U.S. Shale Outperforms Expectations In Q1

Following the publication of the energy industry’s first quarterly results since the Covid-19 outbreak, a Rystad Energy analysis reveals a surprising contrast. While the oilfield service (OFS) market has taken a massive hit in earnings and profit margins, US shale operators had an impressive quarter under the circumstances, which even ended up in increased dividends. A preliminary analysis of 204 ...

Source: Oilprice.com

Canada Remains Biggest Energy Supplier To The U.S.

Canada is the top energy trade partner of the United States and was the largest source of American energy imports last year, the U.S. Energy Information Administration (EIA) said on Friday. According to the latest annual Standard International Trade Classification (SITC) data from the U.S. Census Bureau, the value of U.S. energy imports from Canada stood at ...

Source: Oilprice.com