Remove Environment Remove Gas Remove Oil Prices
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Commentary: Could falling oil prices spark a financial crisis?

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The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. When oil prices were high and production was relentlessly climbing, energy related junk bonds looked highly profitable. The situation will compound itself if oil prices stay low.

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Douglas-Westwood: decline in oil prices may impact development of subsea processing

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In the Douglas-Westwood Monday note , Andy Jenkins from the energy research group’s London office observes that the decline in oil prices may impact deepwater production and in particular a key future enabler: subsea processing (SSP). Cost reduction will be required for the further implementation of SSP solutions.

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Opinion: Why oil prices must go up

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It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. Total global investment in oil and gas exploration grew rapidly over the last 15 years.

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Market report concludes Arctic oil and gas exploration and production market to be worth about $12B this year

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In a newly released report, market analyst Visiongain has calculated the Arctic oil and gas exploration and production market to be worth $11.93 Although oil and gas have been produced in the Arctic region for years, many of the vast oil and gas fields that initiated interest in the Arctic are in decline.

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IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely

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Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

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IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

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The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Globally, fossil fuels continue to meet a dominant share of global energy demand, with implications for the links between energy, the environment and climate change.

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Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

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At the company’s Capital Markets Day 2017 in Johannesburg, South Africa, Sasol management said that the company will no longer pursue its proposed ) project in the US ( earlier post ) and furthermore will not invest in additional greenfields gas-to-liquids (GTL) projects.