Industry & Analysis
News
June 02, 2023
Employment in the U.S. oil field services and equipment sector increased by 4,385 jobs to its highest level since March of 2020 to reach 665,213 in May, according to preliminary data from the Bureau of Labor Statistics (BLS) after adjustments to April numbers and analysis by the Energy Workforce & Technology Council (Energy Workforce).
News
June 02, 2023
The group’s existing cuts should be sufficient to tighten oil markets in the second half of the year assuming there’s no recession, but to push prices higher “the alliance — or at least some members — would likely need to cut more,” JPMorgan said.
News
June 02, 2023
PureWest Energy, LLC is a private energy company focused on developing its long-life natural gas reserves in Wyoming’s Green River basin, where the company controls more than 111,000 net acres in and around the prolific Pinedale and Jonah fields.
News
May 31, 2023
The second day of the Energy NL Annual Conference & Exhibition 2023 examined the market potential for Newfoundland and Labrador’s lower carbon energy and opportunities for Energy NL members to engage in the broader energy market.
News
May 31, 2023
The Energy NL Annual Conference & Exhibition 2023 began on an exceptional note with an address by the Honorable Andrew Parsons, Minister of Industry, Energy & Technology, who offered the continuing support of the Government of Newfoundland and Labrador for the provincial energy sector.
News
May 31, 2023
The agreements have enabled $774 million to flow back into the UAE economy through industrial investments by suppliers in expanding or establishing new facilities.
News
May 30, 2023
Andy McDowell, formerly Senior Vice President of Media and an employee of the company since 2005, will become President. In the President role, McDowell will be responsible for day-to-day operations of the company.
News
May 30, 2023
“Energy Workforce & Technology Council applauds the bi-partisan agreement to lift the debt ceiling, which includes important reforms to the National Environmental Policy Act to help speed up projects and includes an agreement to finish the Mountain Valley Pipeline," said Tim Tarpley, Energy Workforce & Technology Council President.
News
May 30, 2023
There has never been a more critical or exciting moment to advocate for strong and smart policies that ensure U.S. energy leadership now and long into the future, and I’m thrilled to take on this new challenge,” said Dustin Meyer.
Article
May 2023
Crude prices surged in April after OPEC+ announced it was slashing output by 1.16 MMbopd as a precautionary measure targeted at stabilizing oil markets.
News
May 29, 2023
Featuring over 30 speakers, 57 exhibiting companies, a demonstration stage, and a tech market, the Energy NL Conference & Exhibition 2023 is the focal point of the energy sector this week.
News
May 29, 2023
Republicans scored a win by imposing a one-year limit on environmental assessments and two years on environmental impact statements. However, extensions of those deadlines, “in consultation with the applicant,” are allowed, according to text of the legislation.
Article
May 2023
Beyond the numbers, upstream firms remain quietly confident
News
May 26, 2023
“The Supreme Court continues to hand losses to President Biden’s EPA, first with an unconstitutional emissions rule and now an attempt to illegally control water and property rights," said Texas Commissioner Wayne Christian.
News
May 25, 2023
The IOGCC resolution further endorses action by Congress to ensure states are provided the necessary flexibility and deference to utilize grant funds in accordance with existing state programs for the purpose of plugging and restoring as many orphan wells and well sites as possible.
News
May 25, 2023
"By harnessing the power of AI, our solution rapidly evaluates various data streams to identify potential issues before they escalate into significant problems," said Ingo Anders, CEO of Brüel & Kjær Vibro.
News
May 25, 2023
Brufau was reelected by a majority of votes at the Madrid-based oil producer’s annual shareholders meeting on Thursday, granting him four more years overseeing a company that has undergone a sweeping transformation during his tenure.
News
May 23, 2023
Exum’s first instrument, the Massbox, is a mobile, desktop-sized mass spectrometer that delivers lab-quality analysis beyond the traditional laboratory.
News
May 19, 2023
Thirty-seven dockets involved $1,204,493 in penalties after operators failed to appear at Commission enforcement proceedings.
Article
May 2023
Despite reasonable oil price levels, U.S. upstream activity is being restrained by inflated equipment/supply costs, residual lags in the supply chain, and, perhaps most of all, manpower issues.
