OPEC more optimistic about demand for own crude this year
February 12, 2015 - New forecasts from OPEC and the International Energy Agency suggest that lower oil prices will have a significant impact on non-OPEC oil supply later this year.
February 05, 2015 - When OPEC chief Abdalla el-Badri said last month that the world should produce its low-cost oil before moving to develop higher-cost resources, he pointed to Libya as an example of a country with vast unconventional oil and gas potential.
European Petrochemicals Outlook 2015
January 16, 2015 - Platts editors provide in-depth analysis of market expectations for the European petrochemical industry in 2015, including a detailed assessment of events that shaped the markets last year.
US shale economics challenged as crude, natural gas prices collapse
January 13, 2015 - The plunge in crude oil prices over the past six months has led to a predictable deterioration in well economics across key US oil and gas basins, with virtually all major plays now earning average internal rates of return of less than 20% - a scenario that contrasts sharply with July 2014, when many were generating IRRs well in excess of 50%.
Many Latin American countries struggle to weather crude price declines
January 08, 2015 - The new year finds some Latin American oil producing nations strapped for cash at a time when a cache of important new finds require significant capital outlays for development. At the same time, a silver lining is emerging.