WorldOil U.S. won’t share Europe’s natural gas woes this year, says gas pipeline chief Americans should have enough natural gas to keep homes warm and factories running, avoiding the kind of shortages that are crippling Europe and Asia, even if the coming winter gets particularly cold. Pioneer CEO says Biden needs to “back off” anti-oil policies President Joe Biden should “back off” from domestic anti-oil policies if he wants to keep crude prices in check, according to one of America’s biggest shale drillers. Oil inventory at Cushing crude hub nears critically low levels Stockpiles at the biggest U.S. crude depot are quickly approaching critically low levels. The last time that happened, crude cost more than $100 a barrel. Flare combustion monitoring system for upstream flares A novel flare combustion efficiency monitoring method has been developed, using parametric modeling based on existing experimental data and computational fluid dynamic calculations. This method can be deployed to upstream flare systems to achieve maintenance-free real-time monitoring. Energy Workforce and Technology Council elects Board of Directors The Energy Workforce and Technology Council elected new officers and industry leaders during its Annual Meeting, held in Santa Ana Pueblo, NM. ConocoPhillips puts its Williston basin assets on the market ConocoPhillips is marketing its Williston Basin oil assets for a potential sale, according to people with knowledge of the matter. Oilfield service sector added jobs for fifth straight month in July America’s energy technology and services sector added an estimated 6,082 jobs in July, a fifth straight month of growth, according to preliminary data from the Bureau of Labor Statistics and analysis by the Energy Workforce and Technology Council. EIA forecasts lower U.S. natural gas inventories this winter Above-average withdrawals of natural gas from storage in the 2020–2021 winter heating season and below-average injections into storage this summer contributed to a forecast of below-average inventories of natural gas in the U.S., along with relatively flat dry natural gas production and high natural gas exports. U.S. shale drilling will lose pace this year, says Baker Hughes Shale drilling in North America is going to slow down in the second half of the year from its breakneck pace as explorers cling to promises of austerity, according to Baker Hughes. Halliburton projects ‘multi-year upcycle’ in oilfield services spending “The positive activity momentum we see in North America and international markets today, combined with our expectations for future customer demand, gives us conviction for an unfolding multi-year upcycle,” CEO Jeff Miller said.