As the price of oil drops and the sector faces the strain of little to no investment globally, the oil and gas industry is on track for a major skills Continue Reading
General Motors Co is “almost there” on developing an electric vehicle battery that will last one million miles, a top executive said on Tuesday. The automaker also is working on Continue Reading
U.S. shale production is set to fall to a two-year low in the coming weeks, with the Permian basin leading the way down. In the latest Drilling Productivity Report , Continue Reading
When two of the biggest beneficiaries of fossil fuels abandon the cause is that an omen? Start with Norway’s sovereign wealth fund, the biggest in the world. That nation created Continue Reading
After the forced suspension of drilling and well shut-ins, the global oil industry now faces another challenge: production outages resulting from delays in regular repairs caused by the supply-chain disruption Continue Reading
North Dakota will likely follow Texas’ lead in letting oil market dynamics and individual producers, not state regulators, decide how much production to curtail in the face of low prices Continue Reading
Oil production from the top seven shale regions in the U.S. is set to tumble to levels not seen since 2018. (Bloomberg) — Oil production from the top seven shale Continue Reading
Google says it will no longer build custom artificial intelligence tools for speeding up oil and gas extraction, separating itself from cloud computing rivals Microsoft and Amazon. A statement from Continue Reading
It may well be the case that the U.S. shale sector has cut over US$50 billion from its planned spending this year, the number of operating rigs has fallen by Continue Reading
COVID-19 has undermined the accuracy of economic data AAA uses to predict how many Americans will travel over the Memorial Day weekend. For two decades, the American Automobile Association (AAA) Continue Reading
