Oil and Gas News

Saudi Aramco Expands Influence in U.S. Oil

May 22, 2017May 24, 2017

Saudi Aramco, the Kingdom of Saudi Arabia’s state-owned oil producer, recently purchased total ownership of the massive Port Arthur Refinery in Texas. The refinery was previously...

U.S. Petroleum Exports Increase

May 22, 2017May 22, 2017

The business of exporting petroleum products from the U.S. is growing at a record pace and the future looks bright. U.S. exports of crude oil and...

Optimizing IT Spend: Cost Cutting Alone is Not Effective

May 14, 2017May 14, 2017

By Lawrence Eribarne This article is part two of a four-part series on optimizing IT costs. Past technology investments should have enabled new business improvements or...

OEG Offshore Announces Merger with Cargo Specialist Paragon Industries

May 14, 2017May 14, 2017

OEG Offshore announced on May 1, 2017, that it would be merging with Cargo Specialist Paragon Industries. OEG Offshore specializes in producing and delivering customized mini...

OPEC Meeting May 25 Will Be Watched Closely

May 14, 2017May 14, 2017

It is no secret that the Texas economy is closely tied to the oil and gas industry. And it is no secret that the economic health...

OTC Sees Another Annual Drop in Attendance

May 9, 2017May 11, 2017

The Offshore Technology Conference (OTC) kicked off on April 29 at the NRG Park in Houston, Texas, and it lasted through the week of May 1-5....

Russian and Saudi Arabian Production Cuts Could Extend into 2018

May 9, 2017

On Monday, May 8th, both Saudi Arabia and Russia announced that they were contemplating a protracted production cut which could extend into 2018. The countries’ continuation...

United States is Positioned to Become a Dominant Liquefied Natural Gas Exporter

May 9, 2017

Golden Pass Products LLC, has been authorized by the U.S. Department of Energy to export domestically produced liquefied natural gas to countries that do not have...

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OEG Offshore Announces Merger with Cargo Specialist Paragon Industries

OEG Offshore announced on May 1, 2017, that it would be merging with Cargo Specialist Paragon Industries. OEG Offshore specializes in...

Mounting Problems for Louisiana Oil Companies

The turbulence of the oilfield has been widespread over the past two years since OPEC decided to let the supply overcome...

Appeals Court Rules in Favor of Oil and Gas Companies in Louisiana Case

On March 3, a federal appeals court affirmed a district court’s decision to dismiss a case alleging that oil and gas...

Newfield Looks to Recycling to Boost Cost-Efficiency

As companies seek to maximize efficiency in this unfavorable economic environment, they employ new technologies which enable them to re-use certain...

Mammoth Energy Acquires Three Oil Companies

Mammoth Energy Services, Inc., announced on March 21st that it is purchasing three oilfield services companies in an effort to further...

Williams Reports Impressive Fourth Quarter Performance

On Feb. 15, The Williams Companies, Inc. released its fourth quarter and total year performance for 2016. The Tulsa, Okla.-based company...

Increase in E&P Spending and Job Growth for Oilfield

Since the unfortunate downturn of the oil market in 2014, Exploration and Production (E&P) spending in oil companies has taken a...

Oil and Gas Economy in Texas Enters Expansion Cycle

WICHITA FALLS—Crude oil and natural gas drilling and development in Texas has embarked upon a new cycle of expansion, according to...

Exxon Mobil Looks to Build Petrochemical Plant in Texas

Exxon Mobil’s and Saudi Basic Industries Corps’ joint plan to build a new petrochemical plant saw significant advancement on March 21,...

OPEC Meeting May 25 Will Be Watched Closely

It is no secret that the Texas economy is closely tied to the oil and gas industry. And it is no...

NATIONAL ENERGY TALK!

What is National Energy Talk? The History First, the beginnings and history of National Energy Talk: In 1992, I founded and...

Safety Subcontracted to the Lowest Bidder

Worker’s compensation is a double-edged sword because it can be abused. It is this exploitation that worker’s comp has developed a...

OILMAN CARTOON – MAY/JUNE 2017

About the Author Additional Posts Steve Burnett Artist at Crude Oil Calendars Oilman Cartoon – March/April 2017OILMAN CARTOON – MAY/JUNE 2017

Interview with Former Russian Energy Minister Igor Yusufov (2001-2004)

Igor Yusufov was the Russian Energy Minister from 2001-2004 under President Vladimir Putin. After his tenure as minister, he served as...

Energy Scene with Jason Spiess: Shale Plays Gearing up for this Summer’s BBQ Season

One of the sure fire signs of summer is the scent of hickory and mesquite permeating throughout shale plays across the...

Amid FERC Commissioner Shakeup

Safety Subcontracted to the Lowest Bidder

Advancing Data Functionality for Offshore

O&G Training and Education

Innovative Wastewater Management Processes Gain Traction

Optimizing IT Spend: Cost Cutting Alone is Not Effective

OTC Sees Another Annual Drop in Attendance

Joint Venture to be Formed by Schlumberger and Weatherford

Save Millions by Reducing Engine Idle Time

Automated Data Reporting Saves Time and Money

Interview with Former Russian Energy Minister Igor Yusufov (2001-2004)

Senator Ted Cruz’s Endorsement for the Oil and Gas Industry is Timely

The Bakken is Poised to Boom Again

Eagle Ford Assets Transfer Changes the Game for Companies Big and Small

Tax-Free Gas Extraction in Pennsylvania May Come to An End

Interview with Amit Mehta, CEO and Founder of Moblize

Interview with Former Russian Energy Minister Igor Yusufov (2001-2004)

An Interview with Casey Minshew, COO, EnergyFunders

Ursa Space Systems is Changing How Companies Interact with Data

Q&A with Jason Spiess: Ken Hall

Energy Scene with Jason Spiess: Shale Plays Gearing up for this Summer’s BBQ Season

Senator Ted Cruz’s Endorsement for the Oil and Gas Industry is Timely

Energy Scene with Jason Spiess

Energy Scene with Jason Spiess

Energy Scene with Jason Spiess

Humble Esso Station

Humble Motor Oil Plant

Portable Rig Truck

Pump Jack Shallow Water

Oil Derrick Floor

OILMAN Pride – Oil and Gas History

Humble Esso Station

Humble Motor Oil Plant

Portable Rig Truck

Pump Jack Shallow Water

Oil Derrick Floor