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News
Wyoming History: Lance Creek Oil Workers Feared They Were On Hitler’s Hit List
1+ hour, 35+ min ago (1374+ words) Workers in the Lance Creek oil fields in Niobrara County during World War II feared during they were on Hitler's hit list because 25% of Wyoming’s oil came from the area. Hitler never struck, and now about 50 people remain in a…...
US consumer prices accelerate in August, push Fed closer to rate hike
1+ day, 4+ hour ago (548+ words) By Lucia Mutikani WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing...
Doug Casey on the Coming Oil Shock—and Where Investors Could Profit
4+ hour, 2+ min ago (467+ words) Uncover the truth behind the oil shock and the government's role in managing the Strategic Petroleum Reserve effectively....
Iraq signs 25-year deal to develop Ajil oilfield
4+ hour, 25+ min ago (140+ words) BAGHDAD: Iraq’s North Oil Company signed a 25-year contract with private Iraqi project developer KEPPT to develop and operate the Ajil oilfield, the prime minister’s office said on Saturday. The agreement aims to raise the field’s gas output gradually to…...
America In Focus: inflation accelerated in August, home sales weaken and diesel prices soar – WTOP News
4+ hour, 42+ min ago (769+ words) The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs…...
Inflation ticked up in August, setting the stage for the Fed to hike interest rates
1+ day, 12+ hour ago (679+ words) The prices U.S. consumers pay for goods and services continued to climb in August, with the Bureau of Labor Statistics finding that inflation ticked up even before renewed conflict in the Middle East sent oil prices soaring again. The consumer price…...
Ukraine's energy needs estimated at $91 bln over next decade – minister
11+ hour, 52+ min ago (386+ words) Ukraine's energy needs for the coming decades are estimated at least $91 billion, First Deputy Prime Minister and Minister of Energy Denys Shmyhal said during a dialogue with Canadian entrepreneurs attended by President of Ukraine Volodymyr Zelenskyy. Shmyhal said that in…...
Dr. Daniel Sutter: Oil market turbulence
12+ hour, 2+ min ago (791+ words) The price of oil has had more ups and downs than a roller coaster since the start of the Iran conflict. The turbulence results from parties coming together to determine what to expect for the most important commodity. Markets combine…...
BRICS backs diversified energy mix, says fossil fuels remain important for EMDEs
13+ hour, 47+ min ago (207+ words) ...
From logbook to per-joint record: how oilfield workshops digitised connection make-up
14+ hour, 41+ min ago (190+ words) A pipe-yard task done by hand for a century now produces a per-joint digital record. What is in it, who uses it, and why operators started demanding it....