Source: U.S. Energy Information Administration, International Energy Outlook 2021 Reference case Note: OECD=Organization for Economic Cooperation and Development In our International Energy Outlook (IEO2021) Reference case, we project that residential buildings outside the Organization for Economic Cooperation and Development (OECD) will […]
Source: Map by the U.S. Energy Information Administration, using publicly available data The Enbridge Line 3 replacement pipeline, which delivers crude oil from Edmonton, Alberta, in Canada to Superior, Wisconsin, became fully operational on October 1, 2021, […]
All five oil and gas supermajors are looking to boost capital spending in 2022. Despite some of Big Oil reporting strongest earnings in years and record cash flows, capital discipline remains a key pillar of […]
Oil gained as investors turned their attention to a key OPEC+ meeting, with the group facing calls from consumers to pump more crude. Futures in New York rose back above $81 a barrel, with the […]
Harold Hamm, one of the richest and most prominent shale wildcatters, is finally taking a stake in North America’s biggest oil field. Continental Resources Inc., the shale driller created and controlled by Hamm, agreed to […]
Source: U.S. Energy Information Administration, International Energy Statistics and July 2021 Short-Term Energy Outlook In 2020, Ecuador produced 483,000 barrels per day (b/d) of petroleum and petroleum liquids, which is the only year since 2010 that petroleum […]
This is one of my favorite topics. ESG. As anyone knows that has seen, or listened, to my podcasts that I am passionate about getting the lowest kWh to everyone on the planet using all […]
Global oil demand has already exceeded the threshold of 100 million barrels per day (bpd) last seen before the pandemic, supermajor BP estimates. Demand will continue to increase and reach pre-COVID levels at some point […]
U.S. natural gas production and consumption decreased in 2020 because of mild winter weather and the COVID-19 pandemic’s effect on demand, according to our recently released Natural Gas Annual. Less natural gas was consumed in […]
Russia kept Europe’s energy markets on edge after Gazprom PJSC declined to book more pipeline capacity later this winter when freezing temperatures will buffer the region. While President Vladimir Putin has said his country is […]
Copyright © 2025 | Sandstone Group