Industry Headlines
Jan 22, 2018
Oil rose more than 1%, with benchmark Brent crude hitting $70 a barrel for the first time in a week.
Jan 22, 2018
The bodies of five people killed in an Oklahoma oil well explosion were recovered on Tuesday afternoon.
Jan 22, 2018
The world's largest energy companies plan to significantly widen a two-year effort to standardize the kit they use to pump oil and gas.
Jan 22, 2018
Brian Williams of Carl Marks Advisors shares insights on what the industry can expect regarding E&P investment, M&A deals and trends for 2018.
Jan 21, 2018
Oil closed higher after Saudi Arabia and Russia signaled production cuts may be extended into 2019.
Drilling and Development
Geo-information technologies are valuable tools for ecological assessment in stressed environments. Visualizing natural features prone to disasters from the oil sector spatially not only helps in focusing the scope of environmental management with records…
The practical applications of a mix scale approach involving GIS and remote sensing offers governments and enterprises a solution for monitoring the carrying capacity of fragile ecosystems, such as the River Niger Delta. In the last decades, policy debate…
In the past several years, Nigeria continues to experience robust economic development with growth rates surpassing those of her neighbors. Added to all these are pressures from rising population spread across different eco-regions and a growing demand fo…
Since the discovery of oil in the Niger Delta region, the sector’s contribution to Nigeria’s economy came at a huge environmental cost involving recurrent spills resulting in the spewing of oil into sensitive ecosystems. In the process, gas flaring from t…
Over the years drilling companies have had to go deeper into the earth to extract oil. In 1949 the average depth of an oil well drilled was 3,635 ft by 2008 that was 6,000 ft.Advances in technology have meant oil and gas companies can now go drill down to…
Oil and Natural Gas News
Jan 3, 2018
Projects will address critical gaps in our understanding of reservoir behavior, optimal well-completion strategies, and more.
Dec 14, 2017
As Assistant Secretary, Mr. Winberg oversees FE's R&D program, encompassing coal, oil, and natural gas, as well as the Office of Petroleum Reserves.
Oct 5, 2017
Following Prime Minister Modi’s visit with President Trump, Indian companies ramped up purchases of U.S. crude.
Sep 1, 2017
A proposed rule aims to provide faster approval of small-scale exports of natural gas, including liquefied natural gas (LNG), from export facilities.
Jun 21, 2017
New projects to increase recovery efficiency from unconventional oil and gas wells and to prevent offshore spills and leaks.