Upstream Oil and Gas M&A and Capital Raising Deals Totaled $130.5 Billion in Q2 2019
The global mergers & acquisitions (M&A) and raising activity in the upstream oil and gas sector totaled US$130.5bn in Q2 2019. This was a substantial increase…
The daily business of oil and gas in America — deals, drilling, prices and the policy that moves them.
The global mergers & acquisitions (M&A) and raising activity in the upstream oil and gas sector totaled US$130.5bn in Q2 2019. This was a substantial increase…
Natural gas – touted by many energy analysts as the “fuel of the future” years ago – has battled coal as the largest energy source for…
North America is expected to drive global small-scale LNG liquefaction capacity growth from planned and announced (new-build) projects between 2019 and 2023, contributing around 47 percent…
India and Russia on September 04, 2019 signed a five-year road map for cooperation in the energy sector. The energy pact was one of 15 pacts…
Offshore Support Vessel Market is estimated to grow at CAGR above 5.5 percent over the forecast time frame 2017 to 2024 and reach the market value…
The oil industry has been through some tough times during the last four decades, but recent allegations that fossil fuels are linked to environmental catastrophes, and…
The Energy Information Administration at the U.S. Department of Energy announced last week that petroleum and natural gas production in the U.S. set a record in…
Austin, Texas – A new report released today by the Texas Independent Producers & Royalty Owners Association (TIPRO) shares insight into oil and gas production and…
The oil and gas industry is changing rapidly and new ways of thinking is critical to meet or exceed the competition. Global energy demand is on…
North America is expected to drive capacity growth in the global liquefied natural gas (LNG) liquefaction industry from planned and announced (new-build) projects between 2019 and…
SAN JOSE, Calif., – Arizona Public Service (APS) announced that they have significantly scaled their investment in wireless PdM (predictive maintenance) with Petasense, a Silicon Valley…
BOSTON – With Labor Day and the close to summer driving season on the horizon, gasoline prices this Labor Day are set to be lower than…
ExxonMobil has officially announced the finalists for first-ever 2019 Power Play Awards. The LNG awards program, created to recognize the accomplishments of remarkable women and the…
Industrial consumers have more access to data than ever before, but what to do with it? Can advancements in technology really make us better tomorrow than…
HOUSTON — Opportunities and Challenges in the Permian, a white paper commissioned by Hastings Equity Partners in partnership with the University of Houston Energy Research, has…
It’s official. The United States became the world’s leading producer of petroleum and natural gas in 2018. The Energy Information Administration at the Department of Energy…
Austin, TX – Drillinginfo, the leading energy SaaS and data analytics company, announced today that it has changed its corporate name to Enverus. Marking both the…
Dalton, GA – MFG Chemical, a leader in specialty and custom chemical manufacturing has received three ‘Awards of Excellence’ for workplace safety at each of its…
Total oil & gas industry M&A deals in July 2019 worth $9.89 billion were announced in the U.S., according to GlobalData, a leading data and analytics…
There is considerable potential to raise the crude oil production in the Bakken shale play from the current level of approximately 1.44 million barrels of oil…
HOUSTON – Quorum Software (Quorum), a Thoma Bravo portfolio company and the leader in digital transformation for the oil and gas industry, announced today that it…
At the start of August 2019, Abu Dhabi National Oil Company (Adnoc) has said it will acquire a 10 percent stake in VTTI, a Vitol-backed global…
A key factor in the economic development of unconventional resources is determining optimal well spacing. As development of unconventional play progresses, wells naturally become spaced closer…
SAN ANTONIO, TX – EPIC Crude Holdings, LP (“EPIC”) today announced that interim crude service on the 24” EPIC Y-Grade pipeline (the “Y-Grade Pipeline”) has begun,…
In this episode, Tom discusses recent guidance out of the Texas Supreme Court on interpreting oil-and-gas contracts; cross-jurisdictional differences surrounding the rule of capture and subsurface…
The automobile industry has searched for several decades for the solutions to the many problems it faces in developing vehicles powered by batteries solely. General Motors…
The global oil and gas industry’s total contract value reached US$42bn in Q2 2019, a massive 79 percent increase on Q1’s value of US$23.4bn according to…
Tucker, GA — Anue Water Technologies, the leading manufacturer of high-efficiency Ozone and Oxygen generation systems for the elimination of odor, corrosion and FOG (fats, oils…
In 1848, gold was found at Sutter’s Mill in Coloma, California setting off the Gold Rush, which brought an influx of new participants to seize upon…
The upstream sector is witnessing considerably more implementations of the Industrial Internet compared to other oil and gas sectors. This is driven by the need to…
Energy policy no longer has a place in the debates among Democrat candidates for President. The buzz word for Democrats today is “climate change,” “environmental justice”…
Austin, TX – Drillinginfo, the leading energy SaaS and data analytics company, has released Permian to Gulf Coast Midstream, the latest installment of their FundamentalEdge series,…
Increased recovery projects in Norway will unlock substantial oil resources, driven predominantly by the majority state-owned Equinor, says GlobalData, a leading data and analytics company. Daniel…
Unconventional reservoirs present challenging problems for reservoir engineers tasked with predicting the future performance of undrilled and recently completed wells. In conventional reservoirs, there are many…
The 7th annual Bakken BBQ was held in Dickinson, ND and brought together over 3,000 energy community members for a family-friendly fundraising event for Make A…
The service, supply and drilling sectors of the oil and gas industry in the United States expect less activity during the last half of 2019. Schlumberger,…
Crude oil, gasoline and natural gas prices have been flat throughout the summer. Crude oil prices during June and July peaked on July 12 at $60.21…
Global Natural Resources Consultancy, Wood Mackenzie says that India’s overhauled policy for finding oil and gas is unlikely to be a game-changer. Wood Mackenzie in its…
Tucker, GA – Anue Water Technologies is launching customizable Geo-Membrane coverings for outstanding odor elimination throughout the USA, Canada and the Caribbean region. Anue is the…
The future of the natural gas industry looks bright as supply and demand are expected to increase, and prices are predicted to be stable. Demand increases…
BOSTON — Hurricane Barry was the first storm to strike the US coast this year, bringing extensive rain and flooding to Louisiana and the region. With…
HOUSTON – Halliburton Company today introduced 3D reservoir mapping, a new logging-while-drilling (LWD) capability that provides a detailed representation of subsurface structures to improve well placement…
A total of 20 planned and announced floating production, storage and offloading vessels (FPSOs) are expected to be deployed offshore Brazil between 2019 and 2025, the…
Willowbrook, IL, — The New York Blower Company, a leading manufacturer of premium-quality fans and blowers for the industrial marketplace, has introduced the New York Blower (nyb)…
Texas is leading the charge in making America more energy secure, according to a new study released this month. “The United States is now producing more…
Austin, Texas – The Texas Independent Producers & Royalty Owners Association (TIPRO) released the following statement on Monday, July 8th after President Donald Trump provided remarks highlighting…
WFS Technologies, the global leader in Subsea Internet of Things (SIOT®) devices for Asset Integrity Management, today announced their expansion into Houston and Brazil as they…
World oil markets have flipped upside down with the main exporters of oil making concessions to the new kid on the bloc: independent producers of oil…
Oil prices continued to rise last week as tension between the U.S. and Iran escalated sparking fear of declining availability of oil from the Persian Gulf.…
BAKERSFIELD, Calif., — Aera Energy (www.AeraEnergy.com) has been named one of the best midsize companies to work for on Forbes America’s prestigious 2019 Best Midsize Employers…