Hedge fund manager Pierre Andurand sees a path to $200 oil by end of the year

(Bloomberg) — Commodities trader Pierre Andurand sees a path for crude oil to get to $200 by the end of the year as historically tight markets struggle to ramp up production and replace lost supply from Russia. He estimates some 4 million barrels per day have been taken out of circulation as a result of Russia’s invasion of Ukraine...

Offshore Technology Conference 2022 recognizes Spotlight on New Technology Award winners

HOUSTON — The Offshore Technology Conference (OTC) announced today the winners of the 2022 Spotlight on New Technology Award. This prestigious award is presented to OTC exhibitors who are revolutionizing the future of offshore energy through technological advancement and innovation. A total of 14 companies, including seven small businesses, were...