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Santos Announces New Oil Discovery Malaysia

On today’s Tony Buckingham blog I discuss the “significant” oil discovery made by Australian oil giant Santos along with its Japanese and Malaysian partners in deep water off the coast of Sabah, East Malaysia. 293 more words

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Oil News: Expect Continued Drop in Oil Prices

Today Saudi Arabia’s oil minister said OPEC does not want to take sole responsibility for propping up the oil price.   OPEC wants non-OPEC countries to do their part to prop up the price.  638 more words

Exxon CEO Says Industry Should “Settle In” for Low Prices

Speaking recently, the CEO of Exxon Mobil said that the industry should “settle in” as low prices in the oil sector aren’t going away. On the… 454 more words

Heritage Oil

Falklanders to be Offered Oil industry Scholarships in Trinidad

People in the Falklands are set to receive oil industry scholarships in Trinidad. This has caused me to ask here on the Tony Buckingham blog this week; what does this mean for the future of the Falklands’ oil sector? 450 more words

Heritage Oil

What Will New Pricing Policies Mean for Egypt’s Gas Industry?

Following reforms that have started to transform its energy market, this week on the Tony Buckingham blog I ask; what will new pricing policies mean for Egypt’s gas industry? 421 more words

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OPEC Chief Now Believes Oil Prices Will Rebound Higher Than 2008

Further to our last blog post, on today’s Tony Buckingham blog I will be discussing recent comments from OPEC secretary-general Abdallah el-Badri who now expects oil prices to rise again soon. 372 more words

Heritage Oil

Oil Prices Increase Following Death of Saudi Arabian King

Oil prices rebounded recently following the death of Saudi Arabian monarch Kind Abdullah. This week on the Tony Buckingham blog I ask what this means for the long-term prospects of the global oil industry. 342 more words

Heritage Oil