Business Archives - OILMAN Magazine

Over US$50bn in Capital Expenditure Cuts Announced as Oil and Gas Companies Grapple with COVID-19 and Oil Price War

OILMAN EditorMarch 31, 2020

by OILMAN EditorMarch 31, 2020

As the oil and gas sector comes to terms with decade-low oil prices and global disruptions caused by the coronavirus (COVID-19), company costs and investments...

Global Oil Glut Drives Down Price

Alex MillsMarch 26, 2020

by Alex MillsMarch 26, 2020

The oil industry in the United States once again faces dramatic declines in crude oil prices at the hands of foreign countries seeking to bankrupt...

Were Oil & Gas Producers Hedged For The Recent Price Collapse?

Shane Randolph and Josh SchulteMarch 20, 2020

by Shane Randolph and Josh SchulteMarch 20, 2020

While energy markets continue to be volatile, fewer oil and gas producers have hedges in place than in prior years. In addition, a number of...

Uncertainty Looms Over Oil and Gas M&A Deals Landscape Amidst Coronavirus Outbreak and Drop in Oil Prices

OILMAN EditorMarch 19, 2020March 21, 2020

by OILMAN EditorMarch 19, 2020March 21, 2020

The recent coronavirus (COVID-19) outbreak is adding further woes for the oil and gas industry, which is already plagued by oversupply and declining prices. This...

As Pandemic Spreads, Democrats Prioritize Green Giveaways for Special Interests Over Citizens

OILMAN EditorMarch 19, 2020

by OILMAN EditorMarch 19, 2020

WASHINGTON DC – Today, the American Energy Alliance (AEA) raised concerns about the ballooning $1.2 trillion stimulus package Congress is currently considering and what misguided...

Saudi Oil Price War Unlikely to Have Quick End

OILMAN EditorMarch 11, 2020

by OILMAN EditorMarch 11, 2020

Following the news that Saudi Arabia is responding to Russia’s refusal to a new oil production cut agreement by cutting oil prices and boosting supply,...

US Shale Supply Badly Hit by Price War and Forced to Become More Resilient

OILMAN EditorMarch 10, 2020

by OILMAN EditorMarch 10, 2020

Following the WTI price fall to around US$30 per barrel due to an oil price war between Saudi Arabia and Russia; Adrian Lara, Oil and...

NEPA Reform Can Create Equality and Opportunity for Black America, Say Black Leaders

OILMAN EditorMarch 10, 2020March 10, 2020

by OILMAN EditorMarch 10, 2020March 10, 2020

Commonsense NEPA Reform… is Key to a More Productive America that Helps All of Its Citizens Washington, D.C. – Calling it “regulatory reform that enhances...

2020 Oil and Gas Impairments: What’s Behind the Numbers?

Amy Stutzman and Lynn LodenMarch 6, 2020March 7, 2020

Find out why some energy companies are considering potential oil and gas impairments amid low oil and gas pricing, and what key considerations go into...

A Look Into Avoiding Costly Pitfalls – Software Evaluations and Implementations

Elizabeth GerbelMarch 6, 2020April 2, 2020

With the sheer number of competing software in the industry, on top of new software being developed rapidly, it’s quite challenging for companies to determine...