Tag Archives: Oil and Gas

Marsh Bellofram Announces New BelGAS CP Division

Continues Aggressive Push to Form Specialist Groups Serving Oil & Gas Newell, W.Va.—The Marsh Bellofram Company continues to reimagine its BelGAS operations to strategically respond to the needs of the oil and gas industry, announcing the formation of the new BelGAS CP (Control Products) business unit one month after announcing the formation of its new […]

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AOG Audience Hears that Government is Backing Local Oil and Gas Turnaround

The Australian oil and gas sector is rebounding and is about to receive a further boost from government, the audience at the first day of the Australasian Oil and Gas Exhibition and Conference (AOG) in Perth has heard. Western Australian Premier Mark McGowan told the opening session of the AOG 2018 Collaboration Forum that his […]

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Australia’s Largest Oil and Gas Event Begins in Perth Tomorrow

With the global oil and gas sector rebounding from a major industry downturn, there will be significant critical interest when more than 8000 visitors from 20 different countries attend one of the world’s leading petroleum events in Perth tomorrow. The three day Australasian Oil & Gas Exhibition & Conference (AOG), which is being staged for the […]

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Corpus Christi Set to Become Major Oil Export Hub as Shale Drilling Surges

As West Texas drillers pump more crude in coming years, they’ll have to ship almost all of the increase in the Permian Basin’s output to buyers overseas – and most of those exports will pour out of Corpus Christi in South Texas, analysts say. Energy research firm Wood Mackenzie believes U.S. oil producers will pump […]

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A river Becomes an Ocean…Australia’s LNG Marine Fuel Opportunity

With the prospect of an oversupplied global liquefied natural gas (LNG) market, more gas supply anticipated and weak LNG pricing in the coming years, identifying new outlets for gas is becoming mission critical for LNG producers. And one of the biggest opportunities over the next decade is in transportation. LNG as a heavy-duty truck fuel […]

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America’s Oil Boom Is Fueled By A Tech Boom

The U.S. is on track to become the world’s biggest oil producer, pumping out more crude than at its peak nearly a half century ago. For decades, few expected such a comeback, and it’s all the more remarkable because the price of a barrel of oil is nowhere near what it was during the last, […]

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Dragon Products Introduces Sand Force™ to Frac Sand Delivery Trailers

Faster unloading of frac sand at the well site. Beaumont, Texas—Dragon Products, energy and industrial equipment manufacturer, has introduced Sand Force™, a double drop, bottom discharge trailer-mounted sand delivery trailer. Specifically designed for frac sand, Sand Force™ unloads the standard 25 tons of frac sand in approximately 11 minutes— orders are being taken now. “Since […]

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U.S. to Overtake Russia as Top Oil Producer by 2019 at Latest: IEA

TOKYO (Reuters) – The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country’s shale oil boom continues to upend global markets.   IEA Executive Director Fatih Birol said at an event in Tokyo the United States would […]

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Oil Jumps Most This Year as Buildup Slows in U.S. Storage Tanks

Crude climbed the most since December as a recent buildup in U.S. storage tanks and terminals appears to be slowing down. Futures gained 2.4 percent in New York on Wednesday after a government report showed American oil inventories rose by 1.84 million barrels last week. That was lower than all but two of 11 estimates in a […]

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Industry Leaders to Highlight Importance of Diversity & Inclusion at AOG 2018

There is no doubt that diversity and inclusion in the workplace are now considered C-level issues, and key leaders in Australia’s oil and gas sector are amongst those who are pushing that message. The importance of diversity and inclusion in the oil and gas workplace will be a major feature at AOG 2018, with some […]

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Oil Rises 1.8% To $65.61, Setting New 3-Year Closing High After 10th Straight Drop In US Crude Stockpiles

U.S. crude prices topped $65 a barrel for the first time since December 2014. Oil prices turned higher after the U.S. government reported the tenth straight weekly drop in U.S. crude stockpiles. U.S. crude prices topped $65 a barrel for the first time in more than three years on Wednesday after government data showed the […]

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Nostra Terra Oil and Gas Secures US$5mln Funding Deal

“We’re excited to be working with such a strong energy lender as Washington Federal that endorses our plans to grow production, cash flow, and the size of the facility.”   Nostra Terra Oil and Gas Company plc (LON:NTOG) shares edged higher on Monday after the company announced that it received approval for a new US$5mln […]

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