E&P World View: Middle East Economies Choked by Low Prices
While some oil producers in the Gulf region have taken a massive hit, others are scaling back projects in an effort to survive.
June 26, 2020
New Initiative Looks to Boost Oil Industry’s Decarbonization Efforts
In hopes of avoiding a slowdown in momentum caused by the current downturn, OGCI Climate Investments launched a new program to finance oil and gas projects focused on methane reduction technologies.
June 25, 2020
‘Worst Is Over’ for Oil and Gas, OPEC’s Barkindo Says
Scale of oil demand drop for oil has led to largest and longest supply adjustments in history, OPEC Secretary-General Mohammad Barkindo says.
June 24, 2020
E&P Tech Trends: Remote 3D Data Capture Service; Virtual Training for Offshore; More
Check out the latest products and services for the upstream oil and gas industry including a remote deployment model by Acoustic Data for a wireless monitoring system to overcome travel restrictions related to COVID-19.
June 19, 2020
Oil and Gas Private Equity: Post-pandemic Roadmap to Recovery
A panel of oil and gas capital experts discussed the steps private equity professionals need to take to recover from the severe downturn.
June 18, 2020
Downturn to Accelerate Oil Industry’s Digital Transformation, Experts Say
Partners at Boston Consulting Group say it is critical for oil and gas companies to adopt new digital technologies for post-pandemic recovery.
June 12, 2020
Analysts: Oil Price Rally to Continue as OPEC+ Extends Output Cuts
Following the deal, oil prices will continue rallying throughout the month of June, averaging at around $43/bbl for Brent and $30/bbl for WTI, analyst says.
June 7, 2020
E&P Tech Watch: Catalyst-Free PDC Cutter Technology to Drive Drilling Efficiencies
A new manufacturing process optimizes PDC cutter performance.
June 5, 2020
Survey: Energy Transition to Remain Priority for Oil Industry Leaders
A recent survey revealed the energy transition will likely be immune to COVID-19 as 92% of oil and gas executives reported already having or developing a strategy to reduce reliance on fossil fuels.
May 28, 2020
Oil CEOs Pen Open Letter Pushing for Climate Change Action
The letter addresses concerns that the COVID-19 crisis may push oil and gas companies and governments around the world to delay action on climate change.
May 26, 2020