Gazprom Neft, Lukoil, and Tatneft have established a joint venture, New Oil Production Technologies LLC, for exploration and production of hydrocarbon reserves in Russiaâ€™s Orenburg Oblast, including the Savitsky and Zhuravlevsky license blocks.
Vintage Energy Ltd. will begin work leading to acquisition of about 100 sq km of 3D seismic on an exploration permit in the southwest Cooper basin of South Australia immediately south of Warrior oil field.
ADX Energy Ltd., Perth, has completed workover rig mobilization and set-up at its lecea Mica-1 (IMIC-1) gas well onshore Romania in preparation for a flow test.
Wall Street Journal
WSJ.com: US Business
Takeout Over Cafes: Pandemic Shapes Consumption Habits U.S. spending data reflect recent reopenings, with consumers cutting back on some online grocery purchases, choosing takeout and flocking to hair salons and furniture stores. But shopping patterns indicate concern amid increases in coronavirus cases.
With No Summer Concerts, It's Garth Brooks at the Drive-In Virtual tours and drive-in shows don?t come close to making up for scores of canceled or postponed events, but they are finding eager audiences and providing a financial lifeline for some artists and bands while tours are on indefinite hiatus.
China's Economy Regains Strength After Strict Coronavirus Measures Economic activity is gathering momentum in China, a raft of survey data showed, the latest sign that Beijing?s uncompromising approach to the coronavirus pandemic is starting to pay dividends even as the U.S. shuts down swaths of its economy in a struggle to contain the virus.
U.S. Unemployment Rate Fell to 11.1% in June The employment report, based on survey data largely collected in mid-June, doesn?t reflect recent government-mandated business closures and related layoffs in response to the coronavirus.
Charles Elfsten, President
Charles A. Elfsten