South Korean conglomerate POSCO has made a surprise move on Australian gas producer Senex Energy.
More Special reports news
Rystad Energy’s initial assessment of Hurricane Ida’s impact on US oil production and refinery capacity estimates a peak daily supply curtailment of 1.8 million bpd in the Gulf of Mexico.
A report by the consultancy argues that the industry must collaborate to cut emissions and transform the corporate landscape.
Over 35% of the acreage available in licensing rounds that are either open or scheduled to close in 2H21 are located in shallow water, while ultra-deep water and deepwater acreage account for 24% and 19%, respectively, according to GlobalData.
The number of ‘live’ drilled but uncompleted wells in the US’s major oil regions slumped to 2381 wells in June 2021, the lowest level since 2013, analysis by Rystad indicates.
In order to reduce emissions and minimise losses, oil and gas companies should adopt measures such as carbon pricing by altering processes across the value chain, says GlobalData.
The four-week rolling average of US crude oil export volumes has not fallen below 2 million bpd during the past three years, despite the COVID-19 pandemic.
ESAI has examined vaccination trends in the top 25 oil-consuming countries, looking at case load, vaccine access, vaccine hesitation and government actions, in order to forecast vaccination rates and determine when the likelihood of lockdowns and diminished economic activity should drop considerably.