OPEC Meeting Raises Question of The Future of Energy
OPEC nation members and non-OPEC nations came together on May 25 to discuss the current economic environment for oil and what could be done to...
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Venture Global LNG Announces Successful Close to Private Funding Round
Washington, D.C.-based LNG producer, Venture Global LNG, announced today it raised $81.4 million in additional capital from high-profile, very large institutional investors. This is the...
American Energy Dominance?
At the Houston Offshore Technology Conference (Largest oil and gas convention in the U.S.) in early May, Secretary of the Interior Ryan Zinke stated that...
Service And Supply Companies On The Rebound
While the exploration-and-production sector of the oil and gas industry has drawn most of the media attention recently, the service and supply sector has been...
Haynesville Shale Formation Holds Potential for Economic Revival in Louisiana
Over the past few years, certain oil and gas shale formations have been sidelined as producers search for cheaper means of production. The appeal of...
Saudi Aramco Expands Influence in U.S. Oil
Saudi Aramco, the Kingdom of Saudi Arabia’s state-owned oil producer, recently purchased total ownership of the massive Port Arthur Refinery in Texas. The refinery was...
U.S. Petroleum Exports Increase
The business of exporting petroleum products from the U.S. is growing at a record pace and the future looks bright. U.S. exports of crude oil...
Optimizing IT Spend: Cost Cutting Alone is Not Effective
This article is part two of a four-part series on optimizing IT costs. Past technology investments should have enabled new business improvements or efficiencies, but...
OEG Offshore Announces Merger with Cargo Specialist Paragon Industries
OEG Offshore announced on May 1, 2017, that it would be merging with Cargo Specialist Paragon Industries. OEG Offshore specializes in producing and delivering customized...
OPEC Meeting May 25 Will Be Watched Closely
It is no secret that the Texas economy is closely tied to the oil and gas industry. And it is no secret that the economic...