Methane hydrates could become an energy game changer. However, much effort is needed to unlock the natural gas power packed into the 3-D ice structures.
U.S. working gas stocks in underground storage rose by 62 billion cubic feet (Bcf) to 3,499 Bcf in the week ending on Sept. 9.
Data from EIA show that the oil-dominant Bakken, Eagle Ford, Niobrara and Permian regions had a combined 4,117 DUCs at the end of August.
Volatility appears to be an intrinsic quality of oil markets rather than an incidental problem to be solved through improved forecasting, management and coordination.
As part of the program, nearly $6 million will be within reach for eligible public school teachers in need of funds for classroom projects.
Big exporters want an oil price that keeps the most marginal production out of the market, but high enough to relieve the stress on their fiscal positions.
It is a time to be pro-active and look at all the development routes in front of you.
Water may be just about everywhere, but water woes still exist when it comes to energy production.
Like many firsts, the livestream broadcast did not go off without any glitches. But the display of transparency was appreciated.
A closer look at the kingdom’s recent production, consumption and export statistics paints a more nuanced picture.
Additional U.S. oil export opportunities could exist, if there is a need.
Previous attempts to reach a deal on cutting or freezing production at OPEC meetings in 2014, 2015 and 2016 ended in failure.