Tag: oil and gas

January 14, 2019

Oil and gas merger and acquisition (M&A) activity has ground to a halt in recent months due to extreme volatility in commodity markets. But don’t expect that to continue, especially in the U.S. exploration and production (E&P) sector, where valuations […]

January 10, 2019

“The activity level on the Norwegian Shelf is high. Production forecasts for the next few years are promising and lay a foundation for substantial revenues, both for the companies and the Norwegian society. There is considerable interest in exploring for […]

January 8, 2019

With 28 countries and a combined population of around 512 million people, the European Union is something of a prized market — and political battleground — for the world’s largest energy exporters, particularly when it comes to natural gas. Russia […]

January 3, 2019

Alaska Gasline Development Corp is the top spender among all oil and gas companies in North America, in terms of new build capital expenditure (CAPEX) to be spent during 2018 – 2025, on planned and announced projects across midstream and […]

November 30, 2018

As part of its drive to improve operational efficiency the oil and gas sector has been looking at standardization as a vital tool. There has been good progress in several areas, but one key segment of the industry is lagging, […]

November 2, 2018

Chevron reported quarterly earnings that beat analysts’ expectations on Friday, as record-setting oil and gas production boosted the company’s bottom line. Shares of the oil major were more than 2 percent in premarket trading. Chevron posted a profit of $4.05 […]

October 11, 2018

The prospect of an abrupt supply shock in the energy market is making investors increasingly nervous about the possibility of oil prices soaring above $100 a barrel before year-end. Oil prices have surged more than 25 percent this year, prompting […]

October 10, 2018

I doubt there’s anything in our energy-environment discussion more under appreciated than the sheer complexity of extracting oil and natural gas from the ground and then delivering it to end-users, as safely as possible. It’s a massive 24/7/365 non-stop system, […]

October 1, 2018

I became a shareholder of Chevron CVX -0.16% Corp (NYSE:CVX) when it acquired the former Texaco, which I believe was the first stock I ever bought. I was fresh out of business school and made an investment in Texaco’s dividend […]

September 28, 2018

OPEC producers and President Donald Trump are both embracing a “show me” attitude to energy market uncertainty, analysts told CNBC on Friday, as traders speculate about the possibility of $100 a barrel before year-end. “The market and certainly the U.S. […]

August 21, 2018

As the Trump Administration re-activates sanctions on Iran and its crude oil exports, now seems a good time to assess the current state of the U.S. oil and gas industry: The overall rig count continues its slow rise. – The […]

August 16, 2018

There is increasing evidence that the U.S. sector of the Gulf of Mexico is facing a decline in interest from oil and gas companies in the wake of more lucrative onshore shale basins stateside, Mexico’s shallow water plays and more […]

June 29, 2018

Our world has become incredibly connected and that is affecting many industries and the way they share information. The Internet of Things (IoT) plays a pivotal role in this as the devices involved gather important data and provide actionable information […]

February 19, 2018

The number of oil and gas rigs in the United States has increased an astonishing 38 percent over the past year. That’s according to S&P Global Platts Analytics, which reported this week that the country had 1,070 rigs at the […]

January 22, 2018

Given that the nation’s news media are focused about 23 out of every 24 hours each day on breathless reports about the “shutdown” of some small percentage of the federal government, some of you may be wondering how this “shutdown” […]

December 11, 2017

A newly announced project at California’s Belridge oilfield will bring solar and fossil fuels together in the state’s biggest solar project. The partnership, between Belridge field operator Aera Energy and solar thermal power company GlassPoint, will feature a 26.5-megawatt photovoltaic […]

November 17, 2017

Artificial intelligence (AI) is set to have the biggest technological impact on the oil and gas industry over the coming years, according to Microsoft’s oil and gas director for the Middle East and Africa. Speaking at the Abu Dhabi International […]

July 21, 2017

Mexico’s past experiences in transferring strategic state-owned assets to private companies has often delivered mixed results, with telecommunications and banking being two of the most revealing examples. In these two cases, Mexicans have endured the consequences of market concentration and […]

May 2, 2017

Some thoughts on the domestic oil and gas situation as we move into May… More rigs, more jobs, more drilling, but for how much longer…:  As I pointed out at the beginning of April, the U.S. oil and gas industry […]

February 22, 2017

It’s common practice to think of challenges as opportunities in disguise. But for the oil and gas industry, opportunities are creating challenges. Look no further than the emergence of digital oil and gas fields. By embracing software and digital solutions, […]