‘A Slap in the Face’: The Pandemic Disrupts Young Oil Careers
Sabrina Burns, a senior at the University of Texas at Austin, had thought she would be launching a lucrative career in the oil and gas industry when she graduated in Continue Reading
Covid-19 Live News: U.S. Air Travel Hits Pandemic High, Adding to Fears of Yet More Case Surges and the New Variant
With the coronavirus raging in many parts of the country and hospitals dangerously overstretched, public health officials warned on Sunday that more calamitous days may be ahead, as infections tied Continue Reading
US October Oil Production Declines
All of the oil (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM . After the production charts, an analysis of Continue Reading
Is the US Oil Market Ready for a Blockbuster?
Here is a look back at some of Rigzone’s most viewed downstream-related articles from the past two weeks. Articles about predictions tend to be popular around the start of a Continue Reading
Why President Biden Won’t Be Bad For Natural Gas
The U.S. natural gas industry seems to have a brighter future than its oil sister under a Biden administration, even though the president-elect has made a pledge to push an Continue Reading
Russia 2020 Output at Lowest in Nearly a Decade
Russia’s crude oil and condensate output fell to a nine-year low in 2020 as the nation took part in historic OPEC+ production curbs. The Organization of Petroleum Exporting Countries and Continue Reading
Germany poised to extend coronavirus lockdown
Germany is likely to extend a national lockdown beyond Jan. 10 to curb coronavirus infection rates that are still running high and putting huge strains on hospitals and health workers, Continue Reading
UK’s Johnson warns of more lockdown measures as virus soars
British Prime Minister Boris Johnson warned Sunday that more onerous lockdown restrictions in England are likely as the country reels from a new coronavirus variant that has pushed infection rates Continue Reading
The Russian Energy Giant Mining Bitcoin With Virtually Free Energy
Two things that seem futuristic: Bitcoin and energy efficiency. Two things that are diametrically opposed: Bitcoin and energy efficiency. Mining Bitcoin might not sound like a resource-intensive process, but in Continue Reading
Russian oil output flat on month at 10 million b/d in December
*Output, shipments down on year due to OPEC+ quotas Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now *Daily average exports down 1.5% on month Continue Reading
Airbus exploring hydrogen fuel cell propellor “pods” for aircraft propulsion
Airbus is conducting studies to determine how scalable a hydrogen fuel cell “pod” configuration, among others, could be to large commercial aircraft. The aviation industry has developed numerous configurations—twinjet, s-duct, Continue Reading
EU’s ‘Climate Leader’ Explains Why 2020 Has Left Him Optimistic
The author of one of the most ambitious climate plans in the European Union says 2020 was a turning point that’s left him optimistic about the future of the planet. Although Continue Reading
Russia may start exporting Belarusian oil products in 2021
Russian deputy prime minister Alexander Novak said Jan. 4 that export of Belarusian oil products via Russian may begin in 2021. Not registered? Receive daily email alerts, subscriber notes & Continue Reading
€12M Current Direct project seeks to support marine electrification with swappable containerized battery system
Current Direct , a new €12-million research and innovation project funded by the European Commission’s Horizon 2020 program, is proposing an innovative lithium-ion cell optimized for waterborne transport, using novel Continue Reading
Oil Prices Settle Higher on Final Day of 2020
WTI and Brent crude oil prices posted increases on the final trading day of 2020. West Texas Intermediate (WTI) and Brent crude oil prices posted increases on the final trading Continue Reading
Crude ends year at two-week high as market looks to OPEC+ meeting
Crude oil futures rode a late session upswing to end 2020 higher, as the market looked to a Jan. 4 OPEC+ meeting for next direction. Not registered? Receive daily email Continue Reading
Oil edges higher, but posts 20% annual drop in tumultuous 2020
Global crude prices edged higher on Thursday but lost more than a fifth of their value in 2020, as lockdowns to combat the novel coronavirus depressed economic activity and sent Continue Reading
The Top 5 Energy Stories Of 2020
Some years there is an energy story so big that there’s no question it belongs at the top of the list. The Deepwater Horizon oil spill in 2010. The Fukushima Continue Reading
OPEC+ alliance seeks less drama in 2021 but has monthly decisions to make
Highlights Ministers will meet Jan. 4 to set February quotas Countries appear split on raising crude output Monthly talks aim to allow nimble OPEC+ policy London — In turning the Continue Reading
The Most Outrageous 2020 Oil Predictions
As we approach the close of 2020, we’re reminded of one statistical certainty when it comes to oil price predictions. If you set anything other than a range, you will Continue Reading
Oil Tanker Near Iraq Finds Explosive Object Attached to Hull
An oil tanker off the coast of Iraq discovered an explosive object attached to its hull, the latest incident highlighting the risk to ships in the waters near the Arabian Continue Reading
Possible Mine Found On Oil Tanker Off Iraq
A Liberian-flagged fuel oil tanker off the coast of Iraq has been identified to be carrying a “suspicious object” according to sailors, which could be a mine. The suspicious object Continue Reading
Iran’s foreign minister says Trump trying to fabricate pretext to attack Iran
Iranian Foreign Minister Mohammad Javad Zarif on Thursday accused U.S. President Donald Trump of attempting to fabricate a pretext to attack Iran, and said Tehran would defend itself forcefully. Separately, Continue Reading
Venezuelan Oil Exports Crater as OPEC+ Set to Unleash More Crude
Venezuelan oil exports plummeted this month as U.S. sanctions have left some of the South American country’s cargoes stranded in Asia and competition with fellow OPEC+ members is set to Continue Reading
China Finishes Off a Wild Year With More Manufacturing Growth
China finished 2020 with a 10th consecutive month of expansion in its manufacturing sector, capping a dramatic year that saw the country’s factories incapacitated by the pandemic, only to roar back as Continue Reading
Japanese, Russian companies partner on feasibility study of blue ammonia value chain between eastern Siberia & Japan
Toyo Engineering Corporation and Irkutsk Oil Company (IOC), Japan Oil, Gas and Metals National Corporation (JOGMEC), and Itochu Corporation are partnering on a joint feasibility study of a blue ammonia Continue Reading
Energy and Natural Gas Outlook: LNG Headed for Rebound After Pandemic Demand Dip
Liquefied natural gas traders anticipate a swift demand recovery in 2021 after a year in which the coronavirus pandemic prompted dramatic price swings. Colder weather in key importing nations, outages at Continue Reading
Weekly US coal production totals 8.8 million st, down 20.3% on year: EIA
Weekly US coal production was estimated at almost 8.8 million st in the week ended Dec. 26, down 20.3% from the previous week, Energy Information Administration data showed Dec. 31. Continue Reading
US jobless applications remain elevated at 787,000, but down 19,000 from previous week
WASHINGTON (AP) — US jobless applications remain elevated at 787,000, but down 19,000 from previous week. View full article at apnews.com
Robots Are Creating The Super Batteries Of The Future
Artificial intelligence and robots are a hot topic of discussion, especially in the context of automation and job loss for humans. But they are also helping humans with a lot Continue Reading
Exxon Set For Fourth Loss In 2020 After $20-Billion Write-Down
ExxonMobil is on track to book another quarterly loss this year—its fourth consecutive loss in 2020—announcing that it expects to book a massive up to $20-billion write-down for Q4, the Continue Reading
US oil, gas rigs fall six to 407, ending 2020 50% lower year on year: Enverus
The US oil and gas rig count fell by six to 407 in the week ended Dec. 30 as 2020 ended with activity down slightly more than 50% from the Continue Reading
Texas Deepwater Oil Terminal Achieves VLCC Milestone
L.P. Buckeye Partners, L.P. (NYSE: BPL) reported Wednesday that crude oil export operations have begun at the second deepwater dock at its South Texas Gateway (STG) Terminal, which sits at Continue Reading
The Hot Battery Startup That Could Zap Tesla
One of the wildest plotlines in the great 2020 electric-vehicle rally was the late-year rise of QuantumScape, QS -14.08% a battery startup that has yet to report any revenue. If investors are even close Continue Reading
Cruise Ships Can’t Sail Away From Covid
Authorities around the world halted voyages on large passenger ships in March after Covid-19 tore through scores of vessels, but cruising never really stopped. Smaller cruise ships exempted from the suspension continued to Continue Reading
US oil industry awaits new era under Biden
In April 2018, with oil prices near a three-year high of $75 a barrel, Opec ministers gathering in Jeddah were buoyant. Then US President Donald Trump sent a tweet: “Looks Continue Reading
How Trump Tried, but Largely Failed, to Derail America’s Top Climate Report – The New York Times
The National Climate Assessment, America’s premier contribution to climate knowledge, stands out for many reasons: Hundreds of scientists across the federal government and academia join forces to compile the best Continue Reading
All Quiet in Dover: The Calm Before Brexit’s Border Storm
On the day the U.K. makes its final break with the European Union, the ports are clear of truck backups, goods are moving smoothly and grocery-store shelves are well stocked. Even Continue Reading
With little ado, a divided United Kingdom casts off into the Brexit unknown
The United Kingdom left the European Union’s orbit on Thursday, turning its back on a tempestuous 48-year liaison with the European project for an uncertain post-Brexit future in its most Continue Reading
A Monster Wind Turbine Is Upending an Industry
General Electric’s Haliade-X wind turbine at Rotterdam Harbor in the Netherlands. Ilvy Njiokiktjien for The New York Times G.E.’s giant machine, which can light up a small town, is stoking Continue Reading
As Brexit finally happens, Britons mark their moment of freedom while obeying stay-at-home orders – The Washington Post
After years of buildup to Brexit, a drama that obsessed and divided a nation, Britain was poised to leave the European Union on Thursday night, not with a bang but Continue Reading