Economics/Statistics
News
February 17, 2022
BlackRock Inc., one of the leading advocates of sustainable investing, is on a mission to persuade Texas that it’s a strong backer of the oil and gas industry.
Article
February 2022
Worldwide E&P spending is set to increase 16% in 2022, extending the 5.5% growth experienced in 2021. The first coordinated global upturn since 2018 will be led by North America, but ambitious capacity growth targets in the Middle East, Latin America and Africa will drive international capex gains.
Article
February 2022
As the global economy recovers from the pandemic, indicators have shifted to a positive outlook for the first time in many years. But politics, especially in Canada, have cast a pall over any potential turnaround for the Canadian industry.
News
February 10, 2022
TotalEnergies SE promised to increase its dividend and buy back more shares after posting a record fourth-quarter profit.
News
February 09, 2022
New York’s $280 billion state pension fund will divest more than $238 million in shares and bonds of oil and gas companies.
News
February 09, 2022
A recent GlobalData report shows a 77% increase in contract value but a 14% decrease in the number of contacts.
News
January 28, 2022
Triple-digit oil prices are possible in the next few months as geopolitical risks and “struggling” supply hit global crude markets, said Chevron Corp.’s top executive.
News
January 27, 2022
U.S. natural gas futures suddenly spiked the most on record Thursday afternoon, a dramatic move that signaled bearish wagers being squeezed out of the market.
News
January 27, 2022
The combined shares of five of the largest oil sands companies have outpaced the broader S&P 500 Energy Index over the past three months. The 25% surge comes as U.S. crude oil prices approach $90 a barrel for the first time since 2014.
News
January 27, 2022
U.S. shale executives have finally achieved something that eluded the industry for more than a decade: the ability to turn over billions of dollars in dividends to shareholders while at the same time boosting production to tap into surging global oil demand.
Article
January 2022
Underinvestment—a good strategy?
News
January 26, 2022
A new analysis from McKinsey & Co. estimates that the investment, in new infrastructure and systems, needed to meet international climate goals could be $9.2 trillion a year annually through 2050.
Article
January 2022
Newfoundland and Labrador inexplicably ceases seismic funding
News
January 21, 2022
Oil and gas drilling is big business once again, if the leap in demand for services from Baker Hughes Co., the world’s No. 2 oilfield contractor, is any gauge.
News
January 21, 2022
Schlumberger is gearing up for growth around the world as the No. 1 oilfield contractor expects recovering economies to ignite several years of crude-demand expansion.
News
January 21, 2022
Last year’s blistering rally in natural gas and oil prices pushed mergers and acquisitions in the sector to a three-year high with no slowdown in sight, according to consultant Rystad Energy AS.
News
January 21, 2022
The era of ever-cheaper clean power is over, giving a fresh jolt of uncertainty to global energy markets battered by one supply crisis after another.
News
January 21, 2022
The bank expects stockpiles to slide even lower by the end of the year, after falling substantially in 2021, according to a research note to clients. Spare supply capacity will shrink to 2 million barrels a day from the current 3.4 million.
Article
January 2022
Sooner or later in this type of job (editor), even the few governmental officials that you thought were good will eventually disappoint you.
News
January 19, 2022
Surging demand, fading omicron fears, and OPEC+’s inability to ramp up output have underpinned an eye-watering rally in oil prices.
Article
January 2022
The new year is shaping up to be an important time for the energy security of our state and nation, and while there are many important issues to face, here are my top five energy resolutions for 2022.
