Fuel and energy

A total 6,756 metres was drilled, including 4,411 metres drilled in the target strata. The well was constructed in 39 days at a rate of 5.78 days per 1,000 metres.

API President and CEO Jack Gerard delivered the following speech at today’s 2018 State of American Energy event. Below are Gerard’s remarks as prepared for delivery.

The price of OPEC basket of fourteen crudes stood at $65.85 a barrel on Monday, compared with $65.86 the previous Friday, according to OPEC Secretariat calculations.

During all weekend and holidays, IDGC of Centre and IDGC of Centre and Volga Region will operate in an enhanced mode.

The US Federal Energy Regulatory Commission (FERC) today rejected a proposal backed by President Donald Trump that would have provided potentially billions of dollars to coal and nuclear power plants in support "grid resiliency."

Power engineers of IDGC of Centre restored the operation of power lines and feeding centres of all voltage classes in the north-western districts of the Tver region affected by unfavourable weather conditions.

IDGC of Centre - Kostromaenergo division became the winner of the regional stage of the All-Russian contest "The Russian Organization of High Social Efficiency".

These seismic works have involved technologies and equipment designed or modified for use in the Arctic, and were undertaken by modern research vessels of the highest ice class — ICE-1A.

The Haynesville shale's dominance as a natural gas supply source could rise in 2018 amid unobstructed pipeline access to the northeast and close proximity to the US Gulf coast, a key industrial demand region