Oil and Gas News
Oil and Natural Gas Industry Struggles Through First Half of 2020
Crude oil prices are making a comeback, but natural gas has the summer blues. Crude oil prices on the New York Mercantile Exchange closed Wednesday...
Halliburton Turns to Cloud-based Analytics and Digital Technologies as Oil Struggles to Rebound
Following Halliburton’s Q2 2020 earning call, where the company fully commits to its strategy of improving innovative customer solutions through digital technology and concentrating on...
Chevron’s Noble Energy Acquisition Bets on Future Natural Gas Demand and More Geographic Diversity
Following the news that Chevron is to acquire Noble Energy for $13bn; Adrian Lara, Senior Oil & Gas Analyst at GlobalData, a leading data and...
W Energy Software Gains 40% Market Share for Natural Gas Processing, Sees Accelerated Growth Across Midstream and Upstream
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...
Venezuela’s Oil and Gas Sector Sees Worst Crisis During 2020
Venezuela’s oil and gas sector was already caught in a vicious cycle well before the COVID-19 outbreak created a world economic crisis. Even though there...
Excess of Crude Supply Already Suppressed from US Market
Following Energy Information Administration’s release of official weekly data on stocks, demand and supply of U.S. crude oil and refined products; Adrian Lara, Senior Oil...
Presidential Candidate Biden Releases Energy Plan
Presidential candidate Joe Biden released his very ambitious, and expensive, energy plan this week. The cost is an estimated $2 trillion, and the 23-page plan...
Mexico to Remain Highly Dependent on Natural Gas Imports from the US
Even during the current COVID-19 crisis of lower economic activity, natural gas imports from Mexico have remained at levels of around 5,300 mmcfd during the...
Aligning with a New Reality: Right-Sizing G&A to Return Free Cash Flow to Stakeholders
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...