SLB’s Big Boost from Digital, Offsetting Flat Trends in Oil, E&P
SLB’s digital revenue grew 20% in 2024 as customers continue to adopt the company's digital products, artificial intelligence and cloud computing.
Pickering Prognosticates 2025 Political Winds and Shale M&A
For oil and gas, big M&A deals will probably encounter less resistance, tariffs could be a threat and the industry will likely shrug off “drill, baby, drill” entreaties.
What's Affecting Oil Prices This Week? (Jan. 13, 2025)
Stratas Advisors expect that there is some room for oil prices to move higher this week, but the price of Brent crude oil will struggle to breakthrough $82.50.
Hirs: Expansive Energy Policies Set to Shape 2025 Markets
The incoming administration’s policies on sanctions, tariffs, regulations and deportations will impact the oil and gas industry.
What's Affecting Oil Prices This Week? (Dec. 30, 2024)
Looking forward, Stratas Advisors forecasts that Brent oil will average $76.90 in 1Q25.
Russia Declares Federal Emergency Over Black Sea Oil Spill
Russia declared a federal emergency on Dec. 26 over an oil spill in the Black Sea.
What's Affecting Oil Prices This Week? (Dec. 23, 2024)
For the upcoming week, Stratas Advisors think oil prices will get a boost from the oil demand associated with the holiday season and from recent geopolitical news.
Paisie: With Oil Prices, It’s All About the Economy
One of the keys to pricing is whether global conflicts curtail the flow of oil. They have not.
What's Affecting Oil Prices This Week? (Dec. 16, 2024)
For the upcoming week, Stratas Advisors expect oil prices will move sideways with more downside risk than upside potential.
China's CNOOC Sells US Assets to Britain's INEOS
The Chinese oil and gas major said CNOOC Energy Holdings U.S.A. entered into a sales agreement with a subsidiary of INEOS relating to CNOOC's upstream oil and gas assets in the U.S. part of the Gulf of Mexico.