OTC Sees Another Annual Drop in Attendance
The Offshore Technology Conference (OTC) kicked off on April 29 at the NRG Park in Houston, Texas, and it lasted through the week of May...
#OilmanNEWS
Russian and Saudi Arabian Production Cuts Could Extend into 2018
On Monday, May 8th, both Saudi Arabia and Russia announced that they were contemplating a protracted production cut which could extend into 2018. The countries’...
United States is Positioned to Become a Dominant Liquefied Natural Gas Exporter
Golden Pass Products LLC, has been authorized by the U.S. Department of Energy to export domestically produced liquefied natural gas to countries that do not...
Amid FERC Commissioner Shakeup
Oil and Gas Companies Seek to Give Regulatory Body More Control Over Timeline Enforcement On March 14, 2017, Dominion Energy President Diane Leopold went before...
Interview with Former Russian Energy Minister Igor Yusufov (2001-2004)
Igor Yusufov was the Russian Energy Minister from 2001-2004 under President Vladimir Putin. After his tenure as minister, he served as Special Envoy of the...
Virtual Reality Safety Simulator Prove O&G Industry Must Not Be Complacent on Training Workers
Lloyd’s Register (LR), a leading global provider of engineering and technology-centric professional services, put delegates attending OTC 2017 in Houston, Texas, through their paces with...
Mounting Problems for Louisiana Oil Companies
The turbulence of the oilfield has been widespread over the past two years since OPEC decided to let the supply overcome the demand for oil,...
Newfield Looks to Recycling to Boost Cost-Efficiency
As companies seek to maximize efficiency in this unfavorable economic environment, they employ new technologies which enable them to re-use certain resources in a cost-effective...
Increase in E&P Spending and Job Growth for Oilfield
Since the unfortunate downturn of the oil market in 2014, Exploration and Production (E&P) spending in oil companies has taken a large hit because companies...
Natural Gas Gets Good News
Two important events that occurred last week have the potential to impact natural gas supplies significantly in the future. First, the U.S. Geological Survey (USGS)...