Reduction in Gas Flaring Benefits Producers and the Environment
More than 4.6 trillion cubic feet of natural gas were flared globally in 2019. The potential value of this flared gas could be as high...
Oil and Gas News
Were Oil & Gas Producers Hedged For The Recent Price Collapse?
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...
Production in Bakken Formation Expected to Drop by 170 Thousand boe Per Day in 2020
Following the expected cuts in capital expenditure (capex) for shale operators in the Bakken due to demand shock from the coronavirus (COVID-19) and supply shock...
Maka Central Discovery Needs at Least 210 Million boe Recoverable Resources to be Economical
The Maka Central discovery has the potential to bring more than US$50m in revenue per year to the Surinamese Government, if it sees similar success...
MFG Chemical Promotes Tim Haggerty to VP Oil and Gas
Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing, announces the promotion of Tim Haggerty to Vice President, Oil and...
Uncertainty Looms Over Oil and Gas M&A Deals Landscape Amidst Coronavirus Outbreak and Drop in Oil Prices
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...
As Pandemic Spreads, Democrats Prioritize Green Giveaways for Special Interests Over Citizens
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...
Oil Exporters Increase Production While Demand Declines
by Alex Mills
Sometimes it is difficult to understand the actions of world leaders. A perfect example is the recent decision by Russia to not agree with a...
Crude Collapse to Crush US Petchem Advantage
by Joseph Chang
The collapse in crude oil prices is wiping out much of the U.S. petrochemical competitive advantage while global demand is being slammed by the continuing...
Execs’ Open Letter to 2020 Candidates Promotes Oil & Natural Gas
by Jason Spiess
In an open letter to 2020 Democratic presidential candidates printed in today’s New York Times, 54 executives from the western oil and natural gas industry forcefully...