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,...
Upstream
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...
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...
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
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...
Oil on the Roads: Road Transportation and Use in the USA and Worldwide
Road transport accounts for over 45% (up to a half) of global use of oil. In particular, in the United States of America, the most...
The Street Strikes Back: Oil & Gas Operators Shown No Mercy
Austin, TX – Enverus, the leading oil and gas SaaS and data analytics company, has released The Street Strikes Back, a new report in its...