Refining, petrochemicals and fuels — the last stretch between the barrel and the customer.
It’s official. The United States became the world’s leading producer of petroleum and natural gas in 2018. The Energy Information Administration at the Department of Energy…
At the start of August 2019, Abu Dhabi National Oil Company (Adnoc) has said it will acquire a 10 percent stake in VTTI, a Vitol-backed global…
The global oil and gas industry’s total contract value reached US$42bn in Q2 2019, a massive 79 percent increase on Q1’s value of US$23.4bn according to…
In 1848, gold was found at Sutter’s Mill in Coloma, California setting off the Gold Rush, which brought an influx of new participants to seize upon…
In recent years, we’ve watched as environmental activists have adopted more aggressive tactics designed to block the development of infrastructure projects that benefit our nation, at…
Israel has gone through an energy production revolution owing to discoveries of natural gas resources such as the Tamar and Leviathan fields over the past decade.…
Among the most important challenges being faced by the oil and gas industry nowadays is the growing complexity of their supply chains. This is due to…
It is no secret that infrastructure in the oil and gas industry isn’t getting any younger. Climate change, urbanization, migration, and population growth put further strain…
North America will be the major contributor to the growth of global liquefied natural gas (LNG) liquefaction capacity between 2019 and 2023, accounting for around 72%…
Natural gas continues its streak as the leading fuel to generate electricity across the U.S. The Energy Information Administration (EIA) reports natural gas accounted for 62…
A hot topic for the oil and gas industry for quite some time now has been the recurring employment problems. One of the top barriers to…
While the oil and gas industry is seen exploiting digital technologies and cost-effective concepts of operations, they are also inviting security problems. The industry’s increasing dependence…
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 the…
Nowadays, executives in the oil and gas industries have discovered new methods of maximizing the value and reliability of their respective assets with asset management. This…
For years, the Bakken has been known to be a major oil and gas hub and it is the third largest U.S. shale oil field, behind…
In the year 2018, there was a lot of evidence for Oil and Gas companies all over the world that required them to step up their…
The downstream sector of the natural gas industry is widespread, with broad tentacles and scopes. This includes crude supplies, refining, trading, marketing, product distribution and retailing.…
We had previously seen an improvement in 2017 in terms of global refining margins and utilization. This was a welcoming turnaround because of the low levels…
Oil drilling has now been around for more than a century. Due to the numerous innovations in technology, the industry has grown leaps and bounds. This…
It was found quite recently that Mexican Ports increasingly need larger storage capacities due to the ever-evolving situation of the energy industries. This is why most…
With the recent recoveries in oil prices, most oil and gas companies have started to see a light at the end of the tunnel. They are…
Preventing damages caused by corrosion can extend the life of all the steel structures that are employed in the oil and gas industries alongside increasing the…
Cybersecurity signifies the protection of data, networks, and systems from potential cyber attacks with the help of a plethora of technologies, controls, and processes. With the…
Making biodiesel nowadays is not simply about producing renewable fuel. For biodiesel operators, it is a real challenge to produce high-quality forms of biodiesel that have…
Most of the CEOs from the industrial sector have heard a statement from their customers quite often. “Why can’t you deliver a service that is as…
Big Data is a concept which signifies the growing volumes, varieties and velocities of data. This concept is very familiar and relevant to the oil and…
On November 30th, 2018, the US Environmental Protection Agency (EPA) established a quota for the production of renewable fuels in 2019 and biomass-based diesel fuels in…
The latest issue of the Oil and Gas Journal enlightened us with the global refining capacities of 2019 alongside some readjustments in the capacities of global…
Did you know that China was set to become the world’s top importer of natural gas last year? This was because of its increased dependency on…
There are many different aspects of planning and scheduling when it comes to refineries. Many experts and organizations have come up with their own forms of…
We are currently in the middle of a technological revolution, and the signs are all around us. Go ahead and name any tech buzz words such…
Three years ago natural gas became the largest source of electric generation in the U.S. In 2017, natural gas increased its lead as coal continued its…
GasBuddy announced its latest survey findings on American motorists’ fuel-purchasing habits, revealing that drivers are prone to overpaying by at least 20 cents per gallon at…
Crude oil and natural gas prices continue to gain strength on news of increased demand. Oil futures on NYMEX for February delivery closed Wednesday at $63.57…
Scientists and researchers are continually on the forefront of new drilling technology development, to allow companies to compete in a tighter profit-margin market. Some are new…
The complex legal nature of negotiating a mineral rights lease agreement can be intimidating to the landowner as well as smaller oil and gas companies who…
GasBuddy projects that Thanksgiving will see the highest average gas prices since 2014 as the country prepares for the busiest traveling weekend of the year. Yet…
Motorists taking to the road for the July 4 holiday weekend will be benefitting from the lowest Independence Day gas prices since 2005, paying an average…
With summer road trip season around the corner and millions of Americans hitting the road, GasBuddy reveals which gas station brands have the highest-rated restrooms making them…
GasBuddy analyzed three years worth of fuel price data and found that Monday offers the lowest average, making it the best day to fill the tank.…
