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Higher commodity prices have increased the value of Texas oil and gas as companies have put more people back to work for the upstream sector.
March imports were 9.17 MMbbl/d, well above December’s previous record of 8.57 MMbbl/d.
The prospects of additional oil and gas activity on federal land comes as a boon for the industry that has suffered from low oil prices in recent years.
President Trump's newly signed energy policy executive order will make it simpler for agencies, such as EPA and the Department of Energy, to weaken multiple climate regulations by reducing the benefits ascribed to climate regulations
Data released from the U.S. Energy Information Administration this week showed CO2 emissions from the energy industry fell to 5,170 million metric tons.
Calendar spreads have become the major battleground among traders about the timing of any drawdown in crude stocks.
It appears as if the Saudis are trying to maintain market share in Asia by trying to match the pricing and availability of lighter crudes from other producers.
Hopefully, our government, like others around the world, will figure out how to adequately balance robust energy policy with environmental considerations, as our new president has promised.
How long will it take for Saudi Arabia and Russia to realize the incompatibility of their dual ambitions?
As the operator community supplies the capital, funding and expertise to explore and develop fields, the service sector provides most of the high-end technology and skills to deliver this.
The Industry Technology Facilitator and the Oil & Gas Innovation Center are seeking applicants for funding to have R&D carried out at Scottish universities.
As a result of the shale revolution, the U.S. has emerged as the dominant supplier in an increasingly integrated hemispheric fuel market.