Industry Trends
News
October 09, 2019
Kimberly McHugh, vice president of drilling & completions at Chevron, kicked off LAGCOE 2019 Wednesday morning in New Orleans with a reminder that, while the rumors of the demise of the oil industry are greatly exaggerated, companies must adapt to continue to meet the world’s evolving energy needs.
News
October 08, 2019
Russia’s biggest liquefied natural gas producer expects to be able to mitigate any impact should U.S. sanctions on China prevent it from using a third of its fleet.
Whitepaper
ARC Report: Rethinking Asset Performance Management
October 04, 2019
AspenTech
News
October 04, 2019
Through August, Permian employment has grown at an annualized rate of 0.7%, far less than the 11.4% growth of the same period last year, the Dallas Fed said Wednesday in its latest monthly report.
News
October 04, 2019
“Everybody agrees in OPEC that we need to stabilize the market. We cannot allow prices just to plummet,” Nigerian Minister of State for Petroleum Resources Timipre Sylva said.
News
October 03, 2019
Oil extended its longest losing streak in 10 months as a key measure of service-industry activity in the world’s biggest economy dropped, prompting investors to flee risky assets.
News
October 03, 2019
“Of course, demand is affected by the status of the global economy, and the economy is slowing down,” Russian Energy Minister Alexander Novak said in Moscow. “There are no crisis events that call for an emergency meeting.”
News
October 01, 2019
The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014.
News
October 01, 2019
There definitely is a lower-carbon model in the oil and gas industry’s future, agreed executive participants in the opening session of SPE’s 2019 Annual Technical Conference and Exhibition.
News
October 01, 2019
Oil rose after its biggest quarterly slump of the year, yet ongoing concerns that a faltering global economy will erode demand continued to weigh on the market.
News
September 30, 2019
ATCE is kicking off this morning with a particularly dynamic session, entitled, “Positively Impacting the World Through Responsible Energy Development.” Moderated by Ms. Eithne Treanor, the session consists of a panel comprising four executives in the oil and gas industry.
News
September 30, 2019
Growth reflects operators' search for increasingly sophisticated hybrid connectivity and IT solutions for onshore and offshore operations to drive the digital transformation of oil rigs, drilling and offshore supply vessels, production platforms and FPSO vessels.
News
September 26, 2019
Subsea UK, the International Association of Drilling Contractors Brazil chapter and Subsea World Brazil magazine have worked in partnership to develop the Subsea & Drilling Brazil conference. The first of its kind event focusing solely on the subsea and drilling industries in Brazil is set to take place from 28 – 29 November in Rio de Janeiro.
News
September 26, 2019
The new Innovation Lab will centralize test rigs for hydrodynamic fluid film bearings and reciprocating compressor components previously housed in Pewaukee, Wisconsin, and Knoxville, Tennessee.
News
September 26, 2019
Traders looking for suitable crudes from which to make ship fuels will typically prefer those that are dense, low in sulfur, and have a high flash-point, said Cosmo Kedros, a senior trading specialist at Vortexa, a shipping analytics firm.
News
September 24, 2019
The Norwegian Petroleum Directorate report states production in August was below forecast due to technical problems and maintenance work on some fields.
News
September 24, 2019
One of the opening events of Climate Week in New York offered a rare sight -- nine bosses of some of the world’s largest oil and gas companies in one room.The occasion was the Oil and Gas Climate Initiative, an industry-supported organization whose members set targets to reduce methane emissions and gas flaring.
News
September 23, 2019
The Oil and Gas Climate Initiative (OGCI) today announced further initiatives to accelerate the reduction of greenhouse gas emissions and support the goals of the Paris Agreement, ahead of OGCI’s annual event in New York City.
News
September 23, 2019
Championed by Big Oil as the fastest way to reduce emissions and reviled by environmentalists who say the world needs to ditch all fossil fuels -- the debate over natural gas may be one of the controversial aspects of climate change.
News
September 20, 2019
ExxonMobil recently announced the winners for the inaugural Power Play Awards during the Gastech Exhibition and Conference on September 18, 2019.
