Drilling Productivity Report
The Drilling Productivity Report (DPR) rig productivity metric new-well oil/natural gas production per rig can become unstable during periods of rapid decreases or increases in the number of active rigs Continue Reading
Deep Sea Mining Is An $8 Trillion Opportunity
The mining sector has been one of the biggest beneficiaries in the COVID-19 recovery. Several countries’ recovery packages have ignited demand for commodities like copper, iron ore and lithium. Given Continue Reading
Why The U.S. Is So Vulnerable To Rising Oil Prices
Oil markets started off the week under pressure as continued speculative “long” liquidation amid delta variant demand concerns weighed on prices. However, in an ironic twist, the oil market got Continue Reading
Biden Administration Wants To Wean All Airlines Off Fossil Fuels By 2050
As if we weren’t throwing enough trillions of dollars away (or, should we say, printing enough trillions away) incentivizing ill conceived “green energy” subsidies, the Biden administration is now set Continue Reading
Big Oil Companies Expand Footprint In Gulf Of Mexico
The largest oil companies have significantly raised their share of crude oil production in the U.S. Gulf of Mexico in recent years, while smaller firms have been weighed down by Continue Reading
US offshore output, LNG terminal utilization steady as storms move through Gulf
Tankers in path of Fred, Grace could see delays Chevron moves some workers from platforms Back-to-back storms passing through the Gulf of Mexico could delay LNG tankers reaching US terminals Continue Reading
Renewable fuel companies edge out some refiners on feedstock
Both renewable fuel processors and oil refiners are trying to profit off the growing market for sustainable aviation fuel and renewable diesel, but high prices for feedstocks like soybean oil Continue Reading
Biden administration appeals federal court decision to block oil, gas leasing pause
The Biden administration on Monday challenged a federal judge’s decision in June to block the Interior Department’s pause on oil and gas leasing on public lands and waters – a Continue Reading
ORNL researchers develop robotic disassembly system for spent EV batteries
Researchers at the Department of Energy’s Oak Ridge National Laboratory have developed a robotic disassembly system for spent electric vehicle battery packs to recycle and reuse critical materials safely and Continue Reading
Gazprom Neft Ready To Boost Production In Line With OPEC+ Deal
Gazprom Neft, the oil arm of Russian gas giant Gazprom, will be able to swiftly raise its crude oil production in line with the OPEC+ deal for unwinding the collective Continue Reading