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The V-shaped recovery for oil demand is likely to end up looking lopsided. The recent rapid rise in consumption is expected to stop before it gets back to the peak seen earlier this year.

An economic downturn and global pandemic are among many issues US midstream operators are dealing with in 2020, including exposure to upstream bankruptcies, limited M&A activity, and regulatory issues.

Through a combination of reducing operational emissions and offsetting projects, the shale-gas producer has set a new benchmark for its sector.

The 3-year contracts were awarded to Solstad, OceanPact, and Fugro.

The International Association of Oil and Gas Producers has released the second edition of its “Environmental Management in the Upstream Oil and Gas Industry” report. For this edition, IPIECA, the oil and gas industry group focused on environmental and social concerns, has added its expertise.

Seeking to become an energy producer, the Middle Eastern country is exploring for natural gas in the Black Sea and the Eastern Mediterranean Sea.

The US Bureau of Land Management’s August auction will be the first since March.

Several E&P and OFS companies have already filed for Chapter 11, but unless prices strengthen the total number of filings could be as high as 190 by 2022.

The oil and gas industry has increased financial security for many by providing well-paying jobs, yet those opportunities have not been available to all. How can the industry increase diversity and access to well-paying jobs for women, African-Americans, and other under-represented groups?

In the region’s second bankruptcy of the month all of the operator’s assets will be sold to a private equity energy group, pending court approval.