OILMAN Magazine

How COVID-19 Is Forcing Oil And Gas To Rethink Workforce Management

Richard MarshallSeptember 9, 2020September 10, 2020

With operational disruptions, supply chain lags, and reductions in consumer spending, the coronavirus pandemic continues to impact business globally. Stalled or stopped business activities, combined...

Why Outlook for Oilfield Services Sector is Down, But Not Out

Dean Price and Kevin CannonJuly 8, 2020July 11, 2020

by Dean Price and Kevin CannonJuly 8, 2020July 11, 2020

Oilfield services companies will need to preserve capital and ride out the storm before they can expect to see an uptick in activity. Historically, there’s...

Evaluating IP Assets: Practical Considerations for Today’s Oil and Gas Companies

OILMAN EditorJune 11, 2020June 11, 2020

by OILMAN EditorJune 11, 2020June 11, 2020

The COVID-19 pandemic has caused global industrial slowdowns and travel restrictions resulting in an unprecedented and rapid decline in the global demand for oil. Coupled...

Tough Times for Oil Companies Trying to Survive the Pandemic

Alex MillsMay 7, 2020

by Alex MillsMay 7, 2020

Just a few years ago the head of ExxonMobil had to appear before a Congressional committee to explain their billions of dollars in profits that...

Over US$85 Billion of 2020 Forecast Expenditure Erased From Oil and Gas Sector

OILMAN EditorMay 4, 2020

by OILMAN EditorMay 4, 2020

To protect balance sheets, maintain shareholder pay-outs and preserve cash, oil and gas companies have gone into survival mode, reducing forecast expenditure where possible to...

Crude Production Cuts in the US Too Slow to Support the Price as Storage Runs Out by Mid-May

OILMAN EditorApril 21, 2020

by OILMAN EditorApril 21, 2020

Following the historic fall of the West Texas Intermediate (WTI) futures price for May delivery into negative territory, going as low as negative US$37.6 per...

Changing the Status Quo in the Oil and Gas Industry

NJ AyukMarch 6, 2020March 7, 2020

Africa is changing and so is its oil and gas sector. Despite this, women remain largely underrepresented in the sector, with men and oil companies...

The New Face of Industrial Marketing

Gail MochJanuary 11, 2020February 8, 2020

Industrial businesses in the energy sector have long doubted the merits of advertising and marketing. Back in the day, industrial businesses didn’t really need to...

Reuse of Well Production Water from Oil and Gas Wells

Andres OcandoJanuary 11, 2020January 11, 2020

Water is one of the most important resources on the planet. Composed by two molecules of hydrogen and one of oxygen, it represents a renewable...

Energy Transition Expected to Play a Major Role in the Oil and Gas Industry

Rakesh SinghJanuary 11, 2020February 22, 2020

Oil and gas storage primarily refers to the state employed for the safe storage of both refined and unrefined products including gas oil, gasoline, diesel,...