American Shale-Oil Producers are on a Roll

In the light, sweet spot  Surprisingly, they have not yet roiled the oil markets JUST over a year ago Harold Hamm, billionaire boss of Continental Resources, one of the biggest shale-oil producers in America, issued a stern warning to his fellow frackers. Drill with restraint or we will “kill the market”, he said. This month […]

Read more

Permian 3.0 Shows U.S.’s Biggest Oil Field May Have More to Give

  Call it Permian, version 3.0. That’s how Tim Dove, who leads Pioneer Natural Resources Co., refers to new well designs his company says are now pumping 35 percent more oil than their predecessors. And Pioneer’s not alone: Rivals are also boasting of huge improvements resulting from new-look technology, indicating that the biggest U.S. oilfield […]

Read more

StocExpo Europe: Expect even more in 2019

Free content, leading industry speakers & additional networking led to a 94% visitor satisfaction rate at this year’s StocExpo Europe, but next year promises to be better than ever. Just weeks after the 14th edition of StocExpo Europe came to a close in Rotterdam, work is in full swing to create next year’s edition of […]

Read more

Carlsbad Facility Improvements with Cetane Energy

PLANO, TX – May 3, 2018 – Murex LLC (Murex) and Cetane Energy, LLC (Cetane) have agreed to a major capacity expansion which will more than double the existing throughput of the Cetane crude oil trans-loading facility in Carlsbad, New Mexico serving the Permian and Delaware Basins. Capital improvements, which will be completed Q3 2018 […]

Read more

TRADEQUIP INTERNATIONAL CELEBRATES 40 YEARS IN PUBLICATION

  FOR IMMEDIATE RELEASE Tradequip International, a tri-monthly, buy-sell publication, is celebrating 40 years serving the oil and gas industry. Tradequip has been in print since 1978. Originally called International Tradequip, the paper barely contained more than ten pages. So, in 1983, it was purchased by The Cosby Harrison Company (formerly called TAP Publishing Company). […]

Read more

Updated CAT® PL61 Pipelayer Offers Performance, Safety Features, Easy Maintenance and Transport

For Worldwide Release (excluding Japan): April 2018 Release Number: 290PR18 Part of a full line of purpose-built Cat® pipe layers, the updated PL61 delivers 40,000 lb (18 145 kg) of maximum load capacity. The new model retains its familiar comfort and easy maintenance features, with updates for added safety and performance. Easy 128-inch (3240 mm) transport […]

Read more

$100 Oil is Back on the Table as OPEC Stays Strong on Tightening Production Limits

Oil prices will rise to $100 per barrel if Saudi Arabia gets its way. Only a week ago, news surfaced that Saudi officials were quietly hoping to push oil prices up to $80 per barrel, which would help boost the valuation of Saudi Aramco IPO. But why not $100 per barrel? Reuters reports that Riyadh […]

Read more

Is This The Oil Opportunity Of The Year?

It’s one of the most unbelievable energy stories of the year. A Chinese oil company was sitting on what might be a major oil discovery – a 182-million-barrel probable reserve, with great potential to grow. They spent hundreds of millions of dollars and sunk 13 wells, shot or acquired 6,700 km of 2D seismic, and […]

Read more

The Oil Eating Bacteria That Can Clean Up Crude Spills

It’s not a widely known fact that the 2010 oil spill caused by the explosion on BP’s Deepwater Horizon platform could have been even worse were it not for bacteria. Several species of marine bacteria that feed on ingredients in crude oil and natural gas bloomed during the spill, feasting on Louisiana light, sweet crude. […]

Read more

First Plenary Session Speakers announced for World’s Largest LNG Event

                    The 19th International Conference & Exhibition on Liquefied Natural Gas (LNG2019), the next event in the LNG X series owned by the International Gas Union (IGU), Gas Technology Institute (GTI) and the International Institute of Refrigeration (IIR), is proud to announce the first wave of […]

Read more

Offshore Rig Builders Face New Reality

Total announced that it was deploying the first offshore robots at a North Sea platform to test them as maintenance tools. Earlier, Shell inked a contract with an engineering firm to find ways of extending the life of its Leman Alpha offshore platform. Borr Drilling said this month that its $232.5-million acquisition of sector player […]

Read more

JDS Technologies, Inc. to Expand in Tennessee

Rubber and plastics manufacturer to create approximately 110 new jobs in Winfield NASHVILLE – Tennessee Gov. Bill Haslam, Department of Economic and Community Development Commissioner Bob Rolfe and JDS Technologies, Inc. officials announced today that the rubber and plastics manufacturer will expand its operations in Scott County. JDS Technologies will invest $2.2 million to establish a […]

Read more