MARINA, Calif. – This week Fox Thermal, a global thermal mass flow meter manufacturer located in Marina, California, is excited to introduce a new brand vision,…
HOUSTON – Quorum Software (“Quorum”), a world leader in digital transformation for the energy industry, today announced two major transactions that will result in the creation…
Many oil and gas companies have sought debt reduction through bankruptcy protection or debt restructuring in response to financial difficulty brought on by the COVID-19 pandemic.…
Each year, an array of industry analysts makes its predictions on the specific directions the oil and gas industry could be heading in the coming months.…
As Murphy’s law states, “Anything that can go wrong will go wrong”. This age-old adage can be applied to what the U.S. oil and gas industry…
To get the most out of your upgrade project, ensure your technology partner(s) help you realize these eight qualities. Retail is transforming at lightning speed across…
In 2020, industry saw big, industrial operations truly pivot toward technology, as the growing demand for data, information and visibility has become amplified to the extreme.…
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…
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…
As upstream oil and gas companies emerge from Chapter 11 bankruptcies, they’ll need to be mindful of exit credit facility terms and requirements that may reflect…
A sense of normalcy is returning to the oil patch, at least compared to the roller coaster ride that took place in March and April of…
The decrease in oil demand as a result of the COVID-19 pandemic, along with the worldwide pendulum of supply and demand, has put many energy companies…
With operational disruptions, supply chain lags, and reductions in consumer spending, the coronavirus pandemic continues to impact business globally. Stalled or stopped business activities, combined with…
During these challenging times, with rigs drastically cut and completion crews on indefinite hold, finding ways to immediately impact cash flow is critical. If you are…
The energy industry is very cyclical and, while companies should take advantage of economic ups and market changes that give them an edge, it is imperative…
The COVID-19 pandemic has put many oil and gas companies in financially difficult positions. In response to low oil prices and a decline in earnings, oil…
Driven by the worldwide COVID pandemic, the oil and gas industry is challenged to plan and operate with new procedures and approaches to keep its employees…
Due Process Review Awarded for Employers Facing Fair Labor Standards Act Litigation Employers in the energy sector in general, are unique under the law for industry…
With legacy ETRM systems approaching their next upgrade cycle, oil and gas companies should turn their attention towards taking a postmodern approach to deploying their next…
Now is the time for oil and gas companies emerging from Chapter 11 bankruptcy to adequately address their associated fresh-start reporting and valuation considerations. Continued market…
Amidst oil & gas industry downturn, W Energy Software’s market share surges forward for natural gas plant accounting, liquids transportation, and upstream ERP as energy sector…
With limited exit and financing alternatives, oil and gas companies must take steps to address G&A and overhead costs to ensure the financial health of the…
The U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) is working with government and industry partners to identify cybersecurity risks and develop strategies…
A GOP eager to pile up wins in this year’s general election must have taken comfort in the Democrats’ own 1992 campaign mantra, “It’s the economy,…
In early 2020, oil prices plummeted from an average of USD 65 in 2019 to as low as USD 25 per barrel in March. Atradius economists…
The production and sale of energy is growing – and with consumption increasing, the world’s producers and providers are having to think of renewable methods in…
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…
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…
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…
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…
As the oil and gas sector comes to terms with decade-low oil prices and global disruptions caused by the coronavirus (COVID-19), company costs and investments are…
The oil industry in the United States once again faces dramatic declines in crude oil prices at the hands of foreign countries seeking to bankrupt high-cost…
While energy markets continue to be volatile, fewer oil and gas producers have hedges in place than in prior years. In addition, a number of producers…
The recent coronavirus (COVID-19) outbreak is adding further woes for the oil and gas industry, which is already plagued by oversupply and declining prices. This is…
WASHINGTON DC – Today, the American Energy Alliance (AEA) raised concerns about the ballooning $1.2 trillion stimulus package Congress is currently considering and what misguided proposals…
Following the news that Saudi Arabia is responding to Russia’s refusal to a new oil production cut agreement by cutting oil prices and boosting supply, Will…
Following the WTI price fall to around US$30 per barrel due to an oil price war between Saudi Arabia and Russia; Adrian Lara, Oil and Gas…
Commonsense NEPA Reform… is Key to a More Productive America that Helps All of Its Citizens Washington, D.C. – Calling it “regulatory reform that enhances black…
The U.S. oil & gas industry saw a drop of 11.7% in overall deal activity during January 2020, when compared with the last 12-month average, according…
Dalton, GA – MFG Chemical, a leader in specialty and custom chemical manufacturing announces that Paul Turgeon, who has served on the Company’s Board of Directors…
Total oil & gas industry M&A deals in December 2019 worth $11.22bn were announced in the U.S., according to GlobalData’s deals database. The value marked an…
As many oil and gas companies began releasing their 2019 financial reports this week, it became apparent that last year was a stinker financially even though…
Following the news that the UAE confirmed the country’s first case of the Wuhan coronavirus – the first confirmed case in the Middle East; John Bambridge, Features…
Oil and gas operators globally will continue to push for faster returns with shorter cycle investments, as the industry moves away from giant developments, according to…
Leading provider of cloud-based oil & gas software solutions selected to modernize Vernon E. Faulconer, Inc.’s core business software and position the producer for sustained growth…
Shell has retained its title of the world’s most valuable oil and gas brand for the fifth consecutive year, recording a 12% increase in brand value…
Oil and gas assets are increasingly fitted with a multitude of Internet of Things (IoT) sensors, causing exponential growth in data. This, in turn, is increasing…
President Trump signed an agreement with China this week that will increase trade between the two countries in many sectors of the economy, especially for agriculture,…
The recent events in Iraq – the attacks on a U.S. embassy, a U.S. drone strike that killed an Iranian general and Iran’s missile attack on…
Richard Thompson, Editorial Director at GlobalData, a leading data and analytics company, provides his view: “There are two primary factors behind the volatility in the Aramco…
