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...
Oil and Gas News
Natural Gas Prices Down, Inventories Up as Winter Approaches
by Alex Mills
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
by Alex Mills
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...
Bellmon’s Legacy!
On October 21, 2019, I had the honor of serving as a keynote speaker at the Oklahoma Academy’s Town Hall Meeting at the WinStar Convention...
South America Spearheads Global FPSO Deployments
South America has the highest number of planned and announced floating production storage and offloading (FPSO) additions globally between 2019 and 2025, with 27 projects....
Oil Industry Giants Organize to Reduce Emissions
by Alex Mills
Thirteen international oil and gas companies have committed $1 billion to reduce greenhouse gas emissions. The organization, called the Oil and Gas Climate Initiative (OGCI),...
South America and Europe Led Globally with Highest Number of Oil and Gas Discoveries in Q3 2019
South America and Europe led globally with the highest number of oil and gas discoveries during the third quarter (Q3) of 2019, with eight discoveries...
Oilfield Helping Hands Reaches Milestone of $5 Million Shared with Oilfield Families in Need
HOUSTON – Oilfield Helping Hands (OHH) has now shared $5 million with oilfield families in need. Since its founding in 2003, OHH’s mission has been...