Halliburton has announced the addition of SandTrap® XL to its sand consolidation portfolio. This latest innovation addresses the industry’s challenge of excessive sand production with a low-viscosity resin system. Activated externally, it enables solids control over large intervals. SourceContinue Reading
Cap-and-Trade Showdown: Will U.S. Voters Pull the Plug? | 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 – Nov 01, 2024, 10:00 AM CDT Voters could axe the cap-and-invest program that’s raised over...Continue Reading
Petrofac has been awarded a multi-million-dollar, two-year contract by Bapco Upstream. Petrofac will support Bapco’s production plans to meet gas demands for Bahrain through the delivery of well hook-ups, associated pipelines and tie-ins for several new wells within the Bahrain Field. SourceContinue Reading
Exxon Completes Sale of French Refinery to Trafigura-Led Buyer | 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 – Nov 01, 2024, 9:30 AM CDT ExxonMobil has completed the sale of the...Continue Reading
Oil Markets on Edge After a Volatile Week | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Nov 01, 2024, 9:13 AM CDT Oil markets are on edge at the end of what has been a very volatile week for both...Continue Reading
Big Oil Needs to Borrow to Cover Dividends and Share Buybacks | OilPrice.com Premium Content By Editorial Dept – Nov 01, 2024, 8:36 AM CDT Big Oil Needs to Borrow to Finance Own Share Buybacks – Oil majors have been reporting lower Q3 profits, suggesting that the era of windfall revenues is coming to an...Continue Reading
Oil Prices Volatility Spikes as Demand Concerns Clash With Geopolitics | OilPrice.com Premium Content By Editorial Dept – Nov 01, 2024, 8:30 AM CDT Volatility in the Light Crude Oil Market: A Week in Review This week, crude oil (WTI) prices experienced substantial volatility, with light crude gapping sharply lower on Monday before clawing back...Continue Reading
By Editorial Dept – Nov 01, 2024, 8:30 AM CDT World War III is a proxy war, almost in its entirety. And Russia’s proxies are no longer simply its “non-state” (formerly Wagner) mercenaries, which Putin now fully controls. Now, it’s North Korea, which is desperate for the leverage it can win by being one of...Continue Reading
Why the Energy Sector May be a Post-Election Safe Haven | OilPrice.com Premium Content By Editorial Dept – Nov 01, 2024, 8:30 AM CDT As readers here will know all too well, energy markets are notoriously volatile. The commodities that underlie them and therefore the stocks in the sector are subject to multiple influences such...Continue Reading
A Mixed Earnings Season for Oil and Gas Giants | OilPrice.com Premium Content By Editorial Dept – Nov 01, 2024, 8:30 AM CDT Politics, Geopolitics & Conflict LIbya’s Akakus Oil Company said on Monday that production at the Sharara oilfield (the country’s largest) had hit 285,000 bpd, representing a 10,000-bpd increase in a week’s time...Continue Reading