Uncertain Supply and Demand Issues Create Problems
As the member countries of the Organization of Petroleum Exporting Countries, better known as OPEC, prepare for their important meeting in Vienna on Dec. 5-6,...
Oil and Gas News
Key Technology Trends in 3D Printing
3D printing has tremendous potential in the oil and gas industry in delivering productivity gains, says GlobalData, a leading data and analytics company. GlobalData’s latest...
Goldman Sachs Leads M&A Financial Advisers League Table in Oil and Gas Sector
Goldman Sachs has secured the top position in the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers for the oil...
Oil and Gas Companies Embracing Virtual Reality Technology to Enhance Operations
Oil and gas companies are analyzing operational data using virtual reality (VR) to enhance their decision-making capabilities, according to GlobalData, a leading data and analytics...
Haynesville Shale Expected to Play Crucial Role in Meeting Future Natural Gas Demand
The recent resurgence of drilling activity in the Haynesville shale is expected to continue for the foreseeable future, considering the projected rise in demand for...
OspreyData Launches Unified Monitor Product, Jetta Operating VP Confirms the Path is Incremental Adoption of Digital Oilfield
HOUSTON – OspreyData, leader in AI-Based Production Optimization solutions for Oil & Gas, announced today that they are launching the Unified Monitor solution, a component...
Oil & Gas Industry M&A Deals in September 2019 Total $16.81 Billion Globally
Total oil & gas industry M&A deals in September 2019 worth $16.81bn were announced globally, according to GlobalData’s deals database. The value marked a decrease...
Natural Gas Prices Down, Inventories Up as Winter Approaches
Record production of natural gas in Texas and throughout the United States has created lower natural gas prices for consumers, but it has many companies...
VR Technology Supports Oil and Gas Plant Simulation and Skill Development
Following the rapid adoption of virtual reality (VR) technology in consumer markets, the oil and gas industry is witnessing wide-scale deployment of this technology across...
Oil Prices Soft as Inventories Rise
More negative news for the crude oil exploration-and-production industry in the United States this week as prices dipped again, inventories rose again, and the drilling...