OPEC’s plan will reduce global crude stocks and revive U.S. shale drilling, says EIA

The sustained OPEC+ production curtailment through April suggests that supply will remain constrained in the near term, even as demand continues to increase. As a result, the U.S. Energy Information Administration expects that further inventory withdrawals to meet rising crude oil demand will support crude oil prices through at least the end of April. View the full article


SPE/IADC keynote: Driving change toward a digital, low- carbon future

“We understand the industry is under political pressure from office-holding authorities and special interest groups, who want us to slow down on oil and gas activities, or change focus entirely to renewables. We cannot ignore this pressure, or the serious threat of climate change," said Equinor’s Executive Vice President, Technology, Arne Sigve Nylund. View the full article