Despite the global oil and gas industry experiencing a 15 percent quarter-on-quarter decrease in the total number of contracts, from 1,596 in Q3 2024 to 1,353 in Q4 2024, the overall contract value remained stable, driven by the announcement of some major contracts in Africa, revealed GlobalData, a data and analytics company. A recent GlobalData report reveals […]

Texans pay an average of $1,725 more for goods and services every year as the cost of lawsuits and massive court awards are passed on to consumers. This $1,725 “lawsuit tax”—which drives up the cost of everything Texans buy, from groceries to housing to insurance—is higher than the national annual average lawsuit tax of $1,666 […]

by Brian Meyer, PSB Industries With the gas processing industry poised for significant changes in the coming years, adopting new technologies is essential to ensure industry leadership and sustainable business models. The gas processing industry refines natural gas to make it usable for industrial, commercial, and energy-applications. That role has changed over time, as technologies […]

The Trump Administration actions to scale back renewable energy capture headlines, but citizens are also pushing back. Efforts to deploy wind and solar systems face a rising tide of opposition in towns, counties, and states. Mandates for electric vehicles and electric home appliances are being challenged. The combination of rising local opposition and Trump funding […]

Potential tariffs and supply chain instability are forcing oil and gas companies to rethink offshore sourcing and search for reliable, domestic chemical supply. Until recently, few such options have presented themselves. A newly launched (and employee-owned) Houston-based chemicals company now asserts that it is transforming the O&G supply chain with its distribution model. Centrium Energy […]

Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS company that leverages generative AI, released on Feb. 12 a report that analyzes recent inventories of drilling uncompleted wells (DUCs) and the implications for 2025 budgets. DUCs provide operators with strategic flexibility, financial benefits, and operational efficiency, making them a crucial aspect of the […]

The Industrial Energy Consumers of America (IECA) on Feb. 6 sent a letter to Congress urging lawmakers to quickly advance energy permitting legislation to expedite natural gas pipeline capacity. IECA stated that when there is inadequate pipeline capacity, manufacturing companies are always the first to be curtailed at significant costs. Paul N. Cicio, President of […]