Haynesville Shale Formation Holds Potential for Economic Revival in Louisiana
Over the past few years, certain oil and gas shale formations have been sidelined as producers search for cheaper means of production. The appeal of...
Articles by Tim McNally
Saudi Aramco Expands Influence in U.S. Oil
by Tim McNally
Saudi Aramco, the Kingdom of Saudi Arabia’s state-owned oil producer, recently purchased total ownership of the massive Port Arthur Refinery in Texas. The refinery was...
OEG Offshore Announces Merger with Cargo Specialist Paragon Industries
OEG Offshore announced on May 1, 2017, that it would be merging with Cargo Specialist Paragon Industries. OEG Offshore specializes in producing and delivering customized...
OTC Sees Another Annual Drop in Attendance
by Tim McNally
The Offshore Technology Conference (OTC) kicked off on April 29 at the NRG Park in Houston, Texas, and it lasted through the week of May...
Russian and Saudi Arabian Production Cuts Could Extend into 2018
by Tim McNally
On Monday, May 8th, both Saudi Arabia and Russia announced that they were contemplating a protracted production cut which could extend into 2018. The countries’...
Interview with Amit Mehta, CEO and Founder of Moblize
Tim McNally: What was your motivation for founding Moblize? Amit Mehta: The primary reason I started Moblize was that I saw that the oil and...
Mounting Problems for Louisiana Oil Companies
The turbulence of the oilfield has been widespread over the past two years since OPEC decided to let the supply overcome the demand for oil,...
Newfield Looks to Recycling to Boost Cost-Efficiency
As companies seek to maximize efficiency in this unfavorable economic environment, they employ new technologies which enable them to re-use certain resources in a cost-effective...
Increase in E&P Spending and Job Growth for Oilfield
Since the unfortunate downturn of the oil market in 2014, Exploration and Production (E&P) spending in oil companies has taken a large hit because companies...
Strong Indicators Give Boost to Oil Price
The price of oil received a boost after an April 11 announcement by the two largest oil-producing nations revealed that they were considering continuing production...