oil and gas sector outlook 2016
The oil and gas sector is going through one of the most transformative periods in its history, which will ultimately redefine the energy business as we know it.Brookson Economic Outlook 2016: The Economy is Continuing to Improve. elcome to Oil Gas UKs 2017 Business Outlook, the new report from the UK offshore oil and gas industry that reflects on the sectors past performanceUK offshore oil and gas output has risen by a further 5 per cent in 2016, and should continue to rise over the next two years as long as new fieldshas changed its outlook on the global integrated oil and gas sector to positive from stable as higher profits from upstream operations fuel a faster recoveryTotal S.A Statoil ASA and OMV AG delivered the highest reduction in capital expenditure in 2016 on a per barrel of oil equivalent basis, and plan to WASHINGTON (Sputnik) — The outlook for the global integrated oil and gas sector is raised to positive from stable due to an improvement inThe sectors earnings declined 12 percent in 2016 and 40 percent in 2015 as oil and natural gas prices fell. Moodys noted that cuts in oil production will According to NACE International, the total annual cost of corrosion in the oil and gas sector is estimated to be US1.372 billion.Source: BP (2016) Energy Outlook June. Oil supply and demand dynamics: additional commentary. In 2016, oil and gas companies in Saskatchewan are not expected to automatically fill positions vacated through retirements.The chart below illustrates the outlook to 2020 for Saskatchewan-based oil and gas employment by sector for both Lower and Higher scenarios. We rank all of the more than 260 industries in the 16 Zacks sectors based on the earnings outlook for the constituent companies in each industry.The oil/energy industry is further sub-divided into the following industries at the expanded level: Oil - U.S. Integrated, Oil and Gas Drilling, Oil - U.S Main page. Blog. Global Economic Outlook for Globe, Russia and Saudi Arabia (Reflection on oil gas sector) 2017.Average oil price 2016. GDP. Diesel deregulation, lower crude oil prices together are expected to lead to a substantial drop in the underrecoveries of the Indian oil sector for this fiscal year.Not surprisingly, stocks of state-owned oil marketers have outperformed the SP BSE Oil and Gas index by a big margin. Introduction and scope overview oil market outlook natural gas market outlook coal market outlook power sector outlook energy efficiency outlook energy and climateWorld Energy Outlook 2016. 9.1.2 Water demand by sector.
Confidence in the prospects of the Irish oil and gas sector has increased considerably with 74 giving a favourable response compared to 28 last year.This is a substantial increase on the 2016 survey, where only 28 of those interviewed rated the outlook as extremely favourable or fairly Elena Lazko Partner CIS Oil and Gas Leader. Title 2016 Russian Oil Gas Outlook Survey33.According to the results of our survey, 2016 may be even less favourable than 2015 in terms of investment in the Russian oil and gas sector. The 2017 outlook for Russias oil and gas sector is better than previously projected despite the continued low global price of oil, Fitch Ratings said in a press release on Tuesday. Sputnik/. Business. 16:32 15.11.
2016. 2018 outlook. Trending upTrending downNo changeDownload PDF.The likelihood of capital investment being reduced further if oil and gas prices remain low.Focused on numbers. The upstream sector will continue to see the highest number and value of deals. LONDON, Sept 16 (Reuters) - Moodys lowered its outlook for the integrated oil and gas sector to negative on Wednesday, saying the sharp drop in oil prices would weigh on revenue into 2016. Speaking with reference to the energy, oil and gas sector, Managing Director of Manaar Energy Group, Jaafar Altaie, said that 2016 would be aChina, India and Iran, as well as a solid infrastructure developed with great foresight in Dubai, will impact the economic outlook over the next 12 months. 5. The Annual Energy Outlook 2016 (AEO2016) Early Release features two cases: the Reference case and a case excluding implementation of the Clean Power Plan (CPP).90. In the transportation sector, motor gasoline use declines diesel fuel, jet. fuel, and natural gas use all grow. The restructuring market is likely to be busy in 2016 as upstream hedges expire service companies contract backlog unwinds. RS Sector Outlook Series Bringing industry challenges to the surface. 4. Oil Gas credentials. Ceona. 2016. 5 Introduction.In 2040, oil and natural gas will likely be nearly 60 percent of global supplies, while nuclear and renewables will be approaching a 25 percent share.Charting the numbers. Of all the energy-demand sectors we study when preparing The Outlook, power generation is perhaps the February 9, 2016. Companies in the UK oil and gas industry are increasingly pessimistic about their business prospects according to Oil Gas UKs Q4 2015 Business Sentiment Index published today (10 February). We rank 265 X industries in the 16 Zacks sectors based on the earnings outlook and fundamental strength of the constituent companies in eachThe Oct-Dec 2016 period turned out to be a rather good one with the OPEC deal and extreme weather conditions engineering a hefty rise in oil and gas Moodys Investors Service (Moodys) has changed its outlook on the global integrated oil and gas sector to positive from stable as higherAccording to the report, the sectors capital expenditure will likely plateau at around 130 billion to 135 billion in 2017-18 similar to the level achieved in 2016 The integrated oil and gas sector will also need to further cut capital expenditures in 2016 despite a 20 cut in 2015, as the sector will have negative free cash flow through the next year, according to Oil and Gas — Global: 2016 Outlook — All Regions and Sectors Facing Lower-for-Longer Politics, natural disasters, and tense geopolitical challenges dominated the headlines in 2017, and the oil and gas sector felt those and other disruptions particularly acutely. It has been nearly four years since the crude oil downturn Oil Refining Sector SECTION SUMMARY REFINING IN 2015: CHANGE OF TRENDS REFINING EXPANSION IN 2016-2017. Demand for Crude Oil and Products SECTION SUMMARY Exports of crude oil and products GASOLINE MARKET Balance of gasoline market DIESEL FUEL MARKET. The Obama Administration is closing out its second term with a sweeping and aggressive environmental agenda, including a host of regulations and other initiatives affecting the oil and gas sector. June 2016. U.S. and World Macroeconomic Situation Outlook. Recovering fundamentals and the sustained unconventional gas advantageThe ongoing balancing in the oil and gas sector and the concurrent decline in related investments is a leading factor behind weak economic growth figures. Much of the oil and gas industry has survived an especially tough few years with weak demand and low prices. It has been difficult to make strategic decisions and plan for the future. Only now is the sector beginning to emerge from its upheaval. So, despite energy price fluctuations, in 2016, oil and gas players across the value chain — whether independent, integrated, or national oil companies — must work to improve margins and make safety and environmental improvements. Earnings growth for the sector will likely hit 13 to percent in 2017 if oil prices remain around 40 to 60 a barrel, Moodys said in a report on Tuesday. This follows declines in earnings in the sector of 12 percent in 2016 and 40 percent in 2015. But I like to lead off this series with some projections about where I think the energy sector is headed in the year ahead. I will use these projections to finalize my annual energy predictions in early January. Today I will discuss the outlook for the oil and gas sector. Russias oil and gas companies will continue to benefit from the weak rouble while avoiding a major tax hike in 2017. We rank 265 X industries in the 16 Zacks sectors based on the earnings outlook and fundamental strength of the constituent companies in eachThe Oct-Dec 2016 period turned out to be a rather good one with the OPEC deal and extreme weather conditions engineering a hefty rise in oil and gas Re-engage: Labour Market Outlook: 2016 to 2020 for Canadas Oil and Gas Industry.Retaining a skilled and innovative workforce will play a key role in the ability of the oil and gas sectors to emerge from the current downturn said Vidallo. Oil Gas sector - 2016 Review. Crude oil plays a very pivotal role in global economics and recently it has witnessed a big turnaround towards the end of this year. During the end 2015, the oil price dropped by more than 60 to below 40 per barrel Independent Statistics Analysis www.eia.gov. U.S. short term oil and natural gas outlook.world delivered energy consumption by end-use sector quadrillion Btu. Source: EIA, International Energy Outlook 2016. The Outlook for Energy is ExxonMobils global view of energy demand and supply through 2040. We use the data and findings in the book to help guide our long-term investments.End-use sectors - World Residential and commercial Total Oil Gas Biomass/waste Electricity Other. Combined, oil and gas are expected to supply around 53 of the global energy demand by 2040 The outlook for the long-term global economic growth rate to 2040 is at 3.5 per annum, the same as the WOO 2015 The International Energy Outlook 2016 (IEO2016) presents an assessment by the U.S. Energy Information Administration (EIA) ofWhile the government is seeking to reduce Algerias dependence on oil and natural gas revenue, it has also made repeated calls for more investment in the sector.capital allocation and people, John England, vice chairman and U.S. energy and resources leader for Deloitte, said in his 2017 outlook on oil and gas.In a November 2016 job cuts report, Challenger, Gray Christmas Inc. said heavy job cutting in the energy sector has ebbed in recent months. In 2040, the US exports 360 Mtoe of oil and gas combined, equivalent to only around 9 of global trade in oil and gas in 2016, and less than half that ofThe competing trends in renewables and coal demand means the share of gas within the power sector is relatively flat over the Outlook (pp 46-47). production start-up in 2016 Deep Water Gehem Makassar Strait Gendalo Gehem, Gendalo, Gandang, Maha and Bangka fields Chevron to developing East Kalimantan deepwaterOpportunities in Pakistan Upstream Oil Gas Sector-2013.
Frost Sullivan 2012 Indonesia Oil Gas Sector Outlook. This report is accompanied by the Labour Demand Outlook 2016 to 2020 for Saskatchewans Oil and Gas Industry and Exploring LNG in Canada: Workforce Requirements for Developing and Sustaining Canadas Liquefied Natural Gas Sector. Heli Simola and Laura Solanko. Overview of Russias oil and gas sector. Figure 1. Forecasts for growth in Russias oil production2021F. MinEnergo. Sources: IEA Oil Market Report 2017, OPEC World Oil Outlook 2016, April 2017 economic forecast of the Ministry of Economic The Nigeria Stock Exchange oil and gas index is up 4.5 per cent this year and is the only sectoral index with a positive year-to-date performance on the NSE.Nigerias challenging fiscal outlook. 3 days ago Business. VMA Market Outlook Workshop. US gas demand has grown at a 2.4 CAGR since 2012, with 45 of the growth due to the power sector where gas has taken share from coal.US completion activity is on track to fall 55 to about 11,000 oil and gas wells in 2016. While oil demand growth will continue to come mainly from the transportation and petrochemicals sectors, slowing economic growth, decliningMoreover, the third IEA-IEF-OPEC Symposium on Gas and Coal Market Outlooks is planned to take place in the last quarter of 2016 in Paris, France. | Sub-Saharan Africa Power Outlook 2016. Authors: Klaus Findt De Buys Scott Dr. ChristianUncertainty about the details and the implementation of the Petroleum Industry Bill by the Government has also resulted in declined investment in the energy sector, especially the oil and gas sector. The projected earnings increase follows EBITDA declines for the global integrated oil and gas sector of 12 percent and 40 percent, respectively, in 2016 and 2015 on the back of falling oil and natural gas prices. (Reuters). JEDDAH: Moodys Investors Service (Moodys) has changed its outlook on the LNG Outlook. Copyright of Royal Dutch Shell plc.Organic: Our use of the term Organic includes SEC proved oil and gas reserves excluding changes resulting from acquisitions, divestments and year-average pricing impact.