ConocoPhillips Close to Finalizing Sale of Oklahoma Assets to Stone Ridge Energy
ConocoPhillips nears sale of Oklahoma assets to Stone Ridge Energy Shariq Khan | Reuters The Oklahoman newspaper found directly online with eNewspaper Get all the top stories from around Oklahoma in a traditional newspaper layout with The Oklahoman’s eNewspaper. NEW YORK (Reuters) — U.S. oil and gas producer ConocoPhillips is in advanced talks to sell assets in Oklahoma to […]
Industry Risks NGL Overexpansion Amid Slowing Growth
Industry Risks NGL Overbuild as Growth Slows US NGL infrastructure has quietly transitioned from tight to overbuilt. While production continues to grow, the pace has moderated significantly following ‘Liberation Day’ and a softer WTI price environment. Permian NGL takeaway capacity, once a constraint, now exceeds demand by a wide margin. Total pipeline capacity nears 5.5 […]
GOP Pushes Tax Bill in Senate Featuring Billions in Oil Industry Perks
As GOP Tries to Pass Tax Bill, Senate Includes Billions in Benefits for Oil Industry As the Senate works this week to pass major legislation that would slash taxes, climate programs and government spending, Republicans are poised to include billions of dollars in benefits for the oil and gas industry. The new oil-targeted tax changes […]
New Mexico’s Oil and Gas Sector Takes the Lead in Well Plugging
NM oil and gas industry leads on well plugging Missi Currier | New Mexico Oil and Gas Association What drives gas prices? Understanding the complex factors Gas prices are highly sensitive to changes in supply and demand. Natural disasters like hurricanes that disrupt oil production and refining, or sudden increases in demand, can cause sharp […]
New Legislation Seeks to Shield Texas Oil and Gas Industry from Legal Action
New Law Aims To Protect Texas Oil And Gas Industry From Lawsuits (The Center Square) – Both of Texas’ U.S. senators and one congressman, all from Houston, have filed a bill to protect the oil and natural gas industry. Texas Republicans U.S. Sens. Ted Cruz and John Cornyn filed the Protect LNG Act in the […]
Revitalizing California’s Oil and Gas Industry: Strategies for Sustainability
How to Save California’s Oil and Gas Industry For anyone unconcerned about the state’s ongoing war against the oil and gas industry, or the impact it is going to have on California’s economic health and overall cost-of-living, a study released on May 5 should be required reading. With strong arguments and immutable data, USC Business Professor Michael […]
Enhancing Supplier Selection in the Oil and Gas Industry through Data-Driven Approaches
Data-driven methods improve supplier selection in oil and gas industry In a sector as complex and capital-intensive as oil and gas, the decision-making process surrounding supplier selection is pivotal to operational success and long-term competitiveness. Research from Oman’s oil and gas sector published in the International Journal of Services and Operations Management highlights the need […]
Oil Industry Targeted by Trump’s ‘Drill, Baby, Drill’ Agenda Faces Challenges
Oil industry that Trump wants to ‘drill, baby, drill’ takes a beating An operator for Baker Hughes conducts a wireline survey on a Chesapeake Energy natural gas rig in the North Texas Barnett Shale near Burleson, Texas. Matt Nager | Getty Images President Donald Trump wants the oil and gas industry to “drill, baby, drill” […]
Biden’s Exit Fuels Expansion in the LNG Industry
Biden’s departure spurs LNG industry growth A flare burns off excess natural gas Friday, April 8, 2022, in Midland, Texas. (Odessa American/Eli Hartman) The American liquefied natural gas industry is booming with eight multi-billion dollar export terminals operating along the Gulf Coast, five under construction and 18 that have been approved but are not yet […]
The Initial Indication of a Slowdown in the U.S. Oil and Gas Industry
The First Sign the U.S. Oil and Gas Sector Is Pulling Back America’s oil and gas industry is beginning to pull back on investments in the face of tariffs and immense oil price instability — or at least one oil and gas company is. While oil and gas executives have been grousing about low prices […]