Texas Is An Energy Leader In More Ways Than One

Velda Addison, Hart Energy

In addition to being at the forefront of oil and natural gas production, Texas is a leader in renewable energy.

Reasons Why Oil, Gas Companies Should Embrace New Methane Rule

The question is not whether the industry will change to meet these challenges. It’s how it will change.

Unconventional Completion Technique Dominates In US

Velda Addison, Hart Energy

A report released by the U.S. Energy Information Administration revealed that natural gas production from hydraulically fractured wells make up 67% of the total marketed U.S. gas production.

China’s Surging Crude Oil Imports For Storage May Ease

Clyde Russell, Reuters

Crude imports for the first four months of the year were 123.7 million tonnes, equivalent to about 7.46 MMbbl/d.

Universities Team Up For Fossil Fuel Research

Velda Addison, Hart Energy

The U.S. government has selected nine institutions, led by Penn State, to form the University Coalition for Fossil Energy Research with a $20 million grant.

Oil Rally Loses Momentum

John Kemp, Reuters

Short-term interruptions to crude output, including wildfires in Alberta and problems with Libya’s exports, have failed to provide a sustained boost to either spot prices or time spreads.

OTC 2016: Exhibitors Spark Innovation, Provide Learning Experience

Velda Addison, Hart Energy

Trelleborg encourages people to share ideas while Technip provides an unforgettable virtual experience, just some of the OTC show floor attractions.

How Cutting Methane Waste Won The West

One recent report found that taxpayers may lose more than $800 million in revenue over the next decade due to venting and flaring on public lands if no action is taken.

Saudi Arabia Will Struggle To Kick Its Addiction To Oil

John Kemp, Reuters

Diversification requires developing industries which have nothing to do with the extraction of oil and spending of oil-related revenue.

ExxonMobil, Employees Keep Giving Despite Tough Times

Velda Addison, Hart Energy

The company’s charitable foundation has awarded over $45 million in grants with more funds going to the fight against malaria and Houston area flood relief efforts.

Oil Producers Get Worst Possible Outcome

Clyde Russell, Reuters

The meeting in Qatar on April 17 effectively pushed a reset button on the crude markets, putting the situation back to where the market was before hopes of producer discipline were raised.

Economist: Don’t Read Too Much Into Rising Oil Prices

Velda Addison, Hart Energy

Oil and gas companies are still cutting jobs to cope with lower profit margins as rig counts, production and drilling permits fall.