EIA Forecasts Stable Energy Prices in 2020
Energy prices in the U.S. will be flat this year as production of crude oil and natural gas will set records, again, according to projections...
Oil and Gas News
Vernon E. Faulconer, Inc. to Power Next Stage of Growth with W Energy Software’s ERP Solution
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...
ExxonMobil Fuels Incurs Highest Crude Oil Refinery Maintenance Globally in 2019
ExxonMobil Fuels and Lubricants Co (ExxonMobil Fuels) had the highest crude oil refinery capacity under maintenance (both planned and unplanned) among all the refinery operators...
Saudi Aramco Strikes Oil Entering Ranking as World’s Second Most Valuable Oil & Gas Brand
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...
Sheer Volume of Data Being Created by Oil and Gas Companies Driving Adoption of Big Data
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...
Energy Wins in U.S.-China Trade Agreement
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...
As Oversupply Bears Down, U.S. Producers and OPEC+ Pump the Brakes on Production
Austin, TX – Enverus, the leading oil & gas SaaS and data analytics company, has released its latest FundamentalEdge report, Pumping the Brakes. This market...
3 Reasons Why WTI Crude Oil Could Reach $70
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...
Saudi Aramco Still Betting on Oil Expansions
Saudi Aramco is continuing to focus significant efforts on crude oil expansion, according to GlobalData, a leading data and analytics company. The company’s report, ‘Saudi...
Increased Swaption Activity May Present Financial Reporting Challenges for Oil & Gas Companies
Lower natural gas prices are causing E&P companies to get creative with their hedging strategies to lock in near-term cash flows above the dismal levels...