Thursday, November 28, 2024
U.S. was net exporter of crude, fuel for five straight weeks, longest streak on record: EIA- oil and gas 360

Halliburton to furlough 3,500 employees in Houston amid falling oil prices

Houston Chronicle Oilfield service giant Halliburton plans to furlough about 3,500 employees of its Houston headquarters for the next two months amid grim market conditions that include four year-low oil prices and the coronavirus outbreak. Employees at the company’s North Belt Campus will work one week and take one week off during the 60 days, the company said. Employees won’t be

Buffalo Coals Position on COVID-19 - oilandgas360

Buffalo Coal’s Position on COVID-19

Buffalo Coal is a South Africa based company, with its head office based in Centurion, Gauteng, and its mining operations based in Dundee, KwaZulu Natal. South Africa reported its first positive case of COVID-19 on March 5, 2020. As at March 18, 2020 a total of 116 confirmed cases have been reported.

U.S. crude oil inventories decrease by 2.0 million barrels- oil and gas 360

U.S. crude oil inventories increase by 2.0 million barrels

Weekly Crude Oil Storage as of March 13, 2020 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 2.0 million barrels from the previous week. At 453.7 million barrels, U.S. crude oil inventories are about 3% below the five year average for this time of year, according to the EIA crude oil and petroleum weekly