News Topics: Analysis & Trends
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Shale Activity Creating Need for Updated Data Management Systems
Wednesday, October 22, 2014 Oil and gas companies should truly understand the scope of their operations before investing in technology solutions to address the complexity and volumes of data in shale operations.
Colombia Could Lower Oil Price Projections For 2015 And 2016
Wednesday, October 22, 2014 Colombia may revise down its projections for the price of oil in 2015 and 2016, Finance Minister Mauricio Cardenas says.
Kemp: Congressional Study Questions Embargo-Era Oil Policies
Tuesday, October 21, 2014 Lifting restrictions on US crude oil exports could actually lower fuel prices for US motorists and other consumers by contributing to a drop in world oil prices.
NASA Scientist: Arctic Drillers Can Learn from Space Program
Tuesday, October 21, 2014 Speakers discuss ways to overcome the challenges of drilling in the Arctic in order to extract fossil fuels in an extreme environment.
Russia's Gazprom Neft Sees Oil Price Returning To $95-110 Per Barrel
Friday, October 17, 2014 Gazprom Neft says it does not see a fall in the oil price as a long-term trend.
North Sea Future: Innovation Needed
Friday, October 17, 2014 After the 'no' vote in the Scottish Referendum, attention now turns to the Wood Review and this December's Fiscal Review about how best to extract the remaining hydrocarbons from the UK North Sea.
Bumi Armada's CEO Eyes FPSO Opportunities in India
Thursday, October 16, 2014 Bumi Armada CEO believes India offers exciting growth opportunities for companies serving the floating production, storage and offloading market.
CNOOC Goes Solo in Deepwater Exploration, Opens New Frontier for China
Wednesday, October 15, 2014 China's first ever deepwater hydrocarbon discovery is significant not only for the domestic upstream industry, but also on countries in the region.
Kemp: The Saudi Oil Enigma
Tuesday, October 14, 2014 Almost nothing is known about how Saudi Arabia's rulers reach decisions on political and economic reform, foreign policy and oil market strategy, according to Kemp.
Oil, Gas Tech Startup Faces Threat in Fundraising
Monday, October 13, 2014 Oil and gas technology start-up companies should ensure they have a strategy for dealing with cyberattacks as well as fundraising.
IEA Chief: Oil Price Slump Yet To Hit US Shale Oil Production
Monday, October 13, 2014 The vast majority of shale oil in the US is produced at costs far below the current price of crude, IEA says, which means US projects can withstand the market slump squeezing other producers.
In Oil Price War, Saudi's Biggest Rival Is Next Door
Friday, October 10, 2014 Kuwait is challenging Saudi Arabia in an increasingly competitive battle for market share as it sells oil to buyers in Asia at its widest discount for 10 years.
ABB Offers Views on Industrial Automation for Oil & Gas Sector
Friday, October 10, 2014 ABB provides views on developments in industrial automation for the oil and gas sector.
Supply Chain Bottlenecks Threaten North Sea Decommissioning
Thursday, October 09, 2014 Engineering firm Arup says supply chain bottlenecks, including a lack of skilled workers, will prove to be a key challenge for decommissioning of UK North Sea infrastructure.
North Sea Phoenix Discovery Contains 16M Barrels
Thursday, October 09, 2014 Enegi Oil reports that the Phoenix discovery in the central North Sea contains at least 16 million barrels, according to new information.
Price Fall Hastens Decline Of 'Big Oil' As Western Majors Retreat
Thursday, October 09, 2014 This year's fall in energy prices is hastening the decline of big oil, as the seven Western majors sell-off assets, cut investment, return money to shareholders and shrink in size.
Gazprom Output To Rise 5% In 2015 After Fall This Year
Tuesday, October 07, 2014 Russia's Gazprom expects its gas output to increase by around five percent in 2015, after this year's production is expected to fall to an all-time low.
Keppel Snags Contracts from Repeat Customers
Tuesday, October 07, 2014 Keppel secures contracts from repeat customers worth a total of $122 million.
Eni Review Raises Questions about 'Age of Gas'
Monday, October 06, 2014 Growth in global oil demand outstrips that of gas, according to Eni oil and gas review for 2013.
WoodMac Sees Promise, Challenges in Springer Shale
Monday, October 06, 2014 The Springer shale play could bring new stacked pay potential to the Midcontinent, but more data and work are needed to make this opportunity a reality.
Oil & Gas M&A in Upstream Sector Falls to $34.5 Billion in 3Q 2014
Friday, October 03, 2014 Third quarter 2014 was a quieter period for global oil and gas M&A activity compared to the previous quarter, but 2014 is still on track to have a greater total M&A spend than 2013.
Technology Offers Ability to Grow Nanolaminate Structures
Thursday, October 02, 2014 Nanolaminate structures for the oil and gas industry can now be grown, thanks to a Seattle-based company's advanced manufacturing technology.
Perryman: Barnett Shale Production Adding Jobs, Fueling Texas Growth
Wednesday, October 01, 2014 An economist provides data on job and economic growth from the Barnett Shale in North Texas.
Oil Exploration Makes A Tentative Return To Alsace Region
Wednesday, October 01, 2014 Sustainably high oil prices have lured small oil explorers back to Alsace, the cradle of the French oil exploration industry that gave birth to corporate giants such as Schlumberger.
LRE Releases Survey Findings on Innovation, Investment in O&G Sector
Tuesday, September 30, 2014 Lloyd's Register Energy releases the findings from an oil and gas survey to assess the impact of innovation and investment by operators in America, Europe and Asia.
Singapore's SMEs Brace for Challenges in Oilfield Services Sector
Tuesday, September 30, 2014 Small medium enterprises in Singapore are taking steps to deal with domestic and external challenges affecting the oilfield services industry.
Kemp: Time For A Good Sweating In The Oil Market
Monday, September 29, 2014 US demand for petroleum products has experienced a decline over the last 8 years as soaring oil prices have forced consumers to become more efficient and seek cheaper alternatives.
Talisman Energy Progresses Development of Vietnam, Malaysia Assets
Friday, September 26, 2014 Talisman Energy is proceeding to develop its upstream assets in Vietnam and Malaysia, while progressing the Stanley project in Papua New Guinea.
Chinese Yards Eye SBI's $1B Jackup Contract, Gain Ground in Newbuild OSVs
Thursday, September 25, 2014 Chinese yards eye a $1 billion jackup contract from SBI Offshore, while gradually establishing themselves in the newbuild offshore support vessel market.
Better Communication Needed About Benefits of Fracking
Thursday, September 25, 2014 Poll results indicate that the public is often unaware that fracking creates jobs and stimulates economic growth.
PDVSA Asset Sales May Shield Venezuela From Possible Seizures
Wednesday, September 24, 2014 PDVSA's rushed move to sell units raises questions whether Venezuela wants to reduce international exposure to avoid potential asset grabs in the event companies win arbitration cases against the country.
Denmark's Maersk Drilling CEO Sees Slow Deepwater Rig Market In 2014, 2015
Wednesday, September 24, 2014 Maersk Drilling Chief Executive Claus Hemmingsen talks at the sidelines of AP Moller-Maersk's annual capital markets day.
Musings: Challenges Of Shale-Driven Boom - Will It Last For Long?
Wednesday, September 24, 2014 Troublesome current North Dakota drilling and production data may be signaling that the dreaded treadmill effect may be starting.
Wood Mackenzie: US Tight Oil Technology Could Boost Output by 25%
Tuesday, September 23, 2014 There continues to be great potential for surprises to the upside in production of US tight oil according to Wood Mackenzie's latest analysis.
Significant Water Recycling Achieved in Eagle Ford
Friday, September 19, 2014 A partnership between Dow and Omni Water Solutions allows for the treatment of over 725,000 barrels of water at an oil and gas project in South Texas' Eagle Ford play.
Oil Companies Eye Crude Price Drop But Keep Drilling
Friday, September 19, 2014 A 13% slide in crude oil prices since June has eroded some of the allure of drilling US shale resources and raised investor concerns, but companies push ahead.
Wartsila Covers The Full Scope Of Making Gas A Viable Fuel
Friday, September 19, 2014 The general consensus of predictions is that the demand for natural gas will grow at a steady rate over the coming few years.
The Next Logical Step For Natural Gas Supplies?
Wednesday, September 17, 2014 Natural gas-based processes could be alternative for ethane crackers, oil refineries, California-based technology developer tells Rigzone.
Malaysia's Special Purpose Acquisition Companies Expands Upstream
Wednesday, September 17, 2014 Four special purpose acquisition companies have listed in Malaysia since 2011, making upstream acquisitions from Australia to Norway.
Unconventional Oil, Gas to Lift US Energy Exports
Tuesday, September 16, 2014 Domestic unconventional oil and gas production will help raise US energy exports by about 5% per year through 2030, according to HSBC's Global Connections Trade Forecast.
Douglas Westwood, Canary Provide Views on Asia Pacific Oil, Gas Industry
Friday, September 12, 2014 Douglas Westwood's chairman and Canary's CEO provide their views on Asia Pacific oil and gas industry to the organizer of the OSEA2014 conference.
China's CBM Sector Gets Lift from Higher Energy Use, Clean Air Drive
Thursday, September 11, 2014 Sustained rise in domestic energy demand and a government drive to curb air pollution have provided a boost to China's coalbed methane industry.
Execs: Offshore Oil Drilling Market To Suffer Through 2015
Wednesday, September 10, 2014 A sluggish offshore drilling market could deteriorate further next year due to weak demand and a flood of new vessels, even though a few places such as Mexico and Brazil remain promising for exploration.
Musings: Can You Trust The Financial Data Used To Analyze Energy?
Wednesday, September 10, 2014 G. Allen Brooks takes a closer look at the data used in a recent article claiming shale E&P companies will be generating free cash flow next year.
Musings: After Hiatus, Keystone XL Pipeline Battle Resumed Friday
Tuesday, September 09, 2014 In light of the number of high State Department proponents of Keystone who have departed this year, G. Allen Brooks examines the issues which could change the dynamics of the approval process.
Offshore Block A Provides Buzz to Cambodia's Petroleum Industry
Monday, September 08, 2014 A tinge of optimism has returned to Cambodia's petroleum industry amid recent developments at its sole commercial oil discovery offshore Block A.
Russia's PM Signals $40B State Help for Rosneft Possible
Monday, September 08, 2014 Russian PM Dmitry Medvedev says Rosneft may receive more than $40 billion for the state to help services its debt.
SD School of Mines Uses Shale Plays to Advance Research, Teach Students
Friday, September 05, 2014 Students in the shale research program at the South Dakota School of Mines & Technology are studying the program's first core samples.
Challenges of the Internet of Things
Friday, September 05, 2014 The implementation of Internet of Things technology in oil and gas can bring benefits, but will bring challenges as well.
Video A Growing Part of Internet of Things Technology
Thursday, September 04, 2014 Video may not be the first thing that comes to mind when thinking about Internet of Things technology, but it has a role to play in the space.
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