Following Energy Information Administration’s release of official weekly data on stocks, demand and supply of U.S. crude oil and refined products; Adrian Lara, Senior Oil &…
Presidential candidate Joe Biden released his very ambitious, and expensive, energy plan this week. The cost is an estimated $2 trillion, and the 23-page plan does…
Even during the current COVID-19 crisis of lower economic activity, natural gas imports from Mexico have remained at levels of around 5,300 mmcfd during the first…
With limited exit and financing alternatives, oil and gas companies must take steps to address G&A and overhead costs to ensure the financial health of the…
The U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) is working with government and industry partners to identify cybersecurity risks and develop strategies…
The recent tough times in the oil patch began in 2015 when rising oil and natural gas production, primarily in the United States, began to outstrip…
According to the Graphical Research new growth forecast report titled “North America Digital Oilfield Market Share By Process (Production Optimization, Reservoir Optimization, Drilling Optimization, Others), and…
Oilfield services companies will need to preserve capital and ride out the storm before they can expect to see an uptick in activity. Historically, there’s been…
Subsea technology has drastically improved in the last two decades in terms of functionality and reliability, with notable strides made in areas such as subsea processing,…
Weatherford International is expected to be one of the most highly impacted of the major oil field service providers as a result of COVID-19 and weak…
BELFIELD, N.D., — Meridian Energy Group, Inc., the leading innovator in the petroleum refining industry, announced today that the North Dakota Supreme Court has upheld the…
Most oil company leaders, who traditionally are very optimistic, have a pessimistic opinion about the future, according to a recent survey by the Dallas office of…
Demand for transportation fuel has taken a huge hit on oil refineries since late March 2020 amid COVID-19 lockdowns. Being ill prepared to tackle such sudden…
The COVID-19 outbreak and crude oil price crash have pushed petrochemical companies in the U.S. to announce project delays. With major complexes such as Shell Beaver…
A combination of asset type and geographical diversification can determine the impact COVID-19 has on North American oil and gas companies. Other characteristics such as debt-to-equity…
Following the continued cancellation of U.S. LNG cargos; Adrian Lara, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view…
As the first half of 2020 comes to a close, the oil and gas industry has been on a historic rollercoaster ride with peaks and valleys…
Oil operators have been struggling since oil prices plummeted in March. Many are not able to adjust as quickly as needed and have nothing left to…
The upstream oil and gas industry is currently undergoing a paradigm shift as companies scramble for cash and face bankruptcies and restructurings under the weight of…
The natural decline rates of existing oil and gas wells across major shale plays will contribute to a tighter supply/demand balance. The recent dramatic decline in…
North America is expected to be the frontrunner in global LNG liquefaction capacity growth through new-build (planned and announced) and expansion projects during the outlook period…
Arlington, Virginia – Venture Global LNG, Inc. is proud to announce that Calcasieu Pass LNG has begun installing the first equipment to liquefy natural gas at…
Weak economic outlook coupled with the impact of COVID-19 has hit the oil and gas industry in general, and the North American pipeline sector is no…
The global oil & gas downhole cables market was valued at ~US$ 1.2 Bn in 2018 and is anticipated to expand at a CAGR of ~7 percent during the forecast period. In…
Just about everybody knows that crude oil produced in the U.S. from extremely tight formations, called shale, is just about the most expensive worldwide today because…
Austin, Texas – Today, the Railroad Commission of Texas heard invited testimony from the Blue Ribbon Task Force for Oil Economic Recovery, environmental groups and oil…
Leading provider of produced saltwater transportation and disposal services to deploy W Energy Software’s field data capture and cloud-based dashboard, providing new operational efficiencies for its…
Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing has successfully achieved ISO 9001:2015 Certification on its 26.7-acre plant in Pasadena,…
Time is money, and the longer refineries are offline for the necessary cleaning and maintenance, the more money is being lost. The cleaning, maintenance, and general…
Small Business Suffering Signs According to energy author and expert Art Berman, small business is in for a rough second half of 2020. And he’s not alone either.…
Refiners and importers of gasoline or diesel fuel who must demonstrate compliance with the RFS need to be mindful of the risks related to their RVOs…
The production and sale of energy is growing – and with consumption increasing, the world’s producers and providers are having to think of renewable methods in…
The COVID-19 pandemic has caused global industrial slowdowns and travel restrictions resulting in an unprecedented and rapid decline in the global demand for oil. Coupled with…
Consumption of oil and natural gas in the U.S. will increase during the remainder of this year, according to a new study by the Energy Information…
Record One-Month Oil and Gas Job Loss and Crude Oil Production Decline The Texas Alliance of Energy Producers’ Texas Petro Index (TPI) dropped steeply from March to April…
Oil companies in Texas reportedly started to pay buyers to take oil off their hands and even pumping it underground for storage.
In March 2020, talks broke down between OPEC leader Saudi Arabia and Russia, which is not a member of OPEC. The two oil-producing countries met in…
Bakken production is expected to fall through 2020, however, it will remain above 1million barrels of oil equivalent per day (mmboed) at the end of this…
The Oil and Gas Blockchain Consortium aims to reduce costs, increase efficiency and provide transparency for industry...
Mining involves capital investment, with one-third accounting for equipment, according to Mordor Intelligence. Mining operations require the use of different machinery to achieve various tasks with accuracy…
Reduced demand due to economic slowdown, coupled with the COVID-19 outbreak, has led to cancellations of long-term liquefied natural gas (LNG) supply contracts and cargo deferments…
Joe Biden’s proposal to ban new offshore oil and gas drilling in federal waters would cost nearly 200,000 jobs, strip the U.S. government of billions in…
In this “lower for longer” environment, the vast majority of energy companies cut payouts, including 60 companies this year since early March. In contrast, France’s Total…
The oil and gas industry is well known for having pronounced boom and bust cycles, with the current trend being downward due to the reduced demand…
Regional energy companies are investing to consolidate their oil and gas market share over the long term. The race among Gulf national oil companies (NOCs) to…
China and the U.S. and are expected to lead the capacity growth in the global LNG liquefaction and regasification sectors from planned and announced (new-build) projects…
The COVID-19 crisis has affected a wide range of businesses, but its impact on the oil and gas industry is particularly severe due to restrictions on…
TULSA, Okla., — The GPA Midstream Association and affiliated midstream suppliers association GPSA announce their 2020 – 2021 officers and new board members elected to lead…
DALLAS — Williams & Williams, a worldwide real estate auction firm and leader in global live and interactive auctions will auction 20+ properties for oilfield services…
