Weak economic outlook fueled by the COVID-19 pandemic has led to a fall in oil and gas prices and weakening liquefied natural gas (LNG) demand, prompting…
Artificial intelligence (AI) technologies like machine learning and natural language processing are gaining inroads in the commodity trading arena to analyze data faster and spur more…
This week on Mining Money, Brandon Davis, CEO, Tim Travis and Imran Khan of Swan Energy talk about how the November national election will impact the energy industry. From prices to shale play USA, different angles…
Curtis Shuck, Well Done Foundation, talks about the emerging issue of orphan wells in America. Shuck explains the difference between orphan, abandoned and shut in wells.…
Kurita Water Industries, (Kurita), a leading global provider of water treatment products and services, is pleased to announce that it has received the “Distinction Award for…
Increasingly stringent flaring regulations have been a hot topic of discussion in the upstream oil and gas industry for several years. Levels of natural gas flaring…
Following the news on Alaska Ballot Measure 1, through which voters in the state will decide on whether taxes on oil should be increased for selected…
The predicted increase in COVID-19 cases as cold weather approaches in the Northern Hemisphere appears to be underway, resulting in an anticipated decline in economic activity…
Following ConocoPhillips’ US$9.7bn acquisition of shale rival Concho Resources; Steven Ho, Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view…
AUSTIN, Texas – Through ongoing operations and construction in 2019 alone, the Texas oil and gas pipeline industry provided more than $48.6 billion in economic impact, supported…
The Organisation of Petroleum Exporting Countries (OPEC) finally recognizing that global oil consumption will not continue growing forever is part of a growing chorus of gloom…
HOUSTON — Today, with hundreds of oil and gas professionals attending virtually, Quorum Software (Quorum) kicked off its first-ever Qnect On Demand conference for users of the company’s Upstream On…
While the adoption of augmented reality (AR) in the oil and gas (O&G) industry is in the introductory phase, this evolving technology has the potential to…
The Permian Basin, the largest oil producing region in the U.S., has been impacted the most by the COVID-19 pandemic. Since March 2020, several producing wells…
The Joe Biden-Kamala Harris team, if elected, will implement radical changes to energy policy increasing government oversight, and spending an estimated $2 trillion to eliminate the…
The COVID-19 pandemic has significantly impacted the U.S. pipeline sector and operators are left with little choice than to adopt strategies to save cash. As a…
Chattanooga, TN – MFG Chemical, a leader in specialty chemical contract manufacturing, announces the hiring of Joe Dymecki to the position of Director of Sales. In…
The COVID-19 pandemic has disrupted the oil and gas sector leading to a sharp fall in fuel prices coupled with an over-abundant supply of oil and…
Natural gas, once again, had an outstanding year setting production, consumption and export records in 2019, and attributed to reductions in carbon dioxide emissions, according to…
It is of course no secret that Louisiana is home to a major oil and energy economy. This has been the case for many years, and…
Austin, Texas — On Monday, October 5, the U.S. Department of Energy’s Office of Fossil Energy released a new comprehensive report reinforcing the benefits provided from…
HOUSTON – Quorum Software (Quorum), a Thoma Bravo portfolio company and the leader in digital transformation for the oil and gas industry, announced today that it has…
Global economic slowdown has led to reduced demand for LNG produced in the U.S. As a result, LNG exports from the country are likely to remain…
DENVER, Pa. – A high-end array of antique and vintage petroleum signs, gas globes and early gas pumps will be waiting to impress bidders at a…
BP will need to commit to significant investments in the renewable energy and liquefied natural gas (LNG) space in order to meet its 2030 target of…
Following the news of the merger between Devon Energy and WPX Energy; Steven Ho, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers…
The global oil and gas pipeline sector has been facing several headwinds in the form of a fall in oil and gas prices, demand destruction, and…
Worldwide oil production has declined an estimated 10 million barrels per day (b/d) – 2 million b/d in the U.S. – since January in response to…
What prompted you and the firm to conduct the survey? We chose the midstream sector because of the unique areas of vulnerability presented by the transportation…
Houston — Ninety percent of oil and gas executives agree that investment in technology and workforce are essential to surviving current market conditions, according to a…
Following today’s announcement of Total’s deal to develop 3.3GW solar capacity in Spain; Will Scargill, Managing Oil & Gas Analyst at GlobalData, a leading data and…
Alpha has opened a new training center in Houston after achieving accreditation from the Global Wind Organization (GWO) to deliver its Basic Safety Training (BST). The…
Aramco has faced a tough time in 2020 so far. Just months after its long-awaited IPO in December 2019, the impacts of COVID-19 on the company…
Following this week’s bullish sentiment with respect to Chevron’s shares; Adrian Lara, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his…
Even though some economic indicators in the oil and natural gas industry were flat this week, the chief executives of many companies are pessimistic about the…
Mergers and acquisitions (M&A) activity across the oil and gas sector reached US$224.4bn in deal value in 2019, reflecting growths of 29 and 159 percent compared…
LAFAYETTE, LA. — Ernst & Young LLP (EY US) today announced that Kenny DesOrmeaux, CEO/President of Ecoserv has been named an Entrepreneur Of The Year® 2020…
Amid oil price volatility, expanded producers’ agreements and questions about the long-term outlook for oil, OPEC is celebrating its 60th birthday this week. OPEC’s ability to…
Since the coronavirus pandemic disrupted worldwide economic activity this year, global energy markets have been in a “delicate re-balancing” situation. Two reports issued this week indicate…
The oil and gas industry is increasingly relying on digital technologies to transform itself in the 21st century. As increasing volumes of data are being stored…
HOUSTON – Oilfield Helping Hands (OHH) and Rocking WW Minerals are holding the inaugural WYO Bash, a benefit concert featuring Tris Munsick & The Innocents on…
The conventional refinery model of generating revenue by processing crude to produce transportation fuels is increasingly under threat from falling fuel demand. In such a scenario,…
Increasing petroleum consumption and rapid infrastructure development will drive the hydraulic fracturing market. As per BP statistical review, global crude oil consumption was 93 million barrels…
As upstream oil and gas companies emerge from Chapter 11 bankruptcies, they’ll need to be mindful of exit credit facility terms and requirements that may reflect…
BP and Equinor, formerly, Statoil announced the formation of a new strategic partnership to develop offshore wind projects in the U.S. This includes the development of…
HOUSTON – Morrison, a leading energy service company for the oil, gas and renewables industries, successfully completes the installation of Byron Energy Limited’s South Marsh Island…
Crude oil and natural gas prices stabilized in August, but the future looks uncertain, according to a recent report from the Energy Information Administration (EIA). EIA…
The global oil and gas industry has witnessed a continual slowdown in the number of oil and gas contracts, as companies are finding it difficult to…
HOUSTON, Texas — Data Gumbo, the trusted industrial blockchain network, today announced that it enables real-time lease operating expenses (LOE) for oil & gas operators. By…
Aberdeenshire start-up company, Legasea, has now been nominated for three business awards in quick succession. Despite having only established the business in 2019, the impact that…
