← Go back to All Blogs
Water management and risk prevention specialist OWM Group has been awarded a two-year framework agreement to provide potable water management products and services to decommissioning specialists Well-Safe Solutions. View the full article
U.S. natural gas collapsed to the lowest level in more than four months as record-high temperatures kill heating demand ahead of winter. View the full article
Oil rallied as supply concerns took center stage with the EU threatening to ban Russian supplies this year and U.S. regional fuel inventories dropping to record lows. View the full article
The oil producers’ group OPEC+ will likely take a cautious stance when deciding this coming week whether to go ahead with planned output increases after the emergence of a new coronavirus variant sent crude prices tumbling, according to Vitol Group. View the full article
North Sea-focused oil and gas operator Ithaca Energy announced that its acquisition of Siccar Point Energy, an Aberdeen-based energy company, has been completed with all conditions having been met. View the full article
President Joe Biden acknowledged that OPEC+ countries won’t increase oil output enough to meet U.S. demands and left the door open to a range of options, as the administration weighs whether to tap the Strategic Petroleum Reserve. View the full article
The Railroad Commission of Texas (RRC) assessed $1,008,396 in fines, involving 228 enforcement dockets against operators and businesses at the Commissioners’ Conference on Wednesday. View the full article
From a barbecue lunch at an LNG terminal in Texas to commercial talks near Capitol Hill, American natural gas companies are making a multi-state push to woo potential European buyers. View the full article
Among other things, Microsoft is making it possible for Exxon to analyze reams of oil field data. Amazon is helping drillers run simulations to maximize how much oil they can pump from existing wells. View the full article
As a resource-rich country on the leading edge of many clean energy technologies, Norway is uniquely well placed for the clean energy transition, according to a new in-depth policy review by the International Energy Agency. View the full article
Energy Workforce & Technology Council CEO Leslie Beyer applauded the Supreme Court ruling in WVA vs EPA that limits EPA’s authority to regulate greenhouse gases from power plants. View the full article
CGG, a global technology and HPC company, announced a major multi-year global data transformation and curation agreement with bp, that will play a key role in supporting bp’s Subsurface digital strategy. View the full article
View the full article
Quarterly and annual results only give you a snapshot showing what has been happening in recent months, so they do not tell you much about longer-term trends, said Will Webster, energy policy manager at Offshore Energies UK. View the full article
Wentworth Resources, an independent, Tanzania-focused natural gas production company, announces that it has reached agreement with Scirocco Energy plc to acquire its 25% non-operated working interest in the Ruvuma Production Sharing Agreement, in Tanzania. View the full article
Nigeria’s state energy company won a court decision temporarily blocking Exxon Mobil Corp. from selling assets in the country to Seplat Energy Plc. View the full article
Libya boosted oil production to more than 1 million barrels a day, a milestone for the North African country where output had more than halved since mid-April. View the full article
Neptune Energy announced it will spend more than $1 billion over the next five years securing energy supplies for the UK and speeding the transition to net zero. View the full article
The loan for the Scarborough project, which is scheduled to deliver its first LNG shipment in 2026, will come from the Japan Bank for International Cooperation. The public financial institution has stepped-up efforts to secure LNG, including granting loans for fuel purchases. View the full article
Hess Corp. shareholders approved the company’s proposal to be acquired by Chevron Corp. for $53 billion by a razor-thin majority of 51% of shares outstanding. View the full article
Seeq, a leader in industrial analytics, AI, and monitoring, and Equinor announced a multi-year commercial agreement for the Seeq Industrial Analytics and AI platform, to be leveraged across Equinor’s global assets to further accelerate digital transformation outcomes. View the full article
Colombia is targeting oil productiton of 1 MMbpd by pressuring drillers to step up activity in underused exploration blocs, according to the nation’s top energy official. View the full article
Aramco and NextDecade Corporation announced that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-year liquefied natural gas sale and purchase agreement (LNG SPA) for offtake from Train 4 at the Rio Grande LNG Facility at the Port of Brownsville, Texas, USA. View the full article
“Texans can rest assured that the RRC and other state agencies won’t lift a finger to help with this nonsense, because the Texas Energy Independence Act prohibits state agencies from facilitating any effort that would undermine Texas oil and gas production," Commissioner Wayne Christian said. View the full article
Energy Workforce & Technology Council President Tim Tarpley issued a statement in response to Energy Secretary Jennifer Granholm’s testimony before the U.S. House Committee on Oversight. During the hearing, Representatives discussed the ongoing LNG export permit pause, the push towards electric vehicles and energy appliance standards. View the full article
![](http://s3.amazonaws.com/community.oilprice.com/monthly_2021_01/d.gif.6b0cbf4062bbff049656ea4a878824d6.gif)
-
entries
2,497 -
comments
128 -
views
355,105
About this blog
I started this blog to express what I sense about the highs and lows of the oil realm, while cautiously analysing historical data, taking into account the geo-political development at the time of recording them.
I got into this field, having been a passive observer of fluctuations of crude oil prices and their global consequences for years.
Then, when on the day of Great Oil Crash in April, 2020, I made a decision to make my own blog, with the motto, ‘analysing data that really matters’.
Having come from an academic background in mathematics and physics, I analyse data using my own tools, created with JavaScript and Python, taking my decision on board while making decisions.