help cushion the blow for workers when economic events beyond their control (like the COVID-19 pandemic) cause companies to shed workers. Continue Reading
A new proposal to clarify and expand U.S. sanctions on the Nord Stream 2 pipeline has been just introduced in the U.S. Senate. But the proposal is only one from a series of difficulties the NS2 pipeline has been currently facing. We look at the options Russia has for NS2 completion. Continue Reading
The oil glut and the unprecedented drop in demand, along with plummeting oil prices due to the coronavirus pandemic, is revealing the strengths and weaknesses of oil firms globally. We look at four NOCs, Ecopetrol, Petrobras, Petronas and Pemex, and consider the current crisis. Continue Reading
Exiting Covid-19 shutdowns and one of the sharpest drops in oil and gas industry operations in history will require fortitude across the related oilfield services (OFS) businesses. In this conversation with Bernard Duroc-Danner, we explore the shifts in strategic visions for the OFS businesses and thoughts about how the OFS segment must restructure itself. Continue Reading
Iron and steel production are necessary for modern infrastructure, and the sector is both energy intensive and difficult to decarbonize. New processes are evolving that could change this, and potentially provide both environmental and economic benefits across nations. Continue Reading
Oil prices have recovered a bit and we’re beginning to see signs of a realignment in demand and supply. Oil producers and industry analysts are cautiously beginning to ask whether we’ve turned a corner? Maybe…but maybe not. Continue Reading