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Path Forward: Why Addressing Oil Sectors Bad Rep Is Key to Energy Transition

2021-06-29 10:00:00| OGI

Oil and gas will be extremely important to solving the energy transition and management need to get outside their comfort zone to attract todays generation to the sector, says Stephen Arbogast, director of the UNC Kenan-Flagler Energy Center.

Tags: key bad forward energy

 

Beyond Oil Launches Blockchain Platform Driving Eco-Friendly Oil Production

2021-06-28 19:54:44| OGI

The blockchain powered platform Solar Oil Project recycles abandoned wells to produce oil while eliminating a trillion dollar ecological nightmare, the company said on June 28.

Tags: production oil driving platform

 
 

OPEC Forecasts Point to Oil Supply Deficit in August

2021-06-28 18:35:00| OGI

Iran and world powers have been talking since April on reviving Tehrans 2015 nuclear deal, which would allow Iran to boost its oil output, so far without agreement.

Tags: point august supply oil

 

Whats Affecting Oil Prices This Week? (June 28, 2021)

2021-06-28 18:00:00| OGI

How high will oil prices go? While Stratas Advisors is forecasting that the increases in crude prices will moderate, the firm noted that a surprise uptick in demand remains one of several upside risks to this forecast.

Tags: june week prices oil

 

US Shale Industry Tempers Output Even as Oil Price Jumps

2021-06-28 15:22:15| OGI

Even with oil prices surging toward $75 a barrel, U.S. shale producers are keeping their pledges to hold the line on spending and keep output flat, a departure from previous boom cycles.

Tags: price industry oil output

 

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