oil and gas news


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Your Weekly Update: 10 - 14 December 2018

There is so much shale liquids sloshing underneath the Permian formation in Texas and New Mexico, that even though it has already upended global crude market and turned the USA into the world's largest crude producer, there is still so much of it trapped inland, unable to make the 800km journey to ...

Hui Shan


Posted 2 days agoLink > Oiloil and gas newsOil and Gas Industry +7

Analysis: Trump and Saudi Collision on Oil, and Bingaman’s Return to Santa Fe

In an earlier column, readers overseas benefited from this writer's forecast that crude oil prices would fall dramatically because most commodity traders got it wrong. Simply, this column's analysis was the buying of oil assumed a shortage would result once the sanctions against Iran would be activ ...

Will Fine


Posted 17 days agoOpinion > Senator BingamanBingamanSanta Fe +71

Your Weekly Update: 8 - 12 October 2018

However, crude oil with API gravity of 40 to 50 degrees accounted for the largest share of Texas production, at 55%, in 2017. About 90% of North Dakota's 2017 crude oil production had an API gravity of 40 to 50 degrees. In 2017, 7.6 million b/d (96%) of imported crude oil had an API gravity of 4 ...

Hui Shan


Posted 2 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Dr. Daniel Fine: Trump and Oil in Trade Geopolitics

Unlike 1973, and its oil embargo against the United States, there is no supply threat from the Middle East. Consequently, only a demand unknown moves the price of crude oil. Permian/Delaware has displaced the Middle East as a source and even Mexico imports U.S. production.  This has caused euphori ...

Will Fine


Posted 3 months agoOpinion > United StatesMiddle EastPermian +69

4 Safety Habits for Oil & Gas Professionals

  Oil and gas jobs are one of the most dangerous jobs in the world since operational conditions, chemicals and end products can pose serious safety issues and health threats to the workers. In the US alone, from 2003 to 2010, the on-job fatality rate was 7 times higher than all other industries. ...

Easwaran Kanason


Posted 4 months agoPress > safetyhuman safetyOil and Gas +1

Analysis: What's Next for Oil and Gas Prices After Putin-Trump Summit? by Dr. Daniel Fine

(Photo: Pablo Martinez Monsivais,/AP) The opposition in Congress wants to see a transcript of what President Donald Trump and Russian President Vladimir Putin talked about for two hours alone. No doubt some of that time was spent discussing OPEC and the price of oil. This is abov ...

Will Fine


Posted 4 months agoOpinion > Donald TrumpPresident of the USAPresident +56

Dr. Daniel Fine: Oil – Before and After the November Election

The Trump Administration is moving towards less royalty rates on Federal land leases, less Bureau of Land Management discretion on Environmental Protection Act obstruction on the Application for Petroleum Drilling process, less coal and nuclear power generation decline, and less oil supply confiden ...

Will Fine


Posted 5 months agoOpinion > Ryan zinkeDonald TrumpPresident Trump +66

Fine: No Such Thing As 'Free Trade' With OPEC as a Cartel

Among some speakers at the 2018 Four Corners Oil and Gas Conference last month in Farmington there were evasive positions on the future of OPEC. Also, previous online or media positions of “free trade” were muted to be popular with the oil, gas and equipment operators who made up those in attendanc ...

Will Fine


Posted 6 months agoOpinion > Kingdom of Saudi ArabiaSaudi Arabiasaudi +68

Dr. Daniel Fine: OPEC in Houston and Steel Pipes From China

For a week in March, Houston was the site of a world assembly of oil producers engaged in an OPEC-Russia dialogue with American shale or light tight oil producers on supply and — indirectly — price.  OPEC and Saudi Arabia pitched a market information offensive.  Put simply, American oil producers ...

Will Fine


Posted 8 months agoOpinion > HoustonsteelChina +71

NrgEdge - Your Weekly Update: 12 - 16 March

Market Watch Headline crude prices for the week beginning 12 March 2017 – Brent: US$64/b; WTI: US$61/b Crude prices started on a weaker note, after a see-saw week of trading last week, as indications pointed to American shale output swelling. With OPEC's efforts already in place and the be ...

Nrgedge Admin - NrgEdge


Posted 9 months agoOpinion > nrgedgeoil and gas newsweekly news update +2

NrgEdge - Your Weekly Update: 5 - 9 March

Market Watch Headline crude prices for the week beginning 5 March 2017 – Brent: US$65/b; WTI: US$62/b Crude oil prices began the week on a stronger note, bouncing back from market jitters of American plans to impose steep tariffs on steel and aluminium imports to trade on indications that U ...

Nrgedge Admin - NrgEdge


Posted 9 months agoOpinion > nrgedgeOil and Gasweekly news update +3

NrgEdge - Your Weekly Update: 19 - 23 Feb

Market Watch Headline crude prices for the week beginning 19 February 2017 – Brent: US$65/b; WTI: US$62/b Crude prices enjoyed a series of gains last week, boosted by a return of confidence to equity markets and the dollar continuing to remain weak. Signs that crude inventories in the key s ...

Nrgedge Admin - NrgEdge


Posted 9 months agoOpinion > nrgedgeOil and Gasoil and gas news +3

Oil and Gas Job Search in the Digital Age: Part 2, Think Worldwide

Through the click of a mouse we are all now able to connect and work with people from around the world. This is no different when hiring  oil and gas industry professionals  who can now work remotely on projects without having to travel to a client's office. For oil & gas consultants the working wor ...

Phil Houston


Posted 11 months agoOpinion > Engineering specialistsoil & gas consultantsoil and gas consulting +7

Oil and Gas Job Search in the Digital Age: Part 1, Online Presence

Since the oil price crash in 2014 there have been massive layoffs throughout the oil industry and its supply chain. Worldwide estimates of job losses indicate that up to 30% of  oil and gas industry professionals have been made redundant, pushed to early retirement, or jumped to industries with ...

Phil Houston


    GB Permanent  


Posted 11 months agoJob > Engineering specialistsoil and gas engineering jobOil and Gas Industry +7