Texas Petro Index Drops Sharply from March to April
Record One-Month Oil and Gas Job Loss and Crude Oil Production Decline The Texas Alliance of Energy Producers’ Texas Petro Index (TPI) dropped steeply from March to...
Energies Media Staff
Oil Companies are Pumping Worthless Oil Back Underground
Oil companies in Texas reportedly started to pay buyers to take oil off their hands and even pumping it underground for storage....
The Effects of the Oil War on the US Shale Industry
In March 2020, talks broke down between OPEC leader Saudi Arabia and Russia, which is not a member of OPEC. The two oil-producing countries met...
Bakken Producers Desperate to Shut-in Wells Until Crude Oil Price Recovers
Bakken production is expected to fall through 2020, however, it will remain above 1million barrels of oil equivalent per day (mmboed) at the end of...
Blockchain for Oil and Gas Operators Successfully Tested
The Oil and Gas Blockchain Consortium aims to reduce costs, increase efficiency and provide transparency for industry......
A Guide to Essential Equipment Used in the Mining Industry
Mining involves capital investment, with one-third accounting for equipment, according to Mordor Intelligence. Mining operations require the use of different machinery to achieve various tasks with...
North American LNG Sector Continues to Struggle Against Weak Economic Outlook and COVID-19 Outbreak
Reduced demand due to economic slowdown, coupled with the COVID-19 outbreak, has led to cancellations of long-term liquefied natural gas (LNG) supply contracts and cargo...
Biden Offshore Drilling Ban Would Kill 200,000 Jobs, Oil Lobby Says
Joe Biden’s proposal to ban new offshore oil and gas drilling in federal waters would cost nearly 200,000 jobs, strip the U.S. government of billions...
TOTAL SA: Leader in a Changing World
In this “lower for longer” environment, the vast majority of energy companies cut payouts, including 60 companies this year since early March. In contrast, France’s...
The Impact of Virtual Reality on Oil and Gas Logistics
The oil and gas industry is well known for having pronounced boom and bust cycles, with the current trend being downward due to the reduced...