It is well known that presidential candidate Michael Bloomberg, one of richest men in the world, has used his money in a massive advertising campaign to…
BOSTON — Since the introduction of the “horseless carriage,” motorists have been confronted with a singular reality: the price on the street corner is the price you have…
The Offshore Oil and Gas Market valued at $86 Million in 2018 is expected to reach $151 Million by 2025 with the CAGR of 8.3% over…
Tucker, GA — Anue Water Technologies, the leading supplier of cost- effective and sustainable technologies to prevent odor, corrosion, scale, bacteria, and FOG (fat oil, grease)…
Austin, Texas – Today Texas Railroad Commissioner Ryan Sitton released a report highlighting data on flaring volumes from the oil and natural gas industry. The report examines…
HOUSTON – Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, today announced it acquired Denver-based EnergyIQ, a leading provider of…
Dalton, GA – MFG Chemical, a leader in specialty and custom chemical manufacturing announces that Paul Turgeon, who has served on the Company’s Board of Directors…
In 2019, offshore discoveries accounted for more than 60% of global discoveries, up significantly on previous years, says GlobalData, a leading data, and analytics company. The…
Worldwide crude oil prices have been soft during the past five years because of weak demand and an oversupply. Recent news of the coronavirus in China,…
In my previous article, I discussed how all energy companies typically get lumped together as a group and what they, as an industry, need to be…
Denmark has greenlit the Nord Stream 2 project, a joint German-Russian pipeline aimed at transporting Russian gas directly to Germany under the Baltic Sea. The move…
Total oil & gas industry M&A deals in December 2019 worth $11.22bn were announced in the U.S., according to GlobalData’s deals database. The value marked an…
The upstream sector accounted for the bulk of mergers and acquisitions (M&A) in the global oil and gas industry in 2019, generating some high-value transactions during…
In a time when the world is claiming that data is the new oil, it is woefully ironic that the oil industry is so far behind…
The size of the Digital Oilfield Market was registered at USD 24 billion in the year 2018 and is anticipated to cross USD 39 billion by…
As many oil and gas companies began releasing their 2019 financial reports this week, it became apparent that last year was a stinker financially even though…
Deal activity in 2019 has largely revolved around the need to improve company finances and reduce debt. It drove multinational oil and gas companies, such as…
In the growing area of Environmental, Social and Governance (ESG), every energy company, right or wrong, good or bad, seems to get lumped in as uncaring…
As Russia’s statistic agency reports that 2019 was another year of record oil production, with growth of 0.8% from 2018, the country’s recent production history merits…
In the most high profile example of a national legislature focusing down on gas and oil structural issues, authorities in Canada’s major production province, Alberta, are…
Following the news that the UAE confirmed the country’s first case of the Wuhan coronavirus – the first confirmed case in the Middle East; John Bambridge, Features…
The exploration-and-production (E&P) sector of the U.S. oil and gas industry faces many financial hurdles this year as forecasts of stagnant demand with increasing supplies give…
Oil and gas operators globally will continue to push for faster returns with shorter cycle investments, as the industry moves away from giant developments, according to…
BOSTON — While American households are expected to spend nearly $2,000 on fuel in 2020, families can fork out an additional $200 more on gas per year if…
Austin, Texas – The Texas Independent Producers & Royalty Owners Association (TIPRO) today released the fifth edition of its “State of Energy Report,” offering a detailed…
2019 was a year of contraction in the Texas upstream oil and gas economy according to the Texas Alliance of Energy Producers Texas Petro Index. The…
LONDON – The fourth annual Global Energy Talent Index (GETI), the world’s largest energy recruitment and employment trends report, is released today, showing that oil and gas…
WASHINGTON – A recent poll found that nearly two-thirds of Illinois residents support optimization of the Dakota Access Pipeline (DAPL) – which would nearly double the…
North America had the highest crude oil refinery capacity under maintenance (both planned and unplanned) globally in 2019, and the region had a refining capacity of…
Energy prices in the U.S. will be flat this year as production of crude oil and natural gas will set records, again, according to projections by…
Leading provider of cloud-based oil & gas software solutions selected to modernize Vernon E. Faulconer, Inc.’s core business software and position the producer for sustained growth…
ExxonMobil Fuels and Lubricants Co (ExxonMobil Fuels) had the highest crude oil refinery capacity under maintenance (both planned and unplanned) among all the refinery operators globally…
Shell has retained its title of the world’s most valuable oil and gas brand for the fifth consecutive year, recording a 12% increase in brand value…
Oil and gas assets are increasingly fitted with a multitude of Internet of Things (IoT) sensors, causing exponential growth in data. This, in turn, is increasing…
President Trump signed an agreement with China this week that will increase trade between the two countries in many sectors of the economy, especially for agriculture,…
Austin, TX – Enverus, the leading oil & gas SaaS and data analytics company, has released its latest FundamentalEdge report, Pumping the Brakes. This market outlook…
The recent events in Iraq – the attacks on a U.S. embassy, a U.S. drone strike that killed an Iranian general and Iran’s missile attack on…
Saudi Aramco is continuing to focus significant efforts on crude oil expansion, according to GlobalData, a leading data and analytics company. The company’s report, ‘Saudi Aramco…
Richard Thompson, Editorial Director at GlobalData, a leading data and analytics company, provides his view: “There are two primary factors behind the volatility in the Aramco…
Lower natural gas prices are causing E&P companies to get creative with their hedging strategies to lock in near-term cash flows above the dismal levels the…
U.S. Senator Kevin Cramer explains how the death of Iranian Revolutionary Guard Corps-Quds Force General Qasem Soleimani will impact the energy economy. Senator Cramer cites the…
Asia is expected to lead the global petrochemical industry capacity growth from new-build and expansion projects between 2019 and 2030 with 50 percent share, according to…
Public and private energy companies should address year-end 2019 goodwill and long-lived asset impairment testing procedures so quarterly and financial audits and reviews can go smoothly…
North America is set to drive the global new-build crude oil trunk/transmission pipeline length additions, contributing around 51% of the global planned and announced crude oil…
The recent events in Iraq – the attacks on the U.S. embassy, the death of an Iranian general by U.S., and Iran’s missile attack on an…
Military action leading to closure of the Strait of Hormuz between Iran and Saudi Arabia could seriously disrupt global trade in chemicals and oil products, with…
Steven Ho, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view on what Cornstock’s Chesapeake’s Haynesville assets acquisition will mean…
Austin, Texas – The Texas Independent Producers & Royalty Owners Association (TIPRO) today released the next edition of its “State of Energy Report” series entitled A Decade…
BOSTON – GasBuddy, the smartphone app helping consumers avoid paying full price for fuel, today predicts that 2020 will feature a yearly national average of $2.60 per…
Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing, received a Performance Improvement Award for Resource Management and Waste Minimization from…
