Volatile Oil Prices Create Confusion Among Traders #OilmanNEWS Alex Mills Contributors Oil and Gas News 

Volatile Oil Prices Create Confusion Among Traders

The volatility in crude oil prices has just about everybody wondering where they will be tomorrow, next week, next month, or next year. Prices dropped $2.26 to $53.43 per barrel on the New York Mercantile Exchange (NYMEX) on Tuesday. Prices have declined some $20 since Oct.1 following increases in 2017 and 2018. The immediate result has been a decline in… Read More
#OilmanNEWS Oil and Gas News 

From Bull to Bear: What to Make of the Sell-Off in the Crude Oil Market?

In the last month, crude oil prices have retreated from four-high highs amid concerns of rising oil production worldwide and weakening demand from developing countries despite the U.S. re-imposing sanctions on Iran. The oil market sell-off has shaved more than a fifth off the global Brent crude benchmark and slashed the price of U.S. crude (West Texas Intermediate, or “WTI”)… Read More
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Asia to dominate global LNG regasification capex and capacity additions to 2022 #OilmanNEWS Oil and Gas News Press Release 

Asia to Dominate Global LNG Regasification Capex and Capacity Additions to 2022

Asia is expected to be the major contributor to the growth of global liquefied natural gas (LNG) regasification capacity between 2018 and 2022, accounting for around 62% of the total global growth, according to GlobalData, a leading data and analytics company. The company’s report: ‘H2 2018 Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals – Asia to Dominate… Read More
Crude Oil Hits Price Peak for Foreseeable Future #OilmanNEWS Oil and Gas News Press Release 

Crude Oil Hits Price Peak for Foreseeable Future

Austin, TX – Drillinginfo, the leading energy SaaS and data analytics company, has released its latest FundamentalEdge series report, Global Crude Oil Supply and Demand, which focuses on world supply and demand factors that have forced crude oil to reach its peak price for the foreseeable future. According to the report, prices reached their four-year highs in early October 2018… Read More
Upstream oil and gas M&A and capital raising values totalled $80.9bn in Q3 2018 #OilmanNEWS Oil and Gas News Press Release 

Upstream Oil and Gas M&A and Capital Raising Values Totaled $80.9 Billion in Q3 2018

A total of 362 deals with a combined value of US$80.9bn were registered in the upstream oil and gas industry in Q3 2018, according to GlobalData, a leading data and analytics company. Of the total value, US$44.5bn was registered in mergers and acquisitions (M&A) in Q3 2018, representing a significant increase of 77% from the US$25.1bn in M&A deals announced… Read More
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TIPRO Congratulates Cheniere Energy on Corpus Christi Facility Opening #OilmanNEWS Oil and Gas News Press Release Texas 

TIPRO Congratulates Cheniere Energy on Corpus Christi Facility Opening

Today Cheniere Energy announced the opening of its new Corpus Christi liquefied natural gas (LNG) export terminal. The Corpus Christi Liquefaction facility is Cheniere’s second LNG export facility in the U.S. and the first LNG facility in the state of Texas. The following statement can be attributed to Ed Longanecker, president of the Texas Independent Producers & Royalty Owners Association… Read More
Petroteq Delivers Oil to the Market #OilmanNEWS Oil and Gas News Press Release 

Petroteq Delivers Oil to the Market

Sherman Oaks, California – Petroteq Energy Inc.  a fully integrated oil and gas company, is pleased to announce that it has begun delivering oil into its regional market. The Company goal is to deliver oil on a regular basis while ramping production up to the stated nameplate production capacity of 1,000 barrels per day (bpd). “Our first sale of our product this week represents… Read More

Roads, Infrastructure, and Workforce Development Among Top Priorities for Oil and Gas Industry Next Session #OilmanNEWS Oil and Gas News Press Release Texas 

Roads, Infrastructure, and Workforce Development Among Top Priorities for Oil and Gas Industry Next Session

The 86th Texas Legislature officially convenes on January 8, 2019, for another regular session. The Texas legislature, which meets every two years for 140 days, is required to pass a state budget and consider legislative proposals. Thousands of bills will be filed to address many issues facing the collective constituency in Texas. This includes hundreds of bills that pertain to… Read More
Top 5 Principles in Becoming ‘Agile’ During Digital Transformation Implementation #OilmanNEWS Oil and Gas News 

Top 5 Principles in Becoming ‘Agile’ During Digital Transformation Implementation

“We want to be Agile…” “We want to take an Agile approach to delivering…” It’s a phrase heard frequently from organizations as they take on complex digital transformation implementations. Agile is a popular term that gets project teams excited. There’s excitement in the promise of a speedy delivery and return on investment—one that allows flexibility in scope, requirements and discovery.… Read More
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