The IEA raised its forecast for oil demand this year to 99.3 MMbbl/d from 97.8 MMbbl/d in 2017.
Blu Hulsey, senior vice president of government and regulatory affairs at Continental Resources, discussed the unique deregulation opportunity in Washington these days as well as the permitting process.
By the end of 2018, Energent expects over seven million tons of premium frack sand to be mined inside the Permian Basin every quarter.
A federal appeals court on March 7 rejected the U.S. government’s bid to halt a lawsuit by young people claiming that President Donald Trump and his administration are violating their constitutional rights by ignoring the harms caused by climate change.
Ben van Beurden outlined how Shell executives have focused on initiatives to combat emissions as climate change concerns continue to alarm the industry.
Oil prices pared losses after the EIA data as most market participants had expected a bigger increase in inventories amid refinery maintenance season.
CERAWeek panel discusses the factors that will both elevate and dampen North American shale.
"It was quite a congenial group of people. We had a really wonderful conversation," said Tim Dove, CEO of Pioneer Natural Resources.
The weak global investment picture remains a source of concern as the IEA predicts robust demand growth for oil of 104.7 MMbbl/d by 2023.
States, such as Alaska, Oklahoma and Louisiana, that benefited from the energy boom were left reeling when prices collapsed in mid-2014, leading to a continuous scramble to make up for lost oil-related revenue.