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Gas Wizards News Posts

Alaska Sees Record Breaking Year For Oil And Gas Leases

Nov 24, 2018 by Administrator

Alaska Sees Record Breaking Year For Oil And...

Gas to overtake coal as world's second largest energy source by 2030, says IEA

Nov 22, 2018 by Administrator

Gas to overtake coal as world's...

Iran’s Ghost Tankers Are Slipping Through The Cracks

Nov 13, 2018 by Administrator

Iran’s Ghost Tankers Are Slipping...

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News

Shell Starts Deepwater Gulf Of Mexico Oil Project Ahead Of Schedule

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Posted on Jun 2, 2018 by Administrator

Shell Starts Deepwater Gulf Of Mexico Oil Project Ahead Of Schedule By Tsvetana Paraskova - May 31, 2018, 6:00 PM CDT   Shell said on Thursday that it had started early production at a deepwater subsea development in the U.S. Gulf of Mexico a year ahead of schedule and at a forward-looking, break-even price of less than $30 per barrel of oil. Shell began early production at the Kaikias development that has an estimated peak production of 40,000...

OPEC Sends Oil Prices Crashing

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Posted on Jun 1, 2018 by Administrator

OPEC Sends Oil Prices Crashing By Tom Kool - May 25, 2018, 2:00 PM CDT   Oil prices fell drastically on Friday on the back of news that Russia and Saudi Arabia are considering an increase in their oil production, bringing an end to the production cut deal in its current form. Friday, May 25, 2018 Oil prices plunged in early trading on Friday on news that OPEC and its...

U.S. oil benchmark drops on surprise jump in domestic crude supplies

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Posted on May 27, 2018 by Administrator

U.S. oil benchmark drops on surprise jump in domestic crude supplies   Published: May 23, 2018 3:24 p.m. ET   Cartel could move in June to make up for Iran, Venezuela shortfalls AFP/Getty Images   By Myra P. Saefong Markets/commodities reporter   William Watts Deputy markets editor   U.S. benchmark...

Could Oil Hit $100?

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Posted on May 23, 2018 by Administrator

Could Oil Hit $100? By Tom Kool - May 11, 2018, 2:00 PM CDT   Oil prices have continued their climb following a week of bullish news, and with geopolitical tensions reaching a boiling point, prices are poised to head even higher.  (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) Friday, May 11, 2018...

Putin: Russia Looks To Get Free Of U.S. Dollar ‘Burden’ In Oil Trade

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Posted on May 12, 2018 by Administrator

Putin: Russia Looks To Get Free Of U.S. Dollar ‘Burden’ In Oil Trade By Tsvetana Paraskova - May 09, 2018, 6:00 PM CDT   Russia is mulling over ways to ‘ get free ’ of the U.S. dollar burden in oil trade as part of a plan to boost its national economic sovereignty, Russian President Vladimir Putin said. “Oil is traded in dollars on the exchange,” TASS news agency quoted Putin as saying. “Certainly, we are...
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