Downstream

This post was originally published on this siteThe recovery of the Western Canadian Oil and Gas industry is well underway and demand for completions products has dramatically increased over the past year.  As global storage capacities are expected to hit all-time lows, the demand for energy products and services is forecasted to reach record highs […]

This post was originally published on this siteCurrently, the field services industry is being overwhelmed by the amount of information flowing between stakeholders: new ESG policies, maps, reports, field data, photos, financials, and the list goes on. Spreadsheets and paper-based systems are still in use; meanwhile, outdated and hard-to-use GIS software does not offer much

This post was originally published on this siteFORT WORTH, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) — 2021 RANGE RESOURCES CORPORATION (NYSE: RRC) (“Range” or the “Company”) announced the publication of an updated Corporate Sustainability Report today. The 2020-2021 Corporate Sustainability Report provides a detailed insight into Range’s approach, achievements, and goals on environmental, social, and

This post was originally published on this siteWASHINGTON, Nov 2 (Reuters) – The head of a U.S. House panel on Tuesday subpoenaed four major oil companies and two lobbying groups for documents related to their actions on global warming as part of a year-long probe into potential climate deception by the energy industry. Representative Carolyn

This post was originally published on this siteNov 2 (Reuters) – Shale oil producers Chesapeake Energy Corp and Devon Energy (DVN.N) on Tuesday topped Wall Street earnings estimates, as energy demand recovered from pandemic slump and prices hit multi-year highs. Chesapeake Energy’s third-quarter adjusted net income was $269 million, or $2.38 per share, topping forecasts

This post was originally published on this site(Bloomberg)  OPEC and its allies are expected to stick with plans for a modest increase in oil supplies this week, shunning calls from consumers to cool the price rally. The Organization of Petroleum Exporting Countries and its partners will probably ratify the scheduled December hike of 400,000 barrels

This post was originally published on this siteNov 2, 2021 (Bloomberg) As world leaders discuss the fight against climate change, global oil demand has bounced back above the key level of 100 million barrels a day last seen before the Covid-19 pandemic, according to BP Plc. Fossil fuel consumption is recovering despite growing urgency in the effort to

This post was originally published on this siteNov 2, 2021 (Bloomberg) Oil dropped toward $83 a barrel as the market focuses on a meeting of oil producers on Thursday and rising clamor for more crude from consumer nations.West Texas Intermediate futures for December delivery dropped 0.5% on Tuesday, with two days to go until the Organization

This post was originally published on this siteNov 2, 2021 (Bloomberg) As the U.S. and European Union sought to recruit nations in a first-ever pact to slash the world’s methane emissions, America’s climate envoy John Kerry kept his sales pitch simple.Signing the pledge, being released at the COP26 climate summit Tuesday, would amount to shared recognition of the problem

This post was originally published on this siteNov 2 (Reuters) – Conocophillips (COP.N) on Tuesday reported a third-quarter profit that blew past Wall Street expectations, thanks to a rebound in crude prices to pre-pandemic levels after more than a year of depressed fuel demand. Oil prices have climbed nearly 63% since the beginning of the year,