By Paul Wiseman Before the rise of the oil and gas industry, homes were heated by coal or wood, and they were lit by whale oil, lard oil, coal oil, etc. To the great benefit of whales, by the mid-1870s, most of these options were being replaced by petroleum-based kerosene. Now the clamor for reduction […]

The Texas Railroad Commission recently hired its first chief data officer and also a new director of government relations. Chief Data Officer Alkesh Amodwala and Government Relations Director Krista Duke have hit the ground running as the agency implements new legislation, including bills on data governance and natural gas infrastructure. “We are very fortunate to […]

Enverus Intelligence Research, a part of Enverus, a leading global energy data analytics and SaaS technology company, has released its latest FundamentalEdge report containing its five-year supply, demand, and price outline. The report discusses geopolitical risk and shortfalls from major oil-producing countries that pushed WTI prices above $80/bbl even as the Omicron wave and continued […]

Oil and gas companies can no longer afford to ignore digitalization, says GlobalData, which notes that any O&G company that doesn’t start to modernize now risks going under. The leading data and analytics company highlights Internet of Things (IoT) technologies such as digital twins have the potential to be the backbone of digitalization in the […]

Curtailing U.S. exports of liquefied natural gas (LNG) has recently been raised as an option to insulate U.S. consumers from rising gas and power costs around the globe. However, an imposed disruption of LNG supply at a time of extreme stress in global gas markets would have a highly destabilizing effect both politically and commercially. […]

Edging Closer to “Unmanned” Oil majors are looking to automate their assets to reduce the impact of demand fluctuation on revenues, according to GlobalData. The leading data and analytics company notes that COVID-19 has been a wake-up call to the upheaval that a sudden drop in energy demand and/or labor availability can cause, and digital […]

  By Patrick Long Controlling costs is critical for any energy company. Firms may spend to grow through acquisition, new business development, gain of market share, or investment in new opportunities. However, as a business activity also decreases following this period of growth, what happens to the variable costs? If companies have planned strategically, their […]