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AUG 2020Story map: Using flaring data to measure oil production
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JUL 2020Sensor Showdown Highlights: Part 1
Project Geospatial and Ursa organized the 2020 Sensor Showdown, a number of live-streamed panels featuring experts in space, technology, data analytics, and more, as part of the Geospatial Frontier Virtual Technology Fair.
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JUL 2020
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JUL 2020Story map: Strategic Reserve of Idle Locomotives
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JUN 2020US, China auto sectors on divergent paths to recovery
How are auto manufacturers performing amid the coronavirus pandemic?
These are difficult times, as car companies try to keep plants open while ensuring a safe workplace. Then there’s the question of demand: a combination of economic slowdown and less driving doesn’t bode well for car sales.
A month ago, we introduced the process by which we’re monitoring auto factories around the world and presented some of our findings.
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JUN 2020Amazon navigates uncharted territory in COVID-19 world
Few companies better reflect the new paradigm caused by the coronavirus pandemic than Amazon.
More people are shopping online than ever before, providing a boon to Amazon sales. But there are also huge risks for the company in terms of coronavirus outbreaks, especially at the warehouses where workers “pick, pack, and ship” online orders.
Can Amazon have it both ways? Keep growing while avoiding the same danger helping to fuel consumer demand?
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JUN 2020North Dakota equipment yard shows effects of drilling slowdown
The downturn in oil prices in 2020 dealt a severe blow to US shale producers, resulting in less drilling, job losses, and a decline in output.
The US oil sector is hardly alone. Even Saudi Aramco, a famously low-cost producer, reportedly cut jobs after seeing a 25% reduction of net income in the first quarter.
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JUN 2020Revisiting China amid the coronavirus pandemic
To what extent has China’s economy sprung back life? Are official statistics painting a rosier picture than reality?
And how does China fit into the rest of the world?
Can China supply enough oxygen to resuscitate the global economy? Or will the transmission work in reverse? Will weakness in the global economy ultimately hobble China?
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JUN 2020Video: Ursa's Oil Inventories Country Level Capacity Dashboard
Ursa is monitoring oil storage around the world using SAR satellite data.
Watch this video tutorial to learn more about the different features you can access on our dashboard.
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JUN 2020Global crude stock builds eased before price rebound
After a historic collapse, oil prices have been increasing, an impressive turnaround since being in free fall earlier this year.
A few weeks before hitting bottom, there were signs of fundamentals improving, providing a leading indicator for prices (keep reading).
Production cuts (OPEC, Russia, US shale), better-than-expected gasoline demand, and hopes for an economic recovery have helped lift oil prices.