Tag Archives: North America

Halliburton has announced the release of the BaraShale Lite Fluid System. a high performance water-based fluid designed to maintain full salt saturation with reduced density.

Halliburton said last year that it began scaling back operations in Venezuela as a result of delayed payments.

US’ European allies. including England and Germany. have forcefully defended the Iran deal.

The geopolitical reality in the Middle East is changing dramatically.

Russia’s rise came as U.S. policy makers grew preoccupied with Asia. and the American public tired of Middle East wars – something both Obama and Trump acknowledged.

The production growth from non-OPEC countries is still there so I do not expect a price rise in the near future.

Last week. Exxon won the rights to develop 10 offshore blocks in Brazil.

Indian companies. both public and private. have invested about $5 billion in US shale assets.

If a new deal never materializes. the Trump administration or Congress could reimpose Iranian sanctions immediately.

Over the first eight months of the year. WTI averaged US$49.34 a barrel. while the Henry Hub price per MMBtu of natural gas was US$3.