Wood Mackenzie (WoodMac) About 30 upstream oil and gas projects are expected to be approved around the world this year, similar to 2017, as operators stay focused on less capital-intensive projects wi…
World’s Oil Market – IEA Outlook FILE – In this April 24, 2015 file photo, pumpjacks work in a field near Lovington, N.M. The boom in US oil production is expected to satisfy most of the world’s growi…
Oil creating Saudi, Russia link Saudi Arabia’s oil production agreement with Russia was opportunistic at first, but it is now the foundation for a broader relationship that has the potential to reduce…
More than $811 billion will be spent on 615 upcoming oil and gas fields between 2018 and 2025 according to data and analytics company GlobalData. Globally, capital expenditure (capex) into conventiona…
Fracking & Oil-Field Poised to Break Records This spring America’s oil companies are expected to produce a record 10 million barrels of American crude a day, largely due to another record that is…
Permian’s production growth – the main driver of the second shale revolution as oil prices crept higher over the past 12 months — may be limited not by geological or technological constraints, but by…
A federal outlook for national average on-highway diesel prices predicts they will be higher this year and in 2019 than they were last year and in 2016. However, they should at least be fairly stable…
Chemical market up T The American chemical industry began the third quarter on a positive note, with growth in U.S. specialty chemicals market volumes expanding 0.4 percent in July, following an upwar…
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