Whether you’re a potential investor or someone who’s making a living in the oil and gas industry, the number of new technological advances in this industry is accelerating. Here are a few of the changes that are coming down the pike.
New Technologies in the Oil and Gas Industry Read More »
Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy, the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best.
Oil Majors That Bet Big On Renewables Read More »
To say that the past year has been an extraordinary period for the global oil market would be an understatement. Entering into 2020, the commodity was still feeling the impact of the late 2019 drone attack on a Saudi Aramco oil processing facility. In early 2020, oil prices were highly volatile in the aftermath of the killing of Iran’s Qasem Soleimani.
Oil Demand Impacts Foreign Exchange Rates Read More »
It’s no surprise to any that have lived through the recent COVID-19 pandemic that the economy has suffered greatly. Individuals who relied on their weekly paycheck found themselves out of work for months and waiting on unemployment checks. Businesses have found themselves unable to employ workers and produce the number of products and services they’re used to. Recently, there have been a number of statistics released about how this pandemic is affecting the economy. Overall, there have been many disruptions, increases in bankruptcy filings, from May to June, and also from 2019 to 2020. Meanwhile, non-business filings fell, surprisingly. Here is a brief overview.
2020 Pandemic Bankruptcy Statistics Read More »
Saudi Arabia’s Energy Minister Prince Abdulaziz recently claimed that the Kingdom will be the world’s biggest hydrocarbon producer “even” in 2050. But is this just a boast? Or can they live up to it?
Saudi Arabia Eyes Total Dominance In Oil And Gas Read More »
Innovation in the technology market gives rise to important investment opportunities. It only makes sense that new, useful technology improves lives, and people want to ride the wave of profits that come from the demand for such tech innovations. However, with technology always changing, it can be difficult to know which technologies provide investors with an opportunity to reap huge returns on their investments. The following are four investment opportunities creating considerable waves in the technology sector.
4 Investments Making Waves in the Technology Sector Read More »
AÂ mutual fund pools money from many individuals and/or corporations to purchase investments. Mutual funds have many advantages over buying individual securities. The major advantages of mutual funds are diversification, liquidity, and professional management.Â
Bullish sentiment appears to have returned to the stock markets with a vengeance. In a historic rally that has taken even die-hard bulls by surprise, the S&P 500 has managed to claw back all of its 2020 losses, taking just 53 sessions for the index to fully restore the nearly $10T in value it shed in an epic bear market. The oil markets have been nearly as impressive.
Bulls Beware: A Dark Cloud Is Forming Over Oil Markets Read More »
Within a month, the U.S. oil benchmark West Texas Intermediate recorded two first-of-a-kind events. First, it fell below zero on April 20. Then, it soared up so quickly it is about to book its best month ever. Still, many analysts and other observers remain wary of any premature optimism. Bankruptcies in the U.S. shale patch are rising. Seventeen companies have already filed for Chapter 11 protection since the start of the year, the FT reported. Still, many more bankruptcies are on the way, with Rystad Energy estimating that as many as 73 shale drillers could be forced into bankruptcy by the end of the year.
Oil Goes from Zero to $35 in a Month, But is it Enough? Read More »
They say 5G will soon change the way people do business. With its fast speeds, low latency, and huge data capacity, 5G promises an expanded mobile ecosystem. 5G will impact every industry, making safer transportation, remote healthcare, precision agriculture, digitized logistics — and more. Aside from the efficiency it promises, 5G allows industries to explore possibilities. With it, the world can discover, develop, or improve technologies, such as augmented reality and virtual reality. With 5G set to arrive this year, unparalleled levels of disruptions may be expected. This means organizations may have to prepare for a lot of things. After all, this new generation of network connectivity is set to reinvent the world, particularly the finance industry.
Top 5 Reasons Why 5G Will Change the Finance Industry Read More »
