Petroleum politics

Wintermar Offshore (WINS) Expects Conditions to Improve in 2021 as Recovery in OSV Industry is Delayed by COVID-19 Impact on Oil Price

Retrieved on: 
Thursday, July 23, 2020

In addition, the Company held its first Virtual Public Expose with the attendance of 41 interested public.

Key Points: 
  • In addition, the Company held its first Virtual Public Expose with the attendance of 41 interested public.
  • During AGM and Public Expose of PT Wintermar Offshore Marine Tbk, Managing Director Sugiman Layanto explained that the double impact of COVID-19 and fall in oil prices has delayed the Company's recovery this year.
  • Due to the sharp decline in travel and flights, oil demand has fallen significantly in 2020.
  • However, with the coordinated response of OPEC to reduce output and sharp cuts in US Shale oil production, the oil price could recover in 2021 and beyond.

What the Oil Price Crash Means for Bioplastics, Reveals IDTechEx

Retrieved on: 
Wednesday, July 22, 2020

Unfortunately, bioplastics can be costly to produce and can only compete on price with fossil-based plastics if oil prices are high.

Key Points: 
  • Unfortunately, bioplastics can be costly to produce and can only compete on price with fossil-based plastics if oil prices are high.
  • Around seven years ago, oil prices were steadily growing, and the future looked bright for the bioplastics industry.
  • This, alongside an escalating price war between major oil producers Russia and Saudi Arabia, led to a huge crash in global oil prices, with oil prices even briefly turning negative in certain US oil markets.
  • IDTechEx guides your strategic business decisions through its Research, Consultancy and Event products, helping you profit from emerging technologies.

What the Oil Price Crash Means for Bioplastics, Reveals IDTechEx

Retrieved on: 
Wednesday, July 22, 2020

Unfortunately, bioplastics can be costly to produce and can only compete on price with fossil-based plastics if oil prices are high.

Key Points: 
  • Unfortunately, bioplastics can be costly to produce and can only compete on price with fossil-based plastics if oil prices are high.
  • Around seven years ago, oil prices were steadily growing, and the future looked bright for the bioplastics industry.
  • This, alongside an escalating price war between major oil producers Russia and Saudi Arabia, led to a huge crash in global oil prices, with oil prices even briefly turning negative in certain US oil markets.
  • IDTechEx guides your strategic business decisions through its Research, Consultancy and Event products, helping you profit from emerging technologies.

New OPEC+ Deal and Future of Oil Business in Russia - The Oil Market After the Coronavirus (COVID-19) - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 21, 2020

The "New OPEC+ Deal and Future of Oil Business in Russia" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "New OPEC+ Deal and Future of Oil Business in Russia" report has been added to ResearchAndMarkets.com's offering.
  • Demand for oil on the global market began to collapse in March because of the coronavirus, and Saudi Arabia essentially declared a price war on Russia.
  • So a new OPEC+ deal was made which was supposed to remove almost 10 million barrels a day from the market.
  • Russian oil companies: the winners and the losers
    Is There Really No Demand for Russian Oil on the Market?

Assessment of COVID-19's Effect on Automotive Engine Oil Market 2020-2024 | Demand for Full Synthetic Engine Oil to Augment Growth | Technavio

Retrieved on: 
Thursday, July 16, 2020

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities.
  • Demand for full synthetic engine oil has been instrumental in driving the growth of the market.
  • https://www.technavio.com/report/report/automotive-engine-oil-market-ind...
    Automotive Engine Oil Market 2020-2024: Segmentation
    Automotive Engine Oil Market is segmented as below:

Global Oil and Gas Industry 2020-2023 - A Complete Analysis with the Impact of COVID-19 on Regional Markets - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 16, 2020

The "Global Oil and Gas Industry 2020 - A Complete Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Oil and Gas Industry 2020 - A Complete Analysis" report has been added to ResearchAndMarkets.com's offering.
  • The ongoing COVID-19 pandemic has hit each and every industry hard, but perhaps the one industry which has taken the biggest hit is the global oil and gas industry.
  • Porter's Five Forces Analysis of the global oil and gas industry that looks at the competitive forces affecting the industry.
  • Region-wise analysis of the global oil and gas industry that includes market overview, market value and volume analysis, industry segmentation, industry forecast, and the impact of the COVID-19 pandemic on these regions.

Oil and Gas Accumulator Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Increase in Oil Rig Count to Boost the Market Growth | Technavio

Retrieved on: 
Wednesday, July 15, 2020

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis.
  • An increase in oil rig count has been instrumental in driving the growth of the market.
  • Oil and Gas Accumulator Market 2020-2024: Segmentation
    Oil and Gas Accumulator Market is segmented as below:

COVID-19: Significant Shift in Strategy of Maize Oil Market 2020-2024 | Applications of Maize Oil in Cosmetics Products to Augment Growth | Technavio

Retrieved on: 
Monday, July 13, 2020

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities.
  • Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis.
  • The applications of maize oil in cosmetics products has been instrumental in driving the growth of the market.

COVID-19: Significant Shift in Strategy of Unconventional Gas Market 2020-2024 | Abundance of Unconventional Gas Resources to Augment Growth | Technavio

Retrieved on: 
Monday, July 13, 2020

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • Technavios in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis.
  • The abundance of unconventional gas resources will offer immense growth opportunities.
  • Abundance of unconventional gas resources has been instrumental in driving the growth of the market.

Onshore Oil and Gas Pipeline Market Analysis Highlights the Impact of COVID-19 2020-2024 | Rising Global Energy Demand to Boost the Market Growth | Technavio

Retrieved on: 
Friday, July 10, 2020

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • Rising global energy demand and economic advantages of pipeline transportation are the major factors driving the market.
  • Rising global energy demand has been instrumental in driving the growth of the market.
  • Onshore Oil and Gas Pipeline Market 2020-2024: Segmentation
    Onshore Oil and Gas Pipeline Market is segmented as below: