The oil industry in South America is in sever need of positive stimuli – the Argentinian shale wonder has just survived a near-collapse of its government only to be stalled by the coronavirus, Venezuela is falling ever lower, whilst Colombia is struggling to kickstart its oft-lauded shale bounty. Suriname, a Dutch-speaking nation of some 600 […]
Crude oil prices inched up further today after the Energy Information Administration reported a crude oil inventory draw of 4.4 million barrels for the week to September 11. Fuel inventories were mixed. At 496 million barrels, the EIA said, crude oil stockpiles continue to be above the five-year average for this time of the year. […]
All homes and schools in Colorado should be protected from new oil and gas drilling by a 2,000-foot buffer or setback – four times the current standard for urban areas, a majority of the members of the Colorado Oil and Gas Conservation Commission said. In a session Wednesday to review proposed rule changes on setbacks, […]
