In finance, a “black swan” is an unpredictable event with severe consequences for investors. Black swans have occurred throughout modern history but rarely has the world experienced a double black swan, such as the impact of the Covid-19 crisis and the imbalance between oil supply and demand. In this...
Russia’s invasion of Ukraine and the ensuing global fallout from that war have reminded global leaders of the critical nature of maintaining energy security for every nation. It is generally accepted now that Russian President Vladimir Putin would not have sent his army into that much smaller European nation...
Bakken Shale – North Dakota/Montana
Mid-cap independent producers Oasis Petroleum and Whiting Petroleum agreed to merge in early March, creating a ‘mini-major’ operator in the Bakken Basin. In a prepared statement, the companies said, "The combined company will have a premier Williston Basin position with top tier assets across approximately...
The San Antonio Pipeliners Association hosted the 2022 Midstream Open Golf Tournament on April 15. The event kicked off with cool and comfortable weather for attendees to network and enjoy a day at the golf course. Sponsors and attendees were seen mingling and making industry connections throughout the tournament...
After more than a month of fighting, Russia’s invasion of Ukraine has devolved into a grinding war of attrition replete with indiscriminate attacks on Ukrainian civilians, cities and infrastructure. The U.S., Canada, Western European allies and others have responded with increasingly severe sanctions that have isolated Russia and decimated...
Even poor Joe Biden has seen the light on LNG as the only way to get Europe off dependence on Russian gas. What he hasn’t grasped, though, is the fact we can’t get the LNG to places such Germany without pipelines and ports.
Indeed, the Biden Administration has done nada...
In reading through this issue of SHALE Magazine, you will notice a heavy focus on events surrounding Russia’s war on Ukraine. That was not our plan for this issue when the year began, but everyone has a plan and they tend to fall apart as soon as the first...
One of the most important questions you might ask yourself if you are in the oil and gas industry is what energy costs will be in the future. Nobody can say for sure how the energy market will behave, it is impossible to predict such a volatile market. But...
Unless you’ve already done the smart thing and retired to the wilderness of your choice, you’ve probably heard the news that the European Union struck a deal with the United States to considerably boost its intake of American LNG.
Considerably in this case means an additional 15 billion cubic meters...
The hydrogen economy has been a discussion in academia and with researchers for decades. The most substantial effort to bring it to reality occurred during high oil prices in the early 2000s, yet as with every previous effort, it ended with unprofitable projects and disappointed investors. As the climate...
