Sharp Rise in Oil, Gas Industry Confidence in 2018
There has been a sharp rise in industry confidence in 2018, according to a new study by DNV GL, a technical advisor to the oil and gas sector. DNV GL’s Continue Reading
Saudi Arabia’s energy minister says IEA overhyped US shale boom
Saudi Arabia’s energy minister took a rare sideways swipe at the International Energy Agency on Wednesday, accusing the body of overhyping the impact of US shale growth on the oil Continue Reading
Total takes slice of Chevron oil find in the Gulf of Mexico
A French energy company said it was setting a deeper footprint in the U.S. waters of the Gulf of Mexico by taking a minority stake in a Chevron-controlled field. For Continue Reading
Summary of Weekly Petroleum Data for the Week Ending January 19, 2018
U.S. crude oil refinery inputs averaged 16.5 million barrels per day during the week ending January 19, 2018, 392,000 barrels per day less than the previous week’s average. Refineries operated Continue Reading
The Biggest Year Yet For U.S. Shale
For years, the shale promise has been hollow. Even when oil prices were trading above $100 per barrel, most shale drillers weren’t profitable. They drilled rapidly, brought huge volumes of Continue Reading
What to Look for in Oil, Gas in 2018
Brian Williams of Carl Marks Advisors shares insights on what the industry can expect regarding E&P investment, M&A deals and trends for 2018. Ushering in 2018 were some welcome higher Continue Reading
Art Berman: Like It Or Not, The Future Remains All About Oil
Art Berman, 40-year veteran in the petroleum production industry and respected geological consultant, returns to the podcast this week to talk about oil. After the price of oil fell from Continue Reading
Offshore could be beating U.S. shale
Some offshore developments outside of North America may be gaining a competitive edge over U.S. shale, sector analysis found. U.S. shale oil developments are expected to push total U.S. production Continue Reading
Trump Would Open Nearly All U.S. Waters to Drilling. But Will They Drill?
The Trump administration’s move to open nearly all of America’s coastal waters to offshore oil and gas drilling would give energy companies access to more than a billion acres off Continue Reading
Big Oil Projects Start to Get Off the Ground as Prices Surge
Investment approvals in 2017 more than doubled 2015-2016 count There are still 104 big projects awating approval, Rystad says The global oil industry’s backlog of big drilling projects is starting Continue Reading