Oil Prices Decline as Coronavirus Expands
Worldwide crude oil prices have been soft during the past five years because of weak demand and an oversupply. Recent news of the coronavirus in...
Oil and Gas News
ESG for Energy: 3 Things Companies Should Be Doing – Part 2
by Tony Jones
In my previous article, I discussed how all energy companies typically get lumped together as a group and what they, as an industry, need to...
Trump Sanctions Halt German-Russian Gas Pipeline Project
Denmark has greenlit the Nord Stream 2 project, a joint German-Russian pipeline aimed at transporting Russian gas directly to Germany under the Baltic Sea. The...
US Oil & Gas Industry M&A Deals Total $11.22 Billion in December 2019
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...
Upstream Sector Led Global Oil and Gas M&A Deals in 2019
The upstream sector accounted for the bulk of mergers and acquisitions (M&A) in the global oil and gas industry in 2019, generating some high-value transactions...
Turning Data Into Oil: The Digital Transformation of the Oil and Gas Industry
by Jason Ganer
In a time when the world is claiming that data is the new oil, it is woefully ironic that the oil industry is so far...
Major Growth Expected in the Digital Oilfield Market
The size of the Digital Oilfield Market was registered at USD 24 billion in the year 2018 and is anticipated to cross USD 39 billion...
Petroleum Companies’ Financial Performance Down
by Alex Mills
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...
Emphasis on Maintaining Capital Discipline Driving M&A Activity in the Oil and Gas Industry
Deal activity in 2019 has largely revolved around the need to improve company finances and reduce debt. It drove multinational oil and gas companies, such...
ESG for Energy: 3 Things Companies Should Be Doing – Part 1
by Tony Jones
In the growing area of Environmental, Social and Governance (ESG), every energy company, right or wrong, good or bad, seems to get lumped in as...