Industry Trends

News
November 02, 2022
WASHINGTON – The American Petroleum Institute (API) on Wednesday published a first-edition document focused on species and habitat conservation for onshore natural gas and oil production facilities that will help boost the industry’s existing practices to enhance environmental performance.
News
November 01, 2022
“Once again, the Biden Administration is calling for punitive actions against the oil and gas industry for political purposes instead of working with the energy industry to produce real solutions for our nation’s energy security," Energy Workforce CEO Leslie Beyer said in response to President Biden's latest remarks on gas prices.
News
October 31, 2022
An excess of supply in the oil market was the main reason for OPEC+ opting to cut production in October, according to the group’s secretary-general.
News
October 31, 2022
Ahmed Al Jaber, chief executive of Abu Dhabi National Oil Company (ADNOC), called for maximum energy with minimum emissions to ensure global energy security in his opening address at the 38th edition of the Abu Dhabi International Petroleum Exhibition Conference (ADIPEC).
News
October 17, 2022
BP Plc agreed to acquire biogas producer Archaea Energy Inc. for about $4.1 billion including debt, the latest step in the UK energy giant’s expansion into lower-carbon fuels.
News
October 17, 2022
Billionaire wildcatter Harold Hamm boosted his offer for the Continental Resources Inc. stock his family doesn’t already own to $4.3 billion as he seeks “freedom to invest” and buck the disciplined-spending mantra adopted by rival shale drillers.
News
October 11, 2022
Exxon Mobil Corp. is considering a takeover of Denbury Inc., an oil and gas producer with the largest carbon dioxide pipeline network in the U.S., according to people familiar with the matter.
News
October 07, 2022
The job market in the U.S. shale patch is showing further tightness as drillers struggle to find enough workers to meet output targets this year, according to a Labor Department report released Friday.
News
October 04, 2022
Sustainable recovery and transforming the industry for the future was the theme of the opening general session Monday morning at the SPE Annual Technical Conference and Exhibition, at the George R. Brown convention center in Houston, Texas.
Article
September 2022
During five years at the helm of Halliburton, Jeff Miller has faced numerous challenges and decisions while carefully steering his company through the industry’s ups and downs. Finally, it looks like Mr. Miller and Halliburton are poised to enjoy some prolonged prosperity.
News
September 21, 2022
In what appeared to be a very deliberate attempt to inject some reality into the headlong rush toward renewables, Saudi Aramco President and CEO Amin Nasser cautioned the energy industry about making bad choices.
News
September 19, 2022
The United Arab Emirates is accelerating a plan to raise its oil production capacity, according to people familiar with the matter, as it tries to cash in on its crude reserves before the world transitions to cleaner energy.
News
September 19, 2022
Independent software vendors will build, market, and sell solutions and apps through Schlumberger digital platform, unlocking innovation for customers.
Article
September 2022
As the ongoing transition bridges the gap between the energy and technology sectors, more and more of the energy workforce is being spurred to make the jump.
News
September 09, 2022
Chesapeake Energy Corp. said its assets in the Eagle Ford Shale have drawn a “tremendous amount of interest” as the U.S. company pursues a sale in order to become a pure-play natural gas producer.
Article
September 2022
No matter what oil prices are, our industry will continue to need newly trained talent. With proper education and training at university level, graduates will be better prepared to make cost-effective decisions regarding seismic data, drilling and completion of wells.
News
September 06, 2022
Hydrocarbons remain a necessary part of the global energy mix. Unlocking Uganda’s fossil-fuel resources will help meet its development needs – and even reduce emissions.
News
September 02, 2022
Employment in the U.S. oilfield services and equipment sector rose by an estimated 6,865 jobs to 648,914 in August, according to preliminary data from the Bureau of Labor Statistics and analysis by the Energy Workforce & Technology Council.
News
September 01, 2022
New research commissioned by Offshore Energies UK has revealed that young people are actively seeking careers that have a positive impact on society, with more than half of those surveyed saying they would consider a career in the UK’s energy sector.
News
August 29, 2022
European oil major Shell Plc cautioned that Europe may have to brace for a string of winters with exorbitant power bills and electricity rationing as Russia squeezes gas supplies.
News
August 29, 2022
Major economies sharply increased support for the production and consumption of coal, oil and natural gas, according to analysis released by the Organisation for Economic Co-operation and Development and the International Energy Agency.
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