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Tag: oil
US Oil Rig Count Rises to Highest Level Since April 2020
2021-05-21 19:16:24| OGI
U.S. oil rigs rose four to 356 this week, while gas rigs fell one to 99.
Tags: level
april
highest
count
Oil Drillers, Bitcoin Miners Bond over Natural Gas
2021-05-21 18:37:37| OGI
The miners are increasingly sending these rigs out to oil fields because its one of the cheapest ways to obtain the energy they need.
OPEC Says IEAs New Net-zero Stance Could Add to Oil Price Volatility
2021-05-21 11:20:00| OGI
The research division at OPEC, whose 13 members sit on 80% of the worlds crude oil reserves, produced an internal briefing document on the IEAs report, a copy of which was seen by Reuters.
Energy Transition Creates $14 Trillion Cloud of Uncertainty for Oil and Gas
2021-05-20 16:30:00| OGI
Despite stark warnings made earlier this week by the IEA, analysts with consultancy Wood Mackenzie said even a rapidly transitioning world needs oil and gas supply for decades to come.
Tags: energy
gas
oil
transition
Study: N.M. Oil Boom Could Stick Taxpayers With $8.4 Billion Bill
2021-05-20 15:58:33| OGI
Up-front bonds for clean-up costs are coming up short, study says.
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