News

May 29, 2020

Coronavirus creates repair headache for oil and gas industry

The coronavirus pandemic has disrupted maintenance at oil and gas projects and refineries from Russia’s Far East to the coast of Canada, storing up problems for […]
May 29, 2020

Texas oil and gas industry cut record 26,300 jobs in April

The oil and gas industry shed a record-breaking 26,300 jobs in Texas during April as shutdowns related to the coronavirus pandemic cut demand and sent commodity […]
May 29, 2020

Pandemic Triggers Record $400 Billion Drop In Energy Investment

The COVID-19 pandemic will result in the biggest annual drop in energy investments on record—nearly US$400 billion, the International Energy Agency (IEA) said in its new […]
May 29, 2020

Gulf Keystone Petroleum Gave Away Crude Oil For Free In April

As the price of WTI fell below the $0 mark last month, Gulf Keystone Petroleum Ltd., a seller of Shaikan crude oil produced in northern Iraq, […]
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