Industry News
The $40 Billion Oil And Gas Shot ‘Heard Around The World’
If you own oil and gas stocks, you need to make yourself familiar with Norway’s sovereign wealth fund, because they are about to sell $40 billion worth. Seeking Alpha had a great take on why this decision is important and why it matters to everyone… Read Full Article Here: https://seekingalpha.com/article/4126342-40-billion-oil-gas-shot-heard-around-world
Anadarko Petroleum Sees 11% Rise In 2018 Sales Volumes
Anadarko Petroleum Corp. (NYSE: APC) on Nov. 16 forecast an 11% rise in sales volumes for 2018, as shale producers boost oil output aggressively, taking advantage of recovering oil prices. The Woodlands, Texas-based oil and gas producer said it expects to sell 245 million to 255 million barrels of oil equivalent (boe) in 2018, higher than the 224 million to 228 million boe it forecast for 2017. Read Full Article Here: https://www.oilandgasinvestor.com/anadarko-petroleum-sees-11-rise-2018-sales-volumes-1669761
Oil And Gas M&A Deal Appetite Highest Since 2013 | OilPrice.com
Corporate earnings and credit availability has soared in the oil and gas sector, making mergers and acquisitions much more appealing in the industry Read Full Article Here: https://oilprice.com/Latest-Energy-News/World-News/Oil-And-Gas-MA-Deal-Appetite-Highest-Since-2013.html
New US gas pipelines fall short of
Shale oil production in Texas has increased steadily for more than a year and gains have spilled over into the broader economy, a federal reserve bank said. https://www.upi.com/Energy-News/2017/11/17/Texas-jobs-shale-production-increasing/3901510914821
Chemists synthesize a new catalyst for oil and gas processing
A team of scientists from the Research Institute of Chemistry (RIC) of RUDN University and colleagues from major scientific centers have created a new catalyst, a substance that activates oxidation processes in low-reactive components of oil and gas. The new method of hydrocarbon processing will efficiently produce valuable organic substances such as acids and alcohols using a reaction that requires only minor heating and no increased pressure. The results of the team’s work were published in the Journal of Organometallic Chemistry. https://phys.org/news/2017-11-chemists-catalyst-oil-gas.html
Women in Energy Conference Highlights Growing Role of Women in Oil and Gas Workforce
https://www.albawaba.com/business/pr/women-energy-conference-highlights-growing-role-women-oil-and-gas-workforce-1049042 The closing day of ADIPEC has put the spotlight on the growing importance of women in the oil and gas workforce, with industry role models leading the Women in Energy conference. Held as part of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), more than 200 delegates attended Women in Energy, offering a full day of discussions aimed at promoting diversity and inclusion within the global oil and gas industry…
America’s oil and gas output could soar 25% by 2025
http://money.cnn.com/2017/11/14/news/economy/us-oil-gas-shale-iea/index.html The United States is on track to pump 30 million barrels of oil and gas a day by 2025, 50% more than any other country has ever managed. The dramatic shifts envisioned by the IEA in its World Energy Outlook would transform the U.S. from an energy importer into a major player in global markets capable of producing 30 million barrels of oil and gas a day by 2025. Paris-based IEA predicts that U.S. shale oil producers will boost their output by 8 million barrels a day between 2010 and 2025…
World’s Biggest Wealth Fund Wants Out of Oil and Gas
https://www.bloomberg.com/news/articles/2017-11-16/norway-s-1-trillion-wealth-fund-wants-out-of-oil-and-gas-stocks Norway’s trillion sovereign wealth fund proposed dumping about billion in oil and gas stocks, including Royal Dutch Shell Plc and Exxon Mobil Corp., to protect the economy of western Europe’s biggest petroleum producer.
BP ADIPEC 2017 Video
How is #BP advancing the #EnergyTransition? Watch and see ???? @ADIPECofficial #ADIPEC2017 pic.twitter.com/2Qs2KE73vA — BP (@BP_plc) November 15, 2017
The U.S. Is Entering the Biggest Oil and Gas Boom Ever
http://fortune.com/2017/11/14/us-oil-and-gas-boom/ Shale is the key to ‘energy dominance’, the IEA says The U.S. is set to enjoy the biggest increase in oil and gas production the world has ever seen over the next few years, according to a new report out Tuesday. The report from the International Energy Agency (IEA), a Paris-based think tank, is a thumping endorsement for the shale sector’s resilience in the face of a two-year …
Continuous disruption is ‘new normal’ for oil and gas industry, Baker Hughes GE CEO says
Continuous disruption in the oil and gas industry should be viewed positively, Baker Hughes GE CEO Lorenzo Simonelli said Tuesday.
Untapped: The New West Texas
The Texas standard has put together a great mini series about The Permian Basin in West Texas, and it’s nation leading oil adn gas production. Worth a read and listen. http://specials.texasstandard.org/untapped/