Oil rises on vaccine and OPEC gamble
Oil prices continued to rise today on confidence that Covid-19 vaccines and OPEC+ will help the market earlier than expected.
Oil prices continued to rise today on confidence that Covid-19 vaccines and OPEC+ will help the market earlier than expected.
Oil rose on Wednesday on vaccine and OPEC+ hopes, but the ground may be too shaky to support such gains.
Neptune Energy is lending its support to a range of social investment initiatives and will work with charitable organisations dedicated to providing mental health support and enhancing employment opportunities for younger people.
Oil prices rose today, supported by optimism about the coming OPEC+ meetings and by China’s recent crude processing data.
Oil prices kept their gains on a combination of good news, the vaccine prospect, US crude stocks and OPEC+ supply indications.
The company’s base case outlook projects some 200 billion boe of new gas resource developments needed to meet demand through to 2040.
Oil prices extended their gains on Wednesday as Covid-19 vaccine euphoria continues to drive markets, assisted by a report that US crude stockpiles have decreased further than expected for another week.
Oil prices recover as the uncertainty over the US election result subsides, but the market has challenges to face in weeks ahead.
The Abu Dhabi International Petroleum and Exhibition Conference (ADIPEC) 2020 Virtual Conference, the world’s largest gathering of oil and gas industry players, is set to begin on Monday 9 November 2020.
Vincent Thomas, P. Eng, Rodan Energy Solutions, offers some ideas on how oil and gas facilities can more effectively manage electricity costs.
Janette Marx, Airswift, recently sat down with several energy industry leaders to discuss what the energy workforce will look like post-pandemic.
Oil prices have not taken a definite direction today, hovering around the low levels that Covid-19’s second wave brought upon the market this week.
Oil prices continued their free fall for a second day in a row as the market finally corrected itself, pricing in the full impact of a second wave of Covid-19.
Oil prices, after a long period of enjoying +US$40 levels, finally fell below the threshold.
The November/December issue of Oilfield Technology begins by reviewing the state of the North Sea. The issue then moves on to cover Drilling Technologies, Deepwater Operations, Flow Control, and more.