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Gas production in the U.S. has continued to trend lower despite a modest recovery in the rig count since the end of August 2016.
The fiscal year 2016 number, released by the Texas Oil & Gas Association, is down from $13.8 billion in fiscal year 2015.
Better collaborations are possible by following these three rules of improv.
Many OPEC and non-OPEC countries ramped up production during the second half of 2016, especially during the final three months of the year.
Digital solutions help to de-risk decisions, bring insights into vessel and fleet performance and provide opportunities to optimize operations.
An ad pointed out how oil is incorporated into several products used by consumers, such as lipstick, paint and heart valves.
By cutting their own output deeply, Saudi Arabia and its allies have masked the low level of compliance from the rest of the organization.
Partnership creates digital solution to reduce unplanned downtime of offshore operations.
The focus has shifted to questions of compliance and the resurgence of shale production in the U.S.
New technology, if effective, can help countries meet emissions goals set under the United Nations Framework Convention on Climate Change.
The concept is slippery and how traders talk about it does not necessarily correspond with the way it is understood by producers and consumers.
Reduced exploration budgets have seriously harmed the sector.