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Forget Activism: Chronic Underperformance Is Big Oil’s Biggest Problem | 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 – Jun 06, 2021, 7:00 PM CDT Just last week, some of the world’s largest integrated energy companies faced the wrath of...
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New Renewable Fuel May be 3 Times More Powerful Than Gasoline | OilPrice.com By Paulie Jessop – Jun 06, 2021, 6:00 PM CDT The U.S. Department of Energy is now backing continued research of an incredible fuel that has up to three times the energy content of gasoline. More importantly, it could be the only...
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Saudi Arabia Says It is No Longer An Oil Producing Country | 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 – Jun 06, 2021, 2:00 PM CDT When Saudi Arabia’s Energy Minister Prince...
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Who Will Control Canada’s Most Important Pipeline? | 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 – Jun 06, 2021, 12:00 PM CDT An under-the-radar hearing on the way shippers will contract...
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Could Gamma-Ray Bursts Give Us Unlimited 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 – Jun 06, 2021, 10:00 AM CDT Gamma-ray bursts are the most powerful, brightest explosions in the universe....
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“The world risks a severe deficit of oil and gas,” Rosneft CEO Igor Sechin said Saturday at the St. Petersburg International Economic Forum. “The world consumes oil, but isn’t ready to invest in it.” Source
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Costs for everything from labor to diesel to steel have climbed in the oil field this year as explorers return to work following last year’s pandemic-driven crash in crude prices. Steel prices for the drill pipe used in new wells could rise about 50% in 2021, Citigroup said. Source
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Oil and gas employment has remained fairly flat in 2021 as companies have focused on reducing debt, repaying investors and focusing on research and development instead of boosting production. Employment in the sector is down 13.8% since the onset of the pandemic in March 2020. Source
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Crude Prices Rise Despite Falling Asian Oil Imports | 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 – Jun 05, 2021, 6:00 PM CDT The world’s most important oil-importing region, Asia, is...
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Putin Says That First Line Of Nord Stream 2 Is Now Complete | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jun 05, 2021, 4:00 PM CDT...
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