Mexico’s New Government Offers Nothing New with its Refining Optimization Strategy Oil and Gas News 

Mexico’s New Government Offers Nothing New with its Refining Optimization Strategy

Following a recent statement by Rocio Nahle, the next Ministry of Energy of Mexico, where she states that US$2bn will be spent on optimizing the country’s existing refineries, Adrian Lara, Senior Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the impact on the upstream sector: “There is nothing new with this expenditure announcement.… Read More
Refineries Running At Record Levels To Meet High Demand Alex Mills Contributors Oil and Gas News 

Refineries Running At Record Levels To Meet High Demand

Just about one year ago, the refining industry along the Gulf Coast of Texas and Louisiana suffered a severe blow by Hurricane Harvey. Even though it took several months to get back to full strength, “U.S. refiners are running at near-record levels,” according to the Energy Information Administration (EIA). U.S. gross refinery inputs surpassed 18 million barrels per day (b/d)… Read More
ExxonMobil Increases Estimate for Guyana’s Stabroek Block to 4 Billion Barrels Oil and Gas News Press Release 

ExxonMobil Increases Estimate for Guyana’s Stabroek Block to 4 Billion Barrels

IRVING, Texas — ExxonMobil said today it has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion oil-equivalent barrels and has advanced its evaluation to support a third phase of development and consideration of two additional phases. The increase follows completion of testing at the Liza-5 appraisal well, a discovery at… Read More
WolfePak Software Advances Mobile Capabilities with Acquisition of Conquest RT Oil and Gas News Press Release 

WolfePak Software Advances Mobile Capabilities with Acquisition of Conquest RT

ABILENE, Texas, – WolfePak Software, a leading provider of financial, accounting and regulatory compliance software to the oil and gas industry announced today its acquisition of Conquest RT, producer of the Conquest RT Mobile App that enables electronic, mobile ticketing for tracking and reporting on the transport of crude oil and water. The acquisition merges WolfePak and Conquest RT business… Read More
Halliburton Forum Addresses Digital Transformation in the Oil and Gas Industry Oil and Gas News Press Release 

Halliburton Forum Addresses Digital Transformation in the Oil and Gas Industry

HOUSTON – Halliburton Company announced its Landmark Innovation Forum and Expo (LIFE), the oil and gas industry’s premier business and technology event, will kick-off on Tuesday, August 21, 2018. Participants in the event, which takes place August 21-23 at the Marriott Marquis in Houston, will learn how companies are repositioning and responding to the current exploration and production environment through… Read More
Technical Toolboxes Oil and Gas News Press Release 

Technical Toolboxes Launches New Horizontal Directional Drilling PowerTool

HOUSTON – Technical Toolboxes, the leading global provider of integrated and cloud-based pipeline software, consulting and industry training for pipeline engineering and technical professionals, has launched its new Horizontal Directional Drilling PowerTool (HDDPT). The HDDPT, an advanced software solution for horizontal drilling projects, enables safe and efficient pipeline drilling, reaming and installation at road crossings, bodies of water and railroad… Read More
The US to propel refining capacity growth in North America to 2022 Oil and Gas News Press Release 

The U.S. to Propel Refining Capacity Growth in North America to 2022

The U.S. will drive the growth of the refining industry in North America between 2018 and 2022, as the country is set to add the most planned refining capacity among all countries in the region, according to GlobalData, a leading data and analytics company. The company’s report: ‘Refining Industry Outlook in North America to 2022’ states that in 2018, North… Read More
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