The daily business of oil and gas in America — deals, drilling, prices and the policy that moves them.
Railroad Commission (RRC) Chairman Wayne Christian recently asked the Texas Alliance of Energy Producers to participate in a Blue Ribbon Task Force to provide industry recommendations…
Global subsea wireless and digitalisation specialist WFS Technologies has scored a double whammy after being revealed as the winners of two prestigious accolades by the organisers…
Web service gathers train data via HPA interface / Introduction of handhelds planned Digital transformation in the port of Hamburg: Effective immediately, the tank terminal operator…
Social distancing is directly affecting global travel, logistics and material handling, as well as potentially creating gaps along the oil and gas supply chain that will…
Austin, Texas – Today, the Railroad Commission of Texas convened for its monthly commissioners’ conference to discuss pending business and regulatory matters, as well as receive…
To protect balance sheets, maintain shareholder pay-outs and preserve cash, oil and gas companies have gone into survival mode, reducing forecast expenditure where possible to weather…
Following the release of Q1 results from several oil and gas companies; Ella Benson Easton, Thematic Analyst at GlobalData, a leading data and analytics company, offers…
Operator and petroleum engineer becomes first woman to chair a major Texas oil and gas trade association AUSTIN, Texas – Cye Wagner of Fort Worth-based Cooper…
The global oil and gas pipeline sector is facing several headwinds such as fall in the oil and gas prices, demand destruction and a weak global…
Gasoline prices from coast-to-coast have declined more than $1 per gallon this year as a result of a massive oversupply of petroleum products. AAA reported the…
Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing, is partnering with EcoVadis to measure and continuously improve its sustainability profile.…
Senator John Hoeven (R-ND), a member of the Senate Energy and Natural Resources Committee, made the case to U.S. Treasury Secretary Steven Mnuchin, U.S Energy Secretary…
Lynn Helms, Director, Department of Mineral Resources, recalls what life was like during the last bust when rig counts reached zero in the Bakken. Helms was…
Following recent news about Oil Sands producers shutting down crude production due to their unprofitability; Adrian Lara, Senior Oil & Gas Research Manager at GlobalData, a…
Scoop-Stack hit a peak, in terms of rig count in 2018, averaging approximately 75 rigs for the year with the majority of them operating within the…
“Classic supply and demand imbalance.” “Perfect storm.” “Insane.” That’s how government and oil industry officials described the historic collapse of crude oil prices this week. On…
Following the historic fall of the West Texas Intermediate (WTI) futures price for May delivery into negative territory, going as low as negative US$37.6 per barrel;…
The Crude Life host Jason Spiess joins Genneca for a weekly energy report on The Country Twins morning show. This week Spiess recaps a week of interviews…
The oil price crash has forced Eagle Ford operators to re-evaluate their cash flows, cutting capital expenditure and rig count in 2020. By assessing the readjustment…
“Oil ain’t pork bellies.” That was a comment made during the debate in the early 1980s regarding the decline in crude oil prices and the implementation…
Austin, Texas – Today, the Railroad Commission of Texas will conduct an open meeting to discuss a motion to determine reasonable market demand for oil in…
Following today’s news (Friday 10 April) that the OPEC+ agreement, which will cut production by ten million barrels, is contingent on Mexico’s consent to also cutting…
Even though crude oil prices rebounded about 15 percent this week, oil inventories continued to rise as energy demand and economic conditions declined. Spot crude oil…
The economic chaos facing the oil and natural gas industry in the United States is real and it is coming fast like a runaway locomotive blasting…
Following the coronavirus (COVID-19) outbreak, China – the world’s biggest importer of crude oil – has been forced to cut down on consumption. The resulting oil…
The rates for chartering very large crude carriers (VLCCs) has surged exponentially due to a spike in demand for long-term offshore storage of crude oil following…
Newly formed Kurita America aims to change how water treatment solutions are designed and delivered Nakano-ku, Japan – Kurita Water Industries, (Kurita), a leading global provider…
As the oil and gas sector comes to terms with decade-low oil prices and global disruptions caused by the coronavirus (COVID-19), company costs and investments are…
Austin, Texas – The Texas Independent Producers & Royalty Owners Association (TIPRO) is a proud partner of the Texas Methane & Flaring Coalition (TMFC), a collaboration of…
Two of the world’s largest producers of crude (Saudi Arabia and Russia) refused in early March to curb output and are now flooding the market with…
Ten countries produced 80% of all flared gas, and their forgone revenue from failing to monetize the gas constituted over US$19bn in 2019, according to leading…
Following the announcement that several key operators in the Permian Basin are significantly reducing capex or production in their positions as a result of the severe…
The oil industry in the United States once again faces dramatic declines in crude oil prices at the hands of foreign countries seeking to bankrupt high-cost…
In the wake of the coronavirus and collapse in crude oil prices, chemical, and oil and gas, and midstream companies will all slash capital spending (capex)…
Tucker, GA – Anue Water Technologies, the leading supplier of cost-effective Oxygen, Ozone and other sustainable and high-performance technologies to prevent odor, corrosion, scale, bacteria, and…
Following the news that global oil prices plummeted to an 18-year low on March 18 as a result of the coronavirus-fueled demand shock and the supply…
The Scoop and Stack shale plays of Oklahoma may not be as prolific as the Permian Basin or the Bakken shale play. However, acreages across Kingfisher,…
More than 4.6 trillion cubic feet of natural gas were flared globally in 2019. The potential value of this flared gas could be as high as…
While energy markets continue to be volatile, fewer oil and gas producers have hedges in place than in prior years. In addition, a number of producers…
Following the expected cuts in capital expenditure (capex) for shale operators in the Bakken due to demand shock from the coronavirus (COVID-19) and supply shock from…
The Maka Central discovery has the potential to bring more than US$50m in revenue per year to the Surinamese Government, if it sees similar success to…
Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing, announces the promotion of Tim Haggerty to Vice President, Oil and Gas.…
The recent coronavirus (COVID-19) outbreak is adding further woes for the oil and gas industry, which is already plagued by oversupply and declining prices. This is…
WASHINGTON DC – Today, the American Energy Alliance (AEA) raised concerns about the ballooning $1.2 trillion stimulus package Congress is currently considering and what misguided proposals…
Sometimes it is difficult to understand the actions of world leaders. A perfect example is the recent decision by Russia to not agree with a proposal…
The collapse in crude oil prices is wiping out much of the U.S. petrochemical competitive advantage while global demand is being slammed by the continuing spread…
William Prentice, CEO, Meridian Energy Group gives an update on the Davis Refinery and Walton Refinery. Prentice discusses the next step in financing and construction. Prentice…
The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity plans…
