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Permian Basin Gas Pollution Halves in Upside of Oil Crash

2020-06-01 15:00:00| OGI

Fall in crude oil demand leads to temporary environmental respite as flaring declines in the prolific Permian Basin.

Tags: gas oil crash pollution

 

United States Oil Fund Reportedly Faces Probes into Risk Disclosures to Investors

2020-06-01 11:10:00| OGI

United States Oil Fund LP, the country's largest crude exchange-traded fund, is being investigated by U.S. regulators over whether its risks were properly disclosed to investors, Bloomberg reported.

Tags: united states united states risk

 
 

How the Oil Sector Can Truly Embrace Innovative Technology

2020-05-29 22:00:00| OGI

Today, millions of employees are adjusting to remote work because of the coronavirus pandemic, which should ensure growing momentum in the oil and gas industry toward embracing new tech.

Tags: technology oil sector innovative

 

OPEC Delivers Three-quarters of Record Oil Cut in May

2020-05-29 15:51:54| OGI

On average, the 13-member OPEC pumped 24.77 million barrels per day (MMbbl/d) this month, the survey found, down 5.91 MMbbl/d from Aprils revised figure.

Tags: may record cut oil

 

Oil Industry Faces IT Challenges Amid the New Normal

2020-05-29 15:00:00| OGI

Industry experts discuss how the downturn and pandemic are impacting IT and OT for the oil and gas sector.

Tags: normal industry oil challenges

 

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