by byrdoilfield | Jul 22, 2020 | News & Info
Recently, a Russian-based ship with the ability to complete all of the pipelaying work for the Nord Stream 2 natural gas pipeline project departed a port in Germany before then entering waters located in Denmark, which is where the final section of the pipeline, which... 
by byrdoilfield | Jul 20, 2020 | News & Info
Crude inventories in the United States have recently been shown to hold a near-record high, while overall demand for gasoline remains at the weakest seasonal level in over two decades. While the New York futures closed at a four-month increase, the U.S. benchmark... 
by byrdoilfield | Jul 8, 2020 | News & Info
Four Reasons Why the Coronavirus and Oil Shock Could Be Positive for Climate Investment It’s certainly no secret that the ongoing coronavirus pandemic is a national emergency of such immense proportions. Many people and nations have been tragically affected by... 
by byrdoilfield | Mar 27, 2020 | News & Info
Under more normal circumstances, retail fuel prices decreasing wouldn’t also mean a decrease in consumption as well; however, recent events have been much different thanks in large part to the overall impact of the coronavirus. This specific situation has led... 
by byrdoilfield | Mar 26, 2020 | News & Info
According to the International Energy Agency’s most recent oil market forecast, the overall global oil demand is likely to decline as the year 2020 continues on thanks in large part to the coronavirus and its current impact around the world, as well as the... 
by byrdoilfield | Mar 25, 2020 | News & Info, Uncategorized
Corona virus affects oil industry – As many around the world are very likely aware of by now, the World Health Organization has officially declared the coronavirus outbreak, also commonly referred to as COVID-19, a pandemic. As a result, this has led to many...