While the adoption of augmented reality (AR) in the oil and gas (O&G) industry is in the introductory phase, this evolving technology has the potential to…
The Permian Basin, the largest oil producing region in the U.S., has been impacted the most by the COVID-19 pandemic. Since March 2020, several producing wells…
The COVID-19 pandemic has significantly impacted the U.S. pipeline sector and operators are left with little choice than to adopt strategies to save cash. As a…
Chattanooga, TN – MFG Chemical, a leader in specialty chemical contract manufacturing, announces the hiring of Joe Dymecki to the position of Director of Sales. In…
The COVID-19 pandemic has disrupted the oil and gas sector leading to a sharp fall in fuel prices coupled with an over-abundant supply of oil and…
It is of course no secret that Louisiana is home to a major oil and energy economy. This has been the case for many years, and…
Austin, Texas — On Monday, October 5, the U.S. Department of Energy’s Office of Fossil Energy released a new comprehensive report reinforcing the benefits provided from…
HOUSTON – Quorum Software (Quorum), a Thoma Bravo portfolio company and the leader in digital transformation for the oil and gas industry, announced today that it has…
Global economic slowdown has led to reduced demand for LNG produced in the U.S. As a result, LNG exports from the country are likely to remain…
DENVER, Pa. – A high-end array of antique and vintage petroleum signs, gas globes and early gas pumps will be waiting to impress bidders at a…
BP will need to commit to significant investments in the renewable energy and liquefied natural gas (LNG) space in order to meet its 2030 target of…
Following the news of the merger between Devon Energy and WPX Energy; Steven Ho, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers…
The global oil and gas pipeline sector has been facing several headwinds in the form of a fall in oil and gas prices, demand destruction, and…
What prompted you and the firm to conduct the survey? We chose the midstream sector because of the unique areas of vulnerability presented by the transportation…
Houston — Ninety percent of oil and gas executives agree that investment in technology and workforce are essential to surviving current market conditions, according to a…
Following today’s announcement of Total’s deal to develop 3.3GW solar capacity in Spain; Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and…
Alpha has opened a new training center in Houston after achieving accreditation from the Global Wind Organization (GWO) to deliver its Basic Safety Training (BST). The…
Aramco has faced a tough time in 2020 so far. Just months after its long-awaited IPO in December 2019, the impacts of COVID-19 on the company…
Following this week’s bullish sentiment with respect to Chevron’s shares; Adrian Lara, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his…
Mergers and acquisitions (M&A) activity across the oil and gas sector reached US$224.4bn in deal value in 2019, reflecting growths of 29 and 159 percent compared…
LAFAYETTE, LA. — Ernst & Young LLP (EY US) today announced that Kenny DesOrmeaux, CEO/President of Ecoserv has been named an Entrepreneur Of The Year® 2020…
Amid oil price volatility, expanded producers’ agreements and questions about the long-term outlook for oil, OPEC is celebrating its 60th birthday this week. OPEC’s ability to…
The oil and gas industry is increasingly relying on digital technologies to transform itself in the 21st century. As increasing volumes of data are being stored…
HOUSTON – Oilfield Helping Hands (OHH) and Rocking WW Minerals are holding the inaugural WYO Bash, a benefit concert featuring Tris Munsick & The Innocents on…
The conventional refinery model of generating revenue by processing crude to produce transportation fuels is increasingly under threat from falling fuel demand. In such a scenario,…
Increasing petroleum consumption and rapid infrastructure development will drive the hydraulic fracturing market. As per BP statistical review, global crude oil consumption was 93 million barrels…
BP and Equinor, formerly, Statoil announced the formation of a new strategic partnership to develop offshore wind projects in the U.S. This includes the development of…
HOUSTON – Morrison, a leading energy service company for the oil, gas and renewables industries, successfully completes the installation of Byron Energy Limited’s South Marsh Island…
In celebration of World Energy Week on Oct. 5-9, the National Inventors Hall of Fame® is proud to celebrate 2020 Inductees James Abercrombie (1891-1975) and Harry…
The global oil and gas industry has witnessed a continual slowdown in the number of oil and gas contracts, as companies are finding it difficult to…
HOUSTON, Texas — Data Gumbo, the trusted industrial blockchain network, today announced that it enables real-time lease operating expenses (LOE) for oil & gas operators. By…
Aberdeenshire start-up company, Legasea, has now been nominated for three business awards in quick succession. Despite having only established the business in 2019, the impact that…
The global oil & gas analytics market was valued at US$ 13 billion in 2019 and is anticipated to expand at a CAGR of ~15 percent during the forecast period. Based on…
Following the release of official weekly U.S. Energy Information Administration data on stocks, demand and supply of US crude oil and refined products; Adrian Lara, Senior…
Since discovering a sizable oil discovery in offshore Guyana, Exxon Mobil, along with several exploration and production partners, actively explored the subsea field and is now…
HOUSTON – C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has completed the installation of several stem clamps for…
Minnesota-Born Boot Company to Promote Jobs, Not Boots, Transforming Its More than 525 Stores into Job Centers, Turning Its Customer Service Line Into a Job Search…
A total of 18 planned and announced Floating Production Storage and Offloading (FPSO) projects are expected to be deployed offshore Brazil during the outlook period 2020–2025,…
The demand for gasoline and jet fuel has taken a hit as a result of nation-wide lockdown across the U.S. since late March 2020 due to…
Following the approval of an oil and gas leasing plan for Alaska’s Arctic National Wildlife Refuge (ANWR) by the U.S. Department of Interior; Adrian Lara, Senior…
Financial and business leader brings high-growth and multi-industry experience to further accelerate the company’s growth. ABILENE, Texas, — WolfePak Software, a leading provider of oil and…
Operators in the Americas region have had to manage projects and mitigate the effects of COVID-19 through severe production cuts and reductions in investments. As opposed…
Austin, Texas – Today, the U.S. Environmental Protection Agency (EPA) released final regulations revising the New Source Performance Standards (NSPS) for the oil and natural gas…
The Bakken Shale play, the second largest oil producing region in the U.S. after the Permian Basin, has witnessed a considerable fall in drilling activity in…
MARINA, Calif. – Fox Thermal announced today the release of a 3-Part “Industry Leader in Mass Flow Measurement” video series. This video series was designed to…
W Energy Software welcomes new Director of Measurement to spearhead product roadmap and development for measurement solutions across the energy value chain. TULSA, OKLA. – W Energy…
Following the release of Marathon Oil’s Q2 results; Andrew Folse, Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on…
Following today’s announcement of Equinor’s appointment of a new CEO, with an increased focus on the energy transition; Will Scargill, the Managing Oil & Gas Analyst…
Around 70 percent of crude oil and petroleum products are moved by pipeline, 23 percent using tankers and barges over water, 3 percent by rail, and…
The oil and gas industry is going through a period of massive change. More and more technologies are being introduced on a larger scale that are…
