Why Oil Prices Will Remain Low Longer
Quotes from Karr Ingham speech at the Houston Petroleum Club luncheon on Tuesday. Karr Ingham is a professional economist who lives and works in Amarillo, Texas. He is the owner …
Global Market Meltdown – 2016
At the World Economic Forum in Davos, Switzerland, business leaders have been expressing their thoughts as Brent slides below $30 a barrel. Oil’s slump to a 12-year low is ripping …
Schlumberger Lays Off 10,000 – Oil and Gas News
Schlumberger, world’s largest oilfield services provider slashed 10.000 jobs in the fourth quarter of 2015. The company said that the reason was an expected extended activity weakness in the first …
Paradox of A Political Conflict
As far as I could remember, any conflict or impending conflict in the Middle East escalates oil prices almost immediately. At present, it is totally the opposite, oil prices even …
Survival of the Fittest
Oil and Gas prices continues to tumble. Some predictions say that it may go as low as $20. So how low will oil go? Paul Stevens, professor emeritus at the …
Shell plans 2,800 job cuts as U.S. oil around $35
The oil giant says in a release Monday that the job cuts, amounting to 3% of its workforce, come as the company finalizes its takeover of British-based BG Group. Source: …