The nation’s producers, which have reduced oil drilling by as much as one-third so far this year, may cut it by a further 20% in 2021, said Vitaly Dokunikhin, CEO at Eriell Russia. SourceContinue Reading

Weatherford International’s Shallow Angle QuickCut System successfully achieved the industry’s first 12 ¼-in. casing sidetrack, delivering a 22-ft. window in a single trip for an ultra-deepwater well in the Gulf of Mexico. SourceContinue Reading

Many Lost U.S. Oil Jobs May Never Return | 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 – Oct 15, 2020, 11:00 AM CDT More than 100,000: that’s how many jobs were lost in...Continue Reading

OPEC Chief Assures Markets That Oil Prices Won’t Crash Again | 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 – Oct 15, 2020, 10:30 AM CDT The OPEC+ group will look to...Continue Reading

Oil Jumps On Bullish EIA Inventory Report | 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 – Oct 15, 2020, 10:00 AM CDT A day after the American Petroleum Institute estimated a crude oil...Continue Reading

Russian Oil Companies Plan Significant Drilling Cuts For 2021 | 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 Related News By Irina Slav – Oct 15, 2020, 9:30 AM CDT Russian oil producers who have already reduced their drilling...Continue Reading

Democrats Want Permanent Ban On Offshore Oil Leasing | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Oct 15, 2020, 9:00 AM CDT Democrat members of the House Natural Resources Committee are pushing for a permanent ban on all offshore oil and gas leasing in Atlantic...Continue Reading

The Secret Behind America’s Most Valuable Energy Play | 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 – Oct 14, 2020, 7:00 PM CDT America’s energy sector is going through its biggest crisis–as well as its biggest seismic shift–in modern...Continue Reading

The Shale Patch Bankruptcy Crisis Isn’t Over Yet | 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 – Oct 14, 2020, 6:00 PM CDT Low oil prices, lower credit availability, and piling...Continue Reading

5 Major Takeaways From The IEA’s World Energy Outlook 2020 | 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 – Oct 14, 2020, 5:00 PM CDT A few years back, the fossil fuel sector was doing just fine while renewable...Continue Reading