Features / In Review

Surprising Truth!

A common assumption today is that the Middle East has an abundance of natural gas supplies; however, the reality is quite different. Surprisingly, the Middle East, which has 40% of the world's remaining gas reserves, is struggling to find enough gas to meet its own needed demands. In view of below-market pricing and muted incentives for gas sector investment, the evolution of the region's gas industry has lagged behind that of the oil sector, despite significant gas deposits

The Future of the Offshore Oil and Gas Industry to 2020

GBI Research's report, "The Future of the Offshore Oil and Gas Industry to 2020", provides an in-depth analysis of the offshore oil and gas industry, highlighting the various concerns, shifting trends and emerging regions in the global offshore oil and gas industry. The report also provides in-depth analysis of key trends and challenges faced by the global offshore oil and gas markets.

Oil exploration costs on the rise

The cost of discovering a new barrel of oil/gas has risen three-fold over the last decade as technology has pushed the frontiers of exploration into more remote areas. As old fields run dry, oil companies expand their exploration activities in harsh regions, where political, geological, geographical, technical and contractual risks are high, and they have had remarkable success.

Southeast Asia Rig Market Challenge

By 25 active operators in Southeast Asia with 46 rigs, the contracting conditions have been challenging due to the collapse in crude oil prices while exploration and production spending have pressured both utilization and day rates in the region

Japanese dilemma of oil and gas imports

Though its economy is considered the second largest in the world, approximately $5.8 trillion in terms of GDP, after the U.S. and China, Japan is struggling to secure its energy sources as the country is heavily depending on the oil and gas imports to satisfy the local demand.

Africa swims over oil seas

Until recently, big oil companies gave little thought to south Saharan African beyond the coast of Nigeria and Angola

When energy storage is big business

Fifty oil tankers anchored off British coast refusing to unload as they lie in wait for fuel price hikes

U.S.A and China: The rapport policy

The agenda of the next meeting of global climate change, scheduled next December in Copenhagen, focuses on negotiating global agreement for reducing greenhouse gas emissions meeting will include representatives from 200 countries who will gather in this capital. Many analysts in the international community believe that the U.S and China, the world’s dominant producers of carbon emissions, should play a major role to set the agenda for global climate efforts

Gas reserves up, prices down

The riddle of natural gas prices is still puzzling the experts and analysts who failed to reach an accurate reason behind the sliding prices of natural gas, despite the beginning of seasonal hurricanes usually leading to high prices and more demand

West African Oil draws world’s attention

Over the last eight months, the price indicators of crude oil and natural gas prices showed a tremendous fluctuation, while experts and economists have been doing their best to predict and analyze this important commodity that affects people’s lives. However, positive economic news has been spurring the recent crude oil rally that brought prices back up from $50

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