2020 was a volatile year for the energy industry. Many challenges remain as the pandemic continues, the energy transition accelerates, and policies change under the Biden administration. Here are eight key energy trends oil and gas companies should watch. … READ MORE >
energy
3 things to know this week in energy: Canada consolidation, oil prices, and tech invests in renewables
Major tech investment in renewable energy continues, freezing weather lifts oil prices up, and Canada’s energy market sees another major consolidation announcement. Biweekly, we highlight three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
3 things to know this week in energy: Drilling permit suspension pushback, Keystone XL and shale oil
This is the first installment of a new biweekly news roundup from RSM about three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
Economic recovery drives up raw material prices
As manufacturing activity rebounds, companies are experiencing not just volatility in demand but also in raw material prices, which have been rising. … READ MORE >
The Biden administration’s suspension on federal drilling permits: an explainer
In line with President Joe Biden’s campaign promises, the U.S. Department of the Interior last week under his new administration suspended approvals of new oil and gas drilling permits and leases across domestic federal lands for 60 days. … READ MORE >
CHART OF THE DAY: OPEC’s response to a drop in demand
The demand for gasoline dropped like a stone as Americans remained in their homes during the pandemic, and that drop in demand left OPEC in a quandary. … READ MORE >
Oil prices show unprecedented volatility in 2020, and a path to recovery remains uncertain
The unprecedented imbalance the oil market has experienced for much of 2020 has garnered extraordinary responses from both oil producers and policymakers. Oil and gas companies have been forced to reposition themselves during the downturn in order to prepare for a comeback. … READ MORE >