The Oilfield Service Industry Will Never Truly Recover | OilPrice.com Rystad Energy Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting and research products. Rystad Energy’s… More Info Premium Content By Rystad Energy – Dec 03, 2020, 3:00 PM CST The oilfield service (OFS)...Continue Reading

OPEC+ Finally Reaches Deal On 2021 Oil Output Cuts | 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 – Dec 03, 2020, 1:45 PM CST After much debate, the OPEC+ group has finally...Continue Reading

Alaska’s Oil Exports Double Amid Strong Chinese Demand | 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 – Dec 03, 2020, 1:30 PM CST Alaska’s crude oil exports have more than doubled...Continue Reading

Saudi Wealth Fund Looks For $7 Billion Loan For ‘’Opportunistic Investments’’ | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Dec 03, 2020, 1:00 PM CST The Public Investment Fund, the sovereign wealth fund of the world’s largest oil exporter Saudi Arabia, has contacted international banks...Continue Reading

OPEC and its allies rescued the oil market earlier this year from an unprecedented slump, slashing production by 9.7 million barrels a day as the pandemic crushed demand. The cartel returned 2 million barrels a day of that output to the market in August without a hiccup, and was due to add a similar volume...Continue Reading

Will Falling Drilling Costs Fuel A U.S. Shale Rebound? | 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 03, 2020, 12:00 PM CST Even though the U.S. shale patch has...Continue Reading

A formal “notice of sale” is set to be published in the Federal Register on Dec. 7. The move is in keeping with a congressional mandate to hold two auctions of oil and gas leases in the refuge’s coastal plain by Dec. 22, 2024. SourceContinue Reading

Oil Major Chevron Slashes Spending Plans Following COVID Crisis | 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 – Dec 03, 2020, 11:30 AM CST Chevron Corporation is reducing its capital and...Continue Reading

“Worryingly enough many automotive board members still expect battery costs to continue to decline at pace without understanding the supply chain they are at the end of.  “Price volatility is introduced to the automotive battery supply chain at the mineral extraction phase. Here prices are determined by the market fundamentals of supply, demand, cost and...Continue Reading

Lithuanians Urged To Stockpile Food Amid Reports Of Nuclear Power Incident | 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 – Dec 03, 2020, 10:30 AM CST Days after reports emerged that...Continue Reading