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Results 50 articles shown
Chrysaor Touted as Incredible Growth Story
Friday, April 19, 2019 Chrysaor has been touted as an incredible growth story by Wood Mackenzie.
Total Turns to Artificial Intelligence to Cut Drilling Costs
Friday, April 19, 2019 The digital factory will employ between 200 and 300 engineers and build on successful North Sea pilot projects.
Oil Heads for Weekly Loss
Thursday, April 18, 2019 Oil heads for its first weekly drop since early March as uncertainty over the future of global producer curbs, Iranian exports and U.S. inventories kept investors on edge.
The Largest Challenge to Permian Field Development
Thursday, April 18, 2019 From sourcing to disposal, water is becoming the largest challenge to field development in the Permian Basin.
US Gulf Imports Nosedive After Chemical Fire, Reduced Iraqi Shipments
Thursday, April 18, 2019 Crude shipments from Iraq plummeted and congestion plagued a main waterway weeks after a fire and chemical spill at the Intercontinental Terminals Co. tank farm.
US Drops 10 Oil and Gas Rigs
Thursday, April 18, 2019 This week's rig count saw declines of eight oil rigs and two gas rigs for a net loss of 10.
Oil Rises Toward 5-Month High
Wednesday, April 17, 2019 Oil rose toward a 5-month high after an industry report signaled an unexpected drop in U.S. crude inventories last week, adding to the picture of a tightening global market.
Industry-Threatening Colorado Bill Signed into Law
Wednesday, April 17, 2019 Colorado Governor Jared Polis has signed Senate Bill 181 into law.
Oil Stocks Must Win Over Gen Z Investors
Wednesday, April 17, 2019 Generation Z has precious little love for oil and gas stocks, but winning over these younger investors will be essential for the sector's future, Barclays Plc analysts say.
Chevron Cuts Staff in 2018
Tuesday, April 16, 2019 Chevron Corporation further reduced its headcount in 2018, according to the company's latest annual report.
Oil Rally Takes a Breather
Monday, April 15, 2019 Oil started the week on a softer note after completing its longest run of weekly gains in three years.
Chevron-Anadarko Deal Will Shake Up US Upstream
Monday, April 15, 2019 Chevron Corporation's deal to acquire Anadarko Petroleum Corporation will shake up the U.S. upstream sector.
Oil Heads for Longest Weekly Rally Since 2016
Friday, April 12, 2019 Oil heads for its longest weekly winning streak since 2016 as supply disruptions in Libya and Venezuela persist at a time when the OPEC+ coalition is showing record compliance with its pledged output cuts.
Retaliation Risks from NOPEC Bill Exaggerated
Friday, April 12, 2019 A report commissioned by proponents of U.S. anti-OPEC legislation said that fears of retaliation by the oil cartel are overblown.
WCSB Sees Company Count Shrink from 2014-18
Friday, April 12, 2019 The number of active companies with reported production in the Western Canadian Sedimentary Basin shrunk by almost 17.5 percent between 2014 and 2018, XI Technologies Inc has revealed.
Chevron Expands Elite Group with Anadarko Deal
Friday, April 12, 2019 Rystad Energy expects Chevron will eclipse ExxonMobil in Permian production.
Activity Flat for US 10th Dist. Energy Firms in 1Q 2019
Friday, April 12, 2019 Energy activity for the U.S. Tenth District was flat in the first quarter of 2019, according to results from the Kansas City Fed's quarterly energy survey.
Thursday, April 11, 2019 Oil retreated from a 5-month high as an increase in U.S. crude inventories to the highest since late 2017 overshadowed OPEC's efforts to reduce production.
Industry Reaction to Trump's Executive Orders
Thursday, April 11, 2019 Industry associations react positively to President Donald Trump's executive orders signed yesterday.
IEA Says Oil Market Tightening
Thursday, April 11, 2019 Global oil markets are tightening as OPEC supply falls, the International Energy Agency said, while warning it could lower demand forecasts because of economic threats.
Aramco Aims to Become the World's Biggest Oil Consumer
Thursday, April 11, 2019 The company plans to double its refining network to handle as much as 10 million barrels a day by 2030.
Brazil to Pay Petrobras $9B
Wednesday, April 10, 2019 Brazilian oil giant Petrobras will get $9.06 billion to settle a deep-water contract dispute with the government.
Oil Shrugs Off Putin and IMF to Edge Higher
Wednesday, April 10, 2019 Oil edged higher as speculation that supplies will tighten outweighed Russian caution on output cuts and the International Monetary Fund downgrading its global growth forecasts.
Oil Expected to Average $76+ For the Rest of 2019
Wednesday, April 10, 2019 Analysts at Fitch Solutions Macro Research are sticking to their forecast for Brent crude to average $73 per barrel this year.
Inventories Still Significantly Above Normal Level
Tuesday, April 09, 2019 Inventories are still significantly above what the Saudi Energy Minister would consider a normal level.
Canada Could Lose 12,500 Oil, Gas Jobs in 2019
Tuesday, April 09, 2019 A new report by PetroLMI forecasts that Canada's oil and gas industry is at risk of losing 12,500 jobs this year.
Oil Extends Rally
Monday, April 08, 2019 Oil extended gains after capping its best week in almost two months as an escalation of fighting in OPEC producer Libya overshadowed the biggest increase in U.S. active rigs since May.
2019 Oil and Gas Exploration Off to Flying Start
Monday, April 08, 2019 Oil and gas exploration is off to a flying start in 2019, according to Rystad Energy.
Bahrain Seeks US Partners for Offshore Shale Discovery
Friday, April 05, 2019 The kingdom, whose capital Manama appears above, is pursuing another oil and gas industry first.
Further Pick-up in Industry Investment Needed
Friday, April 05, 2019 We need to see a further pick-up in industry investments, according to OPEC Secretary General Mohammad Sanusi Barkindo.
US Adds 19 Oil, Gas Rigs
Friday, April 05, 2019 The U.S. added 15 oil rigs and four gas rigs for a net gain of 19 rigs this week, BHGE reports.
Oil Rally Extends Pause
Thursday, April 04, 2019 Oil's rally paused for a second day as oversupply concerns resurfaced after U.S. crude inventories jumped the most since January.
Several New LNG Projects Must be Initiated in 2019
Thursday, April 04, 2019 LNG-focused oil and gas professionals believe several new LNG infrastructure projects will need to be initiated this year to ensure supply can meet demand after 2025.
Rystad Maintains Bullish Stance
Thursday, April 04, 2019 Rystad Energy is maintaining its bullish stance for the second half of this year and first half of 2020.
Key Buyers Push US Oil Exports to Record Highs
Thursday, April 04, 2019 Total weekly U.S. crude and product exports should be consistently outpacing imports starting in 2020.
US M&A Deal Value Hits 10-Year Low in 1Q 2019
Thursday, April 04, 2019 The value of U.S. mergers and acquisitions deals plunged to a 10-year low in the first quarter of 2019, Drillinginfo reveals.
E&P Cash Surge Could Mean Return to Super Profits
Tuesday, April 02, 2019 A healthy amount of free cash flow among the world's public E&P companies could signal the return to super profits, according to Rystad Energy.
Aramco Pumping Oil at Fraction of Rivals' Costs
Monday, April 01, 2019 The government-owned producer is extracting crude for less than half the costs of its nearest rival.
US Scraps Another 10 Oil, Gas Rigs
Friday, March 29, 2019 Following a week of declines, the U.S. experienced another drop in its oil and gas rig count.
BP Expands Program to Lure Mid-Career Talent
Thursday, March 28, 2019 BP's Returnship Program targets women and men who stepped out of the workforce for family or personal reasons and wish to return to work.
Offshore Drilling Moving Out of Shale's Shadow
Thursday, March 28, 2019 After years in the shadow of the U.S. shale patch, deep-water explorers see a revival coming.
$200B+ Could Be Invested in US Petchems
Thursday, March 28, 2019 Investment amount projected for 15-year period.
Next US Shale Wave Will Need Fewer Heads, Different Skills
Wednesday, March 27, 2019 Technology, process optimization and a different kind of headcount would lead the second exploration and production uptick.
Infected US Shale Oil Rejected by Asian Buyers
Wednesday, March 27, 2019 Crude shipments are being turned away due to quality issues.
Oil Hovers Around $60 Amid Mixed Signs on US Inventories
Wednesday, March 27, 2019 Signs the U.S. shale boom is running out of steam, power outages in Venezuela and American sanctions on Iran are also supporting prices.
Dallas Fed: Energy Sees Modest Activity Increases in 1Q 2019
Wednesday, March 27, 2019 The quarterly survey of executives from E&P and oilfield services firms in the 11th District reveals a quarter-over-quarter increase in the business activity index.
US Emerging as a LNG Powerhouse
Friday, March 22, 2019 The LNG export market is projected to surge over the next three decades.
Oil Set for Third Weekly Gain
Friday, March 22, 2019 Oil is poised for a third weekly advance, buoyed by the biggest drop in American crude stockpiles since July at a time when the OPEC+ coalition is pressing on with its output curbs.
Total Increases Workforce by 6 Percent
Friday, March 22, 2019 Total increased its global workforce by six percent in 2018, the company's latest registration document has revealed.
Exxon, Chevron Battle it Out in the Permian
Friday, March 22, 2019 New analysis by Rystad Energy explores which supermajor has the most potential in the prolific Permian Basin.