Average Production Per U.S. Oil Rig Has Soared 81% Since 2019 | 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 Related News By Julianne Geiger – Dec 13, 2021, 5:30 PM CST New-well oil production per rig has...Continue Reading

Venture Capital Is Betting Hundreds Of Billions On Energy Tech | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Dec 13, 2021, 5:00 PM CST The software sector has increasingly been gobbling up the lion’s share of VC funds...Continue Reading

Saudi Arabia’s finance minister echoed warnings from the kingdom’s oil officials that a slowdown in fossil-fuel investment globally will cause spikes in energy prices. SourceContinue Reading

Saudi Arabia’s energy minister warned traders against shorting oil prices, saying OPEC+ could react quickly to any fall in prices. SourceContinue Reading

Mexico could slash Pemex’s taxes further as the world’s most indebted oil company scrambles to reverse long-term oil production declines. SourceContinue Reading

OPEC increased its forecast for global oil demand in the first quarter substantially, as some of this year’s recovery is delayed by Omicron but the overall risk from the new virus strain remains limited. SourceContinue Reading

German Chancellor Olaf Scholz, under pressure from the U.S. to halt the Nord Stream 2 pipeline project over Russian aggression toward Ukraine, may quietly delegate the task to the country’s bureaucracy. SourceContinue Reading

Banks Put Pressure On Oil Companies To Go Green | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Dec 13, 2021, 4:00 PM CST In an attempt to protect themselves against ‘worst case’...Continue Reading

Iran Changes Oil Pricing Formula In Sign It Prepares For Oil Export Return | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 13, 2021, 3:30 PM CST The National Iranian Oil Company (NIOC) will change from January 1 the benchmark against which it prices its...Continue Reading

Saudi Arabia: Hasty Energy Transition Will Lead To Oil Price Spikes | 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 Premium Content By Tsvetana Paraskova – Dec 13, 2021, 3:00 PM CST Saudi Finance Minister Al-Jadaan: We...Continue Reading