Rystad Energy , an independent oil and gas consulting services and business intelligence data firm in Oslo, Norway, has online, a wealth of information concerning upstream oil production projects and Continue Reading
What is the future of earth? As the world’s population grows, the already depleted natural resources are reduced further. As citizens of the planet, we are the only ones who Continue Reading
To be sure, the rumors have been there for a while. As we first wrote in March of 2015 when it became a topic of conversation, speculation that Cushing may Continue Reading
The total number of rigs actively exploring for or producing oil and gas in the United States dropped more than 8 percent, Baker Hughes reports. In its monthly report for Continue Reading
Canadian energy company Suncor, after a success hostile takeover of a rival, reported a fourth quarter net loss of almost $1.5 billion. The company reported an operating loss of $18.9 Continue Reading
U.S. energy firms deepened their cuts in oil drilling rigs in the seventh week of declines to the lowest levels since March 2010, data showed on Friday, as they continue Continue Reading
Investment vehicles that funneled more than $100 billion into U.S. pipelines, storage and other facilities during the shale boom now face an existential crisis after oil tumbled so low that Continue Reading
The IEA Oil Market Report , full issue, is now available to the public. Some interesting observations: Non-OPEC oil supplies are nevertheless seen sharply lower in December. Overall supplies are Continue Reading
As most of the battered oil industry looks ahead to 2017 for a solid recovery, signs are emerging that the downturn pain could last even longer for owners of the Continue Reading
Cheap crude is a double-edged sword for one of the world’s biggest markets. China’s output in 2016 will decline between 3 percent and 5 percent from last year’s record 4.3 Continue Reading
