Friday, December 13, 2024
Rystad- oil and gas 360

U.S, Shale Recovery Leans On Huge Inventory Of DUCs

Rystad The recovery of fracking operations in the US is happening largely thanks to an unusually high inventory of drilled but uncompleted wells (DUCs), which is strong enough to sustain the current level of fracking without the industry adding more rigs to expand drilling deep into 2021, a Rystad Energy analysis shows. After DUCs run out, however, rig activity in

Turkish President Recep Tayyip Erdogan - oilandgas360

Erdogan raises rhetoric in Greece standoff in Mediterranean

AP Oil & Gas 360 Publishers Note: This is a growing concern in the Mediterranean around energy independence. At the center of this unrest is abundant natural gas fields in the Mediterranean. ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan on Saturday warned Greece to enter talks over disputed eastern Mediterranean territorial claims or face the consequences. “They’re either

Saldanha Bay is a strategic storage point - oilandgas360

More Nigerian oil likely to move into storage

Energy Mix Nigerian light sweet crude and those from other West African producers have been struggling to clear for September and October loading, and are likely to move into storage. Some oil traders are once again looking to store oil onshore as sentiment on the physical crude market starts to turn bearish again, according to S&P Global Platts. The emerging

Egypt- Cyprus intensify discussions over joint gas pipeline project - oilandgas360

Egypt, Cyprus intensify discussions over joint gas pipeline project

Energy Mix Egyptian and Cypriot officials have intensified discussions over preparations for a joint gas pipeline project aimed at transforming Egypt into a regional energy trade hub, a government source revealed on Monday. According to the official, the joint scheme would see natural gas from the offshore Aphrodite gas field in Cyprus piped to liquefaction plants (which convert gas into

Rooftop revolution: Coronavirus chill upends solar power industry-oil and gas 360

ESG gets pushback at Barclays, but it’s still a ‘significant opportunity,’ strategist says

CNBC Is ESG worth it? Analysts at Barclays grappled with that question in a recent report titled “ESG funds: Looking beyond the label,” a look at whether investing in assets based on environmental, social and governance factors actually leads to better financial outcomes. In the report, the firm wrote that growth in ESG “has been driven by interest in sustainable investing rather

Why the World Worries About Russias Natural Gas Pipeline -oilandgas360 - Fig 2

Why the World Worries About Russia’s Natural Gas Pipeline – and the political unrest

Shell Oil & Gas 360 Publishers Note: This is an excellent summary of some of the natural gas dependencies and geopolitical problems it involves. What the article is missing is the new players to this evolving drama with potentially disastrous results. Turkey, and others, have started on a mission to become energy independent. The new discoveries of  large natural gas