All posts tagged "Coronavirus"

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  832

  Oil & Gas News

  OPEC’s Next Hurdle: the Billion-Barrel Oil Glut Left by Covid-19

  Bloomberg – While OPEC has helped global oil markets recover from the coronavirus crisis, the cartel will soon face a new challenge:...

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  418

  Oil & Gas News

  Oklahoma Recovery: Can our economy recover from the pandemic?

  The Oklahoman – Oklahoma is a state that has learned how to live through boom and bust. While we are constantly working...

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  1.4K

  Exploration

  Oil in the age of coronavirus: a U.S. shale bust like no other

  Reuters – Texas oilman Mike Shellman has kept his MCA Petroleum Corp going for four decades, drilling wells through booms and busts...

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  687

  Exploration

  EIA forecasts U.S. oil boom will reverse amid coronavirus disruption

  AXIOS – Pain in the U.S. oil patch from the coronavirus outbreak is no longer on the horizon. It’s here, and several...

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  880

  National

  Bakken expected to recover faster from price collapse than in 2015 bust

  Williston Herald – A University of North Dakota economist anticipates that it won’t take as long for the Bakken to recover from...

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  2.3K

  Oil & Gas News

  After COVID-19, The Oil Industry Will Not Return To “Normal”

  Wal van Lierop – Forbes – The COVID-19 pandemic has shuttered the world’s economies, overwhelmed healthcare systems and taken loved ones from...

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  513

  Exploration

  Chaos and scrambling in the U.S. oil patch as prices plummet

  NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In...

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  524

  Exploration

  ‘We are on the verge of a massive collapse’: Ex-Energy Secretary Perry says COVID-19 will ravage oil industry

  USA TODAY – Former Energy Secretary Rick Perry believes that the oil industry could collapse because of the dramatic decrease in demand...

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  997

  Investing

  $20 oil sends energy companies to restructuring specialists in droves to avoid bankruptcy

  Houston Chronicle – Bankruptcy attorneys and restructuring experts are quickly becoming the most popular people in the oil patch. Energy companies are...

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  856

  Exploration

  Texas shale producers ask state to cut oil output as demand plummets during coronavirus pandemic

  Texas Tribune – Two Texas oil companies with large footprints in the West Texas oil patch sent a letter Monday to state...