Reuters If U.S. President-elect Joe Biden tries to restrict development of oil and gas drilling on federal lands, the American Petroleum Institute (API) will use “every tool at its disposal” including legal action, chief executive Mike Sommers said in an interview with Reuters on Monday. Biden has said he supports a ban on new gas and oil permits — including
Reuters BOGOTA – Colombia will hold a second bidding round to potentially grant contracts to companies interested in exploring non-conventional oil and gas deposits, using techniques like fracking, the National Hydrocarbons Agency (ANH) said. Majority state-owned oil company Ecopetrol ECO.CN, Exxonmobil XOM.N, and Drummond already have contracts for investigative projects and may submit offers in this new round, as can other companies,
Calfrac Obtains Final Order Approving the Amended Recapitalization Transaction …
Morning Consult Oil & Gas Publishers Note: Excellent article from the Morning Consult. Lisa Martine Jenkins brings up great points aligned with data. Over the course of this election season, energy in the United States has been debated through the lens of jobs, both lost and gained. President Donald Trump frequently mentions the hydraulic fracturing industry in swing states like
PLANO, TX / ACCESSWIRE / October 29, 2020 / Torchlight Energy Resources, Inc. (NASDAQ: TRC…
360 Feed Wire Hurricane-related disruptions assist with price recovery, but future impacts from pandemic resurgence still loom Austin, Texas (October 7, 2020) — Enverus, the leading oil and gas SaaS and data analytics company, has released its latest FundamentalEdge report, A Hard Balance: The Persistent Oil Glut and the Coming US Gas Shortage, providing the company’s market outlook and view
ARLINGTON, Texas , Sept. 16, 2020 /PRNewswire/ — U.S. Energy Development Corporat…
Rystad Energy Oil & Gas 360 Publishers Note: Rystad is a great resource for world energy information. There are some great nuggets in this article. However, in this conclusion I do not agree. Check out our live daily show: Energy News Beat As the 2020 presidential election in the US is approaching, Rystad Energy has looked at how the country’s
Oil & Gas Rystad Energy says revenue per employee is not likely to crash as hard as it did in the previous crisis The oil market turmoil brought on by Covid-19 has led to lower-than-anticipated activity and delayed projects, forcing the industry to deploy cost-cutting measures. A Rystad Energy analysis of the top 50 oilfield service (OFS) firms shows that
Reuters DENVER – U.S. hydraulic fracturing firm ProPetro Holding Corp plans to run between seven to eight fleets this quarter, up from an average of four fleets in the second quarter, executives told investors on an earnings call on Wednesday. The company had averaged almost 19 fleets in the first quarter of this year, but saw a significant drop in
BIC Noble Energy Inc said on Thursday it expected to bring back online majority of curtailed oil production volume by the end of July, as oil prices have recovered from their historic lows, as reported by Reuters. Shares of the company, down 64% so far this year, were up 2% at $9 in premarket trade. U.S. shale drillers had to cut
EIA Oil & Gas Publishers Note: Our 360 team has covered the refinery capacity news. The key take away is; “U.S. Gulf Coast, which is home to about half of U.S. refining capacity, used imported crude oil for only 28% of its crude oil inputs to refineries during 2019, down from 69% in 2010.” This percentage and dynamics will change
