Bankr: US oil and gas rigs in operation drop by 60% from February-November 2020
The USA oil and gas rigs in operation have dropped by 59.49% as recorded between February 2020 and November 2020, according to a data presented by Bankr
Industry
Oil prices continue to grow on the back of Saudi Arabia’s promised production cuts
As the oil prices, and especially WTI, rose on Thursday as a result of the promised Saudi production cuts, falling crude inventories and political turmoil in the USA, Rystad Energy’s head of oil markets Bjornar Tonhaugen has analysed the scenario
Total enters an operated exploration permit in Egypt
An international consortium led by Total and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement for the North Ras Kanayis Offshore block located in the Herodotus Basin, offshore Egypt in the Mediterranean Sea
The oil markets in 2021
Will the New Year offer much-needed relief after the unprecedented and historic 2020 turbulence in energy markets? Economist Moin Siddiqi shares his thoughts on key trends to look out for in 2021
Global oil and gas processing seals market to grow at a CAGR of more than 2%
The oil and gas processing seals market by revenue is expected to grow at a CAGR of more than 2% from 2020-2025, according to a report by ResearchAndMarkets
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