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YPF is aiming for capital expenditures this year of $2.7 billion, as it tries to halt four years of production declines. After the coronavirus pandemic decimated revenue and the debt swap yielded limited results, getting there will require increasing fuel prices, cutting drilling costs, selling local debt, and maybe divesting assets. Source
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Ten months after slashing crude production when Covid-19 crushed global demand, OPEC and its allies are still withholding 7 million barrels a day from the market. It’s been a sacrifice, and now the group must chart a path forward that won’t erase hard-fought oil price gains. Source
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Can OPEC+ Maintain Order As Oil Prices Rise? | 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 – Feb 20, 2021, 6:00 PM CST After months of neglect from traders, oil became a hot...
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Can Oil And Electric Vehicles Coexist In Modern Markets? | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Feb 20, 2021, 4:00 PM CST Although the novel...
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Will New Zealand Ever Unlock Its Oil Potential? | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Feb 20, 2021, 2:00 PM CST Small oil producer New...
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Offshore Wind Industry Looks To Add Nearly 1 Million New Jobs | 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 – Feb 20, 2021, 12:00 PM CST The...
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Bitcoin’s Market Cap Hits $1 Trillion As America’s Largest Mining Facility Goes Offline | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Feb 20, 2021, 10:00 AM CST...
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Texas Storm Shut In As Much As 4 Million Bpd Of U.S. Oil Production | 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 – Feb 19, 2021, 5:00 PM CST The severe...
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Texas Railroad Commissioner Wayne Christian says recent winter storms would not have had such devastating consequences had it not been for decades of poor policy decisions prioritizing unreliable renewable energy sources at the expense of reliable electricity — something Texans now know is essential to everyday life. Source
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Texas May Lack Authority To Enforce Texas May Lack Authority To Enforce Ban On Natural Gas ExportsBan On Natural Gas Exports | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 19, 2021, 3:30 PM CST The Texas Railroad Commission may not have the authority to...
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