Nigerian President Muhammadu Buhari expressed concern about new threats by the militant group the Niger Delta Avengers to bomb critical oil and gas infrastructure in the West African nation. Buhari’s statement, made through a spokesman, […]
US crude exports fell by 16pc in May, with India the top buyer followed closely by China. Total domestic crude exports averaged 2.71mn b/d in May, down from 3.24mn b/d in April, according to trade […]
An OPEC+ ministerial panel recommended a gradual increase in oil output to the end of the year, paving the way for the wider group to reach a deal that would keep a firm grip on […]
Oil advanced with OPEC+ producers reaching a tentative agreement to add limited supplies to the market in the coming months. Futures in New York rose as much as 3.7% on Thursday to the highest intraday […]
There are several things that our team at King Operating get asked while talking with our clients. One of the questions is, will oil and gas be even needed after 3 to 5 years with […]
The market has never been a better time to invest in the United State oil production. The world oil demand is coming back strong, and the United States is now a net energy importer. Oil […]
In June 2021, Guyana was the host for Operation Tradewinds, a multinational military exercise, involving military forces from the U.S., the Bahamas, Brazil, Canada, the Dominican Republic, France, Jamaica, the Netherlands, Trinidad and Tobago, and […]
YENAGOA: A militant group in Nigeria‘s oil-producing Delta region has threatened to resume attacks amid rising insecurity and disagreements over the share of oil wealth communities should get. The group, called the Niger Delta Avengers, roughly halved Nigeria’s oil production in […]
We release an updated inventory of what we consider drilled but uncompleted wells (DUCs) each month in our Drilling Productivity Report (DPR). We publish updates to DUC estimates by region in a publicly accessible spreadsheet. […]
The threat of worldwide inflation fear, increased demand, the lower demand are all the reasons for the increased rally for oil prices. Just in the last year, we have seen Iranian attacks on oil tankers […]
Copyright © 2025 | Sandstone Group