Natural gas prices in the Permian basin likely to remain low during 2019 due to constrained pipeline capacity #OilmanNEWS Oil and Gas News Press Release 

Natural Gas Prices in the Permian Basin Likely to Remain Low During 2019 Due to Constrained Pipeline Capacity

Following a drastic drop in the Waha Hub natural gas price earlier this week, 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: “A direct consequence of the excess of natural gas supply is the low prices at which Permian gas is traded at the… Read More
Drivers nearly 200% more aggressive during the holidays; GA, CA and TX top list #OilmanNEWS Oil and Gas News Press Release 

GasBuddy Reveals that Drivers are Nearly 200% More Aggressive and Fuel-Wasting During the Holidays

BOSTON — It’s no surprise that the holiday season is the most stressful time of the year. With the extra errands and traveling the holidays call for, a lot of that jingle-bell stress is transferred to the roads by the way consumers drive. In fact, GasBuddy, the only smartphone app connecting drivers with their Perfect Pit Stop, data shows that consumers… Read More
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MFG Chemical announces multimillion dollar plant upgrade at Pasadena, TX plant #OilmanNEWS Oil and Gas News Press Release 

MFG Chemical Upgrades Newly Acquired Pasadena, TX Plant

Dalton, GA – MFG Chemical, a global leader in specialty and custom chemical manufacturing, is upgrading its Pasadena, Texas plant, which the company acquired in March 2018, and sits on 24.5 acres. The acquisition of the Pasadena plant, together with the company’s 3 plants in Northwest Georgia, makes MFG Chemical one of America’s largest consumers of Maleic Anhydride. Pasadena plant… Read More
Personal Protective Equipment Market to exceed USD70 billion by 2024 #OilmanNEWS Oil and Gas News Press Release 

Personal Protective Equipment Market to exceed $70 billion by 2024

According to a new research report by Global Market Insights, Inc. the Personal Protective Equipment (PPE) Market is projected to reach USD 70 billion by 2024. Personal protective equipment is used to protect the body from infection, injury, and accidental hazards along with workplace safety to the employees. It includes protective helmets, clothing, goggles, gloves, respiratory protection, and footwear.  The equipment… 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

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
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