Highlights US Federal Reserve maintains dovish stance Dollar tests one-month lows Permian drilling rig count falls 6 Crude prices extended their rally July 29, settling higher on the back of Continue Reading
Worry about oil demand sparked by the resurgence of Covid-19 in some parts of the world and a fund selloff in oil futures has reversed the recent price rally. OPEC+ Continue Reading
What is the cost of our carbon footprint — not just in dollars, but in lives? According to a paper published on Thursday, it is soberingly high, and perhaps high Continue Reading
The Kurdistan Regional Government’s Ministry of Natural Resources (MNR) has issued a directive to field operators that they have 18 months to halt the flaring of associated gas that is Continue Reading
French TotalEnergies and Norwegian Equinor will exit their oil joint venture with PDVSA, Bloomberg has reported , citing unnamed sources familiar with the matter. TotalEnergies held a 30-percent stake in Continue Reading
Highlights Permian count drops 6, Eagle Ford down 3 Haynesville activity highest since 2019 Strong gas prices could test producer discipline The US oil and gas rig count fell five Continue Reading
The phone call to the Eugene Water & Electric Board was startling. A group of homeowners, fearing a storm could knock down nearby power lines and ignite wildfires, was asking Continue Reading
India reported 44,230 new COVID-19 cases on Friday, the most in three weeks, the latest evidence of a worrying trend of rising cases that has forced one state to lock Continue Reading
Summary of Weekly Petroleum Data for the week ending July 23, 2021 U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending July 23, 2021 Continue Reading
Officials have begun citywide testing in Nanjing A Covid outbreak first discovered in the Chinese city of Nanjing has spread to five provinces and Beijing, with state media calling it Continue Reading
