All publications by tag «OIL»
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2022, September, 5, 14:30:00
EUROPE PAYS HARD
Europe and North America are sanctioning the Russian economy, including its energy exports, while Russia is retaliating by cutting key resources, in particular natural gas flows to Europe. This is massively disruptive
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2022, September, 5, 14:25:00
EUROPEAN COLD WINTER
That should help to make future decision making easier. But it is not going to help keep us warm this winter or indeed even in winter 2024.
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2022, September, 5, 13:55:00
ESG & ENERGY INVESTMENT
The growing emphasis on ESG is a key component in the upstream oil and gas industry.
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2022, September, 5, 13:40:00
WORLDWIDE RIG COUNT UP 50 TO 1,825
The Worldwide Rig Count for August was 1,825, up 50 from the 1,775 counted in July 2022,and up 391 from the 1,434 counted in August 2021.
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2022, September, 5, 13:35:00
U.S. RIGS DOWN 5 TO 760
U.S. Rig Count is down 5 from last week to 760, Canada Rig Count is up 7 from last week to 208.
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2022, September, 2, 13:00:00
OIL PRICE: BRENT NEAR $95, WTI NEAR 89
Brent settled down $3.28 at $92.36 a barrel, WTI fell $2.94, or 3.3%, to $86.61 per barrel.
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2022, September, 1, 14:35:00
OIL PRICE: BRENT ABOVE $93, WTI ABOVE 87
Brent fell $2.10, or 2.2%, to $93.54 a barrel, WTI slid $1.86, or 2.1%, to $87.69 a barrel.
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2022, September, 1, 14:25:00
RUSSIAN OIL FOR INDIA UP
India has emerged as a key buyer of Russian energy in the wake of the invasion, scooping up millions of barrels of discounted crude shunned by Europe and the US.
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2022, September, 1, 14:20:00
EUROPEAN RENEWABLE SHUTDOWN
Germany, which has the European Union’s biggest economy, and other countries intend restarting mothballed coal-fired power plants and extending the life of their nuclear power plants to reduce their reliance on Russian gas and coal following its invasion of Ukraine.
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2022, September, 1, 14:15:00
EUROPEAN ENERGY MARKET GAP
The EU’s energy agency, Acer, has warned against tearing up the market structure. In a report in April, it said that the EU’s wholesale electricity markets work well under normal conditions, ensuring secure electricity supply.