US President Obama’s Budget Will Not Lead To $10 Oil Tax

John Kemp, Reuters

While the president is required by law to submit a unified budget, Congress is under no obligation to enact it or even use it as a starting point for its own deliberations.

STEM-Focused Robotics Competition Gains Support

Velda Addison, Hart Energy

With a goal of inspiring future engineers, the initiative offers participants hands-on opportunities to design ROVs used underwater by the oil and gas sector among others.

How Saudi Arabia Defended Its US Oil Market Share

John Kemp, Reuters

The Saudis have defended their market share through a combination of luck, strategic relationships and skillful marketing, a model the kingdom is now seeking to replicate in fast-growing fuel markets such as China.

GE, Statoil Unveil Water Challenge Winners

Velda Addison, Hart Energy

Participants were asked to submit ideas on how to reduce use of fresh water and ideas on how to reuse water from shale production activities. The prize: $25,000.

‘New Reality’ Shows Some Believe Old Habits Still Hard To Break

Velda Addison, Hart Energy

Of the 921 senior oil and gas professionals surveyed, 56% said they believe the industry is repeating the mistakes of previous downturns.

‘Notional Stocks’ Stir Controversy About Oil Data

John Kemp, Reuters

The production of basic statistics and forecasts about oil reserves, production, consumption and stocks ought to be a matter of routine.

More Layoffs Add To Potentially Dismal Workforce Outlook

Velda Addison, Hart Energy

When the downturn ends, the industry could be facing a major skills shortage.

Middle East Economic Slowdown Will Cut Oil Demand Growth

John Kemp, Reuters

Gulf countries consume 40 percent more energy per capita than their counterparts in Europe and 150 percent more than the world average, according to the U.S. Energy Information Administration.

Methane Emissions Are Risky Business for Investors

Sean Wright, Environmental Defense Fund

Methane undercuts natural gas’ ability to play a role in a carbon-constrained world, and methane emissions are lost product amounting to $30 billion a year globally.

US Shale Production Outlook Signals Rocky Start

Velda Addison, Hart Energy

Data released Jan. 11 by the U.S. Energy Information Administration (EIA) showed that oil production from the seven shale regions is predicted to fall by 116,000 barrels per day in February.

Charitable Giving Continues Despite Downturn

Velda Addison, Hart Energy

A Texas-based oil and gas giant has donated $100,000 to help storm victims.

Seven Possibly Magnificent Commodity Bets For 2016

Clyde Russell, Reuters

The start of another year means another round of forecasts from commodity analysts, but the future remains uncertain as history has shown again and again.