Business/economics
The latest energy survey by the US Federal Reserve Bank of Dallas once again reflected the direct impacts of the now 7-month conflict between the US and Iran. Oil and gas executives were queried on a range of topics that included the state of the US Strategic Petroleum Reserve (SPR), Persian Gulf crude exports, and the direction of oil prices.
After years of market shocks, technological breakthroughs, and rising uncertainty, ATCE 2026 will provide new insights on how industry leaders and technical experts are preparing for the next era of the upstream business.
This guest editorial examines why geothermal projects require a different planning, financing, and development approach than traditional oil and gas projects.
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What will the landscape of this industry look like when the dust of the current price crash settles? The business will realign, as it always does. This may bring big changes to the future of technology development.
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The LNG market remains a mixed bag heading into Q2. Port Arthur LNG is just the latest to see a delayed FID, while other LNG projects are still moving ahead.
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The merged companies will offer large-diameter coiled-tubing, directional drilling, snubbing, wireline services, and pressure pumping services.
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Historically, natural gas contract prices were tied to the price of crude; now, volatility and growth in spot-market liquidity signal a shift from long-term linking toward a more integrated market.
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The sale of the Appalachia position is in line with Shell’s strategy to focus on its shales strategy.
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The Texas Railroad Commission finally ended its uncomfortable flirtation with limiting production by declining to set quotas, but it changed rules to speed oil storage construction and allow companies to conserve cash by giving them more time to plug wells and clean up waste pits.
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No vacancy? The hunt for global alternatives to store crude oil includes offshore, global strategic reserves, pipelines, rail cars, and trucks.
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Four recent deepwater offshore discoveries show exploration is not dead, it is just concentrated offshore.
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There are numerous views of what the future energy landscape will look like in the next decade and beyond. When thinking about sources of primary energy, it is not a question of either/or, it is a question of what can reach scale fast enough to meet continued demand growth.
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Putting together the billions of dollars needed to develop deepwater finds has become tougher, but when the discoveries are huge, companies will make every effort to find a way to tap what may be a cheap source of oil.