Trends
No turning back the bears
25 November 2008
Oil market gaze turns to China (1)
25 November 2008
Rising oil demand from China was one force behind the bull-run in energy markets of the last few years. Can the market rely on the country's economy to rescue prices? Derek Brower reports
Saudi Arabia rethinks expansion plans (1)
25 November 2008
Regional producers, most notably Saudi Arabia, may delay large oil and gas developments as commodity prices fall, reports James Gavin
Producers struggle through downturn
25 November 2008
Making biofuels is no longer the attractive proposition its was when oil was trading at over $100/b, but demand driven by transport-fuels quotas should see the industry through the economic slump, writes Ian Lewis
No other alternative
25 November 2008
Oil-price fall continues. How low can it go?
18 November 2008
Crude oil prices are close to $50 a barrel and there seems to be little preventing them from falling below that level. On the contrary, the market is stuck in a seemingly relentless cycle of downgrades to GDP and oil-demand forecasts.
Testing times for Alberta's oil sands
18 November 2008
With project costs rising and credit hard to secure, forecasts for oil-sands production are being scaled back, writes WJ Simpson
Confusion reigns over energy policy
18 November 2008
October's federal election barely changed the balance of power, but the Conservative party's energy plans face growing opposition, writes WJ Simpson
Nothing can stop the bears
11 November 2008
OIL PRICES slumped by over 5% on Tuesday, as concerns about the severity of global recession intensified. With the world's main stock indices falling steeply, Brent futures for December delivery were $3.01 a barrel lower at $56.07/b. WTI futures for December delivery were down by $2.25/b at $60.16/b – having earlier briefly moved below $60/b.
Recruitment: Plugging the capability gap
11 November 2008
OIL COMPANIES must make technology and technical competence core parts of their business, avoiding "the mistakes of 20 years ago" when the trend was to outsource these areas to contractors, says Andy Inglis, BP's head of exploration and production.
Engineering a world of difference
11 November 2008
The region's oil- and gas-based economies require highly skilled, highly educated engineers. But a lack of sufficient local engineering programmes means the required engineers are trained elsewhere. Texas A&M University at Qatar seeks to change that. By Mark Weichold, dean and chief executive, Texas A&M University at Qatar
A new source of comfort
1 November 2008
The oil price is still above $60/b. But not by much. And, with the global economy still in turmoil, the chances of further losses seem greater than the prospect of a sustained rally, say analysts.
Confusion reigns over energy policy DUPLICATE 2745799
1 November 2008
October's federal election barely changed the balance of power, but the Conservative party's energy plans face growing opposition, writes WJ Simpson
Testing times for Alberta's oil sands DUPLICATE 2745800
1 November 2008
With project costs rising and credit hard to secure, forecasts for oil-sands production are being scaled back, writes WJ Simpson
The Bulls' new clothes
1 October 2008
WITH crude oil futures continuing to weaken, the question now is at what point the sell-off will stop. The Brent November contract was down by $0.74/b at $76.72/b on Tuesday afternoon; November WTI futures were $0.82/b lower at $80.37. And, although it is just three months since WTI futures were changing hands at over $147/b, some analysts are even talking of $50/b as a realistic downside target.
The new prize
1 October 2008
CCS can deliver a significant portion of the emissions cuts needed over the next half-century.
Prices firmer as Opec considers cut
1 October 2008
THE PROSPECT of an Opec production cut helped firm oil prices, with December-delivery Brent trading just shy of $71.50/b on Tuesday morning in London. Better economic news from the US has also restored some confidence to the market
Smart metering: a piece in the climate puzzle
1 October 2008
In the world of electricity, few consumers understand what they are consuming, or where it is being consumed. Smart-metering technology provides a better way for people to understand and control their power consumption. By Doug Houseman, Cap Gemini
Oil price finds temporary floor as equities rebound
1 October 2008
The price of crude appeared to have found a floor, albeit perhaps a temporary one, as equity markets in Asia and Europe turned around after days of crippling losses that have dragged commodity prices down with them.
Back in the oil-price cycle
1 October 2008
OIL SOARED and the billions flowed to the producers. The sheikhs in the Middle East began building new skyscrapers and Russian oligarchs bought new boats. Meanwhile, high energy prices helped tip the world into recession. For consumers, it has been painful, so their Schadenfreude as oil prices sink and exporters start to panic is understandable.
Opec cuts and the market shrugs
1 October 2008
The global economic downturn is eroding oil demand. Opec's cut last month – 1.5m b/d – might slow the fall in oil prices, but the outlook is bleak for producers
Markets in turmoil
1 October 2008
US light, sweet crude oil futures were back above $90 a barrel on Tuesday, but, with the world's financial system still in turmoil, where prices go next is anyone's guess.