WoodMackenzie: Investments in oil and gas among the 23 biggest producers in the world are set to climb by over 60% by next year. Consolidation may be the new way of expanding asset bases because […]
Daily Standup Top Stories Israel-Iran: A strike on oil assets could revive inflation October 12, 2024 Stu Turley When Iran launched a barrage of some 180 ballistic missiles at Israel a week ago — causing little damage or casualties — Israeli Prime Minister Benjamin […]
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count rose by 1 […]
Crude oil inventories in the United States fell by 4.339 million barrels for the week ending September 20, according to The American Petroleum Institute (API). Analysts had expected a drop, but a much smaller one […]
Oil production in North Dakota fell 18,000 barrels per day (bpd) to 1.168 million bpd in July, monthly data from the state Industrial Commission showed on Monday. Wells permitted jumped to 107 in July and […]
Daily Standup Top Stories Georgia’s Clean Energy Outpaces Fossil Fuels with New Nuclear Boost September 22, 2024 Stu Turley For the first time ever, the U.S. state of Georgia has more clean power than hydrocarbon fueled […]
The total number of active drilling rigs for oil and gas in the United States fell slightly this week, according to new data that Baker Hughes published on Friday. The total rig count fell by […]
Daily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being […]
Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being fueled by the U.S. Federal Reserve, which is later today expected to announce the first rate […]
Danish offshore energy contractor Maersk Supply Service has been awarded a contract by Canadian oil and natural gas company Cenovus Energy for a field support vessel to support operations in the White Rose field. According […]
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