OPINION/EDITORIAL

Great, South Africa Found Gas. Now What?

March 15, 2019/AEC Opinion by Zwelakhe Gila, Head of Commodities, African Energy Chamber (www.EnergyChamber.org) Coming at a time when South Africa’s policy makers are struggling to diversify the country’s energy mix, Total Exploration and Production Southern Africa recently announced a major offshore gas discovery. The Brulpadda well off the shore […]

The IEA’s Search For A New Narrative Of Doom

March 15, 2019/OilPrice.com The International Energy Agency (IEA) released its Oil 2019 report March 11, providing forecasts to 2024. The IEA paints an extraordinary picture of transition for the oil industry, but it is not the ‘energy transition’ driven by climate change; the impacts on the oil market of policies […]

Oil Prices Surge To Multi-Month Highs

March 15, 2019/OilPrice.com Oil prices climbed to multi-month highs this week as slowing U.S. production combined with outages in Venezuela to drive bullish sentiment in oil markets. Friday, March 15, 2019 Oil prices have surged to their highest level in months, with WTI rising above $58 per barrel and Brent […]