Completion of Nord Stream 2 Gas Pipeline Expected Soon
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...
Prices of Oil Finish Higher
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...
COVID’s Effect on Oil Demand
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 the...
The Next Quarter is Critical for the Oil Industry Thanks to the Coronavirus
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 many oil...
Global Oil Likely to Decline in 2020 as Coronavirus Remains a Big Concern on Markets
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 virus's...
Three Ways in Which the Coronavirus is Affecting the Offshore Oil Industry
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 different...
Five Common Oilfield Myths
Oil myths. Chances are you've likely heard quite a few stories about the oil and gas industry over the years, and you're probably wondering which of them are true and which of them are false. With this type of industry being perhaps one of the most valuable in the...
Oilfield well types
Oilfield well types. Generally, oil wells are marked by oil pump jacks that dot an entire production area; however, this typically depends on the overall size of the field beneath the ground. Many people tend to assume that these jacks pump out black oil; however,...
Crude Oil vs. Natural Gas
When it comes to crude oil and natural gas, these are both fossil fuels that are formed from the remains of both dead plants and animals throughout thousands of years. Furthermore, they consist of various hydrocarbons that are compounds of carbon and hydrogen, and...
Entry Level Oil Field Jobs
Entry Level Oil Field Jobs​When it comes to working in an oilfield, this is a job that certainly isn't for the weak. This is because it requires all sorts of long hours, working in inclement weather conditions, traveling, staying in hotels, working in practically the...