Rystad Energy The effect of the COVID-19 virus on global demand for oil and gas, along with an ongoing price war that has sent oil prices tumbling at an unprecedented rate, are poised to wreak havoc on new project development plans for this year. According to an impact analysis from Rystad Energy, exploration and production (E&P) companies are likely to
Énergir Provides an Essential Service and Puts COVID-19 Prevention and Support Measures in Place
Houston Chronicle The U.S. made its most direct intervention yet in the oil price war between Saudi Arabia and Russia, urging Riyadh to “rise to the occasion and reassure” energy markets at a time of economic uncertainty. Secretary of State Michael Pompeo spoke to Crown Prince Mohammed bin Salman on the eve of a conference call between the leaders of
Air Products to Broadcast Fiscal Second Quarter Earnings Teleconference on April 23
Reuters The U.S. energy sector is slashing capital spending and jobs as business activity plunged and the outlook has turned “extremely pessimistic” amid the coronavirus pandemic, a survey by the Dallas Federal Reserve Bank of oil and gas companies showed on Wednesday. “A majority of firms have revised down their expectations for their firms’ oil production, capital expenditures and company
PG&E Shares Additional Ways Customers Can Lessen Financial Hardship
Houston Chronicle NEW YORK (AP) — Stocks are adding to their gains Wednesday as Congress moves closer to passing a $2 trillion package to help the economy deal with damage caused by the coronavirus. The S&P 500 was up 4.7% in afternoon trading after shaking off a wobbly start to the day. The Dow Jones Industrial Average jumped more than
OPG donating over half a million masks to support frontline COVID-19 crisis
Global Immersion Cooling Market in Data Centers, 2020-2025: Teardown of Fluid, Processor, GPUs, Racks, and Infrastructure Providers – ResearchAndMarkets.com
Reuters The Trump administration has decided not to appeal a court ruling that would sharply reduce its use of waivers exempting refineries from the nation’s biofuels regulation, cheering the corn lobby but drawing anger from oil refiners. The administration had until the end of March 24 to file a challenge, but by early March 25, no such filing had been
More Than 100 Industry Groups Urge President, And Elected Officials At All Levels To Uniformly Apply Department of Homeland Security Critical Infrastructure Definition
Houston Chronicle Two of the world’s biggest oilfield service companies are warning of a bigger shale crash than the one that hit the U.S. and Canada just five years ago. While the decline in North American drilling rigs could approach the lows seen in 2016, the drop could be much faster this time around, Schlumberger Ltd. told analysts and investors
