Friday, May 29, 2026
North Dakota crude oil production fell in May beyond natural declines- oil and gas 360

North Dakota crude oil production fell in May beyond natural declines

EIA Between December 2019 and May 2020, crude oil output in North Dakota fell from an average of 1.5 million barrels per day (b/d) to 0.9 million b/d, a decline of more than 615,000 b/d (41.6%). This production decline is greater than it would have been if producers solely halted new drilling and allowed production from current wells to naturally

Joe Biden - oil and gas 360

Democrats cut fossil-fuel promises from party platform in snub to climate activists

Bloomberg – Day three of the Democratic National Convention on Wednesday featured meetings of the Black and Hispanic caucuses, the run-up to Senator Kamala Harris’s primetime speech, and delicate attempts by the Democratic National Committee and Joe Biden’s presidential campaign to explain why it dropped language from its platform about eliminating subsidies for fossil fuels. In the weeks before the

Weekly Gas Storage: Inventories increase by 76 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 43 Bcf

Natural Gas Inventories as of August 14, 2020 The EIA has released its natural gas inventory report, showing a net increase of 43 Bcf as of August 14, 2020. Working gas in storage was 3,375 Bcf as of Friday, August 14, 2020, according to EIA estimates. This represents a net increase of 43 Bcf from the previous week. Stocks were

Iran says it’s ready to release U.K.-flagged oil tanker - Oil & Gas 360

Iran Says It Detained a UAE Ship and Its Crew

MarineLink Iran seized a United Arab Emirates-registered ship violating its territorial waters this week, Iran’s Foreign Ministry said on Thursday, adding that UAE coastguards killed two Iranian fishermen on the same day. Tensions have risen between the two countries, which face each other across the Gulf, since last week’s agreement between the Gulf state and Tehran’s arch-foe Israel to normalize