Economics/Statistics
News
October 27, 2019
Money managers boosted their net-long position on West Texas Intermediate crude for the first time since mid-September in the week ended Oct. 22, data released Friday show.
News
October 27, 2019
U.S. shale production has turned the world “on its head,” and Goldman Sachs Group Inc. is “off a bit” in a report last week saying that the bonanza is fading, Perry said on Sunday in Dubai.
News
October 25, 2019
Offshore wind power will expand impressively over the next two decades, boosting efforts to decarbonize energy systems and reduce air pollution as it becomes a growing part of electricity supply, according to an International Energy Agency report.
News
October 25, 2019
BP has been a long-term advocate for the establishment of carbon pricing systems and already supports and enables projects that reduce emissions and generate environmental credits, both for voluntary use and compliance purposes.
News
October 24, 2019
The U.S. has forfeited some $18 billion tied to oil and gas production in the Gulf of Mexico since 2000 because of a decades-old law that gave energy companies a break on paying royalties when drilling in deep waters, federal investigators concluded Thursday.
News
October 24, 2019
The Trump administration showed support for energy innovation in the United States this week, issuing a report that directly outlines how U.S. shale production is positively impacting both the economy and the environment.
News
October 24, 2019
Oil traded higher after a surprise U.S. crude stockpile draw coupled with an outage at a key North Sea pipeline tempered weak economic data from Germany.
News
October 24, 2019
C&J Energy Services and Keane Group announced that the shareholders of both companies approved all of the proposals necessary for the closing of the previously announced all-stock merger of equals between Keane and C&J.
News
October 24, 2019
International SOS, which previously had a minority stake in Iqarus through a joint venture, is becoming the majority shareholder and taking sole ownership of the business in Aberdeen.
News
October 24, 2019
Total's investments will support start-ups that develop innovative technologies and solutions which help companies to reduce their energy consumption or the carbon intensity of their activities.
News
October 24, 2019
McDermott has been awarded a fabrication subcontract for the Greater Tortue Ahmeyim natural gas project.
News
October 24, 2019
Norway’s new Johan Sverdrup oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South America.
News
October 23, 2019
Oil spiked above $55/bbl for the first time in three weeks after a surprise drop in U.S. crude supplies signaled strengthening demand.
News
October 23, 2019
The U.S. shale slowdown is weighing on Caterpillar Inc., which is selling fewer of the pumping units used in fracing.
News
October 23, 2019
Natural gas production has recently grown in China largely because of increased development in low-permeability formations in the form of tight gas, shale gas, and to a lesser extent, coalbed methane.
News
October 23, 2019
Chevron sees a “boom boom boom kind of economy” in West Texas, shrugging off signs of a Permian Basin slowdown showing up in everything from jobs to hotel rooms.
News
October 22, 2019
Talos plans to use Trendsetter’s TC7 clamp connectors and ancillary equipment on the Bulleit development located in the Gulf of Mexico’s Green Canyon 21 block.
News
October 22, 2019
The Trump administration extended Chevron’s waiver to operate in Venezuela, allowing the second-largest U.S. oil explorer to keep its toehold in the crisis-stricken Latin American nation as U.S. sanctions severely restrict crude exports.
News
October 22, 2019
Larger federal deficits and continued uncertainty for the energy sector are in store for Canada after Prime Minister Justin Trudeau won a second term on Monday, investors and analysts say.
News
October 22, 2019
Oilfield Helping Hands has now shared $5 million with oilfield families in need.
News
October 22, 2019
McDermott’s bondholders could make it difficult for the embattled energy-industry contractor to make further draws on its $1.7 billion rescue loan.
