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World Oil News
Honorees received awards in 18 categories, encompassing the full breadth of the upstream industry. Today’s innovations, many of which would have seemed far-fetched a generation ago, are enabling operators to find and produce hydrocarbons more safely, economically, and efficiently. Source
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Honorees received awards in 18 categories, encompassing the full breadth of the upstream industry. Today’s innovations, many of which would have seemed far-fetched a generation ago, are enabling operators to find and produce hydrocarbons more safely, economically, and efficiently. Source
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Crude oil inventories at the biggest storage hub in the U.S. posted their steepest decline this week than in any October in five years as demand for exports and from refineries pull barrels to the Gulf Coast instead. Source
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A coastal California county’s attempt to curb new oil and gas development suffered another blow when an appeals court upheld a ruling striking down a ban on new wells and hydraulic fracturing. Source
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House Democrats are making the case for stricter regulation of thousands of abandoned wells, platforms and pipelines off the U.S. coasts following the biggest off-shore spill in California in nearly 30 years. Source
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Oil in New York surged past $81 a barrel after the International Energy Agency became the latest to say natural gas shortages are boosting demand for crude. Source
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European gas futures continued their march upwards on Thursday, even after Russia pledged to deliver as much supply as the continent needs. Source
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Oil’s stability relative to natural gas and coal underscore that OPEC+ is doing a good job balancing supply and demand, said the energy ministers of Saudi Arabia and Russia. Source
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Government climate policies and the transition away from fossil fuels are not to be blamed for the energy crisis ravaging Europe and Asia, according to the International Energy Agency. Source
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The objective of the WPC Excellence Awards is to distinguish companies, institutions or any public or private organization engaged in the oil and gas industry for promoting or operating with high excellence standards. Source
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