Tag Archives: shale

The Week in Review – January 23 – February 1

Welcome to the Spring semester 2017 with the ENERPO team! Every week we will bring you up to date with global news in energy. This issue looks at OPEC’s efforts in curbing oversupply in the global oil market (and how those efforts work for US shale drillers); changes in the European natural gas market; Russia’s […]

Shell to Sell Canadian Shale Assets for $1 Billion USD to Cut Debt

by Sophie Nguebana Royal Dutch Shell, whose revenue is estimated at $419.4 billion USD, is Europe’s largest oil company and one of the biggest unconventional E&P companies. Indeed, Shell has invested at least $24 billion in unconventional oil and gas in North America. Yet, on October 21, the company sold some of its Canadian non-core oil […]

The Surprising Resilience of the U.S. Shale Industry and its Win Against OPEC and Other Major Oil producers

U.S. shale producers prove resilient as ever in adapting technology and methods to accommodate the less than advantageous oil prices in global markets. IMARES student Kelsey Zimmerman examines how companies have survived historic low prices.

Week in Review October 3 – 9

by Alexander Geysman, Irina Mironova, Sophie Nguebana, Glenda Pavon, Alberto Perego, Bogdan Polishchuk, Daniel Tsvetanov Secret Reserves? China increases strategic reserve during price glut Geospatial analytics startup company Orbital Insight Inc. based in Palo Alto, California, announced that China may have more oil reserves than it has declared. Information is based on satellite images of […]

Week in Review Sept 26 – October 2

by Alexander Geysman, Irina Mironova, Sophie Nguebana, Patrick Osborne, Glenda Pavon, Alberto Perego, Bogdan Polishchuk, Daniel Tsvetanov, Kelsey Zimmerman OPEC Deal: Riyadh and Tehran Reached a Pact on Reducing Crude Oil Production As producing countries gathered in Algiers for talks on September 28, Riyadh and Tehran reached a pact on reducing crude oil production. The exact […]

ENERPO Workshop: Drebentsov, BP’s Chief Economist for Russia and the CIS

by John Collins Amidst the vortex of uncertainty surrounding world hydro-carbon markets, Mr. Vladimir Drebenstov, the chief economist for BP in Russia and the CIS, arrived last Wednesday at the European University to give a presentation aptly entitled the Changing World of Oil and Gas, and included projections from the latest BP Energy Outlook. The presentation […]

The “Lottery Economics” of Shale – Why only smaller companies are successful in the Shale Revolution

By Henrik Vorloeper The revolution of shale has been a revolution from below. Not Chevron, ExxonMobil or Shell – major oil and gas companies who share the majority of the market and have overwhelmingly large financial assets, – were the leaders amongst the development of unconventional hydrocarbon extraction. Predominantly smaller and mid-sized independent companies, those […]

Week in Review – March 21 – 28

by Lina Nagell and Zachary Waller Photo by Jerry Mathes II New Exports for Russia, Low ruble entices import of Russian goods.  Deputy PM Says Russian Economy Adjusting to Low Oil Prices, Weak Ruble Will Help Stabilize It  Russian Deputy Prime Minister Arkady Dvorkovich said Wednesday that Russia’s economy is adjusting to low oil prices […]

News Blog – U.S. Shale Oil and Its Impact on Long Term Stability in the Oil Market

ENERPO student Lina Nagell offers an assessment of the future of shale in the face of a glut in oil prices. Can shale serve as a force for stabilization in world oil markets?

Energy News Blog – Challenges Facing OPEC Members in Light of Lower Oil Prices

by Lina Nagell  The Technical meeting between oil experts from OPEC members and 8 non-member oil producer states on Wednesday, 21st of October, did not reach an agreement to cut production. This comes as no surprise, taking into account that participants were in fact unable to agree on joint press releases at their two last […]