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Why Is The Shale Industry Still Not Profitable?

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The firm said that in the third quarter of 2017, the “average operating cost per barrel has broadly remained the same without any efficiency gains.” Al Rajhi finds that this “cash required per barrel” metric has been rising for several consecutive quarters, hitting an average $64 per barrel in the third quarter of 2017.

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Fuji Heavy Industries to change company name to Subaru Corporation

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Fuji Heavy Industries Ltd., the manufacturer of Subaru vehicles, will change its company name to Subaru Corporation with effect from 1 April 2017 (tentatively). The FHI Board of Directors also resolved to integrate the company’s Industrial Products Company with the Subaru automotive business with effect from 1 October 2016.

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US Shale Is Immune To An Oil Price Crash In 2017

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Since OPEC announced the production cut deal at the end of November, industry analysts have been warning that rising production from producers outside the deal—U.S. The growth from the average level in the fourth quarter of 2016 to May 2017 is around 340,000 bpd, Rystad said. Link to original article.

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The Next Oil Price Spike May Cripple The Industry

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How it is possible for the price of oil to go both up and not up, and what would that mean for the oil industry? In fact, we have been highlighting this threat to the energy industry in articles since 2015, for example here , here , here and here.) Why an oil price spike would be bad for the industry. We will explain.

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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

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The results of the project will be widely shared by participating companies benefitting from the public support with the European scientific community and industry beyond the participating companies and countries. In 2017, the Commission launched the European Battery Alliance.

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The Future We Saw Coming Is Now

Cars That Think

We began tracking the first technology, nanosheet transistors , in 2017. By the time we gave all the details in a 2019 feature article , it was clear that this device was destined to be the successor to the FinFET. This article appears in the January 2024 print issue. It’s been years in the making.

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How Tesla’s Model 3 Is Melting ICE Markets

EV Obssesion

Tesla’s Model 3 triggered the Osborne effect in the auto industry and is causing the internal combustion engine (ICE) market to melt, The Driven shared and explained just how this happened. In the article, the author takes us back to 2017 where the global new car sales began their downturn, and that increased in 2020 […].

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