Energy Sector’s COVID Recovery Turns into Massive CEO Payday

(Reuters) – The CEOs of America’s biggest oil companies were paid a lot more in the first year of the COVID crisis than initially estimated, thanks to stock-heavy compensation packages that have since soared in value, according to an examination of pay disclosures over three years. The pandemic, with lockdowns the norm, resulted in a …

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What if … You Could Take a Smart Phone On Site? – Geoffrey Cann

It would rock your world By Geoffrey Cann “Wow!”, exclaimed Kelly, the site supervisor at the large petrochemical plant. “Are you telling me that I can take my iPhone onto the site? It’s safe now? What can I do with it?” Yes, Kelly, you can, IF you have the right phone AND the right case. In a previous article I set out …

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Column: Investors ignore OPEC+ to focus on consumption outlook: John Kemp

(Reuters) – Portfolio investors had become increasingly bearish about the outlook for oil prices in the run up to the meeting of the extended OPEC⁺ group of oil exporters on June 3-4. Hedge funds and other money managers sold the equivalent of 32 million barrels in the six most important petroleum futures and options contracts …

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Saudi Arabia, US Make Tentative Steps Toward Healing Deep Rift

US Secretary of State Antony Blinken’s visit to Saudi Arabia this week is the latest sign of improving relations after last year’s dispute over oil, with collaboration underway on Sudan, Ukraine and space. Joe Biden’s administration has expressed eagerness to repair ties with Riyadh, once one of Washington’s closest allies in the Middle East. That marks a …

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Here’s What Morgan Stanley to Goldman Say About Saudi Output Cut

Saudi Arabia pledged an additional production cut in July to stabilize the oil market, ceding ground to two of its key allies — Russia and the United Arab Emirates — which made no commitment to curb further. Here’s what leading analysts have to say about the kingdom’s move to go it alone with a 1 million barrel-a-day …

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A PREMIER EVENT: LNG2023: July 10-13, 2023 – Vancouver Convention Centre, Vancouver, B.C.: DETAILS HERE

LNG2023 is the 20th edition of the world’s largest triennial LNG conference and exhibition, and as the preeminent meeting of the international gas industry brings together senior industry leaders, government representatives, technical experts, and key stakeholders. Up to 15,000 delegates and stakeholders from more than 85 countries will gather at LNG2023 in Vancouver, Canada to …

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