Know Your Industry: News Nugget

This is a quick nugget of information on what’s trending in the industry in the recent weeks and includes highlights of SPE and industry news covered in SPE magazines. Visit the publications page to access all SPE magazines and read in-depth analysis of oil and gas news and technology.

OPEC+ warned that underinvestment was likely to affect oil supplies as it announced a modest increase in production quotas.?Europe continues to face the stark realities of energy supply as Russia limits gas to Germany and elsewhere.

Oil prices are declining a bit, but fueled record profits during the second quarter of 2022.?Learn how oilfield service companies see the current upcycle playing out.