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Qatar, the world’s biggest exporter of liquefied natural gas, said it would be wrong to commit to eliminating planet-warming emissions without having a proper plan in place. View the full article
China’s widening power crisis, which has forced rationing across the country and threatens to derail economic growth, is prompting policy makers to rethink the pace of the nation’s energy transition. View the full article
NexTier Oilfield Solutions Inc. shares soared more than 20% after the frac provider disclosed higher-than-expected quarterly sales, signaling an acceleration in U.S. shale drilling. View the full article
Forum Energy Technologies (FET) has delivered two work-class ROV sales to Brazilian marine engineering company Oceanica Engenharia e Consultoria Limitada to support its deepwater intervention operations and strengthen its offering to the energy sector. View the full article
Shell will migrate from their current in-house software to Imaging AnyWare, a modern, fully integrated enterprise-class imaging system renowned for its efficiency, flexibility and usability. The choice of TGS’ Imaging AnyWare represents a significant validation of the software's excellence. View the full article
Deirdre Michie OBE has today formally announced that at the end of 2022 she will hand over the reins after almost eight years as Chief Executive of Offshore Energies UK. 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
Urgent moves to bring forward the construction of “energy islands” – giant new offshore renewable energy conversion and transmission plants – are being supported by a major new safety advisory and assurance study. View the full article
National Ocean Industries Association President Erik Milito said Interior has had 16 months to fulfill its statutory obligation to develop and maintain an offshore oil and gas leasing program and it has failed. View the full article
Some U.S. lawmakers are seizing on the energy price surge to revive long-standing legislation that would subject the OPEC oil cartel to the same antitrust laws used more than century ago to break up Standard Oil’s monopoly. View the full article
Billionaire Harold Hamm may trigger a bidding war for Continental Resources Inc. with his $4.3 billion takeover offer for the shale powerhouse he founded. View the full article
Now in its second year, this program is free to students and educators and its mission is to empower and encourage them to delve into the energy industry and its many career fields through a variety of video showcases, virtual tours, and virtual visits to classrooms by respected professionals. View the full article
Iraq approved a state company’s potential purchase of Exxon Mobil Corp.’s interest in a huge oil field in the south of the country. View the full article
Exxon Mobil Corp. pledged to zero out some greenhouse-gas emissions in North America’s biggest oilfield by the end of the decade. View the full article
The U.S. may allow more sanctioned Iranian oil onto global markets even without a revival of the 2015 nuclear accord, according to the biggest independent crude trader. View the full article
The American Petroleum Institute announced a new initiative designed to attract more veterans and transitioning service members into meaningful and well-paying careers in the natural gas and oil industry. View the full article
Some EU leaders are leaning toward a deal that would ban seaborne oil while temporarily sparing deliveries through a key pipeline to give landlocked Hungary more time. View the full article
The long-recognized significant safety risks associated with the manual emergency release of mooring systems are minimized with PODx (Powered Offshore Disconnect), a new automatic actuation system from Gall Thomson. View the full article
Wood, a global consulting and engineering company, announced the appointment of Azad Hessamodini as Executive President of its Consulting business and the latest member of the firm’s executive leadership team. View the full article
Chevron Corp. lifted its production target in North America’s biggest oil field in a sign that U.S. shale is responding to $100-a-barrel crude despite rising cost pressures and equipment shortages. View the full article
Worley and Chevron Corporation have entered into a global master services agreement covering Chevron’s upstream, midstream, and downstream business needs. View the full article
European refiners continue to lap up North Sea crude to seek replacements for Russian oil in response to the war in Ukraine. View the full article
Shale drillers saw their debt burden fall further in the second quarter, signaling extra room for them to pay dividends, buy back shares or make acquisitions. View the full article
Royal Dutch Shell Plc faces a growing campaign against its plans to conduct a seismic survey of potential oil and gas reservoirs off South Africa’s rugged coastline. View the full article
Oil in London rose past $85 a barrel for the first time since 2018, the latest milestone in a global energy crunch that has seen prices soar. View the full article
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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.