The unusually public dispute that tested the unity of the cartel was resolved in a classic compromise — with Riyadh meeting Abu Dhabi halfway in its demand for a more generous output limit. “Consensus building […]
The world needs the OPEC+ group to open the taps further to balance the oil market in the coming months, on that everyone agrees. But there’s less unanimity on just how much more crude they will have to […]
OPEC+ has called a meeting on Sunday, delegates said, after the group made significant progress toward resolving a standoff with the United Arab Emirates that had blocked a deal to boost output. The online conference […]
We have a blast talking with Heidi McKillop, Movie Mogle, Producer, Humanitarian, and Terry Etam, Author, Canadian Energy Aficionado, and non-humanitarian. We have a great talk about Heidi’s new movie company, the looming energy crisis, […]
Oil fluctuated as Saudi Arabia and the United Arab Emirates were said to resolve the standoff that has prevented OPEC+ from satisfying a growing clamor for extra barrels. Futures flickered near $75 a barrel in […]
The global shipping industry needs to work more closely with the governance framework of affected countries and ensure greater transparency and accountability for cargo movements, especially in light of recent high-profile accidents involving defective or […]
If you were to ask leading U.S. climate and energy policy experts which of the United States’ existing emissions requirements should be most stringent, they would probably respond that there is no single answer. Rather, […]
American drillers have restored less than 20% of the oilfield services jobs lost due to the pandemic, with companies favoring investor returns over boosting output, according to a trade group. “The main reason that hiring […]
Source: U.S. Energy Information Administration, Drilling Productivity Report (DPR), based on data from Enverus In 2020, U.S. initial crude oil production per well, or well production efficiency, increased significantly in the Bakken region, according to our Drilling Productivity Report (DPR), […]
It is widely expected that the price of petrol will be hiked across the emulation in the coming months as a result of the growing political and economic tension between Saudi Arabia and the UAE. While the […]
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