Venezuela’s Financial Troubles Impact Texas and U.S.
The political turmoil in Venezuela has huge implications internationally, especially for Texas and the United States. Petroleos de Venezuela (PDVSA), the nationally owned energy company,...
Oil and Gas News
Founders Opens Houston Office, Hires Seasoned Banker
Founders Advisors has opened a Houston office. This new office, Founders second office in Texas, will focus on serving middle-market energy equipment and service companies....
Danos to Acquire Shamrock Energy Solutions
GRAY, La. – Danos is pleased to announce that it has reached a tentative agreement to acquire the assets and business of Shamrock Energy Solutions,...
Gasoline is More Important Than Healthcare for Americans, Choose Free Gas Over Free Cash, New Study Finds
BOSTON — Americans collectively spent $388 billion on gasoline in 2018, averaging to 34 million fill-ups a day. GasBuddy, the only smartphone app connecting drivers with...
Trendsetter Engineering Completes Delivery of Production Equipment for Noble Energy Leviathan Project
Houston, TX – Trendsetter Engineering has successfully completed the design and build of subsea production equipment for Noble Energy’s Leviathan Project, a large natural gas...
FPSO Market to Hit $30 Billion by 2025
by Ankit Gupta
The FPSO market size is anticipated to surpass USD 30 Billion by 2025 and is set to witness vigorous growth on account of shifting trends toward...
Meridian Energy Group, Inc. Establishes Site Control for Permian Basin Refinery
BELFIELD, N.D., Meridian Energy Group, Inc., the emerging growth refining firm and leading innovator in advanced technology and environmentally-beneficial petroleum processing facilities, announced today that the...
Texas Leads the Nation in Oil & Natural Gas Production, Employment Growth
Austin, Texas – The Texas Independent Producers & Royalty Owners Association (TIPRO) today released the fourth edition of its “State of Energy Report,” offering a...
Upstream Oil and Gas M&A and Capital Raising Values Totaled $47.9 Billion in Q4 2018
A total of 305 deals with a combined value of US$47.9bn were registered in the upstream oil and gas industry in Q4 2018, according to...
Midstream Oil and Gas M&A Values Declined 59 Percent in Q4 2018
A total of 71 M&A deals with a combined value of US$38.7bn were registered in the midstream oil and gas industry in Q4 2018, according...