Reuters RIYADH – The growth in U.S. shale oil production will slow to 600,000 to 700,000 barrels per day in 2020 and to 200,000 bpd in 2021, the chief executive of U.S. oilfield services giant Schlumberger said on Tuesday. U.S. shale output has surged over the past three years to some 13 million barrels per day, making the country the
Oil Slips for Third Day in a Row As Virus Fears Outweigh Supply Cuts
Houston Chronicle The sale of a stake in Mexico’s giant Zama oil field promised to help Premier Oil pay down debts and strengthen its balance sheet, but an ownership conflict is complicating that process. Some international oil companies operating in Mexico are waiting for a resolution to a conflict between Talos Energy, the field’s primary shareholder, and state-owned Petroleos Mexicanos
Reuters LONDON – Oil slipped towards $56 a barrel on Tuesday, falling for a third day, as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libyan supply losses. Crude fell almost 4% on Monday, with other commodities also reporting losses while U.S. and European equities suffered their steepest declines since
InventHelp Inventor Develops Environmentally Friendly Gas Lamp (PND-5005)
Essential Utilities Inc. Announces New Vice President of Operations for Aqua Family of Companies
Coalition of Industry, Federal and Nonprofit Partners Support Habitat for Fish and Wildlife in the Pecos River Watershed
Houston Chronicle Canada’s oil sands industry may have already built its last big mine. The cancellation of Teck Resources Ltd.’s Frontier project in northern Alberta — which envisaged producing more crude than OPEC member Gabon — epitomizes the struggles of an industry that has already seen most foreign investors flee. It’s not clear that any other proposed mine would be
Shale Support Secures Contract as Provider to Tier-One E&P
Dominion Energy’s First Battery Storage Projects Approved
Dallas Fed Oil & Gas 360 Publishers Note: Outstanding research by Keith Phillips and Christopher Slijk from the Dallas Fed. One of the key talking points is the volatility of the oil and gas industry on the Texas economy, and how to show a new consistent assessment. Timely measures of economic activity are scarce at the state and local level.
Global Underwater Robotics Market is Expected to Reach USD 7.08 Billion by 2025 : Fior Markets
