Petroleum Industry Shows Strength as Demand Rises
Petroleum prices are rising as the economies around the world recover from the Covid-19 pandemic and demand has caught up with supply. The Energy Information Administration…
The daily business of oil and gas in America — deals, drilling, prices and the policy that moves them.
Petroleum prices are rising as the economies around the world recover from the Covid-19 pandemic and demand has caught up with supply. The Energy Information Administration…
More than a year after it was first declared, the end of the COVID-19 pandemic may be in sight. Global vaccination rates are rising, and while…
Crude oil traders were in a perplexing situation this week. Some expected crude oil prices to rise following the failure of OPEC+ to reach a new…
HOUSTON, TX — The 23rd World Petroleum Congress continues to expand and build participation from key global energy leaders and companies, with the announcement of several…
The Crude Life engages with industry experts and energy enthusiasts every day with interviews, radio programs, social media posts, print features, video content and podcasts. These…
The Internet of Things (IoT) is widely used in many industries, including the oil and gas sectors. Applying the technology in thoughtful, actionable ways can increase…
Crude oil prices in the U.S. continued to show strength this week while demand for petroleum products remains strong and crude oil inventories continue to slide.…
The oil and gas industry is very hectic. People have to deal with rushing drivers regularly, and perhaps more concerning of all is that they have…
Find out why it’s important for businesses to apply these attributes of a highly available system architecture to mitigate the risk of downtime and disruption. On…
Did you know it is possible to create high-quality Microsoft (MS) PowerPoint presentations with audio and video narration using PowerPoint alone? It is! I recently discovered…
Crude oil and natural gas prices continue to show strength for the fifth consecutive week as the global economy rebounds. Crude oil prices on the New…
Liquefied natural gas (LNG) is the liquid form of natural gas, primarily used for shipping purposes across the world. An LNG chain consists of production, liquefaction,…
Change is nothing new for the oil and gas industry. Every time there has been a major change in price since 1973, the industry has entered…
When it comes to the Oil and Gas industry, safety is the number one concern for site workers. A good HVAC design plays a vital role…
The COVID-19 pandemic has arguably affected every industry under the sun. Think about the manufacturing, tourism, travel, entertainment, healthcare, commerce, finance, government, real estate, telecommunications, and…
Minneapolis, MN – Kurita Water Industries (Kurita) (Headquarters, Tokyo, Japan), a leading global provider of water treatment solutions, today announced the completion of its acquisition of…
The price of crude oil continued to rise this week surpassing $70 as the economies of the world break out of a recession created by Covid-19.…
As high net worth continues to be a major topic of discussion, the investors aren’t holding back their investments from growing bigger in the future. This…
The price of crude oil has made back all that it lost during the Covid-19 pandemic of 2020 as demand for petroleum products has returned. In…
In the aftermath of a cyberattack that shut down America’s largest oil pipeline, we’re seeing gas prices skyrocket. The effects of this terrible ransomware attack have…
Find out why developing and continually maintaining a business continuity plan can help energy companies better prepare for unexpected disturbances. Whether it be natural disasters, cybersecurity…
Here are four tips to choosing the right ETRM or CTRM system to transform your business today and provide the agility to respond to the demands…
Here’s how the SAP Community can mitigate the risk of a widespread cybersecurity incident involving their SAP systems. On April 6, enterprise resource planning (ERP) software…
Demand for petroleum products continues to expand into the Memorial Day holiday sending gasoline prices over the $3-per-gallon mark for the first time in seven years.…
The oil and natural gas industry in Texas and globally has for several years battled volatile prices, a coronavirus pandemic, declining demand, an oversupply of product,…
Austin, Texas – The International Energy Agency (IEA) issued a report this week calling for no new investment in fossil fuel supply and provided a roadmap…
Austin, Texas – Today, Governor of Texas Greg Abbott signed legislation that will preserve the right of Texans to have access to energy choices, including natural…
The project’s supplier quality surveillance (SQS) plan was prepared using a conventional criticality rating procedure (Section 2.2). Before and after purchase order (PO) award, these unexpected changes…
Pulitzer-prize winner, respected author, and leading energy expert, Dr. Daniel Yergin, is being recognized for his “exceptional contribution to the oil, gas and energy industry” with…
Find out why the cyberattack on Colonial Pipeline will have broad implications on how the energy industry defends and responds to future incidents. As our world…
On Friday, Colonial Pipeline, which transports refined petroleum products (gasoline, jet fuel, etc.) from Texas to New Jersey, halted operations because of a cyberattack on its…
The recent cyberattack on Colonial Pipeline underscores just how vulnerable critical U.S. infrastructure is to cybercriminals. On May 7, 2021, Colonial Pipeline, a major U.S. fuel…
As President Biden tries to move his massive energy/environment agenda forward, he must come up with programs appealing to Democrats and Republicans, which may prove to…
Austin, Texas – Today members of the Texas House of Representatives voted to approve Senate Bill 13, which seeks to prohibit companies that divest from, boycott…
Austin, Texas – Today members of the Texas Senate voted to approve legislation that will preserve the right of Texans to have access to energy choices…
TULSA, OKLA. – W Energy Software, the new leader in upstream and midstream oil & gas SaaS ERP solutions, announced today the acquisition of Chorus Logistics,…
This new acquisition expands our Industrial portfolio and assists in our growth. PORTLAND, OR – Northwest Pump has purchased the Assets of D.R. Smith Co., Inc.…
TULSA, OKLA. – W Energy Software, the new leader in upstream and midstream oil & gas SaaS ERP solutions, announces that Laredo Petroleum has signed software licenses…
Oil sites pose many potential dangers to workers. The heavy operating types of equipment could cause accidents that can lead to injuries. Explosions and fires are…
Five lessons learned from upgrades and implementations of RightAngle S20+. Many established upstream, midstream, and downstream oil and gas companies were early adopters of both ERP…
Data from a variety of sources indicate the cycle of contraction in the oil and gas industry has reversed and demand for petroleum products is returning.…
The oil industry continues to be one of the most important components of our country’s infrastructure. The oil produced is essential to power our vehicles, heat…
Hedging remains a mainstay activity for many oil and gas producers, and some crude producers are hedging their crude production farther out into the future than…
We are truly and irrevocably dependent on energy. From charging smartphones and cars to powering houses, hospitals, and commercial places, energy drives our daily life. The…
Austin, Texas – Initially introduced in 2019, the radical “Green New Deal” policy was pushed to eliminate U.S. greenhouse gas emissions within a decade and transition…
If Congress passes President Biden’s energy proposal, American consumers need to get ready to relive the days of double-digit increases in energy prices. Biden’s plan is…
Insurance can help businesses in the oil and gas industry with unexpected expenses caused by various things, such as accidents or professional mistakes. These companies include…
Alpharetta GA — Anue Water Technologies, the manufacturer of cost-effective FORSe® and Phantom® Oxygen/ Ozone injection systems, Enviroprep® well-washers, and provider of Anue Geomembrane Covers with…
Here are four helpful steps to effective organizational change management in a hybrid-remote work environment. The world is changing in seemingly every way possible, but how…
As two agencies recently reported an improving global economy has sparked optimism about improving demand for petroleum products, President Biden introduced his plan to increase taxes…