The daily business of oil and gas in America — deals, drilling, prices and the policy that moves them.
Austin, Texas – While energy development in the Permian Basin continues to skyrocket, a new report by the Texas Independent Producers & Royalty Owners Association (TIPRO)…
HOUSTON – Wild Well Control, a Superior Energy Services company and the global leader in well control, engineering and training services, has launched a new online…
Crude oil prices have stalled recently, but one projection has prices rising because of tighter supplies and increased oil supply risks. The forecast comes from the…
WFS Technologies Limited (WFS) unveiled the world’s first subsea wireless edge network for real-time monitoring of subsea assets at this week’s Ocean Technology Conference (OTC) in…
Houston, TX, – AviSight, the leader in unmanned industrial inspection and advanced data solutions, announces two additions to their Board of Directors who cumulatively have over…
Abundant hydrocarbon reserves and the ability to drill longer laterals has made Permian Basin the most prolific shale play in the world, according to GlobalData, a…
MAHWAH, N.J. — HYTORC, the oldest and most recognized manufacturer of industrial bolting systems in the world, today received a Spotlight on New Technology™ Small Business…
The Independent Project Analysis (IPA) Industry Analysis reported in 2011 that 78% of projects experienced cost or schedule overruns. In 2014, the Ernst & Young Global…
eDrilling announced today that it has signed a contract with Gazpromneft-Yamal, a Gazprom Neft subsidiary, for the use of eDrilling’s software to optimize its drilling operations…
Indonesia and Malaysia will contribute around 80 percent of Southeast Asia’s total crude production from eight planned and announced projects in 2025, according to GlobalData, a…
Texas has a reputation of being a leader in energy production from coast-to-coast. That reputation has grown internationally as Texas leads the nation with dramatic increases…
HOUSTON – Oilfield Helping Hands (OHH), a nonprofit charitable organization comprised of volunteers devoted to providing assistance to oilfield workers in financial crisis, will be hosting…
HOUSTON – Offshore drilling sees a resurgence with billions planned for investment in new greenfield developments. Digital strategists in the oil and gas sector see the…
HOUSTON – Gastech, the leading global conference and exhibition of the international gas, LNG and energy industries, today announced its preliminary program for the 2019 conference…
The United States is reportedly working towards stabilizing the global energy markets and maintaining steady oil supplies to India and some other friend countries. After its…
Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing, is announcing a major improvement program for information and workflow management through…
MARINA, Calif. – Effective April 23, 2019, ONICON Measurement Solutions is pleased to announce the company has been acquired by the TASI Group. The TASI Group…
HOUSTON – Shifting oil and gas industry forces mean that capital discipline, decreased spending and consolidation will continue to mark the industry in the coming years,…
HOUSTON – Anadarko Petroleum Corporation announced today that it intends to resume negotiations with Occidental Petroleum Corporation in response to Occidental’s proposal to acquire Anadarko, which…
The plunge of the price of crude oil that has lost over 30 percent since the beginning of October, most likely is about to stop, experts…
Despite the dramatic drop of world oil prices in 2014-2016, oil is still the number 1 exported material in the world, with its global export revenues…
Forty years ago Iran used the “oil weapon” against the United States as it sought to influence its support of Israel. Today, President Trump is using…
Norway had the highest number of oil and gas discoveries globally in the first quarter (Q1) of 2019 with five discoveries. Of these, three were conventional…
HOUSTON — BBL Ventures has opened the first Robotics Reverse Pitch with ExxonMobil Research and Engineering Company. Interested applicants are invited to enter the challenge by…
Jim Beck, Alliance of Energy Producers, talks about President Donald Trump’s visit to Crosby, TX and the signing of executive orders that will impact the oil…
Joe Dancy, Energy Law and Economics, Oil, Gas, Natural Resources, and The University of Oklahoma College of Law Energy Center and visiting professor at Southern Methodist University…
Chris Cottrell, Winston & Strawn, LLP, discusses the current state of Merger and Acquisition, including the recent Chevron Anadarko deal. Cottrell also talks about Jimmy Vallee…
William Prentice, CEO, Meridian Energy Group, gives an update on the Davis Refinery, being constructed in the Bakken oil fields. The location of the refinery, near…
The world of international energy politics became even more intriguing recently with Russia participating in OPEC, the President of the United States calling on OPEC to…
Over the last 15 years, the adoption of digital oilfields has gained impetus due to advancements in technologies for sensing, automation, connectivity and data analytics, according…
CVX announced an acquisition of APC last Friday, and media reports have indicated OXY was also a bidder – driving substantial investor interest in the company’s…
Houston – Offshore Technology Conference (OTC) names FutureOn, the producer of FieldAP™ – a FieldTwin™ platform application – a 2019 Spotlight on New Technology® Award recipient.…
Petroleo Brasileiro SA (Petrobras) is expected to deploy 17 planned and announced floating production, storage and offloading vessels (FPSOs) globally during the outlook period 2019–2025, the…
Austin, TX – Drillinginfo, the leading energy SaaS and data analytics company, released a new analysis focused on Friday’s announcement that Chevron would acquire Anadarko Petroleum…
ZYFRA Group, Finnish-Russian AI and IIoT solutions developer for industries has successfully tested an Electrical Submersible Pump (ESP) software unit, designed to enhance the efficiency of oil extraction by…
Austin, TX – Drillinginfo, the leading energy SaaS and data analytics company, has released Let Your Cash Flow, the latest installment of their FundamentalEdge series. In…
Following the recent news that Chevron Corp (Chevron) will acquire Anadarko Petroleum Corp (Anadarko) for $33 billion, Jonathan Markham, Upstream Oil & Gas Analyst at GlobalData,…
Indian refiners have reportedly delayed its May 2019 order for importing Iranian oil due to lack of clarity from Washington whether it would get its sanctions…
BOSTON – Americans have been getting hit hard at the pump with average gasoline prices in the U.S. up 50 cents per gallon since January. With many…
Gasoline prices should average a few cents less this summer than last year, according to a study released this week by the Energy Information Administration (EIA).…
Dietsmann, a privately-owned Dutch multi-local company and a global front runner in Advanced Predictive Maintenance for the energy industry, is launching two dedicated start-up companies: Dietsmann…
LAFAYETTE – The South Louisiana Chapter of the National Safety Council presented Dupré Logistics the Occupational Safety Award of Merit (for two to four million hours…
Geologists have dictated that natural gas and crude oil go hand-in-hand. If operators were to dig up a hole for one, there will also be a…
Technavio provided a report with supporting market research in January last year in order to shed light on the global situation of enterprise pipeline management solutions…
Among the most important challenges being faced by the oil and gas industry nowadays is the growing complexity of their supply chains. This is due to…
Drilling opponents, news organizations, gas companies, and members of Congress alike have been spreading some controversial rumors about natural gas. All the bold claims were made…
While shale gas drilling or hydraulic fracking has transformed the energy market in the U.S., it brings about its own plethora of environmental challenges. One of…
It is no secret that infrastructure in the oil and gas industry isn’t getting any younger. Climate change, urbanization, migration, and population growth put further strain…
Baker Hughes, a GE company (BHGE) has opened a manufacturing and technology center in Oklahoma City dedicated to advancing the performance, quality and reliability of downhole…
