Before the drone attacks occurred on the dictators from desert Kingdom, the U.S oil sector was on a slow-paced downwards momentum. U.S rig count was…
Author: News
No need to tap into Strategic Petroleum Reserve
Harold Hamm, chairman, and CEO of Continental Resources on the drone wars and oil volatility.
So much for that $100.00 a barrel oil
Brent crude futures, the international benchmark, fell $4.41 or 6.39%, to $64.61 after Saudi Dictators in the desert said oil output will be fully back…
$1.5 trillion IPO up in smoke?
New security fears jeopardize Saudi Aramco’s public stock offering following the attack. last week Saudi Aramco CEO Amin Nasser told media, the company would list…
Are Electric frac fleets the future of frac? Maybe…
At least for some, the high cost of capital needed upfront in order to pay for these frac fleet is not worth the price. It’s…
Fracking ban talk will hurt Democrats in 2020
Like we said before. Curbing fracking could also make it harder for Democrats to win the White House in the first place, given that they…
Half of Saudi Arabia’s oil industry got taken offline by 1 drone
Yemen’s Houthi group said it attacked two plants at the heart of Saudi Arabia’s oil industry on Saturday, Taking out more than half the Dictatorships…
T. Boone Pickens dies at 91
T. Boone Pickens, a celebrated corporate raider and energy industry magnate who built an empire out of an initial $2,500 investment, died on Wednesday at…
Blockchain in Bakken “North Dakota” oilfield
In a bid to lower administrative costs in their field operations while also reducing payment disputes and chances for fraud, The OOC Oil & Gas…
Why Sen. Elizabeth Warren won’t be President.
Sen. Elizabeth Warren, Massachusetts Democrat, said Friday she would immediately ban fracking if elected president, drawing pushback from critics who said the move would cripple…
More Oil With Less Drilling Rigs
According to a recent Bloomberg story: “In June 2014, the U.S. pumped 8.4 million barrels of crude using 1,545 drilling rigs. Last month, it produced…
PEMEX – China Oil and Gas Partnership is heating up
Mexican state-owned giant Pemex has chartered two jack-up rigs built and currently owned by Chinese yard CIMC Raffles. They are able to operate at a…
China has begun imposing new tariffs to crude oil from the U.S
China has begun imposing new tariffs to crude oil from the U.S. In the continued escalation to Trump’s trade war, China also filed a complaint…
EPA Revokes Anti Oil Industry Rules?
The EPA proposed updates to the prior administration’s national standards for the oil and natural gas industry. The proposal would remove duplicative regulations and save…