OPEC’s biggest exporter and de facto leader. Saudi Arabia. has pledged to cut its total August exports to 6.6 million bpd.
Read More »Oil and Gas Added $1.3 Trillion to The U.S. Economy in 2015
Oklahoma. Wyoming. North Dakota. and Texas held the highest proportion of jobs directly related to the oil and gas supply chain.
Read More »London. New York Compete for Saudi Aramco IPO
American officials have provided little assurance that Aramco wouldn’t be a target of litigation. according to the people with knowledge of the situation.
Read More »Ukraine Snubs Russia by Buying U.S. Coal
Ukraine needs more reliable energy. The U.S. needs customers for its faltering coal industry.
Read More »US Sanctions Against Maduro a `Blunt Attempt to Topple an Unpleasant Leader`
The US sanctions against Venezuelan President Nicolas Maduro is an attempt to oust the ".unpleasant". for Washington leader.
Read More »3D formation evaluation service with electromagnetic sensors
Halliburton today announced an agreement with GroundMetrics. a San Diego company specializing in the development of electromagnetic sensor systems. to deliver full field reservoir characterization and monitoring services.
Read More »Schlumberger’s New Technology Optimizes Artificial Lift
Schlumberger’s new integrated solution-based web platform takes artificial lift monitoring and analysis to next level.
Read More »Ultrathin Device Harvests Electricity from Human Motion
A new electrochemical energy harvesting device can generate electrical current from the full range of human motions and is thin enough to embed in clothing.
Read More »Oil Markets Brace for Possible U.S. Sanctions on Venezuela
Venezuela is a key source of heavy sour crude supplies for U.S. refiners.
Read More »Oil Traders Await U.S. Reaction to Venezuelan Vote
The U.S. buys about a third of Venezuela’s crude production and is the main buyer that pays in cash.
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