With the national unemployment rate ticked up to 4.3% and job growth across the United States slowed much more than expected, the energy services sector remained relatively steady. The current unemployment rate is at its highest since October 2021, triggering fears of an impending recession. SourceContinue Reading
How Investors Are Capitalizing on AI’s Insatiable Appetite for Energy | 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 – Aug 05, 2024, 7:00 PM CDT AI data centers’ rising electricity demand prompts investors...Continue Reading
U.S. Shale Production Could Surprise to the Upside | 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 – Aug 05, 2024, 6:00 PM CDT Major U.S. oil producers, including ExxonMobil and Chevron,...Continue Reading
ASCO mobilized two radiation safety officers (RSOs) as well as NORM (Naturally Occurring Radioactive Material) and mercury monitoring and analysis equipment to the OMSB site. The RSOs delivered on-site training for NORM awareness, and monitoring for various hazards such as benzene, H2S (hydrogen sulphide) with a particular focus on NORM and mercury. SourceContinue Reading
Drones are particularly valuable for inspecting production facilities, offshore oil rigs, wind turbines, and pipelines, providing comprehensive and timely assessments while keeping personnel out of hazardous environments and underscoring the transformative impact of UAVs on maintenance and monitoring practices across the energy sector. SourceContinue Reading
Russia’s Arctic Energy Expansion: A Geopolitical and Economic Gambit | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Aug 05, 2024, 5:00 PM CDT Russia’s Arctic Northern...Continue Reading
Countries like Angola, Mozambique, Uganda and Tanzania are opening up new exploration frontiers, presenting attractive farm-in opportunities for independents like ReconAfrica. The oil reserves in Uganda’s portion of the Lake Albert basin, particularly in the Albertine Graben, are estimated at around 6.5 Bbbl, indicating promising prospects within the onshore region. SourceContinue Reading
Global Coal Production Hits Record Highs | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Aug 05, 2024, 4:00 PM CDT Global coal production reached a record...Continue Reading
ADNOC Drilling’s second quarter and first half 2024 revenue increased to $935 million and more than $1.8 billion, up year-on-year by 29% and 26%, respectively. This growth has been driven by the expansion of operations across all business segments. SourceContinue Reading
Geothermal Market Poised for Accelerated Growth in Coming Years | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Aug 05, 2024, 3:00 PM CDT Geothermal energy is...Continue Reading
