Thursday, April 29, 2010
International Biofuels news, Biofuels equipment suppliers, Biofuels conference, Biomass events, OPEC oil price inches down from 18-month record , RIL makes fourth oil discovery in Cambay Basin ,
International Biofuels news, Biofuels equipment suppliers, Biofuels conference, Biomass events, OPEC oil price inches down from 18-month record , RIL makes fourth oil discovery in Cambay Basin ,: "Gulf Oil Spill News"
Sunday, April 18, 2010
Crude price rise good news for oil equipment suppliers
The pick-up in crude oil prices is expected to help oil equipment providers in getting more orders. We expect crude prices to test $90 a barrel soon, and this will eventually bring demand for equipment suppliers.
Generally, offshore activities are more expensive than onshore activities. When crude prices fall, oil equipment makers incur losses and vice versa.
Now, with crude prices moving northward, we expect companies to perform well.
Irrespective of whether Opec (Organisation of Petroleum Exporting Countries) will decrease or increase crude production, the tension between Iran and the US may impact oil prices going forward. And this will help oil equipment stocks. Problems with oil supply from Russia may also influence oil prices. We are bullish on this counter.
Companies in this sector are likely to come up with healthy results on the back of improved orderbooks.
This is an extract form an article at http://www.mydigitalfc.com/news/crude-price-rise-good-news-oil-equipment-suppliers-641
Generally, offshore activities are more expensive than onshore activities. When crude prices fall, oil equipment makers incur losses and vice versa.
Now, with crude prices moving northward, we expect companies to perform well.
Irrespective of whether Opec (Organisation of Petroleum Exporting Countries) will decrease or increase crude production, the tension between Iran and the US may impact oil prices going forward. And this will help oil equipment stocks. Problems with oil supply from Russia may also influence oil prices. We are bullish on this counter.
Companies in this sector are likely to come up with healthy results on the back of improved orderbooks.
This is an extract form an article at http://www.mydigitalfc.com/news/crude-price-rise-good-news-oil-equipment-suppliers-641
Thursday, April 15, 2010
Tuesday, April 13, 2010
Oil Price Forecast 2010 - Crude Oil Forecast 2010 - What will the Crude Oil prices be in December 2010? - Oil & Gas Prices - Oil & Gas Forums - Worldoils
Oil Price Forecast 2010 - Crude Oil Forecast 2010 - What will the Crude Oil prices be in December 2010? - Oil & Gas Prices - Oil & Gas Forums - Worldoils: "Oil Price Forecast 2010 - Crude Oil Forecast 2010 - What will the Crude Oil prices be in December 2010?"
Sunday, April 11, 2010
Oil Price Forecast 2010 - Crude Oil Forecast 2010 - What will the Crude Oil prices be in 2010? - Oil & Gas Prices - Oil & Gas Forums - Worldoils
Thursday, April 8, 2010
Tuesday, April 6, 2010
Ship Models, Maritime Models, Rig Models
Ship Models, Maritime Models, Rig Models: "Container Ship Models"
Sunday, April 4, 2010
Oil & Gas Directory, Offshore Equipment suppliers, subsea equipment suppliers, in Caracas, Venezuela , in Belgium , Oil & Gas Consultants in Asia ,
Friday, April 2, 2010
Obama OKs offshore drilling for Atlantic, Gulf
In a move disappointing environmentalists and potentially much of his Democratic base, President Barack Obama on Wednesday said he would push forward with plans to open major chunks of the Mid-Atlantic region – including North Carolina – to offshore oil and gas drilling.
The lifting of the drilling moratorium, first floated by the Bush administration, is sure to please some Republicans concerned about the president's full-court press to develop domestic green and renewable energy sources at the expense of traditional fossil fuels like coal, oil and gas.
But some of the president's traditional allies questioned if trying to appease Republicans to help move forward other environmental initiatives – such as greenhouse-gas emission limits – was worth the potential price.
This is a part extract from http://www.starnewsonline.com/article/20100331/ARTICLES/100339915/-1/SNOTEST09?Title=Obama-OKs-offshore-drilling-for-Atlantic-Gulf&tc=ar
For Oil & Gas Jobs
The lifting of the drilling moratorium, first floated by the Bush administration, is sure to please some Republicans concerned about the president's full-court press to develop domestic green and renewable energy sources at the expense of traditional fossil fuels like coal, oil and gas.
But some of the president's traditional allies questioned if trying to appease Republicans to help move forward other environmental initiatives – such as greenhouse-gas emission limits – was worth the potential price.
This is a part extract from http://www.starnewsonline.com/article/20100331/ARTICLES/100339915/-1/SNOTEST09?Title=Obama-OKs-offshore-drilling-for-Atlantic-Gulf&tc=ar
For Oil & Gas Jobs
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