America

America, Gas, Oil, Rigzone

Is Chevron’s $11 Billion Write-Down an Oil patch Warning?

Current market conditions are resulting in many US fracking projects failing to break even.

America, Energy, Oil, Pipelines, Ports, Rigzone

US Returns to Being a Net Oil Exporter

Thanks to the shale oil revolution, for the first time since the 1940s, the United States exported more oil than it imported last September. In that month, U.S. exports of crude oil and refined products exceeded imports by 89,000 barrels a day, according to EIA statistics. This marks a significant […]

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America, Energy, Gas, Oil, Rigzone

Gulf of Mexico Oil Output Targeting Record Year

2020 is expected to be another record year for the region with average production above 1.9 million barrels per day.

Copyright: chayantorn / 123RF Stock Photo
America, construction, Decommissioning, Engineers, Europe, Gas, Oil, Renewables, Rigzone

Oilfield Services Looking Beyond Oil and Gas

Faced with a forecast decline in the global upstream service market in 2020 and only modest growth of 3 percent for the four-year period from 2019 to 2022, logic suggests that long-term growth in clean energy, particularly in fast-growing Asian-Pacific markets, offers the path towards growth.

OPEC Organization of the Petroleum Exporting Countries
Africa, America, Energy, Middle East, Oil, Rigzone, Technology

OPEC Faces Increasing Competition

There are a number of interrelated drivers behind the worldwide demand for crude.