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WTI Price Breaks $70 For First Time Since 2018 | 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 07, 2021, 8:00 AM CDT West Texas Intermediate hit the highest since 2018 at...
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Energy giant BP sees a strong recovery in global crude demand and expects it to last for some time, with U.S. shale production being kept in check, according to CEO Bernard Looney. Source
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Renewables Was Sole U.S. Energy Source With Rising Consumption In 2020 | 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 – Jun 07, 2021, 7:30 AM CDT Renewables were the only energy...
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The Deepwater Atlas and Deepwater Titan are the world’s first eighth generation ultra-deepwater drillships, and the only rigs to feature a 3,000,000 pound hook-load. These drillships will include the offshore industry’s first 20,000 psi well control systems. Source
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The decline in U.S. drilling and output leaves little competition to OPEC’s efforts to manage markets, Mike Muller, Vitol’s head of Asia, said during an online conference on Sunday. Brent crude closed above $70 a barrel last week for the first time in two years, as buyers demand more oil than producers are pumping. Source
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New Renewable Fuel Might be 3 Times More Powerful Than Gasoline | OilPrice.com By Paulie Jessop – Jun 06, 2021, 8:00 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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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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