Business , Trade , International , Shale Plays

Column: US Shale Supply Chain Will Emerge Smaller from Price War, Pandemic

The slump is putting intense stress on the entire supply chain, the ecosystem of large and small contractors, skilled and semi-skilled labor that underpins oil and gas production.

August 3, 2020

Crude Oil , International

End Game for Oil? OPEC Prepares for an Age of Dwindling Demand

‘People are waking up to a new reality’ as the cartel may be forced to adjust.

July 28, 2020

Exploration & Production , International

World Bank Says Gas Flaring Hit Highest Level Since 2009

The top four gas flaring countries—Russia, Iraq, the U.S., and Iran—continue to account for 45% of all global gas flaring, for three years running (2017-2019), the World Bank said.

July 22, 2020

Crude Oil , Trade , International

Iraq Increases Oil Exports in July, Still Pumps above OPEC+ Target

The July figures imply Iraq is still some way from fulfilling its OPEC+ pledges and is exporting far more than a July loading program indicated.

July 21, 2020

Trade , International

US Energy Secretary Signs Initial Deal with India on Emergency Oil Reserves

U.S. Energy Secretary Dan Brouillette said the deal with India could mirror a recent plan with Australia, which in April committed to spending about $60 million to build an emergency oil stockpile.

July 17, 2020

International , Infrastructure , Construction , Pipelines

Pompeo: Investors in Russian Pipeline Projects at Risk of Sanctions

US targets participants in the Nord Stream 2 and Turkstream natural gas projects.

July 16, 2020

Crude Oil , Trade , International

Column: Oil Diplomacy and the US Presidential Election

The U.S. presidential election in November marks a potential turning point in U.S. policy toward all the big three producers—Russia, the U.S. and Saudi Arabia—with significant implications for the oil market.

July 16, 2020

Investment , Methane , International , Health, Safety & Environment , Emissions , Renewables

Is Energy Transition Ready to Kick Shale to the Curb?

Probably not, but backers believe cleaner fuels are primed, post-COVID-19, to make strides.

July 15, 2020

Crude Oil , Trade , International

OPEC+ Set to Ease Record Oil Production Cuts from August

OPEC and its allies, including Russia, have been cutting output since May by 9.7 million bbl/d, or 10% of global supply, after the virus destroyed a third of global demand.

July 15, 2020

Crude Oil , Trade , International

OPEC Chief Barkindo Sees Oil Market Moving Closer to Balance Before Key Meeting

An OPEC panel called the Joint Ministerial Monitoring Committee meets on July 15 to recommend the next level of oil production cuts.

July 13, 2020