News & Analysis as of

Supply and Demand Oil Prices Coronavirus/COVID-19

Opportune LLP

Top 3 Energy Trends To Watch In 2021

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Looking ahead, here are a few themes I think will play a role in 2021, which are a continuation or evolution of where we’ve been in 2020....more

Opportune LLP

2020 Year In Review: 10 Trends That Reshaped The Oil & Gas Industry

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2020 was a tumultuous year for the oil and gas industry, but there’s still reason for optimism. Originally published in The Weekly E&P Update Newsletter, December 22, 2020. ...more

Epiq

The Pandemic Strikes Again: Energy Sector Bankruptcies Rise

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While the airline industry has benefited from a special federal stimulus loan package tied to the impact of COVID-19, the energy industry has not been as fortunate to date. Many energy companies were distressed before the...more

Robins Kaplan LLP

Financial Daily Dose 8.24.2020 | Top Story: TikTok Confirms Plans to Sue U.S. over Recent Executive Orders Targeting App

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More on TikTok’s plans to sue the U.S. over the White House’s recent executive orders seeking to block the app on American soil and force its owner, ByteDance, to sell its American assets. The company intends to argue that...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 31, August 2020

Exxon Mobil: Doubling Down While Facing Peak Oil Demand - "With most competitors pivoting away from upstream growth, Exxon continues to press ahead with investments despite very challenging current price environment for...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 27, July 2020

Big Oil repeatedly remanded to state courts - will SCOTUS come to the rescue? "Oil companies facing suits by state and local governments that want them to bear a share of the cost of responding to the consequences of...more

Opportune LLP

Why US Base Oil & Gas Production Declines Are Higher Than You Might Think

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The recent dramatic decline in oil prices was precipitated by an unprecedented drop in demand due to the COVID-19 pandemic played out against a backdrop of an already slightly oversupplied oil market. Oil prices have...more

Holland & Knight LLP

ANH de Colombia emite Acuerdo 4 de 2020 para adoptar medidas por caída de precios del petróleo

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El pasado 8 de junio de 2020 la Agencia Nacional de Hidrocarburos (ANH) expidió el Acuerdo 4 de 2020, por el cual se adopta la medida de diferimiento del pago del Derecho Económico por concepto de Participación en la...more

A&O Shearman

Key Considerations for Midstream Contracts in a Low-Price and Low-Demand Environment

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Last month, West Texas Intermediate crude dropped below $0.00 for the first time in history after weeks of low global oil demand as a result of the novel Coronavirus (COVID-19) pandemic and the Saudi Arabia-Russia price war....more

White & Case LLP

Oil & gas M&A stumbles in the face of COVID-19 crisis

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Oil & gas dealmaking has plummeted following a period of prolonged low oil prices and a steep fall in demand due to COVID-19. However, large players with strong balance sheets could still see opportunities to invest....more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2020

Industry Expert Insights - We reached out to one of our Lex Mundi partners and a well-known expert in the United Arab Emirates in the energy and legal industries to get his thoughts on the current energy climate. ...more

Opportune LLP

COVID-19: The Next Episode For Oil & Gas

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Find how the coronavirus (covid-19) pandemic will likely spell out a new era for the oil and gas industry.   ...more

Opportune LLP

Supply-Demand Balance Needed To Restore Oil Market

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In the wake of an unprecedented sell-off in the crude oil market, the only response to balancing global markets is to reduce supply.   How many times can you say "unprecedented?" The COVID-19 pandemic has resulted in a...more

Robins Kaplan LLP

Financial Daily Dose 4.21.2020 | Top Story: Oil Prices Dip to Negative as Global Demand Dries Up During Pandemic

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Monday saw U.S. oil prices take an unprecedented plunge into negative territory, as “concerns grew that storage tanks in the United States were near capacity and unable to hold all the unused code” (with the “bizarre movement...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - April 2020 #2

China Resumes LNG Imports from the U.S. - "Chinese buyers have resumed imports of liquefied natural gas from U.S. exporters, as Beijing started granting waivers to a 25% import tariff." Why this is important: In the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - March 2020 #3

Coronavirus Throws EU Climate Plans into Disarray - "Czech Prime Minister Andrej Babiš said last week that the EU should 'forget about' the Green Deal for now while it focuses on Coronavirus." Why this is important: ...more

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