Permian ‘child’ wells may cut oil recovery up to 20%, bank says ChronOil producers drilling so-called parent-child wells in the Permian Basin are risking the loss of 15% to 20% of the crude that can ultimately be recovered from ... Read more htt …
Oil theft cost Nigeria $1.35 billion, group urges legal task force Reuters AfricaNigeria lost $1.35 billion to oil theft in the first six months of this year and needs a legal task force with special courts to tackle it, a government committee s …
Coast Guard medevacs man from oil tanker offshore near Cape Lookout WCTI12.comThe Coast Guard medevaced an oil tanker crewmember from an approximately 260 miles southeast of Cape Lookout on Thursday evening. Officials say a ... Read more http:/ …
Permian Hotspot Tracks Methane as Oil Boom Spurs Climate Concern BloombergNew Mexico is turning to satellites and artificial intelligence to track methane emissions as soaring oil and natural gas production from the Permian Basin stokes ... Read …
Saudi oil attack shines light on geopolitical truth and lies The GuardianDisentangling responsibility has been made so much harder by casual peacetime mendacity. Read more https://www.theguardian.com/world/2019/sep/19/saudi-oil-attack-shines-lig …
Iran threatens 'all-out war' if action taken over Saudi oil strike The GuardianIran's foreign minister has warned any attack on his country in response to its alleged role in a drone and missile strike on Saudi oil facilities would result in ... …
ABS partners with SHI for LNG vessel development project Ship TechnologyMaritime classification society American Bureau of Shipping (ABS) and South Korean shipbuilder Samsung Heavy Industries (SHI) have signed an agreement to ... Read more http …
If the world ran on sun, it wouldn’t fight over oil The GuardianThe climate crisis isn't the only reason to kick fossil fuels – the prospect of a war to protect Saudi crude reminds us of that, says environmentalist and author Bill ... Read more …
Stand up to Iran's oil market terrorism Washington ExaminerThe global oil market lost more supply on Saturday than on any single day in its recorded history. As soon as the markets opened, prices spiked more in one day ... Read more https://www …
Chevron Can Resume Saudi-Kuwait Oil Field Quickly If Needed: CEO BloombergChevron Corp. could start oil production “relatively quickly” in the so-called partitioned zone between Saudi Arabia and Kuwait if required to by both nations, ... Read mo …