Oil and Gas News

Worldwide oil production has declined an estimated 10 million barrels per day (b/d) – 2 million b/d in the U.S....

What prompted you and the firm to conduct the survey? We chose the midstream sector because of the unique areas...

Houston —  Ninety percent of oil and gas executives agree that investment in technology and workforce are essential to surviving...

Following today’s announcement of Total’s deal to develop 3.3GW solar capacity in Spain; Will Scargill, Managing Oil & Gas Analyst...

Alpha has opened a new training center in Houston after achieving accreditation from the Global Wind Organization (GWO) to deliver...

Aramco has faced a tough time in 2020 so far. Just months after its long-awaited IPO in December 2019, the...

Following this week’s bullish sentiment with respect to Chevron’s shares; Adrian Lara, Oil and Gas Analyst at GlobalData, a leading...

Even though some economic indicators in the oil and natural gas industry were flat this week, the chief executives of...

Mergers and acquisitions (M&A) activity across the oil and gas sector reached US$224.4bn in deal value in 2019, reflecting growths...

LAFAYETTE, LA. — Ernst & Young LLP (EY US) today announced that Kenny DesOrmeaux, CEO/President of Ecoserv has been named...

Since the coronavirus pandemic disrupted worldwide economic activity this year, global energy markets have been in a “delicate re-balancing” situation....

The oil and gas industry is increasingly relying on digital technologies to transform itself in the 21st century. As increasing...

HOUSTON – Oilfield Helping Hands (OHH) and Rocking WW Minerals are holding the inaugural WYO Bash, a benefit concert featuring...

The conventional refinery model of generating revenue by processing crude to produce transportation fuels is increasingly under threat from falling...

Increasing petroleum consumption and rapid infrastructure development will drive the hydraulic fracturing market. As per BP statistical review, global crude...

As upstream oil and gas companies emerge from Chapter 11 bankruptcies, they’ll need to be mindful of exit credit facility...

BP and Equinor, formerly, Statoil announced the formation of a new strategic partnership to develop offshore wind projects in the...

HOUSTON – Morrison, a leading energy service company for the oil, gas and renewables industries, successfully completes the installation of...

Crude oil and natural gas prices stabilized in August, but the future looks uncertain, according to a recent report from...

The global oil and gas industry has witnessed a continual slowdown in the number of oil and gas contracts, as...

HOUSTON, Texas — Data Gumbo, the trusted industrial blockchain network, today announced that it enables real-time lease operating expenses (LOE)...

Aberdeenshire start-up company, Legasea, has now been nominated for three business awards in quick succession. Despite having only established the...

The global oil & gas analytics market was valued at US$ 13 billion in 2019 and is anticipated to expand at a CAGR of ~15...

Following the release of official weekly U.S. Energy Information Administration data on stocks, demand and supply of US crude oil...

Since discovering a sizable oil discovery in offshore Guyana, Exxon Mobil, along with several exploration and production partners, actively explored...

HOUSTON – C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has completed the...

“I am not banning fracking,” Democratic Presidential candidate Joe Biden said in Pittsburg on Aug. 31. “Let me say that...

Minnesota-Born Boot Company to Promote Jobs, Not Boots, Transforming Its More than 525 Stores into Job Centers, Turning Its Customer...

The global COVID-19 pandemic has disrupted the energy industry. Declining demand for oil and gas has led companies to reduce...

As private equity fund managers assess the economic impact of COVID-19, developing reliable valuation processes and procedures for their investments...

A total of 18 planned and announced Floating Production Storage and Offloading (FPSO) projects are expected to be deployed offshore...

Just when the petroleum industry thought things were really bad (oversupply of crude oil and natural gas, bad global economy,...

The demand for gasoline and jet fuel has taken a hit as a result of nation-wide lockdown across the U.S....

The debate over energy policy has changed. A short time ago the debate’s primary element was reducing America’s dependence on...

The Treasury Department and the IRS recently provided practical administrative guidance for carbon capture and sequestration tax credits, but what...

Investment management organizations are stepping up their commitment to the role ESG plays in long-term value creation, but what are...

Following the approval of an oil and gas leasing plan for Alaska’s Arctic National Wildlife Refuge (ANWR) by the U.S....

Financial and business leader brings high-growth and multi-industry experience to further accelerate the company’s growth. ABILENE, Texas, — WolfePak Software,...

Operators in the Americas region have had to manage projects and mitigate the effects of COVID-19 through severe production cuts...

Due Process Review Awarded for Employers Facing Fair Labor Standards Act Litigation Employers in the energy sector in general, are...

Austin, Texas – Today, the U.S. Environmental Protection Agency (EPA) released final regulations revising the New Source Performance Standards (NSPS)...

The Bakken Shale play, the second largest oil producing region in the U.S. after the Permian Basin, has witnessed a...

The global COVID-19 pandemic has created an incredible economic decline in Texas, the U.S. and throughout the world. However, two...

MARINA, Calif. – Fox Thermal announced today the release of a 3-Part “Industry Leader in Mass Flow Measurement” video series....

With legacy ETRM systems approaching their next upgrade cycle, oil and gas companies should turn their attention towards taking a...

W Energy Software welcomes new Director of Measurement to spearhead product roadmap and development for measurement solutions across the energy...

President Donald Trump sought to give a morale boost to the beleaguered Texas energy industry during a visit Wednesday to...

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Following the release of Marathon Oil’s Q2 results; Andrew Folse, Oil & Gas Analyst at GlobalData, a leading data and...

Now is the time for oil and gas companies emerging from Chapter 11 bankruptcy to adequately address their associated fresh-start...