• Upstream
  • Pipelines & Transport
  • Downstream
Wednesday, September 17, 2025
Oil&Gas Advancement
EURASIAN LUBRICANTS SHOW
  • Home
  • News
    13bn Worth Iraq Project

    QatarEnergy, TotalEnergies Partner $13bn Worth Iraq Project

    25 Billion LNG Project

    McDermott Gets Key Contract for $25 Billion LNG Project

    Turkiye signs 15bn cubic meters LNG contracts

    Türkiye Signs 15 bcm LNG Contracts to Boost Energy Security

    Halt Imports of Russian Oil And Gas

    U.S. Wants EU to Halt Imports of Russian Oil and Gas Soon

    4bn New Israeli Gas Offtake Contracts

    Energean Lands $4bn New Israeli Gas Offtake Contracts

    LNG Procurement and Trading

    Singapore-China Apply Cap on LNG Procurement and Trading

    Sanctions Against Russia

    US To EU – For Sanctions Against Russia, Say No to Their Oil

    110 Megawatt Heavy Duty Gas Turbine

    China Rolls Out 110-Megawatt Heavy-Duty Gas Turbine

    Power of Siberia 2 Pipeline Deal

    Russia-China Power of Siberia 2 Pipeline Deal: A New Horizon

  • Projects
    13bn Worth Iraq Project

    QatarEnergy, TotalEnergies Partner $13bn Worth Iraq Project

    25 Billion LNG Project

    McDermott Gets Key Contract for $25 Billion LNG Project

    4bn New Israeli Gas Offtake Contracts

    Energean Lands $4bn New Israeli Gas Offtake Contracts

    LNG Procurement and Trading

    Singapore-China Apply Cap on LNG Procurement and Trading

    Production Sharing Contract of Nigeria

    Production-Sharing Contract of Nigeria with TotalEnergies

    First Arctic LNG 2 Gas Delivery

    First Arctic LNG 2 Gas Delivery from Russia to China Starts

    Major Energy Deals

    Officials From Russia and The US Discuss Major Energy Deals

    Arctic LNG 2 Project from Russia

    Arctic LNG 2 Project from Russia Achieves Record Gas Output

    Yellowtail Field Project

    Saipem Completes Construction of Yellowtail Field Project

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

  • Market Reports
    AI Technology Maturing the Oil and Gas Workforce

    AI & Technology Maturing the Oil and Gas Workforce

    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home Market Reports

Plummeting oil prices will squeeze global earnings

in Market Reports, Pipelines & Transport
Share on FacebookShare on Twitter

Plummeting oil prices will cause cash flow for the global integrated oil & gas industry to contract by 20% or more for 2015, with only a modest recovery expected in 2016, say Moody’s Investors Service.

This reflects the rating agency’s expectation of continued revenue declines and a negative free cash flow profile for the industry in 2015. Moody’s outlook for the global integrated oil and gas industry will remain negative into 2016.

Global crude oil prices have fallen by more than 50% since mid-2014, putting a major squeeze on the industry’s earnings. While companies like Shell, Total and BP have responded by cutting capital spending cuts and reducing costs, Moody’s still expects the industry to face a negative free cash flow position of nearly $80 billion for the rest of 2015, compared with $26 billion in 2014.

Moody’s report, entitled “Integrated Oil & Gas Industry – Global Negative Free Cash Flow Pressures Integrated Oil Credit Profiles” is available on www.moodys.com.

“We have revised our oil price outlook down several times since late 2014 and expect oil and gas prices to stay near recent low levels well into 2016, which will aggravate the industry’s negative free cash flow profile”, says Thomas Coleman, a Moody’s Senior Vice President and author of the report.

Moody’s expects the industry to further reduce capital spending despite cuts already taken, with sharper reductions likely to take place in 2016.

Companies continue to re-phase, defer and cancel high cost projects as prospects dim for price recovery in 2016.

Inflationary pressures and high industry costs are starting to adjust to lower oil and gas prices, with operating costs and margins expected to normalise by mid-to-late 2016. The integrated oil companies are focused on operating costs and staff reductions and have pricing power in an oversupplied market to capture lower rig day rates and supply chain and other efficiencies to bring down costs.

Moody’s expects that the industry’s total debt load will increase, with cash balances declining as companies sell assets to cover dividends and capital spending, although most companies have resisted dividend cuts so far. While some companies such as Shell, Chevron and Statoil face sizeable debt increases, most players are well positioned to absorb a rise in leverage. Many are also pursuing sizeable asset sales to cover the cash flow gap and enhance capital discipline.

Previous Post

Trelleborg signs framework agreement with Statoil

Next Post

Rising demand for conceptual engineering services as M&A activity climbs

Related Posts

China Russia Gas Pipeline
Gases

China-Russia Gas Pipeline Pact Signed to Deepen Energy Ties

September 8, 2025
Egypt commits 400m investment
News

Egypt Commits $400m Investment to Build a Gas Pipeline

September 4, 2025
Natural Gas Pipeline Expansion
News

ICGB Secures Permit for Natural Gas Metering Station

August 19, 2025
Brookfield Infrastructure Acquires Colonial for $9 Billion
News

Brookfield Infrastructure Acquires Colonial for $9 Billion

August 6, 2025
Hungary Russia Serbia Deal on Imports of Russian Crude Oil
Downstream

Hungary, Russia, Serbia Deal on Imports of Russian Crude Oil

July 31, 2025
Turkey Iraq Pipeline Deal and Energy Cooperation Plans
News

Turkey-Iraq Pipeline Deal and Energy Cooperation Plans

July 31, 2025
Next Post

Rising demand for conceptual engineering services as M&A activity climbs

LatestNews

25 Billion LNG Project
America

McDermott Gets Key Contract for $25 Billion LNG Project

September 16, 2025
Turkiye signs 15bn cubic meters LNG contracts
Gases

Türkiye Signs 15 bcm LNG Contracts to Boost Energy Security

September 15, 2025
Halt Imports of Russian Oil And Gas
America

U.S. Wants EU to Halt Imports of Russian Oil and Gas Soon

September 15, 2025
4bn New Israeli Gas Offtake Contracts
Exploration Development

Energean Lands $4bn New Israeli Gas Offtake Contracts

September 12, 2025
LNG Procurement and Trading
Gases

Singapore-China Apply Cap on LNG Procurement and Trading

September 12, 2025
Sanctions Against Russia
America

US To EU – For Sanctions Against Russia, Say No to Their Oil

September 12, 2025

About Us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2025 Copyright Valuemediaservices 2025 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2025 Copyright Valuemediaservices 2025 All rights reserved.