In March President Donald Trump signed the Congressional Review Act (CRA) repeal of the Biden administration’s natural gas tax. This legislative action nullifies the methane fee imposed by the Biden administration on oil and natural gas production, which would have driven up costs to producers and American consumers. “President Trump’s overturning of Biden’s natural gas […]
Company Sets Itself to “Reshore” Oilfield Chemicals
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 […]
DUC Hunt: What the 2025 Drawdown Means
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 […]
Trade Group Urges Congress to Expedite Gas Pipeline Buildout
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 […]
Whitley Penn Receives “Best of Accounting” Award
Whitley Penn announced Feb. 11 that they have won the Best of Accounting Award, from ClearlyRated, for providing consistent service for their clients. ClearlyRated’s award winners have proven to be industry leaders in service quality based on ratings provided by their clients. On average, clients of 2025 Best of Accounting winners are 1.6 times as likely to be satisfied than […]
Gas Processing Looks to the Future
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 have evolved. For consumers and […]
Tenaris Service Center in Midland Gets $16M Expansion
Pipe manufacturer Tenaris announced Feb. 28 the expansion of its service center located in Midland, Texas, citing its desires to meet the growing demand of customers in the Permian Basin and other key shale plays across the United States. The $16 million investment will expand storage capacity by 25,000 tons by the end of 2025, […]
Energy Services Sector Jobs Take Small Dip
The Energy Workforce and Technology Council released on Feb. 10 its monthly jobs report, analyzing employment trends within the U.S. energy services sector for January 2025. Based on preliminary data from the Bureau of Labor Statistics (BLS) and analysis conducted by EWTC, total jobs in the sector were reported at 630,087, reflecting a downward adjustment of 7,303 […]
The Nine Core Traits of High-Performing Companies
In today’s business landscape, competition is relentless. Disruptions emerge overnight. Customer expectations evolve rapidly. Talent is harder to retain than ever. Yet, some companies consistently outperform their peers, growing faster, attracting top talent, and building unshakable customer loyalty. What sets these companies apart? An in-depth study was conducted of companies to identify the characteristics of […]
Global O&G Contract Value Remains Stable
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 […]
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