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.

You Can Now Be Positive On Commodities

Clyde Russell, Reuters

While a sustained rally may be a tad hopeful, a period of bouncing along the bottom with little rallies and pullbacks is a reasonable expectation.

Despite Efforts To Combat Attacks, Piracy Remains A Threat

Velda Addison, Hart Energy

Commodity prices may be holding the oil and gas industry’s attention. But companies should also keep eyes on this risk that never seems to go away.

Survey Sheds Light On Concerns Of CEOs

Velda Addison, Hart Energy

Technology is expected to play a key role in helping companies make it through today’s tough times.

Crude Output Freeze Unlikely As Iran Wins Back Asia Market Share

Clyde Russell, Reuters

India’s imports of Iranian crude were 215,800 bbl/d in February, up a massive 111% from the same month a year earlier.

Silica Dust Rule Adds Protection For Oil, Gas Workers

Velda Addison, Hart Energy

OSHA said it estimates the rule will save more than 600 lives and prevent more than 900 new cases of silicosis annually.

LNG Producers Need To Go Downstream To Build Industry

Clyde Russell, Reuters

LNG companies have to find ways to establish a sustainable market that will create and maintain demand for their product.