Shale Shifts Attention To This ‘Forgotten’ Oil Play

The Permian has been getting most of the headlines on U.S. shale, but there is another play in the vicinity that has been attracting more industry attention than media attention. Pretty much forgotten since the ‘90s, when shale oil and gas moved to the forefront of the U.S. oil industry, the Austin Chalk has now […]

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Tank Storage Asia 2018 – Register Today!

Tank Storage Asia will return to the Marina Bay Sands, Singapore on 26 & 27 September! The 2-day exhibition & conference will bring the entire storage sector together under one roof. Register today and stay tuned to as more features will be announced soon. https://registration.n200.com/survey/0b3m7efxfmxt6?actioncode=NTWO000060FKG&partner-contact=2x3l9hnbxs259&partner-invite=107pba5vy5x52  

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The Permian Basin in Texas and New Mexico will soon become the third-biggest oil producing region in the world: IHS Markit

Output from the Permian basin is poised to double between 2017 and 2023, according to IHS Markit. At 5.4 million barrels per day, Permian production would surpass output from all other producer nation’s except Saudi Arabia and Russia. IHS Markit believes the jump in output will require more than $300 billion in investment. New IHS […]

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Offshore Energy Exhibition & Conference 2018 – Register now!

The registration for Offshore Energy Exhibition & Conference 2018 is now live! The event, to be held on (22), 23 & 24 October in Amsterdam expects to attract over 12,000 offshore professionals and more than 600 exhibiting companies. Offshore Energy is an annual event focused on the complete offshore energy industry. It covers both the exploration and […]

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LAGCOE Awards Future Energy Professionals Scholarships

LAFAYETTE, La. (June 1, 2018) – LAGCOE is proud to announce the winners of the Future Energy Professionals (FEP) scholarship. Recognizing the importance of collegiate majors from disciplines of Science, Technology, Engineering, and Math (STEM), LAGCOE has created this scholarship in an effort to attract professional talent capable of maintaining a high level of technical proficiency […]

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Total, Borealis and NOVA Chemicals Close their Joint Venture in Petrochemicals

 Total S.A. (NYSE: TOT) (“Total”), Borealis AG (“Borealis”) and NOVA Chemicals Corporation (“NOVA Chemicals”) today announced they have closed a joint venture in petrochemicals on the U.S. Gulf Coast after receiving all required regulatory approvals. The company named Bayport Polymers LLC (“Bay-Pol”) is 50% owned by Total and 50% owned by Novealis Holdings LLC, a joint […]

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Oil Majors Double Down On Refining

The oil majors are increasingly betting their futures on a mix of downstream enterprises. Refineries, processing, petrochemical facilities and retail gasoline stations are gaining in importance, while upstream spending stalls. The WSJ reports that BP has plans to open 1,000 retail gasoline stations in Mexico and India over the next three years while ExxonMobil has […]

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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 […]

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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 […]

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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 […]

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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 […]

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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). […]

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