Norway’s state-backed oil company Statoil STO -0.22% is changing its name to Equinor, part of its effort to recast itself as the world’s greenest oil company . Statoil—whose name won’t Continue Reading
The UK House of Commons has released a new report on air pollution that calls for urgent action by national leadership to bring about a step change in how the Continue Reading
Statoil ASA, whose North American portfolio stretches from Canada’s offshore to the Gulf of Mexico (GOM), unveiled plans Thursday to rebrand as “Equinor” to reflect a broader energy strategy that Continue Reading
Texas has switched back to Daylight Saving Time and I am once again driving to work in the dark. The stars were still out this morning when I left the Continue Reading
Oil prices seesawed on Thursday, supported by healthy global demand but at the same time held back by a relentless rise in U.S. production that is undermining efforts led by Continue Reading
Oil prices rose Wednesday, recovering from losses in earlier trading as a drop in fuel stockpiles outweighed larger-than-anticipated increase in crude inventories and relentlessly rising U.S. production. Light, sweet crude Continue Reading
Moody’s Investors Service raised on Tuesday its price band for crude oil in the medium term to $45-$65 per barrel from $40-$60 a barrel, as continued OPEC cuts and strong Continue Reading
It is impossible to tell the whole oil story, but perhaps I can offer a few insights regarding where we are today. [1] We already seem to be back to Continue Reading
The Lower 48 isn’t the only area where development costs are moving lower, but the mentality of the industry may be changing on production, analysis found. By next year, total Continue Reading
It was a statement that most liquefied natural gas (LNG) buyers don’t necessarily want to hear; in fact, it goes against the fundamental changes currently underway in global LNG markets. Continue Reading
