Industry Trends
News
June 12, 2025
The final day of URTeC on June 11 saw continued discussions on the opportunities and challenges facing the unconventional resources sector. One of these challenges was not a discussion unique to URTeC; from conferences like CERAWeek earlier this year to present, the issue of sourcing new talent and preventing knowledge loss in the industry has been a persistent concern across the oil and gas industry.
News
June 11, 2025
The Gulf’s rising importance represents a turnaround from the past two decades, when the region took a backseat to the U.S. shale boom. But now tumbling crude prices are hurting shale drillers while major, longer-term Gulf projects are starting to come online.
News
June 11, 2025
ADNOC is evaluating whether it can buy some of bp Plc’s key assets should the embattled British firm decide to break itself up or come under pressure to divest more units, according to people with knowledge of the matter.
News
June 10, 2025
Odfjell Technology and Oilfield Service Professionals (OSP) have entered a global strategic partnership aimed at enhancing operational performance, efficiency, and innovation across international oilfield markets.
News
June 06, 2025
Kongsberg Maritime has announced a partnership with Solstad, Østensjø, DeepOcean, and Remota that will launch a pilot project to explore the potential for remote Dynamic Positioning (DP) operations in the offshore sector.
News
June 04, 2025
Banks are staying confident in long-term energy fundamentals despite significant trade policy turbulence, according to the Spring 2025 Haynes Boone Energy Bank Price Deck Survey. The survey, now in its 12th edition, is a leading source of information for energy lenders and producers.
Article
May 2025
The new Hummingbird all-electric land cementing unit is making its debut in field trials this year, and it stands to improve sustainability, reliability, efficiencies and safety of cementing operations.
News
May 15, 2025
Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to “economic headwinds,” the International Energy Agency said. The IEA also downgraded the outlook for U.S. shale oil production due to lower crude prices.
News
May 07, 2025
In keeping with the overall themes raised on day one of OTC 2025, Weatherford CEO Girish Saligram discussed some of the major challenges facing the offshore industry as a whole in an executive dialogue panel on Monday.
News
May 05, 2025
(WO) – Day one of OTC 2025 kicked off Monday, May 5, in Houston, Texas. Offshore innovations and industry priorities in the current economic and geopolitical climate led much of the discussion on day one, exemplified in a panel on electrification.
Article
April 2025
As a component in the upstream value chain, production seemingly has been the last sector to see its problems solved through encompassing solutions, but that reality is changing.
News
April 25, 2025
According to a new report from Enverus Intelligence Research, upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018. However, activity was disproportionately driven by one company, Diamondback Energy.
News
April 21, 2025
Drivers at Energy Transfer locations across Texas, Oklahoma, and Louisiana have petitioned for a vote to remove the United Steelworkers union, potentially affecting over 420 workers in the oil and gas transportation sector.
News
April 21, 2025
TIPRO reports a 700-job decline in Texas upstream oil and gas employment in March, despite strong hiring activity and record production in the Permian and Eagle Ford. Regulatory shifts and market volatility continue to shape industry outlooks.
News
March 10, 2025
“A consequential time for energy and the world,” was how S&P Vice Chairman Daniel Yergin began his opening remarks, as the 2025 session of CERAWeek by S&P Global kicked off on March 10th in the Hilton Americas hotel. The sentiment was echoed through the panels to follow and proved a central theme to the day’s discussions.
Article
February 2025
As we do every year at this time, we have just completed our annual winter forecast. And quite frankly, this new forecast is calling for nearly a full repeat of 2024’s performance, in terms of overall activity numbers.
News
February 21, 2025
Centrium Energy Solutions™, a newly launched oil & gas chemical supplier, is aiming to reduce supply chain risks and improve the reliability of upstream and midstream products with a domestic distribution model that solves critical challenges in sourcing, logistics and performance.
Article
December 2024
Article
December 2024
Ionic liquids (ILs) are not so new to the world of chemistry or even to the oil and gas industry, but their applications in oil and gas, in particular, are not widely known or utilized. Because there are so many potential IL chemical structures, there are yet to be discovered compounds, and applications, as well. In any case, ILs have, for some time, especially in the last decade, represented a remarkable breakthrough in chemical science.
