FROM THE OIL PATCH
Natural gas producers jockey for position as focus shifts to hydrogen
The global natural gas industry is in an existential race: either find a way to be part of the next generation of energy or risk getting supplanted by alternatives. BP, Sinopec, Equinor and Royal Dutch Shell are among the producers looking to hydrogen to help secure demand that otherwise may
Iran should target 1970s-era oil output levels, says oil minister
Iran’s oil minister said the country can increase its crude production rapidly, as world powers enter the final stages of
FERC to Set Up New Office to Fund Pipeline Opponents
The Federal Energy Regulatory Commission (FERC) is in the process of setting up a new office responsible for helping pipeline
The worst is yet to come for cyberattacks
Without new regulations, cyberattacks will just get more disruptive It seems like every other day cybercriminals go after a new industry and disrupt people’s lives. This time, it’s a ransomware attack that took out the servers of the world’s largest meat producer JBS, halting production at a number of facilities in
AISI Comments on CRU Steel Industry Study
Kevin Dempsey, president and CEO of the American Iron and Steel Institute (AISI), today issued the following statement in response to the release of a study by CRU International that was commissioned by the Climate Leadership Council (CLC), entitled “Leveraging a Carbon Advantage: Impact of a Border Carbon Adjustment and
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Departure of U.S. oilfield service firms could help margins return
Small U.S. oilfield service companies are selling equipment and shutting their doors as business activity shrank last year and contract prices have remained below profitable levels despite oil-price gains. The companies that provide equipment and services to the shale oil industry were among the hardest hit after the coronavirus pandemic
CRUDE OIL WEEKLY UPDATE (Week Ending 06-04-21)
Crude Oil Summary (EIA): U.S. crude oil refinery inputs averaged 15.6 million barrels per day during the week ending May 28, 2021 which was 358,000
NATURAL GAS WEEKLY UPDATE (Week Ending 06-04-21)
In the News (EIA): New infrastructure increases takeaway capacity out of West Texas: Recent completions of pipeline projects in Texas and Mexico have increased natural
Zekelman Industries Steel Snapshot for May 2021
(by Mike Mechley, Executive VP of Strategic Procurement, www.ZekelmanIndustries.com) Platts May HR Coil $1,514, up $171 from April. NLMK Pa had an unplanned outage, they
Preston Pipe Report – May 2021
(by Paul Vivian and Rick Preckel, www.prestonpipe.com) Market Monitor – According to the US EIA there are about 14 new natural gas pipeline projects in
Pipe Logix Line Pipe Report – May 2021
(by Kurt Minnich, www.pipe-logix.com) Line pipe prices were up $143/ton or 7.6% in May with 9 items tracked by Pipe Logix up by 10% or
AISI – Press Release on Latest U.S. Imports of Steel Products – MAY 2021
(American Iron and Steel Institute, www.steel.org – May , 2021) Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the
NAPCA Summer Workshop
Houston, Texas
OCTG & LINE PIPE FORECASTING SUMMIT 2021
Hyatt Regency Houston
NAPCA Annual Convention
JW Marriott Hill Country Resort
San Antonio, Texas
