Blood & Oil The New Emerging Petro-Landscape


Collectively the major oil producing countries that are highly dependent on oil export revenue are experiencing an unprecedented level of tumultuous upheaval. A seismic shift is taking place in world oil production with the addition of US shale-oil production and recent exports during a period of flat demand not to mention a strong US dollar – so much oil and nowhere to go. And because of the strong US dollar, even countries that are not under economic strain have shrewdly decided to limit their purchases of oil.
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Oil & Gas Executives, Talent and $30 Problems


$30 oil requires solid leadership and crazy efforts at managing talent.

The Oil & Gas industry has cycles; it’s a well-known challenge. Less obvious is that not everyone is experienced in this event. The industry is in the middle of a significant demographic shift, and it’s likely that many have not experienced such a significant change in favor over such a short period of time.
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Bankruptcy in the US Oil and Gas Industry


The ongoing oil and gas industry crisis is bringing companies to their knees as a result of stubbornly low prices. As recovery is elusive and unpredictable, strategies to aid distressed companies and prevent bankruptcy have to be realistic, proactive, and address the obvious capital structure problems while preserving the underlying business.
 
One persistent problem in the oil and gas world right now is the pricing crystal ball is partly cloudy and partly sunny – that is to say there is a high degree of uncertainty around which direction prices are headed and when. Options for dealing with financial crisis are made much more complicated when opinions on the future direction of oil prices are as diverse and plentiful as subaquatic plant life.
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Déjà vu Oil Over Again


Why this downturn will be just like, and nothing at all like, the last one.

In the mid-1980s, the price of crude oil dropped by more than half in a matter of months. By 1986, oil was trading around $10 a barrel, down from a high of $35 a barrel a few years earlier. There were a number of reasons for the collapse in prices.
 
Slowing economies in the United States, Europe and Japan led to a decrease in demand. But production continued at the same, uninterrupted pace. Oil from non-OPEC countries flooded the market. The OPEC countries failed to curtail production. Indeed, Saudi Arabia actually increased production, partly in response to instability in the Middle East. The United States set out to end its dependence on oil imports. Inventories accumulated. Prices plunged.
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