The daily business of oil and gas in America — deals, drilling, prices and the policy that moves them.
SAN ANTONIO, TX – EPIC Y-Grade, LP is pleased to announce that a subsidiary has fully commissioned and placed into service its first 110,000 barrel per…
Following yesterday’s announcement of BP’s strategy for transition from an international oil company to an international energy company, Will Scargill, Managing Oil & Gas Analyst at…
North America’s oil & gas industry saw a drop of 42.7 percent in overall deal activity during Q2 2020, when compared to the four-quarter average, according…
TULSA, OKLA. – W Energy Software, the new leader in upstream and midstream oil & gas ERP solutions, announces the launch of its oil & gas…
Cloud computing allows oil and gas companies to scale their data management and storage, driving greater flexibility in infrastructure costs. The high computing power delivered via…
Baton Rouge, LA – ExxonMobil Baton Rouge earned multiple awards by the American Fuel and Petrochemical Manufacturers’ (AFPM) for outstanding safety performance. The Baton Rouge Polyolefins…
Following Petrobras’ Q2 results reported on July 31st; Steven Ho, Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the…
Following the release of Shell’s Q2 2020 earnings call; Effuah Alleyne, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers her…
Laser technology adds efficiency and detail to inspections When Gabriel Rodriguez arrives at a job site, he has a single focus: get the work done…
Demand for energy dropped to historic lows across the United States in April, according to a new report from the Energy Information Administration. The COVID-19 pandemic…
Following the release of Schlumberger’s Q2 2020 earnings call; Effuah Alleyne, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers her…
Austin, Texas — A new report released Wednesday, July 29, 2020, by the Texas Independent Producers & Royalty Owners Association (TIPRO) shares data and analysis on…
Crude oil prices are making a comeback, but natural gas has the summer blues. Crude oil prices on the New York Mercantile Exchange closed Wednesday at…
Following Halliburton’s Q2 2020 earning call, where the company fully commits to its strategy of improving innovative customer solutions through digital technology and concentrating on international…
Following the news that Chevron is to acquire Noble Energy for $13bn; Adrian Lara, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics…
Amidst oil & gas industry downturn, W Energy Software’s market share surges forward for natural gas plant accounting, liquids transportation, and upstream ERP as energy sector…
Venezuela’s oil and gas sector was already caught in a vicious cycle well before the COVID-19 outbreak created a world economic crisis. Even though there are…
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.…
