Tag: cost competitive

ELECTRIC CARS & OIL INDUSTRY

The world’s biggest oil producers are starting to take electric vehicles seriously as a long-term threat. OPEC quintupled its forecast for sales of plug-in EVs, and oil producers from Exxon Mobil Corp. to BP Plc also revised […]

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STUPIDITY IS THE MOST EXPENSIVE THING IN THE WORLD

There is no doubt that climate change is real. An overwhelming number of scientists agree that climate change is the result of human activities and urgent measure shall be undertaken before the process becomes irreversible. The Financial […]

Economic and market highlights

There are plenty senseless oil and gas forecasts published by leading financial institutions as an attempt to convince people that oil and gas companies will soon be profitable again due to improvement of crude oil […]

FINANCIAL POSITION OF THE SELECTED OIL & GAS COMPANIES: Shall we hope for a brighter tomorrow?

I noticed the growing gap between the reality and recently published reports forecasting a brighter future which will uplift crude oil prices to a healthy level. It wouldn’t be an issue if not one detail. […]

What might be the reason for Theresa May to call for early elections.

It was a surprise for everyone to learn that the U.K. Prime Minister, Theresa May decided to call for snap elections. Some analysts believe that the purpose of her decision to call for early elections […]

Oil Falls Below $50 as Surging U.S. Output Undermines OPEC Cuts

Oil dropped below $50 a barrel as investors lost faith that an extension of OPEC-led supply cuts will overcome growing U.S. production and ease a global glut. Front-month futures in New York fell 6.7 percent […]

NUMBERS DO NOT SUPPORT OPTIMISM

S&P Global published report titled “Industry Top Trend 2017” which indicates that rating trends across the energy sector continue to stabilise. The sub-sectors with the highest percentage of negative outlooks primarily are oilfield services and […]

U.S. private sector growth eases to seven-month low in April

One of the main factors which let the US to secure its position as #1 world economy is continuously pursued policy to attract the top talents. This policy was in place almost throughout the entire […]

What is behind Tillerson’s statement on upcoming “comprehensive review” to determine the U.S. strategy on Iran?

The statement made by Secretary of State regarding Trump’s administration intent to conduct “comprehensive review” on Iran, initially seemed to be surprising. I could not understand why would the U.S. government decided to do it […]

I do not know what would happen if Donald Trump’s policies are fully implemented. But I can assume what consequences might follow his already implemented or planned to be soon implemented policies.

Deloitte published 2016 Global Manufacturing Competitiveness Index highlighting that China is the most competitive manufacturing nation for now. But is expected to slip to second position as global executives provide their perspective on how the next […]