Feb 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co said in its closely followed […]
Home Fossil Energy Consortium lands deal for project at world’s largest offshore sour gas development UAE’s giant Abu Dhabi National Oil Company (ADNOC) has handed out a letter of award (LOA) to a consortium led […]
Many observers expected that in the wake of America and NATO’s somewhat frantic and ugly (to put it mildly) pullout from Afghanistan and Kabul airport in August 2021, it was only a matter of time […]
Summary Even though energy has been the best-performing sector of the year by a large margin, deep values remain in under-covered and small cap oilfield services. Fifty-three oilfield service equities were evaluated using a value […]
ENB Publishers Note: In what is called the last “Supercycle” 14 years ago with $145 oil it was even by the name a cycle. The energy crisis has migrated beyond a cycle into a staged […]
One thing I have to say is that this was a fun podcast visiting with Alma Cook, about her song just released “5000 Candles” a true tribute to the oil field workers. A great music […]
The de facto buyers’ strike on Russian crude that began a month ago propelled oil prices to their highest levels in years. Now the real effects are starting to create a second wave of impact […]
ENB Publishers Note: Kern County in California is one of the best oil fields in the United States. It is mind-blowing that California has imported 20% of its oil from Iran even though there were […]
This week, U.S. energy firms added oil and natural gas rigs for a seventh week in a row for the first time since February 2021 after crude prices this week soared to their highest since […]
U.S. shale drillers will be eager to boost production as oil prices near $100 per barrel, but a looming frac sand shortage may stop them. Combined with rising labor costs, a potential trucker shortage, and […]
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