Venezuela’s Economy, Oil Production, Government in Trouble
Venezuela’s socialist government has been on a downhill slide for years. This week the U.S. sanctioned state-owned oil and natural gas company Petròleos de Venezuela,...
Oil and Gas News
Latest Oil Sands Technologies Propel Canada as the World’s Fourth Largest Producer of Crude Oil in 2018
Due to rapid technological developments in the exploration and production of oil sands, Canada has emerged as the world’s fourth largest producer of crude oil,...
Routine Maintenance Is More Important Than Ever
The oil and gas drilling environment is inherently dangerous, and despite the safeguards put into place in every company, lethal accidents continue to occur. Most...
Davis Refinery Permit to Construct Upheld by North Dakota District Judge
BELFIELD, N.D., – Meridian Energy Group, Inc., the emerging growth refining firm and leading innovator in advanced technology and environmentally-beneficial full-conversion petroleum processing facilities, announced today...
Gas Projects Dominate Planned Upstream FIDs in 2019 as Companies Bet on Rising Natural Gas Demand
The 85 upstream projects up for Final Investment Decisions (FIDs) in 2019 include 75 greenfield developments, with approximately 42 billion barrel of oil equivalent (Bboe)...
Industry Leaders Predict Increased Activity This Year
The oil and gas industry expects to increase drilling, production and capital expenditures during 2019, according to a variety of surveys of leaders of oil...
Texas Upstream Employment Trends Indicate a Shortage of Available Talent
As reported by TIPRO earlier this month, employment growth for the Texas upstream sector stalled in the fourth quarter of 2018 following many months of...
A Look Back At 2018 Oil & Gas M&A Deal Activity
Looking back at 2018, the U.S. oil and gas industry had an exceptional year with respect to merger and acquisition (M&A) transaction activity with a...
Not Much Optimism for Increase in Oil Prices
Accurately predicting the price of oil and natural gas can be as difficult as predicting the weather in West Texas. In some cases, the weather...
Drillinginfo Acquires MineralSoft to Expand Focus on Managing Mineral and Non-operated Interests
Austin, Texas – Drillinginfo, the leading energy SaaS and data analytics company, announced today it has acquired MineralSoft, a software platform designed to make managing...