Attack On Saudi Facilities Send Oil Prices Soaring
Global oil market is unstable and the price of oil surges in the tune of 15 to 20 percent to their highest level in about...
Oil and Gas News
Fortress Investment Group to Lead Global Small-scale LNG Liquefaction Capacity Additions by 2023
Fortress Investment Group is expected to lead capacity additions from planned and announced (new-build) projects in the global small-scale liquefied natural gas (LNG) liquefaction industry...
Top Oil-producing County in Permian Basin Welcomes United Flight Service from Denver
The size of the Permian Basin in southeastern New Mexico has inspired economic development officials in Lea County to find ways to help the oil...
Upstream Oil and Gas M&A and Capital Raising Deals Totaled $130.5 Billion in Q2 2019
The global mergers & acquisitions (M&A) and raising activity in the upstream oil and gas sector totaled US$130.5bn in Q2 2019. This was a substantial...
Natural Gas Shows Signs of Becoming the Fuel of the Future
Natural gas – touted by many energy analysts as the “fuel of the future” years ago – has battled coal as the largest energy source...
Measuring Oil and Gas Volumes in Different Countries: The U.S. and Russian Cases
It is well known that, if all things being equal (or in Latin ceteris paribus or caeteris paribus), the volume is directly proportional to temperature and inversely...
North America to Contribute 47% of Global Small-scale LNG Liquefaction Capacity Additions by 2023
North America is expected to drive global small-scale LNG liquefaction capacity growth from planned and announced (new-build) projects between 2019 and 2023, contributing around 47...
India, Russia To Cooperate In Oil, Gas Sector
India and Russia on September 04, 2019 signed a five-year road map for cooperation in the energy sector. The energy pact was one of 15...
Offshore Support Vessel Market to Hit $66 Billion by 2024
Offshore Support Vessel Market is estimated to grow at CAGR above 5.5 percent over the forecast time frame 2017 to 2024 and reach the market...
Some Investors Have Lost Confidence in Oil
The oil industry has been through some tough times during the last four decades, but recent allegations that fossil fuels are linked to environmental catastrophes,...