Thanks For The GoM Oil, Gas Lease Sale Livestream, BOEM

Velda Addison, Hart Energy

Like many firsts, the livestream broadcast did not go off without any glitches. But the display of transparency was appreciated.

Saudi Arabia Isn’t Flooding Oil Market Ahead Of Freeze Talks

John Kemp, Reuters

A closer look at the kingdom’s recent production, consumption and export statistics paints a more nuanced picture.

From Canada To Curacao: US Oil Exports Reach More Destinations

Additional U.S. oil export opportunities could exist, if there is a need.

Will OPEC Agree To Freeze Output In September?

John Kemp, Reuters

Previous attempts to reach a deal on cutting or freezing production at OPEC meetings in 2014, 2015 and 2016 ended in failure.

Oil, Gas Production Jobs Fall But Turnaround Nears

Velda Addison, Hart Energy

The U.S. Energy Information Administration says the number oil and gas production jobs in May fell 26% from October 2014 levels.

Oil Demand Likely Rising In Sweltering Middle East

John Kemp, Reuters

To help meet the extra fuel demand from power producers, the kingdom usually ramps crude output up during the summer and then cuts production back in the autumn.

Why Is Oil Market Rebalancing Taking So Long?

John Kemp, Reuters

Rebalancing relies on production cuts and additional demand, most notably from China and India.

UT, ExxonMobil Hook Up To Develop Energy Technologies

Velda Addison, Hart Energy

Their efforts could tap advanced computing, environmental management and addictive manufacturing as they search for the next big technological breakthrough.

Offshore Rig Tours Debut In North Sea

Velda Addison, Hart Energy

As the downturn reduces some offshore oil and gas activity, a company that offers floatels for offshore workers is venturing into tourism.

Saudi Arabia’s Oil Reserves: How Big Are They Really?

By John Kemp, Reuters

Analyzing Saudi reserves and trying to predict when the kingdom’s production will begin to decline has been a graveyard for the reputation of analysts.

Subsea Sector Sees Growth Opportunities In Wind

Velda Addison, Hart Energy

The renewables sector can benefit from the expertise of subsea companies in a variety of areas, including engineering, procurement, construction and installation.

ExxonMobil’s InterOil Offer Is A Model For Buying At Bottom

By Clyde Russell, Reuters

The best option for ExxonMobil to expand its existing LNG capacity is to acquire sufficient reserves to justify building another liquefaction train.