Lukoil Focuses Exclusively on Production

Lukoil will spin off or sell its European downstream operations to focus on production, both in Russia and abroad. Continue reading “Lukoil Focuses Exclusively on Production”


$1 Trillion Wiped Out from 2015-2020 E&P Budgets

Wood Mackenzie has released the latest cheerful report about the oil and gas industry, saying itĀ has and will cut a total $1 trillion from its E&P budgets between 2015 and 2020. Continue reading “$1 Trillion Wiped Out from 2015-2020 E&P Budgets”

Iran Quick to Reclaim Market Spot

Iran is not wasting any time to reclaim its global oil market share: Continue reading “Iran Quick to Reclaim Market Spot”

Total Is One Smart Puppy

French oil giant Total is a very smart company — something rare in the industry. Continue reading “Total Is One Smart Puppy”

IEA Firmly Optimistic about Oil

The International Energy Agency has injected a solid dose of optimism into oil markets with its latest Oil Market Report. Continue reading “IEA Firmly Optimistic about Oil”

Just when you think it’s done for coal’s back

GlencoreĀ just issued yesterday a Sustainable Development Presentation, in which it’s sort of warned demand for coal will continue to grow. Continue reading “Just when you think it’s done for coal’s back”

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