The downturn is forcing change—for the better.
Thanks in part to low energy prices, an ongoing expansion could be one of the longest on record, Morgan Stanley’s chief U.S. economist says.
Mexico’s commitment to realizing its energy potential through privatization and its National Infrastructure Program means major expansion, and investment, is ahead for the country’s midstream infrastructure.
The abundance of shale gas has driven down gas prices for consumers and led to manufacturing expansions, to the tune of billions in benefits to the U.S. economy.
It is becoming clear that 2015 will be a “lost year” for crude oil, natural gas and NGL prices, but the hope is that it will be a minor blip.
After stabilizing in recent weeks, oil prices are back on the decline amid concerns that the world is producing more crude than it can store.
A consultant can evaluate a company’s assets to choose the best path forward without requiring a large investment during a downturn, a Sapient Global Markets director told Hart Energy.
Duff & Phelps experts explore potential, perils of 2015 for sector.
The weak commodities environment won’t be the death knell of shale’s success story, but North American energy industry has hit the reset button.
The agenda aims for safe and responsible energy development and good government while encouraging innovation. Regulations concerning hydraulic fracturing, BOPs and methane emissions are forthcoming.
Industry veteran warns that the downturn could be a three-to-four-year issue—and much tougher than anticipated. "Make sure you have liquidity to 2018," he says.
West Texas Intermediate crude prices took another downturn the week of March 11 as storage at the Cushing, Okla., hub is quickly filling up.