The Gulf Intelligence
 
NEWS HIGHLIGHT:
The Gulf Intelligence ... Political Issues Update ... The Gulf Intelligence Oman Energy Forum - Oct. 21st 2013 ...
Where am I? bullet

Opinions

Expect the Unexpected: The Disruptive Power of Low-carbon Technology

Carbon Tracker
Posted:19/7/17
This report was produced in partnership between Carbon Tracker and the Grantham Institute at Imperial College London. This study analyses the potential for continued cost reductions in solar photovoltaics (PV) and electric vehicle (EV) technologies to displace demand for currently dominant fossil fuels and mitigate CO2 emissions. In doing so, the report reviews the validity of continuing to base corporate strategies on ‘business as usual’ scenarios.

Is it time to bottom-fish in energy bigs' stocks?

Khaleej Times
Posted:19/7/17
Saudi Arabia and Russia forged a historic agreement signed by 30 countries to cut oil output by 1.8 million barrels a day at the November 2016 Opec ministerial meeting in Vienna. The output deal boosted the price of Brent crude to $56 on the eve of the May 25 Opec meeting, where Saudi Arabia persuaded the world's top producers to extend the pact but did not commit to any deeper cuts. This led to speculative panic selling in the oil market and a 20 per cent decline in Brent crude to $46 six weeks after the O

Asian equities and Wall Street's macro mood swings

Khaleej Times
Posted:19/7/17
The US stock market has remained remarkably resilient since the S&P 50 index last made a new high on June 19. The correction in FANG shares, a hawkish ECB and Federal Reserve, a rise in US Treasury bond yields and real interest rates, the prospect of US tariffs on EU steel imports and the threat of retaliation from Berlin, military tensions with North Korea and the failure of the Republicans to "repeal and replace" Obamacare has not failed to kill a nine-year bull market now trading at 18 times forward earn

U.S. coal exports have increased over the past six months

Energy Information Administration
Posted:18/7/17
Coal exports for the first quarter of 2017 were 58% higher than in the same quarter last year, with steam coal exports increasing by 6 million short tons (MMst) and metallurgical coal exports increasing by 2 MMst. Most of these exports were shipped from Atlantic Coast and Gulf of Mexico ports. In EIA’s most recent Short-Term Energy Outlook (STEO), EIA expects growth in coal exports to slow in the coming months, with total 2017 exports forecast at 72 MMst, 11 MMst (19%) higher than the 2016 level. With coal

IEA sees global gas demand rising to 2022 as US drives market transformation

International Energy Agency
Posted:18/7/17
The global natural gas market is undergoing a major transformation driven by new supplies coming from the United States to meet growing demand in developing economies and industry surpasses the power sector as the largest source of gas demand growth, according to the IEA’s latest market analysis and five-year forecast on natural gas. This evolution of the role of natural gas in the global energy mix has far-reaching consequences on energy trade, air quality and carbon emissions, as well as the security of g

Daily Oil Commentary by Matt Stanley

Matt Stanley
Posted:18/7/17
Morning all. Brent closed down 0.49 last night to $48.42 and WTi closed at $46.02 down 0.52. Buying this oil market right now seems about as good an idea as it was me packing my gym gear for my trip to Singapore. I mean what was I thinking? We're stuck in a range that, I think, will be tough to break out of without some kind of political factor coming in to play. Only the most foolish of buffoons will try and predict where the oil prices will be at the end of the year, just look at every single bank so far

The Significance of the US Withdrawal from the Paris Agreement on Climate Change

The Oxford Institute for Energy Studies
Posted:17/7/17
This comment discusses the significance of the US Withdrawal from the Paris Agreement on Climate Change. Although it is too early to predict the long-term implications for climate change of the US decision to withdraw from the Paris Agreement, it is argued that the decision is unlikely to have a major negative impact on the world’s prospects for addressing climate change, at least in the short term. Government support for the Paris Agreement outside the US appears strong and there is also support within the

First phase of Saudi Aramco's energy industrial city complete in 2021

REUTERS
Posted:17/7/17
KHOBAR, Saudi Arabia (Reuters) - State oil firm Saudi Aramco said the first phase of a new Energy Industrial City in Saudi Arabia will be completed in 2021. Last week, the Saudi government said it approved Saudi Aramco's plans to set up two new companies that will develop and operate the new Energy Industrial City as the kingdom seeks to expand its industrial base. The city, which will be developed over 50-square km of land allocated for energy-related industries, will complete its first phase that covers a

OMR: Waning confidence

International Energy Agency
Posted:17/7/17
Oil investors are going through a period of waning confidence with prices recently returning to levels not seen since early November. Brent prices have closed below $50/bbl each day since early June and few investors expect a recovery anytime soon. Money managers slashed net long positions in Brent and WTI crude futures by more than 200 mb between end-May and end-June, to 312 mb. This was the lowest net long position recorded since January 2016 and June was the fourth straight month of falls in net long pos

Daily Oil Commentary by Matt Stanley

Matt Stanley
Posted:17/7/17
Afternoon all and Greetings from Singapore. Brent closed Friday up 0.49 to $48.91 and WTi closed at $46.54 up 0.46. So everyone feeling inspired this week? Thought so. Like this oil market then. Granted there are some encouraging signs that things are getting better for crude, last weeks healthy stock draws in the US and the rig count slowly but surely not increasing at the rates they were earlier on in the year, but fundamentally we are still in an oversupplied market. If things do keep going the way they

Global Trends in Oil and Energy: Implications for the GCC and Foreign Policy Responses

The Oxford Institute for Energy Studies
Posted:13/7/17
This Insight published by the Emirates Diplomatic Academy (EDA) is the outcome of a joint workshop between the Oxford Institute for Energy Studies (OIES) and EDA and draws on ideas and data presented by Dr Bassam Fattouh during the workshop

Daily Oil Commentary by Matt Stanley

Matt Stanley
Posted:13/7/17
Brent closed up 0.22 last night to $47.74 and WTi closed at $45.49 up 0.45. This market frustrates about as much as grapes with seeds in (seriously who buys grapes with seeds in?

IEA sees global gas demand rising to 2022 as US drives market transformation

International Energy Agency
Posted:13/7/17
The global natural gas market is undergoing a major transformation driven by new supplies coming from the United States to meet growing demand in developing economies andas industry surpasses the power sector as the largest source of gas demand growth, according to the IEA’s latest market analysis and five-year forecast on natural gas.

OPEC Monthly Oil Market Report - July 2017

OPEC
Posted:13/7/17
The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year.

2 Degrees of Separation – Transition Risk for Oil and Gas in a Low Carbon World

Carbon Tracker
Posted:10/7/17
This report, produced by Carbon Tracker, Principles for Responsible Investment (UN PRI) and leading institutional investors, is the first to rank 69 of the biggest oil and gas industry companies according to the extent of their exposure to the low-carbon transition.