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27Jul2021 Market Close: BTFDers Saved Wall Street With Major Indexes Closing Higher Well Off Session Lows, DOW Closed Down 86 Points, Nasdaq Down 1.2%, Bitcoin Slipping To 37900

27Jul2021 Market Close: BTFDers Saved Wall Street With Major Indexes Closing Higher Well Off Session Lows, DOW Closed Down 86 Points, Nasdaq Down 1.2%, Bitcoin Slipping To 37900
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Azeri find lifts Caspian hopes [Gas in Transition]


Azeri find lifts Caspian hopes [Gas in Transition]
Apr 27, 2021 11:33:am
Summary
Azerbaijan’s president has hailed the discovery as a potential boost for the Southern Gas Corridor, but more information is needed. [Gas in Transition, Volume 1, Issue 1]
by: Joseph Murphy
Azerbaijan reported finding more hydrocarbons in the Caspian Sea in late March, after BP and its Azeri state-owned partner SOCAR finished drilling a well to a depth of nearly 7,200 m. The discovery comes at an opportune moment for Azerbaijan, ahead of market tests due to take place this summer to determine whether or not to expand a pipeline that carries the country’s gas to south Europe. ....

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Abu Sennan Partners Spud Exploration Well


Abu Sennan Partners Spud Exploration Well
Mar 8, 2021 7:50:am
Summary
ASD-1X is the second well in the 2021 Egyptian campaign, and the partners have now agreed on a third.
by: Joe Murphy
Posted in:
Abu Sennan Partners Spud Exploration Well
Kuwait Energy and its partners have started drilling the ASD-1X exploration well at the Abu Sennan licence in Egypt, project participant United Oil & Gas reported on March 8.
Drilling commenced on March 6 and should take 60 days to complete. The vertical well some 12 km north-east of the producing Al Jahraa field will primarily target the Abu Roash C and E sandstone reservoirs, with the Abu Roash G reservoir serving as a secondary target. These reservoirs are expected to be encountered at depths of between 3,000 and 3,500 m. ....

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Building back greener [NGW Magazine]


Building back greener [NGW Magazine]
Feb 25, 2021 11:40:am
Summary
The US will take a long time to return to pre-pandemic demand, but supplies will be cleaner when they come, according to the EIA’s Reference case. [NGW Magazine Volume 6, Issue 4]
by: Charles Ellinas
The US Energy Information Administration (EIA) published its Annual Energy Outlook 2021 (AEO 2021) February 3 exploring long-term energy trends in the US.
Its clear message is that the US will take some time to return to pre-Covid-19 levels of energy demand. The good news is that carbon emission growth will be contained.
AEO 2021 considers a Reference, baseline, case representing EIA’s best assessment of how US and world energy markets will operate through 2050. It is based on current economic and demographic forecasts and assumes improvement in known energy production, delivery, and consumption technologies. It also assumes that existing laws and regulations ....

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