U.S. crude stockpiles were seen declining last week after rising for two straight weeks, and refined product inventories also likely fell, a preliminary Reuters poll showed on Monday. Five analysts Continue Reading
U.S. oil production recently broke another record, jumping to 10.619 million barrels per day (mb/d) in the last week in April, and the sky seems to be the limit for Continue Reading
A new report from five international agencies has concluded that the world is not on track to meet 2030 global energy targets set as part of the Sustainable Development Goals, Continue Reading
The offshore sector will increasingly focus on natural gas instead of oil over the next few decades, while policy support and technology improvements could also see offshore investment shift in Continue Reading
Boost efficiency and cut costs—the oil industry’s favorite buzzwords during the latest downturn—continue to be the key talking points of the companies in the post-oil-price-crash world. The rise of technology Continue Reading
Global liquefied natural gas (LNG) demand could exceed available supply by up to 150 million tons per annum (mtpa) by 2025, and planned LNG projects outside North America could supply Continue Reading
U.S. energy companies added oil rigs for a fifth week in a row as they follow through on plans to spend more on drilling this year with higher crude prices Continue Reading
Fieldwood Energy has big plans after restructuring and recapitalization. The overall increase in crude oil prices notwithstanding, a “new attitude” toward U.S. Gulf of Mexico (GOM) operators among federal government Continue Reading
At BP’s massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility Continue Reading
He estimated that only 1 of 10 Texans knows the commission’s main function, and that it has nothing to do with railroads, despite elections every two years to fill one Continue Reading
