Some investors have lost confidence in oil #OilmanNEWS Alex Mills Contributors Oil and Gas News 

Some Investors Have Lost Confidence in Oil

The oil industry has been through some tough times during the last four decades, but recent allegations that fossil fuels are linked to environmental catastrophes, and the lack of fiscal performance have oil companies facing a new storm the size of Hurricane Dorian. Politicians expressed outrage in the 1970s when prices rose alleging oil companies were making “obscene profits.” Washington… Read More
Federal energy report indicates more secure supplies #OilmanNEWS Alex Mills Contributors Oil and Gas News 

Federal Energy Report Indicates More Secure Supplies

The Energy Information Administration at the U.S. Department of Energy announced last week that petroleum and natural gas production in the U.S. set a record in 2018. This week EIA released energy consumption figures revealing it set a record last year, too. “Energy consumption in the United States reached a record high of more than 101 quadrillion British thermal units… Read More
US leads the world in oil, gas production #OilmanNEWS Alex Mills Contributors Downstream Oil and Gas News 

US Leads the World in Oil, Gas Production

It’s official. The United States became the world’s leading producer of petroleum and natural gas in 2018. The Energy Information Administration at the Department of Energy said on Tuesday petroleum production increased by 16 percent and natural gas rose 12 percent. “Last year’s increase in the United States was one of the largest absolute petroleum and natural gas production increases… Read More
Battery issues confront development of electric vehicles #OilmanNEWS Alex Mills Contributors Oil and Gas News Technology 

Battery Issues Confront Development of Electric Vehicles

The automobile industry has searched for several decades for the solutions to the many problems it faces in developing vehicles powered by batteries solely. General Motors (GM) has a long history in trying to develop its EV1 electric car but discontinued that effort in 2003, but continued to offer hybrid vehicles, which operate on battery power with gasoline powered engines… Read More
Democratic Presidential Candidates Express Anti-oil Agenda #OilmanNEWS Alex Mills Contributors Oil and Gas News 

Democratic Presidential Candidates Express Anti-oil Agenda

Energy policy no longer has a place in the debates among Democrat candidates for President. The buzz word for Democrats today is “climate change,” “environmental justice” and the “Green New Deal.” Crude oil, natural gas, coal and nuclear are not a part of the platforms of the 20-something Democratic candidates. Not even the two candidates from Texas – Beto O’Rourke… Read More
Industry Faces Challenges During Remainder of 2019 #OilmanNEWS Alex Mills Contributors Oil and Gas News 

Industry Faces Challenges During Remainder of 2019

The service, supply and drilling sectors of the oil and gas industry in the United States expect less activity during the last half of 2019. Schlumberger, the largest service provider worldwide, reported recently earnings of $0.35 per share from January to June, which represents an increase of $0.05 over the first quarter but a $0.08 decrease compared to the first… Read More
Natural gas usage increases #OilmanNEWS Alex Mills Contributors Oil and Gas News 

Natural Gas Usage Increases

The future of the natural gas industry looks bright as supply and demand are expected to increase, and prices are predicted to be stable. Demand increases will come from the electric power sector and exports, according to the Energy Information Administration at the Department of Energy. EIA forecasts natural gas consumption by the electric power sector to increase by 1.1… Read More
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Hey, Don't Forget to Register for OILMAN ConnectThe Oil & Gas Virtual Conference & Expo November 5 & 6, 2019

We would like to invite you to attend the OILMAN Connect Virtual Conference and Expo. At OILMAN Connect, you will have the opportunity to visit companies showcasing their industry products, technology, and software solutions, as well as hear from oil and gas industry leaders presenting at our innovative webinar and speaker series - all with the click of a button. FREE to attend. Plus, we're giving away fantastic prizes during the show.

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