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Oil and gas industry faces huge loss

BY KEVIN ROBINSON-AVILA AND DAN BOYD / ALBUQUERQUE JOURNAL STAFF WRITERS Published: Thursday, March 19th, 2020 at 5:04pm Updated: Thursday, March 19th, 2020 at 9:55pm " Copyright © 2020 Albuquerque Journal With oil prices plunging to their lowest level in 22 years, state legislators are proje ...

Will Fine


Posted 7 days agoOpinion > Farmington New MexicoDelaware BasinWest Texas Delaware Basin USA +63

Oil price plunge wallops NM

With Russia and Saudi Arabia now locked in battle over which country can sustain their economies the longest as prices plummet, the Permian Basin in West Texas and southeast New Mexico is caught directly in the crossfire. In fact, in good part, the price war appears directly aimed at slowing prod ...

Will Fine


Posted 16 days agoLink > Governor of New MexicoFarmington New MexicoBusiness news +48

Third IT firm acquisition takes Dynamic Edge turnover to £5m

Technology business Dynamic Edge has become a £5m turnover firm and extended its geographical reach following the acquisition of an IT company in the south of England. Dynamic Edge, established in Aberdeen in 2009, has acquired Hampshire-based information technology firm Tekkers IT Solutions. The ...

James Donaldson


Posted 19 days agoPress > EnergyAberdeenOil +8

Petrochemical Supply Chain and Logistics 2020

MEET ALL THE US PETROCHEMICAL SUPPLY CHAIN INDUSTRY VIPS: No other event affords you better networking opportunities. Not only are we the biggest meeting place of petrochemical producers globally but also world-class trucking, rail, and barge companies, 3PLs and other solution providers, Ports, Ocea ...

evvnt Platform


Houston   TX   US 10 Jun 2020


Posted 1 month agoEvent > EnergyEnvironmentBusiness

LEAP HR: Oil and Gas 2020

Discover the New Practical Solutions to Workforce Performance and Productivity That Proactive HR Leaders Are Taking to Revitalize Their Oil and Gas Firms. This is your team's best opportunity to opportunity to find out how to transform HR's impact on performance on and off the rigs. Discover how to ...

evvnt Platform


Houston   TX   US 18 May 2020


Posted 1 month agoEvent > EnergyEnvironmentBusiness

Unique Group: £Multi-Million Investment Reflects European Growth Plans

Unique Group, one of the world's leading integrated subsea and offshore solution providers, continues to implement its ambitious UK and European growth plans, via a £multi-million investment programme. Reflecting an increased demand across its range of solutions and support services, the company's ...

Kate Kenyon


Posted 6 months agoPress > europeBusinessgrowth +7

Increasing Natural Gas Trade Between the U.S and Mexico

U.S. companies began exporting natural gas to Mexico via pipeline in 1988, and exports have increased significantly as the shale revolution in the U.S. produced affordable, abundant natural gas for consumers in the U.S., Mexico, and around the world.REF Liquefied natural gas (LNG)—which is transpo ...

Will Fine


Posted 8 months agoLink > MexicoNew MexicoGovernor of New Mexico +44

Analysis: Oil market glut will lead to declining prices through 2020 by Dr. Daniel Fine

With the OPEC-Russia meeting ahead, the price of oil is at a crossroad.  President Trump wants lower prices for gasoline at the pump and the Democratic Party wants a shortage to lift prices higher. This is the 2020 presidential election, to re-elect Trump or a create a Democratic left-center White ...

Will Fine


Posted 10 months agoOpinion > Pioneer Natural ResourcesOccidental PetroleumAnadarko Corporation +97

Fundamentals of Oil and Gas E&P

Overview The oil and gas industry influences virtually every aspect of the global economy. The Industry has made massive investments and hires professionals with diverse backgrounds and qualifications. It is common observation that key talents hired from outside of the industry as well as the sup ...

Opus Kinetic


Kuala Lumpur   Federal Territory of Kuala Lumpur   MY 17 Apr 2019


Posted 1 year agoTraining > Exploration and ProductionDrilling In Upstream ExplorationStrategy +2

Analysis: Things are flat in the Permian, and there's a push for renewables in Santa Fe by Dr. Daniel Fine

The Permian-Delaware Basin rig count should start falling as oil operators, large and small, are flat for 2019. Spending has been sharply reduced as supply now dominates the A.I. (Artificial Intelligence) used by many commodity traders in oil.    The large or integrated oil companies have all the ...

Will Fine


Posted 1 year agoOpinion > Santa Felatest oil and gas newsNew Mexico +69

Petroleum Project Economics and Risk Management

This highly interactive and scenario-based training programme will enable you to apply a structured approach to project justification, investment appraisal and decision-making in the  upstream  petroleum business. What you will learn how to apply economic and risk management evaluation tools for ...

MDT International - MDT International Ltd


Dubai   Dubai   AE 10 Mar 2019


Posted 1 year agoTraining > petroleumproject economicsrisk management +12

Exploration & Production Accounting Level 3

This 5 day advanced, highly interactive workshop in which delegates work in small teams to explore and analyse wide-ranging financial scenarios based on the realistic, computer-based simulation of various international exploration and production activities. What you will learn how to carry out a ...

MDT International - MDT International Ltd


London   England   GB 25 Feb 2019


Posted 1 year agoTraining > interactiveworkshopexploration and production accounting +12

Shell Bags License To Trade Oil Products In China’s Wholesale Market

Royal Dutch Shell plc (Shell), a renowned European multinational oil & gas company, has reportedly been awarded a trading license by the Chinese government that allows it to independently trade its oil products in China's wholesale market. Reports cite, the license signifies the Chinese government ...

Jui Kate


Posted 1 year agoPress > OilgasBusiness +2

Iran Still Likely To Invest In Refinery Expansion, Says Indian Oil

India's largest oil and gas company Indian Oil Corporation Limited recently said that Iran could still invest in one of its subsidiaries for a refinery expansion project. Sanjiv Singh, chairman of Indian Oil stated that Iran has not ruled out its participation in the development at the Chennai Petr ...

Jui Kate


Posted 1 year agoPress > OilgasOil Refining +2

Australian businesses unite to urge government to abort energy policy

Some of the biggest energy & business groups in Australia have reportedly come together in an effort to urge the Australian government to forgo its Big Stick approach in the matter of energy legislation. Apparently, the businesses are warning the government that the divestiture powers it craves wo ...

Jui Kate


Posted 1 year agoPress > EnergyIndustryPower +1