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Oil & Gas Groups
WSJ reporter Al Omran's interview with Saudi Aramco chairman Khalid al-Falih in Jan. 2016
01/12/2016
Grouped Articles
Transcript: Q&A With Saudi Aramco Chairman Khalid al-Falih
Wall Street Journal 01/12/2016
Saudis Moving to Reduce Dependence on Oil Money
New York Times 04/01/2016
The Saudi Shake-Up Has One Goal: Drag the Country Into Modern Era
WSJ 06/22/2017
Saudi Arabia Weighs Giving Up on International IPO for Aramco
WSJ 10/13/2017
Saudi Arabia's Aramco strategies
01/08/2016
Grouped Articles
Could Saudi Aramco Be Worth 20 Times Exxon?
Wall Street Journal 01/09/2016
Saudi Aramco I.P.O. Prospect Reflects Kingdom Looking Beyond Oil
New York Times 01/08/2016
Saudi Arabia Mulls Selling Shares in Aramco
Wall Street Journal 01/10/2016
Saudi Arabia Could List Production Assets in Aramco IPO
Wall Street Journal 01/12/2016
Transcript: Q&A With Saudi Aramco Chairman Khalid al-Falih
Wall Street Journal 01/12/2016
Saudis Moving to Reduce Dependence on Oil Money
New York Times 04/01/2016
How the Saudis are coping with lower oil prices and revenues- cutting gasoline subsidies and other spending to reduce budget deficits in 2016
12/28/2015
Gasoline prices for some grades of gasoline sold in Saudi gas stations will increase by 50% as the Saudi Finance Ministry copes with dropping oil revenues. The 2016 budget shows adeficit of $87 billion compared to $98 billion in 2015. At this rate Saudi Arabia would exhaust its foreign exchange reserves of $640 billion by 2020. Saudi Arabia has a rapidly growing population which will increase budget pressures and local oil demand. Its defense spending to counter Iran and Russia in the Syria-Iraq conflict and in Yemen also affect spending. Lower oil prices are partly a result of the geopolitical conflict in the region and rivalry betweeen Iran backed by Russia and Sunnis led by the Saudi and Emirates, as well as technology in shale oil production. This comes at a good time for China as it slows, India as it increases its growth rate, and the U.S. and Eurozone as their economies recover from a deep recession, Japan as it improves its economy from low or no growth. For Russia it is seen as away to shift away from imports to domestic industry. For the Saudis an opportuntiy to cut subsidies and improve the productivity of spending.
Grouped Articles
Saudi Arabia, Squeezed by Low Oil Prices, Cuts Spending to Shrink Deficit
New York Times 12/28/2015
Oil Prices at $30 Bend Nations, But Which Ones Could Break?
Wall Street Journal 01/13/2016
Saudi Arabia Keeps Pumping Oil, Despite Financial and Political Risks
New York Times 01/27/2016
Oil-Price Poker: Why the Saudis Won’t Fold ‘Em
Wall Street Journal 02/01/2016
Young Saudis See Cushy Jobs Vanish Along With Nation’s Oil Wealth
New York Times 02/16/2016
Weak Oil Prices Curbing Production
Wall Street Journal 04/13/2016
Continuing decline in oil prices at the end of 2015, with likely continued decline in 2016
12/07/2015
Grouped Articles
As Oil Keeps Falling, Nobody Is Blinking
Wall Street Journal 12/07/2015
Energy Sector Rout Intensifies on Mild Weather, OPEC
Wall Street Journal 12/08/2015
Oil Prices Plunge 5% After OPEC Stands Pat
New York Times 12/07/2015
The Oil-Price Rout: Blink and You Won’t Miss It
Wall Street Journal 12/12/2015
The Global Battle for Oil Market Share
Wall Street Journal 12/16/2015
Oil Plunge Sparks Bankruptcy Concerns
Wall Street Journal 01/12/2016
The global economy in 2015-2016- slowing growth in China, Brazil, Russia and Turkey, as growth picks up in the U.S. and India, and Europe emerges from the eurozone debt crisis
11/29/2015
High debt to GDP ratios in China, Brazil and Turkey lead to slowing growth. India is the exception in emerging markets as foreign investment increases and GDP growth is above 7%, with a boost from halving of oil prices. Europe sees the need for more quantitative easing, and the U.S. makes a slow recovery. Russia may see an improvement after a large devaluation of the ruble. Argentina's prospects are seen as improving with a change in government. Canada sees a change from the drift in the last years of the Harper government and the hollowing out of the industrial sector, with the election of Justin Trudeau. Overall the situation in 2015-2016 is a marked improvement compared to ten years earlier in 2005, as debt issues are tackled seriously in Europe and the U.S. and governance in the private sector improves.
Grouped Articles
Tensions With Russia Add to a Chill in Turkey’s Economy
New York Times 11/29/2015
China Unveils Economic Blueprint for 2016
Wall Street Journal 12/22/2015
Oil Prices at $30 Bend Nations, But Which Ones Could Break?
Wall Street Journal 01/13/2016
Putin’s self-destructing economy - The Washington Post
Washington Post 01/18/2016
Russian Economy Stumbles as Stocks and Oil Prices Fall
New York Times 01/21/2016
Emerging-Market Debt: How Big a Threat Is It?
Wall Street Journal 02/16/2016
The Keystone pipeline project stalled in 2015
11/05/2015
Grouped Articles
For TransCanada’s Keystone Pipeline, a Rocky Road
Wall Street Journal 11/05/2015
Citing Climate Change, Obama Rejects Construction of Keystone XL Oil Pipeline
New York Times 11/06/2015
Why We’re Suing Obama Over Keystone
Wall Street Journal 01/13/2016
Trump backs Keystone XL and Dakota Access pipelines - BBC News
BBC News 01/24/2017
A New Problem for Keystone XL: Oil Companies Don’t Want It
WSJ 06/29/2017
U.S. investigation into corruption and money laundering at Venezuela's oil company PDVSA
10/22/2015
Grouped Articles
U.S. Investigates Venezuelan Oil Giant
Wall Street Journal 10/22/2015
Regional economies- Alberta, Canada
10/12/2015
Grouped Articles
Oil Sands Boom Dries Up in Alberta, Taking Thousands of Jobs With it
New York Times 10/12/2015
Simple facts about China in 2015
09/23/2015
China's per person GNP is about one fourth the U.S. on a purchasing parity basis which covers the cheaper price of goods and services in developing countries. But this does not reflect the wealth distribution which is highly skewed geographically to regions on the coast and around cities such as Beijing and Shanghai, and in the population with wealth concentrated with the people in the top 20% of the population. As a result most people in China make only a small fraction of what Americans make. Wealth and incomes are also skewed in the U.S. since 2000 but not as much as in China. This is why China as a whole may not have arrived at middle income status. The other characteristics of China are the huge focus on infrastructure building through state run companies and banks, use of a large portion of the world's commodity resources, which is now winding down as China shifts to a more consumer driven economy. The boom years of growth are now behind China, and China faces further hurdles to growth in the next decade with the deb to GDP ratio estimated at about 270%. The Communist Party of China sees itself as the only way for China to continue the path to modernization and growth.
Grouped Articles
7 simple questions and answers to understand China and the U.S. - The Washington Post
Washington Post 09/23/2015
The relatively small effects of slowing growth in China on the U.S. economy in 2015, and some positive factors
09/08/2015
WIth only 1% of U.S. GDP related to U.S. exports to China, and Chinese direct foreign investment in the U.S. being less than 1% of all foreign investment in the U.S., China's slowdown is not likely to affect the U.S., according to Easwar Prasad, former IMF expert on China. Positive factors are the slower growth in prices of manufactured products imported from China, the lower prices of commodities such as oil, copper and other metals for an extended period, and bigger markets in China for U.S. service industries, internet and entertainment as Chinese consumer spending plays a larger role in China's GDP.
Grouped Articles
China Slowdown Could End Up Being Good News for U.S.
Wall Street Journal 09/08/2015
Final 3rd-Quarter Estimate Shows U.S. Economy Growing 2%
New York Times 12/22/2015
Moody’s Cuts Its China Rating for the First Time Since 1989
WSJ 05/24/2017
Trade Fight With U.S. Complicates China’s Campaign to Contain Debt
WSJ 06/19/2018
Brazil's repeated boom-bust cycles since 1973, and lost decades
08/28/2015
Brazil, Russia, Australia, Canada, are caught up in the commodities bust with dependence on commodities exports. Brazil faces a lost decade because in adddition to the sharp drop in commodities prices, it also has to tackle large debt and capital outflows, a credit card binge of households cutting into consumer spending, and problems with manufacturing from the period of overvalued currency. A serious long term problem as bottlenecks to growth come from a weak educational system and infrastructure that were not tackled in the boom years. The social safety net and the currency are supported by the foreign currency reserves fund of $397 billion, a lesson learned from the 1997 financial crisis.
Grouped Articles
How Brazil’s China-Driven Commodities Boom Went Bust
Wall Street Journal 08/28/2015
Gloom on Brazil Finances Deepens
Wall Street Journal 12/17/2015
Australia Finds Something Else to Export to China
Wall Street Journal 03/03/2016
Dilma Rousseff’s Former Supporters in Brazil Express Disillusionment
New York Times 04/16/2016
Fight to Impeach Brazil’s Leader Tears at Fabric of Daily Life
New York Times 04/15/2016
Globalization: Capitalism Should Be Nicer | ZEIT ONLINE
ZEIT ONLINE 07/29/2016
Schlumberger's acquisition of Cameron International for $12.7 billion in 2015
08/27/2015
Grouped Articles
Schlumberger to Buy Cameron International for $12.7 Billion
Wall Street Journal 08/27/2015
Schlumberger Wants Cameron’s Company in Oil Slump
Wall Street Journal 08/27/2015
China's consumption of metals and other commodities in 2015 and expected demand with slower growth
08/26/2015
As producers of commodities that aggressively expanded during the boom years adjust production to reflect slower growth in China, supply should adjust to new levels of demand. Experts say the size of the Chinese economy means it will still require a steady supply of metals and other commodities. In the long run, as the Indian economy takes off some of the new demand from India could fill in for slower growth from China.
Grouped Articles
China Remains a Key Commodities Player, Despite Waning Appetites
Wall Street Journal 08/26/2015
Saudi Arabia's Aramco performance
01/08/2016
Grouped Articles
Could Saudi Aramco Be Worth 20 Times Exxon?
Wall Street Journal 01/09/16
Saudi Aramco I.P.O. Prospect Reflects Kingdom Looking Beyond Oil
New York Times 01/08/16
Saudi Arabia Mulls Selling Shares in Aramco
Wall Street Journal 01/10/16
Saudi Arabia Could List Production Assets in Aramco IPO
Wall Street Journal 01/12/16
Transcript: Q&A With Saudi Aramco Chairman Khalid al-Falih
Wall Street Journal 01/12/16
The Saudi Shake-Up Has One Goal: Drag the Country Into Modern Era
WSJ 06/22/17
Saudi Arabia's Aramco management
01/08/2016
Grouped Articles
Could Saudi Aramco Be Worth 20 Times Exxon?
Wall Street Journal 01/09/16
Saudi Aramco I.P.O. Prospect Reflects Kingdom Looking Beyond Oil
New York Times 01/08/16
Saudi Arabia Mulls Selling Shares in Aramco
Wall Street Journal 01/10/16
Saudi Arabia Could List Production Assets in Aramco IPO
Wall Street Journal 01/12/16
Transcript: Q&A With Saudi Aramco Chairman Khalid al-Falih
Wall Street Journal 01/12/16
Saudi Arabia Weighs Giving Up on International IPO for Aramco
WSJ 10/13/17
Preparation for the lifting of Iran sanctions in 2016
12/25/2015
Grouped Articles
U.S. Firms Prepare for End to Iran Sanctions
Wall Street Journal 12/25/15
Iran Nuclear Deal Set to Take Effect
Wall Street Journal 01/16/16
Oil glut dampens Iran’s hopes for big cash flows as sanctions lift - The Washington Post
Washington Post 01/17/16
Iran Complies With Nuclear Deal; Sanctions Are Lifted
New York Times 01/16/16
Effect of continuing decline in oil prices by Dec. 2015 on the bond and stock prices of energy companies and companies with large debt
12/07/2015
Grouped Articles
Energy Sector Rout Intensifies on Mild Weather, OPEC
Wall Street Journal 12/08/15
Oil Prices Plunge 5% After OPEC Stands Pat
New York Times 12/07/15
The Oil-Price Rout: Blink and You Won’t Miss It
Wall Street Journal 12/12/15
The Global Battle for Oil Market Share
Wall Street Journal 12/16/15
Oil Plunge Sparks Bankruptcy Concerns
Wall Street Journal 01/12/16
Dividends of oil companies in 2015-2016 as the price of oil declines sharply
11/16/2015
Grouped Articles
Oil Majors’ Dividends Survive Plunge in Oil Prices
Wall Street Journal 11/16/15
Oil Prices Plunge 5% After OPEC Stands Pat
New York Times 12/07/15
The Oil-Price Rout: Blink and You Won’t Miss It
Wall Street Journal 12/12/15
The Global Battle for Oil Market Share
Wall Street Journal 12/16/15
Oil Plunge Sparks Bankruptcy Concerns
Wall Street Journal 01/12/16
China's transition away from coal in 2015-2020
10/30/2015
Grouped Articles
China confronts the pain of kicking its coal addiction - The Washington Post
Washington Post 10/30/15
Mass Layoffs in China’s Coal Country Threaten Unrest
New York Times 12/16/15
Australia Debates: Does a Warming Planet Really Need More Coal?
The New York Times 10/14/17
In China’s Coal Country, a Ban Brings Blue Skies and Cold Homes
The New York Times 02/10/18
Coal isn’t safe even its two big growth markets – India and China | Opinion
https://www.hindustantimes.com/ 06/15/18
Projected further decline in oil demand for 2016, after the drop in oil prices in 2015
10/22/2015
Grouped Articles
Global Demand Growth for Oil May Fall by a Third in 2016
Wall Street Journal 10/22/15
The Global Battle for Oil Market Share
Wall Street Journal 12/16/15
Oil Plunge Sparks Bankruptcy Concerns
Wall Street Journal 01/12/16
How American Shale Drillers Flipped OPEC’s Script
WSJ 05/24/17
The oil sands industry in Alberta, Canada, in 2015-2016
10/12/2015
Grouped Articles
Oil Sands Boom Dries Up in Alberta, Taking Thousands of Jobs With it
New York Times 10/12/15
Shell to Sell Canadian Oil-Sands Businesses for $7.25 Billion
WSJ 03/09/17
China's plan in September 2015 to reorganize its state owned enterprises in key sectors as state owned asset management firms with minority private investors and operating to maximize profits
09/14/2015
Energy, resources and telecom sectors will be taken up to create new entities that operate like private companies to maximize profits, hire managers at market rates, and take on private investors. The state will continue to maintain its ownership but require the companies to operate and compete similar to private firms. After intense discussion the Singapore model at Temasek is accepted upto a point, the senior management will still be appointed by the Chinese government. The current plan reflects the experience of Chinese president Xi Jinping in Zhejiang province and Shanghai where the private component in a state enterprise provided vigor to the enterprise. Movement is slow because of competing views within the Communist Party and Sasac, the State-Owned Assets Supervision and Administration Commission.
Grouped Articles
China Unveils Overhaul of Bloated State Sector
Wall Street Journal 09/14/15
Full Transcript: Interview With Chinese President Xi Jinping
Wall Street Journal 09/22/15
Xi Gives America Inc. a Reality Check
Wall Street Journal 09/22/15
Opinion | Xi Jinping’s Dilemma
International New York Times 04/27/17
The decline of Canadian manufacturing in the oil boom years with the overvalued currency
08/29/2015
Canadian manufacturing suffered in the oil boom years with its share of the GDP declining from 18% in 2000, close to that of Germany, to 10% similar to the UK and the U.S. by 2013.
Grouped Articles
Economist 08/29/15
Amid Slumping Economy, Canada’s Stephen Harper Braces for Tight Election Race
Wall Street Journal 10/19/15
The White House’s claim that 800,000 manufacturing jobs were added during Obama’s presidency
Washington Post 12/09/16
The New York Times 02/23/17
The Arctic Yamal Energy Project in Russia
08/28/2015
Grouped Articles
Sanctions Bite Massive Gas Project in Russian Arctic
Wall Street Journal 08/28/15
China's 640,000 barrel increase in crude oil imports in 2014 and the 670,000 barrels exported from refineries- China's oil demand fundamentals are changing in 2015
08/27/2015
With China increasing exports from refineries to offset the imports of crude, and the increasing production of oil domestically as it taps new oil fields, the fundamentals for crude oil demand are also changing in China. This process is likely to accelerate with crude imports also going to small refiners now allowed to import crude. A sharp slowdown in car sales with declies in sales in June and July 2015, is likely to keep demand from automobiles for gasoline in check.
Grouped Articles
China Has Big Eyes, Little Stomach for Oil
Wall Street Journal 08/27/15
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