By Editorial Dept – Oct 16, 2020, 12:00 PM CDT Libya has now opened the floodgates of its oil – tentatively – by lifting force majeure (as of Sunday) on its largest oilfield, al-Sharara. It’s a fragile start, at best, because it hinges on an agreement between the militias of the Petroleum Facilities Guards (PFGs)...Continue Reading
By Editorial Dept – Oct 16, 2020, 12:00 PM CDT Normally I go out of my way to avoid the subject of politics when I write about markets because no matter what I say it will be interpreted as personal bias and probably alienate around half of my readers, or at the very least lead...Continue Reading
By Editorial Dept – Oct 16, 2020, 12:00 PM CDT WTI prices are drifting lower on Friday after posting a volatile trade all week. Reports from the IMF, IEA and OPEC all centered on the same theme. The proper steps were made by the experts at the start of the pandemic to stabilize prices, but...Continue Reading
By Editorial Dept – Oct 16, 2020, 12:00 PM CDT 1. Upside potential for beaten-down energy stocks – Oil and gas markets are far from healthy, but with crude prices stable and natural gas prices on the rise, drilling and completion activity could grind higher, according to Morgan Stanley. – Capex will likely remain flat...Continue Reading
Canada Government Invests In Mini Nuclear Reactors | 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 16, 2020, 11:30 AM CDT The federal Canadian government has allocated US$15.11 million (C$20 million) for...Continue Reading
Natural Gas Is Booming In Africa | 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 – Oct 16, 2020, 11:00 AM CDT In 2018, while much of the...Continue Reading
Libya’s Oil Production Jumps To 500,000 Bpd After Biggest Field Restarts | 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 16, 2020, 10:30 AM CDT Libya’s oil production has jumped...Continue Reading
Oil Prices Fall As Concerns About Second Wave Weigh On Markets | 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 16, 2020, 10:00 AM CDT Oil prices slid early on...Continue Reading
The SmartFleet system connects to the reservoir through subsurface sensing to continuously measure cluster uniformity and fracture geometry. The system applies the measurements to make intelligent adjustments that improve fracture placement. SourceContinue Reading
South Sudan Oil Output Drops | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Oct 16, 2020, 9:30 AM CDT Crude oil production in South Sudan has declined to 165,000 bpd from 185,000 bpd due to the pandemic, floods in some parts of the country, and...Continue Reading