The 150,000 Oil Jobs That May Never Come Back
The political discourse last year has largely been dominated by the absence of jobs and wage growth in the blue collar space. For many blue collar workers, the energy sector Continue Reading
Is Era of Oil and Gas Megaprojects Over?
To survive the lower-for-longer price market, oil and gas companies need to rethink their strategies for major offshore projects. With oil prices still trading around the $50/barrel mark, oil and Continue Reading
Top 10 Bankruptcies Of 2016 Feature 9 Energy Firms
Low oil prices and the distress of the solar, coal, and oil and gas producers resulted in nine energy firms making the top 10 of public company bankruptcies for 2016 Continue Reading
U.S. Shale Sees Rebound In 2017…But Mostly From The Permian
The oil industry invested more than $28 billion in buying up land in the Permian Basin in 2016, three times the amount spent in 2015, according to Reuters . That Continue Reading
A tale of two shales in Texas
The Permian shale oil basin in the southern United States is among the few to show gains even during the market downturn, a federal report finds. Overall, the shale oil Continue Reading
Statoil completes sale of Alberta oil sands
Norwegian energy major Statoil said it closed on the sale of its entire oil sands operations in the oil-rich Canadian province of Alberta. Statoil said it completed the sale of Continue Reading
U.S. crude and distillate stocks rise sharply: EIA
U.S. crude stocks rose last week, along with gasoline and distillate inventories, the Energy Information Administration said on Wednesday, as refiners continued to let stocks build in a seasonally slow Continue Reading
Exclusive: Endeavor, giant of West Texas oil industry, mulls public offering
Endeavor Energy Resources LP, a privately-held Texas oil producer, is considering an initial public offering of stock to expand operations on more than 330,000 acres of land it controls in Continue Reading
As oil recovers, U.S. firms descend on the Permian Basin in West Texas
In most U.S. shale oil regions, energy firms are making strategic but cautious bets as the price of oil holds above $50 a barrel. Here in the Permian Basin of Continue Reading
Is The Kremlin Funding A Campaign That Undermines U.S. Fracking?
The recent National Intelligence Council report assessing the involvement of Russia in last year’s U.S. presidential elections spurred a flurry of media reports suggesting that Russia is heavily involved in Continue Reading