The daily business of oil and gas in America — deals, drilling, prices and the policy that moves them.
GRAY, La. – Danos is pleased to announce that it has reached a tentative agreement to acquire the assets and business of Shamrock Energy Solutions, a…
BOSTON — Americans collectively spent $388 billion on gasoline in 2018, averaging to 34 million fill-ups a day. GasBuddy, the only smartphone app connecting drivers with the…
Houston, TX – Trendsetter Engineering has successfully completed the design and build of subsea production equipment for Noble Energy’s Leviathan Project, a large natural gas field…
The FPSO market size is anticipated to surpass USD 30 Billion by 2025 and is set to witness vigorous growth on account of shifting trends toward offshore…
BELFIELD, N.D., Meridian Energy Group, Inc., the emerging growth refining firm and leading innovator in advanced technology and environmentally-beneficial petroleum processing facilities, announced today that the Company…
Austin, Texas – The Texas Independent Producers & Royalty Owners Association (TIPRO) today released the fourth edition of its “State of Energy Report,” offering a detailed…
A total of 305 deals with a combined value of US$47.9bn were registered in the upstream oil and gas industry in Q4 2018, according to GlobalData,…
A total of 71 M&A deals with a combined value of US$38.7bn were registered in the midstream oil and gas industry in Q4 2018, according to…
Nowadays, executives in the oil and gas industries have discovered new methods of maximizing the value and reliability of their respective assets with asset management. This…
Energy appears to be a key issue in the new Democrat controlled U.S. House of Representatives and among Democrat candidates seeking their party’s nomination for President.…
Entering into 2019, the global oil and gas industry remains cautiously optimistic as recovering oil prices have boosted companies’ profits and a rebound in new projects…
Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing, has named Darin Gyomory to the position of Chief Financial Officer. Mr.…
Norman, Okla. – Mike McConnell, an energy professional with more than 30 years of leadership experience, has been named the new director of the Robert M.…
Venezuela’s socialist government has been on a downhill slide for years. This week the U.S. sanctioned state-owned oil and natural gas company Petròleos de Venezuela, S.A.…
Due to rapid technological developments in the exploration and production of oil sands, Canada has emerged as the world’s fourth largest producer of crude oil, behind…
The oil and gas drilling environment is inherently dangerous, and despite the safeguards put into place in every company, lethal accidents continue to occur. Most recently,…
BELFIELD, N.D., – Meridian Energy Group, Inc., the emerging growth refining firm and leading innovator in advanced technology and environmentally-beneficial full-conversion petroleum processing facilities, announced today that…
The 85 upstream projects up for Final Investment Decisions (FIDs) in 2019 include 75 greenfield developments, with approximately 42 billion barrel of oil equivalent (Bboe) of…
The oil and gas industry expects to increase drilling, production and capital expenditures during 2019, according to a variety of surveys of leaders of oil and…
As reported by TIPRO earlier this month, employment growth for the Texas upstream sector stalled in the fourth quarter of 2018 following many months of consecutive…
Looking back at 2018, the U.S. oil and gas industry had an exceptional year with respect to merger and acquisition (M&A) transaction activity with a total…
Accurately predicting the price of oil and natural gas can be as difficult as predicting the weather in West Texas. In some cases, the weather can…
Austin, Texas – Drillinginfo, the leading energy SaaS and data analytics company, announced today it has acquired MineralSoft, a software platform designed to make managing mineral,…
TULSA — Waterfield Energy, LLC, a leading provider of advanced cloud-based oil and gas accounting and transaction management software, announced today that they have completed the…
WILLOWBROOK, IL, — New York Blower Company (NYB), which manufacturers high-quality engineered industrial fans and blowers, recently introduced online ordering of all replacement parts and manufactured…
Mergers and acquisitions (M&A) played an important role in helping oil and gas companies survive through one of the most tumultuous times over the last five…
Austin, TX – Drillinginfo, the leading energy SaaS and data analytics company, announces that U.S. upstream oil & gas M&A clocked in at $84 billion in…
Crude oil and natural gas prices have been on a roller-coaster ride as the market reacts to a variety of economic news from around the world.…
WASHINGTON – API President and CEO Mike Sommers today addressed more than 400 government, labor and industry leaders on America’s economic leadership at API’s ninth annual…
GRAY, La. – Danos has secured a contract with Equinor for production operation support on its Titan SPAR platform, located in the deepwater Gulf of Mexico.…
According to the Texas Independent Producers & Royalty Owners Association (TIPRO), crude oil production in the state of Texas totaled an estimated 1.35 billion barrels through…
Dr. Loren C. Scott, Energy Expert and Economist, gives an economic update from Louisiana. He also comments on the Haynesville shale play. He expounds on the…
Alaska Gasline Development Corp is the top spender among all oil and gas companies in North America, in terms of new build capital expenditure (capex) to…
It is no surprise that crude oil and gasoline prices fell like a rock in water during the last three months of 2018. The big surprise…
In the first episode of the New Year, Tom discusses several appellate decisions from Texas that touch on class actions and farmout agreements.
This week, Tom gets you up to speed on offset wells and liquidated damages as unenforceable penalties; the arrival of anti-SLAPP in the oil patch; and the…
Crude oil prices dropped $3 in early trading during the shortened Christmas holiday week, but gained all that was lost on Wednesday to settle at $46.22…
In the year 2018, there was a lot of evidence for Oil and Gas companies all over the world that required them to step up their…
Hydraulic fracturing, which is also known as fracking, is one of the many methods used for oil extraction. It has been seen in the past decade…
The downstream sector of the natural gas industry is widespread, with broad tentacles and scopes. This includes crude supplies, refining, trading, marketing, product distribution and retailing.…
We had previously seen an improvement in 2017 in terms of global refining margins and utilization. This was a welcoming turnaround because of the low levels…
Oil drilling has now been around for more than a century. Due to the numerous innovations in technology, the industry has grown leaps and bounds. This…
It was found quite recently that Mexican Ports increasingly need larger storage capacities due to the ever-evolving situation of the energy industries. This is why most…
As new sources of hydrocarbons are uncovered by aggressive exploration projects, pipeline operators tend to be under constant social and financial pressure to avoid commodity releases.…
A noticeable trend in the past couple of years is that the oil and gas industry was constantly experiencing a bumpy road on a global scale.…
With the recent recoveries in oil prices, most oil and gas companies have started to see a light at the end of the tunnel. They are…
Preventing damages caused by corrosion can extend the life of all the steel structures that are employed in the oil and gas industries alongside increasing the…
Making biodiesel nowadays is not simply about producing renewable fuel. For biodiesel operators, it is a real challenge to produce high-quality forms of biodiesel that have…
Most of the CEOs from the industrial sector have heard a statement from their customers quite often. “Why can’t you deliver a service that is as…
Crude Oil and Gas are transported through numerous options, from a natural field where the reserves are extracted to the manufacturing facilities where they are processed…
