China’s Diesel Demand Set To Jump To Record This Year

State-stimulated recovering industrial activity and increased road freight and e-commerce deliveries are set to push up China’s diesel demand to a record high this year, analysts have told Reuters. China’s recovering economy and the government stimulus to infrastructure activities are set to boost demand for heavy machinery and diesel to power them, analysts say. Other factors […]

OPEC+ proves its mettle by swiftly delivering oil production cuts

LONDON (Bloomberg) – OPEC+ is responding to the oil market’s collapse with an urgency never seen before. The alliance’s program of production cutbacks this month is well on the way to trimming 9.7 million barrels of daily crude output — roughly 10% of global supplies, according to tanker-tracking data, interviews with physical crude traders and […]

Sundance Energy Saves USD 500,000 with 60%

StimCommander platform and virtual rig-up technology enable operations with one fleet fracturing two infill wells at the same time, Eagle Ford Shale Sundance goal: Save time and costs Sundance wanted to improve surface efficiency and reduce cycle time and associated costs for multistage fracturing in four infill wells while optimizing stimulation designs to avoid depletion […]