Schlumberger Books Third Loss This Year As Oil Crisis Bites | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Oct 16, 2020, 4:30 PM CDT The world’s largest oilfield services provider,...Continue Reading

Dakota Access Oil Pipeline Clears Hurdle To Doubling Capacity | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 16, 2020, 2:30 PM CDT Illinois approved this week the plan for the Dakota Access Pipeline to double its capacity from 570,000 bpd to 1.1 million bpd,...Continue Reading

Argentina Looks To Attract $5B Investment To Boost Shale Gas Production | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 16, 2020, 1:30 PM CDT Argentina unveiled this week a new plan for natural gas development, looking to attract US$5 billion in company investments to...Continue Reading

COVID Kills Another Oil Rally | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Oct 16, 2020, 1:00 PM CDT Yet another oil price rally has been cut short by COVID, with cases climbing in...Continue Reading

U.S. Oil Rig Count Leaps Higher | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Oct 16, 2020, 12:14 PM CDT Baker Hughes reported on Friday that the number of oil rigs in...Continue Reading

By Editorial Dept – Oct 16, 2020, 12:00 PM CDT Politics, Geopolitics & Conflict – Natural gas continues to be a major diplomatic tool in the Middle East region, as new gas giant Israel prepares to sit down with Lebanon for a US-mediated meeting to discuss maritime borders that have a direct link to the...Continue Reading

By Editorial Dept – Oct 16, 2020, 12:00 PM CDT Libya has now opened the floodgates of its oil – tentatively – by lifting force majeure (as of Sunday) on its largest oilfield, al-Sharara. It’s a fragile start, at best, because it hinges on an agreement between the militias of the Petroleum Facilities Guards (PFGs)...Continue Reading

By Editorial Dept – Oct 16, 2020, 12:00 PM CDT Normally I go out of my way to avoid the subject of politics when I write about markets because no matter what I say it will be interpreted as personal bias and probably alienate around half of my readers, or at the very least lead...Continue Reading

By Editorial Dept – Oct 16, 2020, 12:00 PM CDT WTI prices are drifting lower on Friday after posting a volatile trade all week. Reports from the IMF, IEA and OPEC all centered on the same theme. The proper steps were made by the experts at the start of the pandemic to stabilize prices, but...Continue Reading

By Editorial Dept – Oct 16, 2020, 12:00 PM CDT 1. Upside potential for beaten-down energy stocks – Oil and gas markets are far from healthy, but with crude prices stable and natural gas prices on the rise, drilling and completion activity could grind higher, according to Morgan Stanley. – Capex will likely remain flat...Continue Reading