The daily business of oil and gas in America — deals, drilling, prices and the policy that moves them.
Global merger and acquisitions (M&A) and raising activity in the oil and gas upstream sector totaled US$63.4bn in Q3 2019, representing a 50% decrease from the…
Even though there appears to be signs of weakening in the crude oil and natural gas production boom in the U.S., a new report from the…
In view of the increasing competition and narrowing margins among oil and gas companies, asset management is obtaining greater relevance in enhancing operational efficiencies, according to…
Austin, TX – Enverus, the leading energy SaaS and data analytics company, released an update on U.S. hydrocarbon exports showing the impact of recent infrastructure additions…
HOUSTON – (Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, today announced the release of OGsys On Demand, a cloud-based oil and…
ABILENE, TX – WolfePak Software, a portfolio company of Charlesbank Capital Partners and leading provider of accounting, regulatory compliance and automation software for the oil and…
BOSTON — GasBuddy, the smartphone app helping consumers avoid paying full price for fuel, today projects the national average gasoline price for Thanksgiving will be at its highest…
This year, deal activity in the Haynesville play has attributed to notable changes in acreage positions among operators, which have been competing aggressively for acreage in…
Joe Dancy, Associate Director, Southern Methodist University Maguire Energy Institute, gives his thoughts on Energy’s Top Stories, Trends and Issues of 2019. Topics and stories discussed…
As the member countries of the Organization of Petroleum Exporting Countries, better known as OPEC, prepare for their important meeting in Vienna on Dec. 5-6, questions…
3D printing has tremendous potential in the oil and gas industry in delivering productivity gains, says GlobalData, a leading data and analytics company. GlobalData’s latest report,…
Goldman Sachs has secured the top position in the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers for the oil &…
Oil and gas companies are analyzing operational data using virtual reality (VR) to enhance their decision-making capabilities, according to GlobalData, a leading data and analytics company.…
The recent resurgence of drilling activity in the Haynesville shale is expected to continue for the foreseeable future, considering the projected rise in demand for natural…
HOUSTON – OspreyData, leader in AI-Based Production Optimization solutions for Oil & Gas, announced today that they are launching the Unified Monitor solution, a component of…
Total oil & gas industry M&A deals in September 2019 worth $16.81bn were announced globally, according to GlobalData’s deals database. The value marked a decrease of…
Record production of natural gas in Texas and throughout the United States has created lower natural gas prices for consumers, but it has many companies that…
Following the rapid adoption of virtual reality (VR) technology in consumer markets, the oil and gas industry is witnessing wide-scale deployment of this technology across its…
More negative news for the crude oil exploration-and-production industry in the United States this week as prices dipped again, inventories rose again, and the drilling rig…
On October 21, 2019, I had the honor of serving as a keynote speaker at the Oklahoma Academy’s Town Hall Meeting at the WinStar Convention Center.…
[vc_row][vc_column][vc_column_text css=””]In recent years the oil and gas industry has recovered from a downturn. Over the past few years, the oil and gas industry has been…
South America has the highest number of planned and announced floating production storage and offloading (FPSO) additions globally between 2019 and 2025, with 27 projects. This…
Thirteen international oil and gas companies have committed $1 billion to reduce greenhouse gas emissions. The organization, called the Oil and Gas Climate Initiative (OGCI), will…
South America and Europe led globally with the highest number of oil and gas discoveries during the third quarter (Q3) of 2019, with eight discoveries each…
HOUSTON – Oilfield Helping Hands (OHH) has now shared $5 million with oilfield families in need. Since its founding in 2003, OHH’s mission has been to…
Road transport accounts for over 45% (up to a half) of global use of oil. In particular, in the United States of America, the most “automobile”…
OILMAN Magazine, a trusted media source has launched its first large scale Oil and Gas Conference & Expo to take place in the United States. This…
Andrew Bruce, CEO, Data Gumbo, discusses their new oil and gas industry service and contract that involves Blockchain and the Bakken oil fields. The Bakken program…
Over the last two decades many energy companies that engaged in the purchase and sale of commodities as a matter of course in transacting their day-to-day…
LAFAYETTE, La. — For the first time ever, the LAGCOE’s Technical Exposition and Conference was held in New Orleans, October 9-11, 2019. Since its founding in Lafayette…
Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing, reaffirmed its commitment to SOCMA, a U.S. trade association representing the specialty…
The financial community has developed a negative opinion about the profitability of oil and gas wildcatters who primarily operate as producers of oil and natural gas…
SAP’s S/4HANA platform is the latest version of SAP’s industry leading ERP platform. Because this new platform was engineered very differently from previous iterations of SAP…
The U.S. is forecast to drive new-build, liquefied natural gas (LNG) liquefaction capacity additions globally from planned and announced (new-build) projects between 2019 and 2023, contributing…
The use of additive manufacturing, or 3D printing, is gradually increasing in the oil and gas industry. Currently accounting for less than 0.1% of the overall…
Consumers can expect a slight decline in energy prices the remainder of this year and into 2020, according to projections from the U.S. Energy Information Administration…
Austin, TX – Enverus, the leading oil and gas SaaS and data analytics company, has released The Street Strikes Back, a new report in its FundamentalEdge…
HOUSTON – Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, today announced the release of myQuorum DynamicDocs, a cloud-based document management system…
Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing has successfully renewed its ISO 9001:2015 Certifications at each of its three…
The U.S. is set to drive most of the liquids storage capacity growth in North America with its planned and announced (new-build) terminals, contributing around 85…
Even though crude oil prices have been soft recently, crude oil production and exports from the U.S. continue to grow. Crude oil on the New York…
Two new studies were released this week with one concluding that world energy consumption will grow by about 50 percent during the next 30 years, and…
While overall corporate strategies haven’t changed all that much since 2018, we continue to see a fair amount of headwinds and tailwinds for the downstream energy…
HOUSTON, Texas—Turbomachinery Laboratory at Texas A&M University hosted another Turbomachinery & Pump Symposia, a vital conference designed for the industry, by the industry. The 48th Turbomachinery…
The attack on an oil processing facility in Saudi Arabia last week has raised new questions about the reliability and security of oil supplies in the…
U.S. President Donald Trump will meet with the leaders of India and Australia next week at events in Texas and Ohio to promote trade and investment.…
The U.S. will drive new-build, small-scale liquefied natural gas (LNG) liquefaction capacity additions globally from planned and announced (new-build) projects between 2019 and 2023, contributing around…
Global oil market is unstable and the price of oil surges in the tune of 15 to 20 percent to their highest level in about four…
Fortress Investment Group is expected to lead capacity additions from planned and announced (new-build) projects in the global small-scale liquefied natural gas (LNG) liquefaction industry between…
The size of the Permian Basin in southeastern New Mexico has inspired economic development officials in Lea County to find ways to help the oil and…
