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Can US Shale Producers Innovate Themselves Out of Trouble?
Tuesday, May 19, 2020The shale industry was in trouble even when oil was priced at $30 a barrel.

Natural Gas Prices Could Double Next Year
Friday, May 15, 2020The EIA expects rising gas prices this fall, in line with higher winter demand for heating and a revival of industrial activity.

Is Rig Count a Reliable Production Gauge These Days?
Wednesday, May 13, 2020The link between oil and gas output and the rig count may have come adrift.

Investors Tightening the Screws on Oil, Gas Acquisitions
Monday, February 17, 2020M&A activity in oil and gas has almost ground to a halt after a flurry of deals last autumn.

Global Oversupply Equals a Tough Year for LNG Exporters
Friday, February 14, 2020Demand is insufficient to absorb rising global supplies of this super-cold fossil fuel.

Global Oil, Gas Discoveries Hit Four-Year High in 2019
Thursday, February 06, 20202019 was the best since 2015 for new hydrocarbon supplies.

Offshore Operational Production Costs Have Fallen
Tuesday, January 28, 2020According to a new study from Rystad Energy, the UK led the world in cutting the cost of its offshore oil and gas production.

New Gas Finds Creating Opportunity in West Africa
Wednesday, January 15, 2020It is expected that many of the gas discoveries will help displace oil as a source of more sustainable fuel in the regional mix.

Is Chevron's $11B Write-Down an Oilpatch Warning?
Tuesday, January 14, 2020Current market conditions are resulting in many US fracking projects failing to break even.

Oil Workers Wanted with More Tech, Less Roughneck
Thursday, January 09, 2020Oil companies are recruiting a different type of worker and in larger numbers.

Offshore Contractors Primed For a Busy 2020
Wednesday, January 08, 2020Some industry insiders have doubts about whether there is sufficient contractor capacity to deal with the expected volume of business.

OPEC Aims to Prop Up Oil Prices
Tuesday, December 31, 2019Even if all OPEC members and Russia were to comply 100 percent, global oil inventories could still rise by 700,000 b/d in 1Q 2020.

US Returns to Being a Net Oil Exporter
Monday, December 30, 2019Two factors could directly affect the future level of US crude exports.

Offshore Drilling Poised for an Upswing in 2020?
Friday, December 27, 2019Increasing interest in offshore drilling owes much to the industry's success in reducing costs by between 30-40 percent and increasing productivity.

Gulf of Mexico Oil Output Targeting Record Year
Friday, December 27, 20192020 is expected to be another record year for the region with average production above 1.9 million barrels per day.

FPSO Prospects Look Promising for 2020
Thursday, December 26, 2019The global market for Floating Production, Storage and Offloading vessels is headed for a major recovery.

Oilfield Services Looking Beyond Oil and Gas
Monday, December 23, 2019As the majors have diversified into power and renewable energy storage, oilfield service contractors have followed suit.

Power of Siberia Pipeline Nearing Completion
Friday, November 29, 2019The remoteness and length of the pipeline's route, combined with the sheer quantities of material to be transported, make this an engineering and logistical triumph.

Brazil Aiming to Double its Oil Production
Friday, November 29, 2019Future expansion depends on access to capital, high-end tech from foreign investors and big oil companies with deepwater and pre-salt expertise.

OPEC Faces Increasing Competition
Thursday, November 28, 2019There are a number of interrelated drivers behind the worldwide demand for crude.

Could the LNG Boom go Bust?
Thursday, November 28, 2019Not surprisingly, energy traders and analysts are now thinking the unthinkable - could the current boom in LNG go bust?

Fracking Could Revive Colombia's Oil and Gas Game
Thursday, November 07, 2019Fracking could give Colombia's oil industry a new lease on life.

Oil Industry Balancing Growth, Carbon Footprint Cuts
Tuesday, November 05, 2019Here are a few popular industry strategies for cutting carbon footprints.

Decommissioning Challenges Escalating in South East Asia
Monday, November 04, 2019Offshore operators in the Asia-Pacific region could face a total decommissioning bill of over $100 billion.

Pipelines, LNG Imports Needed to Offset Groningen Gas Declines
Thursday, October 31, 2019The demise of Dutch gas production will make the Benelux region more dependent on imported gas and foreign LNG.

Deepwater Transformation Sparking New Interest
Thursday, October 17, 2019Changes have revived interest in deepwater projects and enabled new ones in regions including the North Sea, the Gulf of Mexico and China Seas.

Oilfield Services Eyeing Survival Tactics in Weak US Market
Friday, October 11, 2019Contraction of oil and gas E&P means the return of lean times for oilfield services companies.

Oil Demand Shrinks Under Weight of US-China Trade War
Thursday, October 03, 2019This trade war has slowed demand for oil in China, but also in Europe and America itself.

Attack on Saudi Oil Production Triggers Fears for Global Oil
Tuesday, October 01, 2019The attack has jolted investors, some of whom fear further strikes and suggest that oil should now carry a risk premium of ten percent.

US Oil Rig Demand Continues Decline
Monday, September 30, 2019Productivity gains have caused record production, falling prices and a year-long decline in drilling and well completions.

Aramco Awards $18B in Deals for Oilfield Work
Thursday, August 08, 2019Of the 34 contracts awarded, half went to local contractors, which will create thousands of direct and indirect job opportunities.

Is the US Shale Boom Winding Down?
Tuesday, August 06, 2019US shale producers are dialing back growth in the face of challenges that are killing returns and keeping skeptical investors away.

OPEC Sees Oil Surplus in 2020 Amid Shale Surge
Wednesday, July 31, 2019OPEC forecasts that supplies from the cartel's rivals will grow by more than twice as much as global oil demand.

The Plastics Backlash has Some Oil Giants Worried
Thursday, July 04, 2019Recycling and bio-plastics are set to impact the future of global oil and gas demand.

Cost Overruns Threaten Offshore Development
Monday, July 01, 2019Even with funding based on a thorough engineering definition, operators could still see a cumulative $111-billion cost overrun.

The LNG Boom is Back
Thursday, June 20, 2019This picture of buoyant demand and supply is set to continue and accelerate in coming years.

North Sea Decommissioning Costs on the Rise
Wednesday, June 19, 2019It is in the interest of both government and energy companies to bring some certainty into their liabilities and ability to pay.

Has the Oil Glut Disappeared?
Tuesday, June 11, 2019Geopolitical issues and industry disruptions are confusing the market.

Will Occidental's $38B Gamble Be a Shale Win?
Friday, June 07, 2019Oxy is aiming for billions of dollars' worth of cost savings and productivity gains from the Anadarko deal, but many investors remain skeptical.

US Dropping Iranian Oil Sanction Waivers
Friday, May 31, 2019The temporary sanction waivers for eight countries importing Iranian crude is set to end.

Is North America Facing a Pipeline Bubble?
Tuesday, May 14, 2019Spending on proposed North American pipelines could reach $232.5B and raise global pipeline capacity by a third.

Majors Driving Rise in Global Discoveries
Tuesday, May 07, 2019If the rest of 2019 continues at a similar pace, this year will be on track to exceed last year's discovered resources by 30 percent.

North Sea Ports Compete to Build LNG Import Terminals
Friday, April 05, 2019The German case for LNG import terminals rests on the need to increase the country's gas imports as North Sea gas production declines.

Can the Mexican Government's Bailout Solve the Pemex Crisis?
Tuesday, April 02, 2019Some of Pemex's challenges have been historically rooted in oil production declines and oil thefts.

Top 10 Destinations for US LNG Exports
Monday, April 01, 2019America became the fifth largest exporter of liquid natural gas in the world last year.

African FLNG Might Disrupt Global Gas Trade
Friday, March 29, 2019Lower costs, greater speed, and ability to simply disengage for new waters, make FLNG an attractive option in Africa.

Drillers Turning to Big Data in the Hunt for Cheaper Oil
Wednesday, March 20, 2019The industry is creating new business opportunities for IT, artificial intelligence, big data processing and analytics providers.

LNG Expands Reach Through Virtual Pipelines
Wednesday, March 06, 2019Suppliers are using virtual gas pipelines to extend their markets to areas which are either uneconomic or too difficult to reach.

Trump's Price Policies Hurting US Shale Activity
Thursday, January 31, 2019Recent WTI declines were sparked by record output from Saudi Arabia and Russia, a response to rising oil prices and encouragement from the President.

Major LNG Buyers' Uncontracted Demand to Quadruple by 2030
Monday, January 21, 2019Wood Mackenzie expects a record number of FIDs on LNG projects in 2019.