Oilfield Helping Hands Lends Assistance to Hurricane Victims #OilmanNEWS 2017 November-December Texas 

Oilfield Helping Hands Lends Assistance to Hurricane Victims

Oilfield Helping Hands (OHH) has established a fund to help with financial assistance in the aftermath of Hurricane Harvey. The nonprofit charitable organization is comprised of volunteers who provide assistance to oilfield workers in crisis. OHH was founded in 2003 by several Halliburton Baroid employees in Houston when they organized a sporting clays tournament to help a fellow employee whose… Read More
Saudi Arabia and Russia Seen Forging Business Alliances #OilmanNEWS 2017 November-December Upstream 

Saudi Arabia and Russia Seen Forging Business Alliances

Two of the world’s largest oil-exporting countries, Russia and Saudi Arabia, have been forging a sort of professional relationship in recent years, despite previous indicators that they would not work together. Most recently, Saudi Aramco indicated that it plans to sign multiple Memoranda of Understandings with certain Russian companies. “There are significant opportunities in a number of these areas for collaboration between… Read More
India's GAIL Signs Three Time-Swap Deals for US LNG #OilmanNEWS 2017 November-December Downstream 

India’s GAIL Signs Three Time-Swap Deals for US LNG

India’s state-owned gas company, GAIL (India) Ltd has signed three time-swap deals with global companies to sell some of its previously contracted US liquefied natural gas (LNG) in an attempt to cut costs for home consumers.   While disclosing this in its Annual Report, GAIL said that under the deals, the company will buy LNG from international companies this year… Read More
DOE, EPA Take On Energy, Environment Issues #OilmanNEWS 2017 November-December Alex Mills Contributors 

DOE, EPA Take On Energy, Environment Issues

The U.S. Department of Energy (DOE) and the Environmental Protection Agency (EPA) recently introduced two significant policy changes regarding energy following the release of studies that methane and carbon dioxide emissions continue to decline. Energy Information Administration (EIA) said on Oct. 12 “energy-related carbon dioxide (CO2) emissions fell in both 2015 and 2017, and they are expected to fall again… Read More
Louisiana LNG Export Facility Secures Second Substantial Deal #OilmanNEWS 2017 November-December Louisiana 

Louisiana LNG Export Facility Secures Second Substantial Deal

A liquefied natural gas (LNG) exporting plant currently under construction in Cameron Parish, Louisiana, is now part of an agreement to supply 1 million metric tons of LNG per annum, or 1.4 billion cubic meters of natural gas per year, to a European electrical firm. Venture Global Calcasieu Pass, LLC, the firm developing the Calcasieu Pass LNG export facility, recently released a statement detailing a 20-year agreement with… Read More
Texas Petro Index Increase For Ninth Consecutive Month #OilmanNEWS 2017 November-December Alex Mills Contributors 

Texas Petro Index Increase For Ninth Consecutive Month

Stability in crude oil prices in Texas and across the nation has resulted in increased drilling, production, and an increase in the Texas Petro Index (TPI) during the last nine months. A composite index based upon a comprehensive group of upstream economic indicators, the TPI is compiled monthly and authored by economist Karr Ingham. Since April 2016, the spot price… Read More
Epic Pipeline Announces Capacity Agreement With BP Energy Company For New 650-Mile NGL Pipeline From The Permian Basin To Corpus Christi #OilmanNEWS 2017 November-December Midstream Shale Texas 

Epic Pipeline Announces Capacity Agreement With BP Energy Company For New 650-Mile NGL Pipeline From The Permian Basin To Corpus Christi

EPIC Y Grade Pipeline, LP, a subsidiary of EPIC Y Grade Services, LP and EPIC Midstream Holdings, LP, today announced that it has signed a definitive agreement with BP Energy Company to anchor a new 650-mile natural gas liquids (NGL) pipeline that will be known as “EPIC NGL Pipeline,” which will link producers’ NGL reserves in the Permian and Eagle… Read More
Oildex Poised To Transform the Future of Oil & Gas Supply Chains with Its Acquisition of Phoenix DAS #OilmanNEWS 2017 November-December 

Oildex Poised To Transform the Future of Oil & Gas Supply Chains with Its Acquisition of Phoenix DAS

Oildex announced today at its 2017 Community Conference in Austin, Texas that it has acquired Phoenix DAS, a leading provider of integrated field operations management software for oilfield suppliers. The acquisition builds on a strategic partnership the two companies announced earlier this year to support Oildex’s electronic Field Ticket initiative and sets the stage for Oildex to deliver unprecedented collaboration… Read More
ExxonMobil Dethroned as the Number-One Ranked Energy Company: S&P Global Platts #OilmanNEWS 2017 November-December Upstream 

ExxonMobil Dethroned as the Number-One Ranked Energy Company: S&P Global Platts

A Russian global energy behemoth has surpassed Exxon as the number one energy firm according to the S&P Global Platt’s Top 250 Global Energy Company Rankings. The 16th annual issuance of Platt’s Energy Company Rankings placed Russian firm Gazprom in the number one slot, displacing the U.S.’ ExxonMobil from the spot which it had previously occupied for 12 years. Companies… Read More
Congress Begins Work On Tax Reform #OilmanNEWS 2017 November-December Alex Mills Contributors 

Congress Begins Work On Tax Reform

President Trump kicked off his campaign to encourage Congress to begin serious discussions regarding tax reform. U.S. Rep. Kevin Brady (R-Tx.), chairman of the tax-writing Ways and Means Committee, has been advocating tax reform for more than a year. The proposed changes are outlined in his Tax Blueprint, which included a white paper “A Better Way: Our Vision for a… Read More
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Hey, Don't Forget to Register for OILMAN ConnectThe Oil & Gas Virtual Conference & Expo November 5 & 6, 2019

We would like to invite you to attend the OILMAN Connect Virtual Conference and Expo. At OILMAN Connect, you will have the opportunity to visit companies showcasing their industry products, technology, and software solutions, as well as hear from oil and gas industry leaders presenting at our innovative webinar and speaker series - all with the click of a button. FREE to attend. Plus, we're giving away fantastic prizes during the show.

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