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 this…
The Oil and Gas Blockchain Consortium aims to reduce costs, increase efficiency and provide transparency for 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 accuracy…
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 deferments…
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 in…
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 Total…
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 demand…
Regional energy companies are investing to consolidate their oil and gas market share over the long term. The race among Gulf national oil companies (NOCs) to…
China and the U.S. and are expected to lead the capacity growth in the global LNG liquefaction and regasification sectors from planned and announced (new-build) projects…
The COVID-19 crisis has affected a wide range of businesses, but its impact on the oil and gas industry is particularly severe due to restrictions on…
TULSA, Okla., — The GPA Midstream Association and affiliated midstream suppliers association GPSA announce their 2020 – 2021 officers and new board members elected to lead…
DALLAS — Williams & Williams, a worldwide real estate auction firm and leader in global live and interactive auctions will auction 20+ properties for oilfield services…
Oil and gas companies are facing increasing scrutiny for their carbon intensive operations. With the passing of the 2015 United Nations Climate Change Framework, the demand…
Following the release of data by the Energy Information Administration (EIA) Weekly Petroleum with information on refined products supplied and stocks weekly changes in crude oil;…
Rusty Hutson Jr is the boss of fast-growing US energy firm Diversified Gas & Oil.
Norman, Okla. – In response to the challenges of pandemic-related global demand for energy resources, the University of Oklahoma Energy Institute is launching a new summer…
With the impact of COVID-19 outbreak globally and the downturn in oil and gas market prices, companies are announcing project delays. The U.S. had the largest…
AUSTIN, Texas – Boosting its advocacy powers during these historic times, the Texas Alliance of Energy Producers (the Alliance) has hired Jason Modglin as its new…
Stringent travel restrictions worldwide have wiped out the market for fuel transportation and long storage durations have led to the deterioration of products such as gasoline…
The Oil & Gas Technology Centre (OGTC) has today {1 June, 2020} announced the appointment of Martin Gilbert as Chair of the Aberdeen-based research and technology…
WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today released a Request for Proposals (RFP) to purchase up to one million barrels of sweet crude oil…
Arlington, Virginia – Venture Global LNG, Inc. is proud to announce the successful raising of the second LNG storage tank roof at the company’s Calcasieu Pass…
Natural gas prices have struggled in early 2020, hitting record lows due to U.S. dry gas production being at a record high – which has impacted…
A growing number of enterprises, far away the gaming and entertainment sectors, are leveraging immersive technologies such as augmented reality (AR) and virtual reality (VR) to…
Total SA’s (Total) robust upstream business tops the European majors’ peer group when assessed against the impact of COVID-19 and the current oil price volatility, says…
The upstream oil and gas industry has one of the highest rates of severe injury in the country, according to an analysis of workplace data by E&E News.…
The global liquefied natural gas (LNG) liquefaction sector is reeling under the pressure of falling oil and gas prices, weak LNG demand and poor global economic…
The global oil and gas industry has witnessed a significant slowdown in the number of oil and gas contracts and contract value, which is largely attributed…
Oil companies are dealing with a plethora of challenges due to the sudden decline in demand amid the COVID-19 pandemic. Distant storage locations increase costs as…
Engineering Procurement Construction (EPC) companies are essentially the hands and feet of any major oil and gas new construction operation. An EPC is absolutely necessary for…
Global oil demand and prices have plummeted – what’s next for the international energy market and the nations that depend on it? Guest: Francisco Monaldi, expert…
Earnings of major international oil and gas producing companies have suffered in the first quarter of 2020 resulting from weaker product demand and lower realized oil…
Featured: Super-rare Harbor Petroleum and Rebel Oil signs; very first (1906) Virginia license plate #1, visible gas pumps, Pacific Bait & Tackle neon ‘leaping fish’ sign…
Railroad Commission (RRC) Chairman Wayne Christian recently asked the Texas Alliance of Energy Producers to participate in a Blue Ribbon Task Force to provide industry recommendations…
Global subsea wireless and digitalisation specialist WFS Technologies has scored a double whammy after being revealed as the winners of two prestigious accolades by the organisers…
Web service gathers train data via HPA interface / Introduction of handhelds planned Digital transformation in the port of Hamburg: Effective immediately, the tank terminal operator…
Social distancing is directly affecting global travel, logistics and material handling, as well as potentially creating gaps along the oil and gas supply chain that will…
Austin, Texas – Today, the Railroad Commission of Texas convened for its monthly commissioners’ conference to discuss pending business and regulatory matters, as well as receive…
To protect balance sheets, maintain shareholder pay-outs and preserve cash, oil and gas companies have gone into survival mode, reducing forecast expenditure where possible to weather…
Following the release of Q1 results from several oil and gas companies; Ella Benson Easton, Thematic Analyst at GlobalData, a leading data and analytics company, offers…
Operator and petroleum engineer becomes first woman to chair a major Texas oil and gas trade association AUSTIN, Texas – Cye Wagner of Fort Worth-based Cooper…
The global oil and gas pipeline sector is facing several headwinds such as fall in the oil and gas prices, demand destruction and a weak global…
Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing, is partnering with EcoVadis to measure and continuously improve its sustainability profile.…
Following recent news about Oil Sands producers shutting down crude production due to their unprofitability; Adrian Lara, Senior Oil & Gas Research Manager at GlobalData, a…
Scoop-Stack hit a peak, in terms of rig count in 2018, averaging approximately 75 rigs for the year with the majority of them operating within the…
Following the historic fall of the West Texas Intermediate (WTI) futures price for May delivery into negative territory, going as low as negative US$37.6 per barrel;…
The oil price crash has forced Eagle Ford operators to re-evaluate their cash flows, cutting capital expenditure and rig count in 2020. By assessing the readjustment…
