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Low oil prices have taken a huge toll on exploration and production (E&P) activity, and the decline could lead to production shortfalls in the future. -
The future of technology in the global energy industry will be driven by cost pressures, the scope of government regulation, and increased digitization
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The recent IHS CERAWeek conference in Houston brought together high-level executives. Over 5 days of discussions and panel sessions, several key themes emerged about the current state of the global oil and gas industry.
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ExxonMobil’s latest long-term energy outlook paints a generally robust picture for oil and natural gas despite the steep fall in hydrocarbon prices and cuts in capital spending.
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US companies began selling crude oil on the international market last month shortly after the US Congress ended the country’s 40-year-old ban on oil exports.
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All signs point to another bleak year for the oil and gas industry. Major operators have begun announcing significant capital spending cuts, and analysts see no quick fix to the current global supply/demand imbalance.
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The IEA's new energy outlook paints a generally optimistic view of the supply/demand balance and oil price picture to 2020.
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In times of high and low oil prices, the oil and gas industry has pursued innovation and steady technological advancement. As international oil companies cut or outsourced research and development. This ushered in a wave of innovation and growth in the service sector.
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JPT recently conducted its annual readership survey to get valuable feedback on how useful and relevant the magazine is to readers in their jobs and how it can be improved.
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The SPE Annual Technical Conference and Exhibition (ATCE) is not only an annual gathering for members but has also been a platform for the technology breakthroughs as well as discussions of the ups and downs of the oil industry through the years.
