A large plume of smoke rising from BP’s Deepwater Horizon offshore oil rig in the Gulf of Mexico in April 2010. (Gerald Herbert/AP) President Trump on Wednesday ended an eight-year-old Continue Reading
U.S. shale companies, which kept pumping when the rest of the world cut back oil production, are in a strong position to benefit now that the Organization of the Petroleum Continue Reading
The Deepwater Horizon offshore drilling rig exploded on April 20, 2010, killing 11 workers. Gas erupted into a massive fireball, and then the rig gushed 4.9 million barrels of crude Continue Reading
Trillions of dollars of investments are needed to keep pace with global oil demand expectations, OPEC’s president said. File Photo courtesy of OPEC June 22 (UPI) — Given the pace Continue Reading
U.S. Energy Information Administration, based on Evaluate Energy Note: Rest of world includes associated companies’ reserves with unspecified geographies. In 2017, a group of the world’s largest publicly traded oil Continue Reading
BP recently published energy data through December 31, 2017, in its Statistical Review of World Energy 2018 . The following are a few points we observe, looking at the data: Continue Reading
The largest U.S. oil and gas lobby group is seeking to convince Hispanic and black communities to support the Trump administration’s proposed expansion of offshore drilling, arguing it would create Continue Reading
Baker Hughes reported another dip in the number of active oil and gas rigs in the United States today. Oil and gas rigs decreased by 7 rigs , according to Continue Reading
A s much as we lament overloaded electrical grids, rising gasoline prices or the atmospheric effects of carbon emissions, we take for granted the abundance of energy all around us, Continue Reading
The global oil industry needs to find “another Iraq or North Sea every year” to plug the shortfall of oil supply as demand continues to grow, Majid Jafar, the chief Continue Reading
