The heart of the U.S. oil industry, Houston, should be ready to position itself as a leader in the energy transition as climate change concerns will change the industry over Continue Reading
Getty Images An oil pump is viewed in Big Springs, Texas. Getty Images Oil prices already gave back much of December’s gains, following rising global supplies and easing tensions in Continue Reading
In a first ever, Permian forward gas prices settled in negative territory this week as the 2020 market outlook for pipeline capacity exiting the West Texas basin continues to deteriorate. Continue Reading
“All oil-field workers are radiation workers.” That quote comes from a blockbuster investigation by Justin Nobel writing in Rolling Stone , who has spent more than a year and a Continue Reading
Since the turn of the year, energy stocks have become a put owner’s dream–what with the energy sector virtually generating the worst returns of all US sectors. And the harder Continue Reading
The number of oil and gas company bankruptcies in the United States and Canada rose 50% in 2019 over the previous year, and is likely to increase as a slide Continue Reading
The global oil and gas industry is facing the “twin threats” of the loss of profitability and the loss of social acceptability as the climate crisis continues to worsen. The Continue Reading
Discovery isn’t dead. It’s just moved into trickier geological territory, but that’s not stopping the impressive advance. Despite growing anti-oil sentiment, oil and gas companies unearthed 12.2 billion new barrels Continue Reading
The Drilling Productivity Report uses recent data on the total number of drilling rigs in operation along with estimates of drilling productivity and estimated changes in production from existing oil Continue Reading
U.S. shale oil fracking has already peaked and is in a period of sustained contraction, according to two major providers of services to the industry. That view from Halliburton Co. Continue Reading
