
More than 6,300 students have graduated from the Mewbourne School of Petroleum and Geological Engineering. (Photo courtesy of Mewbourne Oil Co.)
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Saudi Arabia Set to Raise Oil Output, Reversing Recent Production Cut: Reports
Saudi Arabia is expected to announce its plans when a coalition of oil producers meets next month, according to a WSJ report on Feb. 17, adding that the output rise won’t kick in until April.
EIA: US Energy Consumption Could Take 30 Years to Recover
It will take a while for the energy sector to get to its new ‘normal,’ says the EIA Acting Administrator in the U.S. agency’s annual outlook clouded by the COVID-19 pandemic.
US Crude Oil Stockpiles Plunge to Lowest Since March 2020
The decline was the result of a sharp falloff in imports and a 2.3 million-barrel drawdown in oil stockpiles at the Cushing delivery hub for crude futures in Oklahoma.