View Cart (0 items)

Oil & Gas Industry Update

US companies led the world in fracking technology patents in 2013

No Comments
U.S. oil and gas services companies were the most active filers of patents for fracking technology last year.
Read More

Gazprom signs 30-year gas delivery contract with China

No Comments
Russia and China have signed a historic 30-year gas delivery deal that is estimated to be worth more than $400 billion.
Read More

MarkWest to expand processing capacity in Marcellus Shale

No Comments
The company said it will add two new new cryogenic processing plants at its Sherwood complex in Doddridge County, West Virginia and its Mobley Complex in Wetzel County, West Virginia.
Read More

Increased oil and gas exports would benefit US, economists say

No Comments
A new poll gauged the opinion of 30 U.S. economists regarding oil and gas exports and revealed that their view was almost unanimous.
Read More

US Northeast in need of new pipeline capacity

No Comments
Pipeline construction in the U.S. Northeast is lagging behind natural gas production, according to the U.S. Energy Information Administration.
Read More

Oil & gas industry contributes £35 billion annually to UK economy

No Comments
Although oil prices are persistently high and production is declining in the UK, the outlook for the oilfield services industry is very positive.
Read More

Japan launches first fracking operations

No Comments
Commercial production of shale oil in the northern prefecture of Akita will start at a much smaller scale than in the United States.
Read More

Global refining industry outlook predicts growth in 2014, 2015

No Comments
Chinese refiners are predicted to add the largest proportion of new refining capacity planned globally in 2014/2015, with the launch of a further 1.2 million bpd.
Read More

Bakken Shale oil production to hit 1.7 million Bpd in 2020

No Comments
Oil reserves worth approximately $118 billion are still lying under the Bakken/Three Forks Shale play system in Montana and North Dakota, according to a new estimate by research and consultancy group Wood Mackenzie.
Read More

TransCanada wins firm natural gas transportation commitments for ANR

No Comments
Calgary-based pipeline operator TransCanada Corp. has secured long-term commitments for the transportation of nearly 2 billion cubic feet of natural gas per day via its ANR pipeline system.
Read More