Bakken Shale accounted for a mere 11% of oil and 2.8% of natural gas production in the US Lower 48 for 2020
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Posted inPeople
Finding the future
Our decisions today will impact the oil and gas industry’s future and longevity
Posted inProducts & Services
Q&A: McDermott’s Qatar head on growth plans in the country
Neil Gunnion is the country head and vice president of operations for Qatar, and he answered all of our questions about the company’s operations in the nation
Posted inProducts & Services
Lower emissions, higher returns
Oil and gas companies can benefit from innovative technologies to combine sustainability with profitability, says Norm Gilsdorf, Vice President, Global High Growth Regions and President for Honeywell Russia & Customs Union and Honeywell ASEAN
Posted inExploration & Production
Why are Middle East upstream resources so advantaged?
The hunt is on for advantaged assets with the lowest costs, lowest carbon emissions and best economics
Posted inExploration & Production
Natural gas demand growth to slow, strong policies needed to achieve net zero: IEA
Strong rebound in 2021 from last year’s decline is expected to take demand above pre-Covid levels, followed by more moderate increases through 2024, IEA report says
Posted inExploration & Production
Nigerian lawmakers pass petroleum bill – but there is still work to do
The PIB aims to reposition Nigeria’s petroleum sector as an attractive investment destination as the energy transition intensifies competition for capital
Posted inExploration & Production
Supply outlook tightens as OPEC+ prepares to meet
Wood Mackenzie forecasts total oil demand to rise 5.9 million barrels per day (b/d) year-on-year for 2021
Posted inExploration & Production
Oil rises on expectations of a cautious OPEC+ policy
Oil prices are rising today on market expectations that OPEC+ will decide to boost supply from August but in a cautious manner
Posted inExploration & Production
Oil rises as strong demand causes another draw of US crude stocks
Oil prices rose today after the API institute forecasted another strong crude stocks draw in the US for the past week, and all eyes now are set on tomorrow’s OPEC+ meeting