2018 January-February Alex Mills Contributors Downstream Midstream 

Petroleum Demand Increases Firms Prices

Crude oil and natural gas prices continue to gain strength on news of increased demand. Oil futures on NYMEX for February delivery closed Wednesday at $63.57 per barrel its highest mark since Dec. 9, 2014.  Natural gas for distribution at Henry Hub in Louisiana closed at $2.906 Wednesday. The Energy Information Administration (EIA) reported that oil inventories declined again last... Read More
Drilling Technology Knows No Bounds 2018 January-February Downstream 

Drilling Technology Knows No Bounds

Scientists and researchers are continually on the forefront of new drilling technology development, to allow companies to compete in a tighter profit-margin market. Some are new types of technology and others utilize existing technologies but employ a novel technique to their use. Below are some of the new technologies and techniques that are currently being used in the field and... Read More
Harvey Creates Issues for Texan Oil Industry #OilmanNEWS 2017 November-December Downstream Texas 

Harvey Creates Issues for Texan Oil Industry

The catastrophic flooding and high-velocity winds accompanying Hurricane Harvey had overarching effects on both residents and businesses in the Gulf Coast area, particularly in Texas. The difficulty for oil and gas firms is mainly concentrated within the downstream portion of the market as refineries have been unfortunately positioned to face the brunt of the storm. CNN Money reports that ten... Read More
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