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All posts tagged "Coronavirus"
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653Oil & Gas NewsOPEC’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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272Oil & Gas NewsOklahoma 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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1.2KExplorationOil 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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537ExplorationEIA 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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740NationalBakken 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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2.0KOil & Gas NewsAfter 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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409ExplorationChaos 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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440Exploration‘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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817Investing$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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659ExplorationTexas 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...