- Five Major Challenges Facing The Energy Industry
- Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head
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152020-04
- Offshore Oil Could Soon Be Powered By Wind
- Longer blades, taller towers, more powerful turbines: wind energy seems to be past the peak of innovation now, improving incrementally rather than with breakthr
132020-04
- Baker Hughes: US rig count down 62 units to 602
- The US drilling rig count dropped 62 units to reach 602 rigs working for the week ended Apr. 9, according to Baker Hughes data. The count is down 420 units from
102020-04
- Saudi Arabia Sends Wave Of Supertankers To U.S. Ahead Of Oil Meeting
- The world’s top oil exporter, Saudi Arabia, is making good on its promise to flood the world with oil even as demand collapses, with a surge in tankers ca
082020-04
- Rystad Energy: in OPEC+ poker game, Russia holds better cards than Saudi Arabia
- A month after the last unproductive OPEC+ meeting and with Covid-19 slashing demand amid the ongoing price war, the US has managed to broker a new extraordinary
072020-04
- US oil & gas industry sees a drop of 28.2 per cent in deal activity
- The US oil & gas industry saw a drop of 28.2 per cent in overall deal activity during February 2020, when compared with the last 12-month average, according
032020-04
- Baker Hughes: US, Canada rig counts both down 44 units
- The US drilling rig count dropped 44 units to reach 728 rigs working for the week ended Mar. 27, according to Baker Hughes data. The count is down 278 units fro
302020-03
- Saudi Oil Pushing out Canadian Crude in U.S.
- Canadian oil producers are losing as the U.S. imports more crude from Saudi Arabia, according to the latest U.S. Energy Information Administration data. The U.S
282020-03
- Schlumberger, Halliburton Announce Hefty Spending Cuts
- Schlumberger and Halliburton joined the ranks of oil companies on a spending-cutting spree amid the steep oil price drop.Schlumberger said it would slash its sp
252020-03
- India to save $45 billion on oil imports next fiscal, says CII
- According to Confederation of Indian Industry (CII), with the spread of the coronavirus denting global oil prices, India, that imports 80 % of its crude oil ne
232020-03
- Europe industrial ethanol demand, prices spike as coronavirus disrupts market
- Spot prices for Europe industrial ethanol are spiking and the market is facing disruption as demand soars for disinfectant and cleaning products linked to coro
